Bill.com (BILL) Tops Q1 EPS by 6c

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Bill.com Holdings Inc. (BILL) PT Raised to $370 at Needham & Company

November 5, 2021 6:40 AM EDT

Needham & Company analyst Scott Berg raised the price target on Bill.com Holdings Inc. (NYSE: BILL) to $370.00 (from $280.00) while maintaining a Buy rating.

The analyst commented, "BILL reported another solid quarter with recent elevated payment volume and average revenue per transaction growth... More

Bill.com (BILL) Stock Surges 15% After Results and Guidance Blew Past Estimates, Analysts Raise Numbers After Another 'Blowout Quarter'

November 5, 2021 6:15 AM EDT

Shares of Bill.com (NYSE: BILL) are up over 15% in pre-open Friday after the company reported better-than-expected FQ1 results and guidance.

Bill.com reported Q1 EPS of ($0.15), better than the analyst estimate of ($0.21). Revenue for the quarter came in at $116.4 million versus the consensus estimate of $103.41 million.

We kicked off our fiscal year with momentum and strong first quarter results that exceeded our expectations, said René Lacerte, Bill.com CEO and Founder. We also completed our acquisition of Invoice2go, which significantly expands our reach to serve millions... More

UPDATE: SMBC Nikko Securities Starts Bill.com Holdings Inc. (BILL) at Outperform

November 3, 2021 5:00 AM EDT

(Updated - November 3, 2021 9:11 AM EDT)

SMBC Nikko Securities analyst Andrew Bauch initiates coverage on Bill.com Holdings Inc. (NYSE: BILL) with a Outperform rating, PT $350.00.

The analyst comments "As new functionality are added to an already robust offering, we expect... More