These Analysts Revise Their Forecasts On BILL Holdings After Q1 Results

Core Insights - BILL Holdings, Inc. reported better-than-expected first-quarter financial results, with adjusted earnings of 61 cents per share, surpassing market estimates of 51 cents per share [1] - Quarterly sales reached $395.741 million, exceeding expectations of $391.077 million [1] - The company raised its FY2026 adjusted EPS guidance from $2.00-$2.20 to $2.11-$2.25 and narrowed its FY2026 sales guidance from $1.589 billion-$1.629 billion to $1.597 billion-$1.627 billion [1] Company Performance - CEO René Lacerte highlighted strong momentum at the start of fiscal 2026, emphasizing the expansion of BILL's reach and profitability [2] - New partnerships with NetSuite, Paychex, and Acumatica are aimed at embedding BILL into the tech stacks of small and midsize companies [2] - The introduction of BILL AI Agents is expected to simplify operations and enhance efficiency in B2B transactions [2] - Following the earnings announcement, BILL Holdings shares rose by 3.8% to $46.03 [2] Analyst Reactions - Analysts adjusted their price targets for BILL Holdings post-earnings announcement, with varied ratings and target changes [3] - Keefe, Bruyette & Woods maintained a Market Perform rating and reduced the price target from $56 to $48 [5] - BMO Capital also maintained a Market Perform rating, lowering the price target from $56 to $54 [5] - Susquehanna maintained a Positive rating but cut the price target from $89 to $84 [5] - UBS maintained a Buy rating and decreased the price target from $65 to $60 [5] - JP Morgan maintained an Overweight rating and raised the price target from $55 to $60 [5]