From Financial Modeling Prep: 2025-05-09 12:20:00

BMO Capital raises price target on BILL Holdings to $52 from $47, maintains Market Perform rating. Cautious optimism due to macroeconomic headwinds and mixed growth signals. Q3 earnings beat reported.

Fiscal 2025 sees strategic investment for Bill.com, targeting 20% annual growth. Third fiscal quarter shows slower rebound, potentially delaying significant acceleration to fiscal 2026.

BMO trims estimates but points to pricing initiatives and new offerings as growth drivers. Strong free cash flow generation noted as positive factor for revised valuation.



Read more at Financial Modeling Prep:: BMO Lifts Bill.com Price Target Following Q3 Beat