Truist Raises Target on BILL Holdings (BILL), Keeps Buy Rating
BILL Holdings, Inc. (NYSE:BILL) is one of the 10 Best Stocks to Buy According to Elliott Investment Management.
Truist raised its price target on BILL Holdings, Inc. (NYSE:BILL) from $58 to $59 and keeps a Buy rating on the stock, on February 10, 2026. The new price target and rating reiteration were part of the updates from the analyst on financial models for several payment firms following their fourth-quarter earnings. For BILL Holdings, Inc. (NYSE:BILL), the analyst research note has cited in particular the refreshed assumptions concerning higher net adds and increased volume per client.
Incidentally, BILL Holdings, Inc. (NYSE:BILL) reported its second-quarter 2026 earnings results on February 5, 2026, and highlighted core revenue of $375 million, a 17% year-over-year increase. During the quarter, the company also managed to achieve an 18% non-GAAP operating margin, signalling robust profitability. However, management explicitly noted that it anticipates a slight decrease in net new customer additions as the company shifts its focus to larger businesses.
Founded in 2006, BILL Holdings, Inc. (NYSE:BILL) is a leading financial operations platform that automates back-office processes for small and midsize businesses. Its headquarters is in California.
While we acknowledge the potential of BILL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Top 10 Stocks Warren Buffett Would Buy in 2026 and 13 High-Quality S&P 500 Financial Stocks According to Hedge Funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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