Barington Companies Acquires Additional BILL Holdings Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 17 2026
0mins
Should l Buy BILL?
Source: NASDAQ.COM
BILL Holdings Inc. saw a significant price drop of 8.46% as it crossed below its 5-day SMA, reflecting broader market weakness with the Nasdaq-100 down 1.28% and S&P 500 down 1.06%.
Barington Companies Management acquired an additional 325,000 shares of BILL Holdings for approximately $16.70 million, indicating strong confidence in the company's prospects. Despite a 24.1% decline in BILL's stock price over the past year, the company reported a 14% year-over-year increase in Q2 revenue, amounting to $414.7 million, demonstrating robust business fundamentals and future growth potential. The acquisition raised the value of Barington's BILL position by $17.83 million at quarter-end, reflecting positive market expectations for the company's future development.
The acquisition by Barington Companies highlights investor confidence in BILL Holdings, despite the recent stock price decline. The company's strong revenue growth and positive outlook suggest potential recovery, making it an interesting prospect for investors looking for value in the financial management software sector.
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Analyst Views on BILL
Wall Street analysts forecast BILL stock price to rise
16 Analyst Rating
9 Buy
7 Hold
0 Sell
Moderate Buy
Current: 42.270
Low
42.00
Averages
54.92
High
75.00
Current: 42.270
Low
42.00
Averages
54.92
High
75.00
About BILL
BILL Holdings, Inc. provides a financial operations platform for small and midsize businesses (SMBs). The Company offers software-as-a-service, cloud-based payments, and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. Its artificial intelligence (AI)-enabled financial software platform creates seamless connections between its customers, their suppliers, and their clients. Businesses on its platform generate and process invoices, streamline approvals, make and receive payments, manage employee expenses, sync with their accounting system, foster collaboration, and manage their cash flow. Its integrated platform also includes BILL Spend and Expense, its spend and expense management product, which provides a solution for businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Robust Revenue Structure: Approximately 73% of the company's revenue comes from transaction fees, with only 17% from software licensing, which allows it to maintain strong revenue stability even if AI impacts customer workforces, thereby reducing business risk.
- Massive Market Potential: As of December 2025, Bill has 498,500 customers, compared to an estimated 72 million small businesses in its target market, indicating significant growth opportunities, especially given the $135 trillion in annual B2B payment volume.
- Analysts Bullish Outlook: According to The Wall Street Journal, 15 out of 24 analysts recommend buying the stock, with an average price target of $57.73, suggesting a 25% upside potential over the next 12 months, reflecting a positive market sentiment towards Bill's stock.
See More
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- Profitability Shift: Bill Holdings is shifting its focus from revenue growth to profitability, with Q1 revenue at $810.4 million, reflecting a modest 12% year-over-year increase; however, this strategy has disappointed investors, contributing to an 86% decline in stock price since its 2021 peak.
- Customer Base and Market Potential: As of December 31, 2025, Bill has 498,500 customers, a small fraction of the estimated 72 million SMBs in its addressable market, yet the $135 trillion in annual B2B payment volume presents a significant growth opportunity for the company.
- Analyst Ratings Optimistic: Among 24 analysts covering Bill, 15 have issued buy ratings, with an average price target of $57.73 suggesting a 25% upside over the next 12 months, while the highest target of $84 implies an 82% potential increase.
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See More
