BILL Price Prediction Next Week
Technical Analysis: BILL's stock has experienced significant volatility, with a sharp decline following Q2 earnings release. Recent price action shows the stock trading between $62-66 range.
Price Target Analysis for Next Week: Based on technical indicators and recent news:
- Support levels: $60.25 (current week low)
- Resistance levels: $67.00 (previous week high)
- Current trading range: $62-66
News Impact:
- Q2 earnings beat with revenue of $362.55M and adjusted EPS of $0.56
- Multiple analyst downgrades:
- Wells Fargo lowered PT to $57
- KeyBanc cut PT from $115 to $85
- Oppenheimer lowered PT to $90
Key Concerns:
- Declining take rates across AP/AR and Spend & Expense
- FX headwinds impacting performance
- Weaker management visibility into take rate trends
Price Prediction for Next Week:
- Base case (60% probability): $63-65
- Bearish case (25% probability): Below $60
- Bullish case (15% probability): Above $67
Recommendation: SELL
- Current technical indicators suggest continued downward pressure
- Multiple analyst downgrades and concerns about take rates
- FX headwinds likely to persist in near term
- Stock showing weak recovery attempts after recent selloff
Target Price: $61.50 for next week
BILL Similar Chart Price Prediction
The price of BILL is predicted to go up -1.26%, based on the high correlation periods with ANIP. The similarity of these two price pattern on the periods is 97.03%.
BILL
ANIP
Down: -1.26%Similarity: 97.03%
BILL Revenue Forecast
BILL EPS Forecast
BILL FAQs
What is bull’s view on BILL?
What is bear's view on BILL?
What is BILL revenue forecast for next quarter？
What is BILL eps forecast for next quarter？
BILL Analyst's Forecast
James Friedman
Susquehanna
Buy
2025-01-07
Price Target
$91 → $100
Upside
+19.84%
Susquehanna raised the firm's price target on Bill to $100 from $91 and keeps a Positive rating on the shares. The firm noted that on its FQ4 earnings call, the company issued constructive long-term guidance, committing to core revenue growth of 20%+ in FY2026. Two of the potential drivers are the company's growing loan book, and cross-border payment monetization, which we believe may face headwinds from a rising US dollar. The increase in price target is largely to account for peer multiple expansion.
Alex Markgraff
Keybanc
Hold → Buy
2024-12-18
Price Target
$115
Upside
+38.47%
Siti Panigrahi
Mizuho
Hold
2024-12-13
Price Target
$64 → $75
Downside
-14.83%
