Morgan Stanley has revised its price target for Bill.com Holdings, Inc. (BILL, Financial), decreasing it from $100 to $65. Despite this adjustment, the firm maintains an Overweight rating on the stock.
This change is part of a broader reassessment by the financial services company, as it evaluates the risk and reward profiles of various software firms amidst uncertain tariff risks. Morgan Stanley is keen on understanding how these factors have been integrated into current stock prices.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for BILL Holdings Inc (BILL, Financial) is $78.10 with a high estimate of $120.00 and a low estimate of $49.00. The average target implies an upside of 88.77% from the current price of $41.37. More detailed estimate data can be found on the BILL Holdings Inc (BILL) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, BILL Holdings Inc's (BILL, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for BILL Holdings Inc (BILL, Financial) in one year is $159.33, suggesting a upside of 285.13% from the current price of $41.37. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the BILL Holdings Inc (BILL) Summary page.
