Truist Lifts PT on BILL Holdings (BILL) Stock, Keeps Hold

BILL Holdings, Inc. (NYSE:BILL) is one of the 7 Best Stocks to Buy According to Abdiel Capital Advisors. On July 22, Truist lifted the company’s price objective to $50 from $47, while keeping a “Hold” rating. Notably, the firm likes the setup for a broader FinTech sector as earnings results in totality are expected to be strong, and the group has underperformed recently. During Q3 2025, BILL Holdings, Inc. (NYSE:BILL) expanded its platform with a suite of mid-market solutions, enhanced its payment portfolio with streamlined reconciliation, and broadened and diversified the distribution ecosystem.

In Q3 2025, the company’s total revenue amounted to $358.2 million, reflecting an increase of 11% YoY, with core revenue (which consists of subscription and transaction fees) coming at $320.3 million, 14% YoY growth. Furthermore, BILL Holdings, Inc. (NYSE:BILL)’s FCF grew by 44% YoY in Q3 2025. The company has been accelerating its AI growth strategy, and in Q3 2025, its solutions automated the financial operations for more than 488,000 businesses. BILL Holdings, Inc. (NYSE:BILL) processed $79 billion in total payment volume, reflecting an 11% YoY increase.

Talking about the distribution ecosystem, BILL Holdings, Inc. (NYSE:BILL) continues to broaden its reach with accounting firms. Apart from driving the accelerated customer adoption of its AP and AR solution, the concerted efforts from both product and go-to-market have been unlocking the accounting channel as a cross-sell engine. Parnassus Investments, an investment management company, released its Q1 2025 investor letter. Here is what the fund said:

“We initiated positions in several disruptive, highly innovative companies whose valuations fell sharply during the sell-off. We re-initiated a position in BILL Holdings, Inc. (NYSE:BILL), which operates an innovative SMB-focused payments automation platform (Bill.com). We see significant growth potential ahead resulting from its ability to further penetrate the market for small-to medium-sized businesses.”

BILL Holdings, Inc. (NYSE:BILL) offers a financial operations platform for small and midsize businesses worldwide.

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.

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Disclosure: None. This article is originally published at Insider Monkey.