Core Insights - BILL Holdings, Inc. is expected to report its fourth-quarter 2025 results on August 27, with projected revenues between $370.5 million and $380.5 million, indicating growth of 8-11% [1] - The Zacks Consensus Estimate for fourth-quarter revenues is $375.70 million, reflecting a 9.3% increase year-over-year, while the consensus for earnings is 41 cents per share, representing a decline of 28.07% from the previous year [2] - For fiscal 2025, management anticipates revenues between $1.45 billion and $1.46 billion, suggesting growth of 12-13%, with non-GAAP EPS projected between $2.06 and $2.09 [2][3] Revenue and Earnings Projections - The Zacks Consensus Estimate for BILL's fiscal 2025 revenues is $1.45 billion, indicating a year-over-year rise of 12.77%, while the consensus for full-year EPS is $2.09, suggesting a 1.42% decline [3] - For the fourth quarter, management expects core revenues of $335 million to $345 million, which translates to 11-15% year-over-year growth [12] - The consensus estimate for core revenues, which includes subscription and transaction fees, is currently $339.06 million, up from $320.3 million in the prior quarter and $301.31 million in the year-ago period [12] Transaction and Payment Volume - BILL is projected to process 32.4 million transactions in Q4, an increase from 30 million in the prior quarter and 28 million in the year-ago period, reflecting strong engagement from small and mid-sized businesses (SMBs) [15] - The Zacks Consensus Estimate for total payment volume (TPV) in Q4 is around $83.4 billion, up from $79 billion in the prior quarter and $76 billion in the year-ago period [15] Strategic Developments - BILL is strategically advancing by broadening its offerings for larger enterprises and enhancing its payments portfolio, with a focus on AI-driven initiatives for SMBs [9][10] - Recent product launches include Supplier Payments Plus, aimed at automating accounts receivable workflows for high-volume SMB payments, and innovations in procurement and financial automation [10] Market Performance and Valuation - BILL shares have declined 4.8% over the past three months, contrasting with a 14% increase in the Zacks Internet - Software industry and an 11.9% rise in the S&P 500 [17] - The stock is currently trading at a forward Price/Sales (P/S) ratio of 2.60X, which is below the industry average of 5.70X and at a discount compared to peers like SAP and Intuit [18] Overall Assessment - BILL's expanding customer base and comprehensive product suite are driving growth and profitability, although macroeconomic headwinds pose risks for SMB spending [19] - The company holds a Zacks Rank 3 (Hold), indicating a cautious outlook while monitoring future earnings and developments [20]

Core Insights - BILL Holdings (BILL) is expected to report quarterly earnings of $0.41 per share, a decline of 28.1% year-over-year, with revenues forecasted at $375.7 million, reflecting a 9.3% increase compared to the same period last year [1] Earnings Estimates - The consensus EPS estimate has been revised 3.3% lower over the last 30 days, indicating a collective reevaluation by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Key Metrics - Analysts estimate 'Revenue- Interest on funds held for customers' to be $35.92 million, a decrease of 15.2% from the prior-year quarter [5] - 'Revenue- Subscription and transaction fees' is projected to reach $339.06 million, indicating a year-over-year increase of 12.5% [5] - Total Payment Volume is expected to be $83.40 billion, up from $76.00 billion a year ago [6] - The estimated 'Transactions Processed' is 32.42 million, compared to 28.00 million in the same quarter of the previous year [6] Stock Performance - Over the past month, BILL Holdings shares have recorded a return of -8.8%, while the Zacks S&P 500 composite has changed by +1.1% [6] - BILL Holdings holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the upcoming period [6]

Industry Overview - Internet stocks are benefiting from the ongoing digitalization wave, which is driving rapid adoption of AI and cloud computing [1] - The deployment of standalone 5G networks and AI-powered services is increasing the usage of social media platforms, digital advertising, online delivery models, streaming, and e-commerce growth [2] - Despite macroeconomic challenges, these factors are expected to positively impact Internet stocks during the earnings season [2] Company Earnings Insights - Four Internet stocks, Globant (GLOB), NICE (NICE), Affirm Holdings (AFRM), and Bill Holdings (BILL), are well-positioned to exceed earnings estimates this season [3] - Meta Platforms reported a 5% increase in ad conversions on Instagram and 3% on Facebook due to its new AI-powered recommendation model [5] - Microsoft’s AI assistants have reached 100 million monthly active users, and Alphabet is enhancing user experience through AI in its Search features [6] - Amazon's advertising business grew 23% year-over-year to $15.69 billion, attributed to successful AI-powered optimization [7] Company-Specific Projections - Globant expects revenues of at least $612 million for Q2 2025, reflecting a 4.2% year-over-year growth, with earnings estimated at $1.52 per share [12][13] - NICE anticipates non-GAAP revenues of $709-$719 million for Q2 2025, indicating 7% year-over-year growth, with earnings projected between $2.93 and $3.03 per share [15][16] - Affirm Holdings forecasts GMV between $9.4 billion and $9.7 billion for Q4 fiscal 2025, with revenues expected to be between $815 million and $845 million [17] - BILL Holdings expects revenues between $370.5 million and $380.5 million for Q4 fiscal 2025, suggesting year-over-year growth of 8-11% [19][20]

Core Insights - BILL Holdings (BILL) and Intuit (INTU) are significant players in the SMB-focused fintech market, providing digital tools for financial operations like accounting, billing, and payments [1] - The global fintech market is projected to grow from $340.10 billion in 2024 to $1,126.64 billion by 2032, with a CAGR of 16.2% from 2025 to 2032, presenting growth opportunities for both companies [2] Summary of BILL - BILL is enhancing its position in the fintech sector with an expanding portfolio, focusing on automating financial operations for small and mid-sized businesses [3] - In Q3 2025, BILL processed nearly $79 billion in payment volume across 30 million transactions, aiding over 488,600 businesses in automating their financial operations [4] - The company introduced new procurement and financial automation innovations in April 2025, adding 4,200 net new customers, bringing the total to 164,800 customers using BILL's services as of March 31, 2025 [5] - BILL has established partnerships with over 85 of the top 100 accounting firms and six of the top 10 largest financial institutions for SMBs in the U.S., including JPMorgan Chase and Bank of America [6] Summary of Intuit - Intuit continues to expand its offerings in AP/AR automation with products like QuickBooks and TurboTax, leveraging its brand strength and investments in AI [7] - The launch of QuickBooks Bill Pay enhances the platform's capabilities, providing built-in bill payment and cash flow tools, which increases user engagement [8] - QuickBooks Online Accounting revenues increased by 21% year over year to $1.04 billion, driven by customer growth and effective pricing strategies [9] - Intuit's earnings for 2025 are projected to grow by 18.42%, while BILL's earnings are expected to decline by 1.89% [10] Market Performance - BILL's shares have decreased by 45.4% year-to-date, while Intuit's shares have increased by 22.3%, attributed to macroeconomic challenges affecting SMB spending [12] - BILL and INTU shares are currently considered overvalued, with BILL trading at a forward Price/Sales ratio of 2.86X and Intuit at 10.24X [15] Earnings Estimates - The Zacks Consensus Estimate for BILL's 2025 earnings is $2.08 per share, indicating a 1.89% decline year over year [17] - The Zacks Consensus Estimate for Intuit's 2025 earnings is $20.06 per share, reflecting an 18.42% increase year over year [17] Conclusion - Both BILL and Intuit are positioned to benefit from the growing fintech sector, but Intuit's broader ecosystem and consistent earnings growth make it a more attractive long-term investment option [20]

Core Insights - BILL Holdings (BILL) is experiencing growth due to the increasing adoption of its platform, with a strategic focus on embedding AI across its integrated financial operations suite [1][4] Company Performance - Over 488,600 businesses utilize BILL's integrated financial operations platform for accounts payable (AP), accounts receivable (AR), and spend management, enhancing efficiency through AI-driven tools [2] - In Q3 FY25, BILL's Integrated Platform generated $301.7 million in revenues, reflecting a 14.5% year-over-year increase and contributing over 94% of core revenues [3][10] - The company added 4,200 net new AP/AR customers and experienced a 22% rise in card payment volume, indicating strong platform adoption [3][10] - BILL processed $79.4 billion in total payment volume (TPV) in the latest quarter, signaling a strategic shift towards serving larger enterprises [4][10] Industry Trends - According to BILL's 2025 State of Financial Automation Report, 73% of financial SMB leaders are using AI in their operations, with 83% expecting its influence to grow in the next two years [5] Competitive Landscape - BILL faces competition from Global Payments (GPN), which benefits from global scale and digital payment demand, and PayPal (PYPL), which leads in the digital payments space with strong brand recognition and innovative solutions [6][7] Valuation Metrics - BILL's shares have declined 46.4% year to date, underperforming the broader Zacks Computer and Technology sector, which returned 7.5% [8] - The forward 12-month Price/Sales ratio for BILL is 2.88X, significantly lower than the industry's 5.75X, indicating potential undervaluation [11] - The Zacks Consensus Estimate for fiscal 2026 earnings is $2.20 per share, reflecting a 6.34% year-over-year growth [14]

Core Insights - BILL Holdings (BILL) shares have declined 43.7% year-to-date, underperforming the broader Zacks Computer & Technology sector and the Zacks Internet - Software industry, which have returned 7% and 16.1% respectively [2][9] - The decline is attributed to a challenging macroeconomic environment, persistent inflation, and high interest rates affecting small and medium businesses (SMBs) spending on digital initiatives [2][9] Company Performance - BILL is experiencing growth in its SMB clientele, with partnerships with companies like Regions Financial and Adyen enhancing its digital payment solutions [5][6][7] - In Q3, BILL processed nearly $79 billion in payments across 30 million transactions, adding 4,200 new customers, driven by AI and automation features [10][12] - The company launched new solutions like Supplier Payments Plus and financial automation innovations to streamline SMB payments and improve cash flow management [11] Financial Guidance - For Q4 fiscal 2025, BILL expects revenues between $370.5 million and $380.5 million, indicating year-over-year growth of 8-11% [13] - For the full fiscal 2025, revenues are projected between $1.45 billion and $1.46 billion, suggesting a year-over-year growth of 12-13% [14] Earnings Estimates - The Zacks Consensus Estimate for Q4 fiscal 2025 earnings is 40 cents per share, reflecting a year-over-year decline of 29.82% [15] - The consensus for fiscal 2025 revenues is pegged at $1.46 billion, indicating a year-over-year growth of 13.02% [16] Competitive Landscape - Despite its expanding portfolio, BILL faces stiff competition from accounting software providers like SAP and Intuit, which have launched services that directly challenge BILL's market position [17][18]

Core Insights - BILL Holdings (BILL) is experiencing growth with a 17% year-over-year increase in transaction fee revenues, reaching $252.1 million in Q3 of fiscal 2025, driven by an 11% rise in Total Payment Volume (TPV) to $79.4 billion [1][10]. Group 1: Financial Performance - The growth in transaction fee revenues is attributed to a significant increase in TPV, which reflects rising payment volume and transaction-based income [1][10]. - The integrated financial operations platform of BILL served over 488,600 businesses by the end of Q3, processing 30 million transactions, a 16% increase year-over-year [2]. - Despite the overall growth, customer spending was slightly below expectations, leading to a minor sequential decline in TPV and transactions per customer, although a favorable payment mix helped support monetization [3]. Group 2: Competitive Landscape - BILL operates in a competitive fintech environment, facing challenges from larger players like Global Payments (GPN) and Intuit (INTU), which have more diversified offerings and deeper market reach [5][7]. - GPN processes over 50 billion transactions annually and has a strong global presence, while Intuit leverages its established small business ecosystem and ongoing investments in AI [6][7]. Group 3: Future Outlook - The long-term outlook for BILL remains positive, supported by investments in AI, ERP integrations, and payment innovations that enhance user engagement and promote sustainable growth [4]. - BILL's shares have underperformed, dropping 44% year-to-date compared to a 7.9% return in the broader Zacks Computer and Technology sector [8][10]. - The Zacks Consensus Estimate for fiscal 2025 earnings is projected at $2.07 per share, indicating a 6.7% increase over the past 60 days, despite a year-over-year decline of 2.36% [12].

Core Insights - BILL Holdings is strategically expanding its platform to cater to larger and more complex organizations while maintaining its focus on small and midsize businesses (SMBs) [1][8] - The launch of Supplier Payments Plus aims to simplify and accelerate payment processes for large suppliers, enhancing operational efficiency and the payment experience for SMB buyers [2][8] - In Q3 fiscal 2025, BILL reported revenues of $301.7 million from its Integrated Platform, reflecting a 14.5% year-over-year increase, driven by continued adoption among its core SMB base [3][8] Company Developments - BILL is investing in innovation by enhancing its payment portfolio, expanding distribution channels, and accelerating its AI strategy, which supports sustained growth in the SMB sector [4] - The company faces competitive pressure from Intuit's QuickBooks Bill Pay and Expensify's expense management tools, which could impact its market position [5][6][8] Financial Performance - BILL's share price has decreased by 45.4% year to date, underperforming the broader Zacks Computer and Technology sector, which has returned 6.1% [7] - The forward 12-month Price/Sales ratio for BILL is 3.27X, compared to the industry average of 5.89X, indicating a lower valuation [9] - The consensus estimate for fiscal 2025 earnings is $2.05 per share, reflecting a 5.7% increase over the past 60 days but a year-over-year decline of 3.3% [10]

Group 1 - BILL Holdings (BILL) closed at $45.28, with a 0.2% gain over the past four weeks, and a mean price target of $66.75 indicating a 47.4% upside potential [1] - The mean estimate consists of 24 short-term price targets with a standard deviation of $20.19, where the lowest estimate is $40.00 (11.7% decline) and the highest is $120.00 (165% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price movements [11][12] Group 2 - The Zacks Consensus Estimate for the current year has increased by 0.5% due to one upward revision and no negative revisions in the last 30 days [12] - BILL currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does suggest a positive direction for price movement [14]

Core Insights - The article highlights the significant growth potential in the cloud computing sector, driven by increasing global demand for cloud services and the integration of AI technologies across various applications [4][10]. Group 1: Company Profiles - **BILL Holdings Inc.**: Focuses on AI-enabled financial software for small and medium businesses, benefiting from an expanding clientele and strong adoption of its platform. Expected revenue and earnings growth rates are 13.5% and 7.8% respectively for the next year [7][9]. - **Five9 Inc.**: Provides intelligent cloud software for contact centers, leveraging AI tools to enhance customer interactions. Expected revenue and earnings growth rates are 9.6% and 11.7% respectively for the current year [11][14]. - **Fastly Inc.**: Offers infrastructure software and edge cloud solutions, recently launching Fastly AI Accelerator to optimize AI applications. Expected revenue and earnings growth rates are 8.6% and 25% respectively for 2025 [15][17]. - **Qualys Inc.**: Focuses on cloud-based cybersecurity solutions, benefiting from increasing demand amid cyber threats. Expected revenue and earnings growth rates are 7.3% and 0.7% respectively for the current year [18][21]. - **Commvault Systems Inc.**: Provides a cyber resilience platform for data protection and recovery, with expected revenue and earnings growth rates of 14% and 13.2% respectively for the current year [22][25]. Group 2: Market Trends and Drivers - The cloud computing industry is experiencing a paradigm shift from traditional infrastructure to cloud-based solutions, enhancing operational efficiency and scalability for organizations [2][3]. - Key drivers for growth in the selected companies include AI integration, cybersecurity demand, and the development of cloud-native platforms [10].