The mean of analysts' price targets for BILL Holdings (BILL) points to a 41.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
BILL Holdings (BILL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Bill.com is sacrificing some of its rapid growth to reach profitability, and its stock could be a great long-term investment as a result.