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Added to YB: 2024-07-24

Pitch date: 2024-07-12

BILL [bullish]

BILL Holdings, Inc.

+6.11%

current return

Author Info

No bio for this author

Company Info

BILL Holdings, Inc. provides financial operations platform for small and midsize businesses worldwide.

Market Cap

$5.0B

Pitch Price

$51.41

Price Target

N/A

Dividend

N/A

EV/EBITDA

1.5K

P/E

-264.94

EV/Sales

3.04

Sector

Software

Category

growth

Show full summary:
Parnassus Mid Cap Growth Fund New Position: BILL Holdings, Inc.

BILL: Payments provider added to portfolio. Mission-critical software with network effects, high switching costs, innovation culture. Undervalued due to economic/AI spending concerns. Strong long-term performance expected despite near-term headwinds in software sector.

Read full article (1 min)