BILL Holdings (BILL) Tumbles 5.6% on Early Profit-Taking

We recently published 10 Stocks With Massive Losses; AI Firms Not Spared. BILL Holdings, Inc. (NYSE:BILL) is one of the worst performers on Friday.

BILL Holdings snapped a two-day winning streak on Friday, shedding 5.65 percent to close at $46.42 apiece as investors resorted to early profit-taking following the previous day’s 18-percent gain.

On Thursday, BILL Holdings, Inc. (NYSE:BILL) said it was targeting to grow its revenues by 9 to 11 percent for fiscal year 2026 to $1.589 billion to $1.629 billion, as well as its net income to $236 million to $260 million.

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For the first quarter alone, revenues were pegged at $385 million to $395 million, marking a year-on-year revenue growth of 7 to 10 percent. Net income was expected to hit $56.5 million to $60.5 million.

Also on Thursday, BILL Holdings, Inc. (NYSE:BILL) announced its earnings performance for the fourth quarter of the recent fiscal period, where it swung to a net loss of $7.07 million from a $7.6 million net income in the same period last year. Total revenues, however, were higher by 11.66 percent at $383 million versus $343.66 million year-on-year.

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