Down 56.3% in 2022, Is Bill.com Stock a Buy for 2023?

By Parkev Tatevosian, CFA – Jan 27, 2023 at 10:15AM

NYSE: BILL

Bill Holdings

Market Cap

$6B

Today's Change

(-1.48%) -$0.91

Current Price

$60.50

Price as of April 25, 2024, 4:00 p.m. ET

The company is growing the top line nicely, but profits remain elusive.

Growth stock investors might be attracted because of the sales prospects, but Bill.com (BILL -1.48%) must eventually demonstrate profitability.

Stock prices used were the afternoon prices of Jan. 24, 2023. The video was published on Jan. 26, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bill.com. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.