New York, Feb 8, 2026, 08:55 EST — The market is shut.
- BILL wrapped up Friday at $48.94, surging about 37% over the course of the session.
- Bloomberg reported that Hellman & Friedman has entered talks over a possible buyout.
- Investors now look for confirmation as U.S. data is slated to come out this week.
BILL Holdings Inc (BILL.N) shot up 37% on Friday, closing out at $48.94, after Bloomberg reported that Hellman & Friedman has its sights set on taking over the payments software company. The stock climbed as high as $52.32 during the day before pulling back, leaving BILL with a market cap approaching $5.5 billion at the bell.
Takeover chatter is swirling again around BILL, as shareholders keep the heat on and the stock trails other growth plays. Last November, reported the San Jose-based firm had brought in advisers to weigh a potential sale, following pressure from activists including Starboard Value and Elliott Investment Management. More recent challengers—Ramp, Brex, Tipalti—aren’t making life any easier for BILL.
Shares took off after BILL posted strong Q2 results and raised its guidance. On Feb. 5, total revenue climbed 14% to $414.7 million. The company now sees fiscal 2026 revenue landing between $1.631 billion and $1.651 billion. CEO René Lacerte called it “a significant beat on revenue and profitability.” CFO Rohini Jain pointed out the business “accelerated core revenue growth.” BILL
BILL’s “core revenue”—that’s from subscriptions and transaction fees—rose 17% to $375.1 million for the quarter. “Float revenue,” which comes from interest earned on customer funds, was $39.5 million. As the quarter wrapped, the company reported 498,500 businesses using its platform, with payment volume totaling $95 billion. BILL spent about $133 million buying back nearly 2.5 million shares over the period. investor.bill.com
This week saw investors facing two jolts: better-than-expected operating numbers and renewed chatter about a possible buyout. Per Investing.com, with Bloomberg as its source, Hellman & Friedman has spent recent weeks in official discussions with BILL and its advisers about a potential sale.
Even so, plenty stands in the way right now. Buyout negotiations fall apart often, and BILL remains silent for now. If deal headlines don’t show up, Friday’s surge could evaporate in a snap—this stock’s swung sharply on headlines in the past.
U.S. markets sit out the weekend. The real test arrives Monday: does the stock keep its gap, or will a new statement or filing shake up the story?
Beyond company news, traders are eyeing macro data this week, as new releases could jolt expectations on rates—a key factor for high-growth software names and for BILL’s float income, which hinges on interest rates. TradingEconomics flagged the postponed U.S. jobs and CPI reports as headline events to monitor.
