Comments
Loading...

Paycom Software

PAYCNYSE
$158.10
00.00%
Pre-Market: Jul 19, 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings in 9 days from now on Wed Jul 31st, after the market close
Consensus Rating1
Neutral
Highest Price Target1
$450.00
Lowest Price Target1
$145.00
Consensus Price Target1
$269.74

Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

Click Here

Paycom Software (NYSE:PAYC) Stock, Analyst Ratings, Price Targets, Forecasts

Paycom Software Inc has a consensus price target of $269.74 based on the ratings of 28 analysts. The high is $450 issued by Needham on February 9, 2022. The low is $145 issued by Jefferies on June 24, 2024. The 3 most-recent analyst ratings were released by Barclays, Jefferies, and TD Cowen on July 16, 2024, June 24, 2024, and June 20, 2024, respectively. With an average price target of $151 between Barclays, Jefferies, and TD Cowen, there's an implied -4.49% downside for Paycom Software Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jan
3
Feb
5
May
1
Jun
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Jefferies
TD Cowen
Citigroup
Mizuho

1calculated from analyst ratings

Analyst Ratings for Paycom Software

Buy NowGet Alert
07/16/2024Buy Now1.83%Barclays
Raimo Lenschow
$184 → $161MaintainsEqual-WeightGet Alert
06/24/2024Buy Now-8.29%Jefferies
Samad Samana
$170 → $145MaintainsHoldGet Alert
06/20/2024Buy Now-7.02%TD Cowen
Jared Levine
$170 → $147MaintainsHoldGet Alert
06/18/2024Buy Now2.47%Citigroup
Steven Enders
$193 → $162MaintainsNeutralGet Alert
05/06/2024Buy Now7.53%Mizuho
Siti Panigrahi
$185 → $170MaintainsNeutralGet Alert
05/02/2024Buy Now22.07%Citigroup
Steven Enders
$196 → $193MaintainsNeutralGet Alert
05/02/2024Buy Now16.38%Barclays
Raimo Lenschow
$193 → $184MaintainsEqual-WeightGet Alert
05/02/2024Buy Now10.69%JP Morgan
Mark Murphy
$165 → $175MaintainsNeutralGet Alert
05/02/2024Buy Now20.18%BMO Capital
Daniel Jester
$200 → $190MaintainsMarket PerformGet Alert
05/02/2024Buy NowNeedham
Joshua Reilly
Reiterates → HoldGet Alert
02/08/2024Buy Now4.36%JP Morgan
Mark Murphy
$140 → $165MaintainsNeutralGet Alert
02/08/2024Buy Now20.18%Piper Sandler
Arvind Ramnani
$185 → $190MaintainsNeutralGet Alert
02/06/2024Buy NowBTIG
Matt VanVliet
Initiates → NeutralGet Alert
01/31/2024Buy Now25.24%Citigroup
Steven Enders
$205 → $198MaintainsNeutralGet Alert
01/10/2024Buy Now58.13%UBS
Kevin Mcveigh
$235 → $250MaintainsBuyGet Alert
01/05/2024Buy Now23.34%Jefferies
Samad Samana
→ $195DowngradeBuy → HoldGet Alert
12/01/2023Buy Now17.01%Piper Sandler
Arvind Ramnani
→ $185ReiteratesNeutral → NeutralGet Alert
11/07/2023Buy Now48.64%UBS
Kevin Mcveigh
→ $235Initiates → BuyGet Alert
11/02/2023Buy Now17.01%B of A Securities
Adam Bergere
$330 → $185DowngradeBuy → NeutralGet Alert
11/01/2023Buy Now17.01%Mizuho
Siti Panigrahi
$325 → $185MaintainsNeutralGet Alert
11/01/2023Buy Now26.5%Barclays
Raimo Lenschow
$294 → $200MaintainsEqual-WeightGet Alert
11/01/2023Buy Now20.18%BMO Capital
Daniel Jester
$320 → $190MaintainsMarket PerformGet Alert
11/01/2023Buy NowWilliam Blair
Matthew Pfau
DowngradeOutperform → Market PerformGet Alert
11/01/2023Buy Now19.54%Citigroup
Steven Enders
$360 → $189DowngradeBuy → NeutralGet Alert
11/01/2023Buy Now1.2%Stifel
Brad Reback
$400 → $160DowngradeBuy → HoldGet Alert
11/01/2023Buy Now27.77%TD Cowen
Bryan Bergin
$331 → $202DowngradeOutperform → Market PerformGet Alert
11/01/2023Buy NowNeedham
Joshua Reilly
DowngradeBuy → HoldGet Alert
11/01/2023Buy NowKeybanc
Jason Celino
DowngradeOverweight → Sector WeightGet Alert
11/01/2023Buy Now10.69%Deutsche Bank
Brad Zelnick
$400 → $175DowngradeBuy → HoldGet Alert
11/01/2023Buy NowOppenheimer
Brian Schwartz
DowngradeOutperform → PerformGet Alert
11/01/2023Buy Now17.01%Piper Sandler
Arvind Ramnani
$399 → $185DowngradeOverweight → NeutralGet Alert
10/24/2023Buy Now127.7%Citigroup
Steven Enders
$405 → $360MaintainsBuyGet Alert
10/12/2023Buy Now85.96%Barclays
Raimo Lenschow
$350 → $294MaintainsEqual-WeightGet Alert
10/12/2023Buy Now152.37%Piper Sandler
Arvind Ramnani
→ $399ReiteratesOverweight → OverweightGet Alert
08/29/2023Buy Now152.37%Piper Sandler
Arvind Ramnani
→ $399ReiteratesOverweight → OverweightGet Alert
08/02/2023Buy Now153%Stifel
Brad Reback
$380 → $400MaintainsBuyGet Alert
08/02/2023Buy Now170.08%Baird
Mark Marcon
$443 → $427MaintainsOutperformGet Alert
08/02/2023Buy Now125.17%BMO Capital
Daniel Jester
$340 → $356MaintainsMarket PerformGet Alert
08/02/2023Buy Now105.57%Mizuho
Siti Panigrahi
$350 → $325MaintainsNeutralGet Alert
08/02/2023Buy Now149.84%Credit Suisse
Kevin Mcveigh
$375 → $395MaintainsOutperformGet Alert
08/02/2023Buy Now153%Oppenheimer
Ray McDonough
→ $400ReiteratesOutperform → OutperformGet Alert
08/02/2023Buy Now184.63%Needham
Joshua Reilly
→ $450ReiteratesBuy → BuyGet Alert
08/02/2023Buy Now121.38%Barclays
Raimo Lenschow
$368 → $350MaintainsEqual-WeightGet Alert
08/02/2023Buy Now152.37%Piper Sandler
Arvind Ramnani
→ $399ReiteratesOverweight → OverweightGet Alert
07/24/2023Buy Now121.38%Mizuho
Siti Panigrahi
$300 → $350MaintainsNeutralGet Alert
07/21/2023Buy Now170.71%Citigroup
Steven Enders
$361 → $428MaintainsBuyGet Alert
07/19/2023Buy Now132.76%Barclays
Raimo Lenschow
$336 → $368MaintainsEqual-WeightGet Alert
06/28/2023Buy NowWilliam Blair
Matthew Pfau
Initiates → OutperformGet Alert
05/04/2023Buy Now128.34%Citigroup
Steven Enders
$357 → $361MaintainsBuyGet Alert
05/03/2023Buy Now134.03%Deutsche Bank
Bhavin Shah
$400 → $370MaintainsBuyGet Alert
05/03/2023Buy Now91.02%BMO Capital
Daniel Jester
$289 → $302MaintainsMarket PerformGet Alert
05/03/2023Buy Now137.19%Credit Suisse
Kevin Mcveigh
$430 → $375MaintainsOutperformGet Alert
05/03/2023Buy Now184.63%Needham
Joshua Reilly
→ $450Reiterates → BuyGet Alert
05/03/2023Buy Now152.37%Piper Sandler
Arvind Ramnani
$417 → $399MaintainsOverweightGet Alert
05/03/2023Buy Now156.17%Keybanc
Jason Celino
$432 → $405MaintainsOverweightGet Alert
04/28/2023Buy Now163.76%Piper Sandler
Arvind Ramnani
→ $417Reiterates → OverweightGet Alert
03/30/2023Buy Now121.38%DA Davidson
Robert Simmons
→ $350UpgradeNeutral → BuyGet Alert
03/28/2023Buy Now184.63%Needham
Joshua Reilly
→ $450Reiterates → BuyGet Alert
02/13/2023Buy Now163.76%Piper Sandler
Arvind Ramnani
→ $417Reiterates → OverweightGet Alert
02/08/2023Buy Now112.52%Barclays
Raimo Lenschow
$324 → $336MaintainsEqual-WeightGet Alert
02/08/2023Buy Now121.38%Mizuho
Siti Panigrahi
→ $350MaintainsNeutralGet Alert
02/08/2023Buy Now153%Oppenheimer
Ray McDonough
$360 → $400MaintainsOutperformGet Alert
02/08/2023Buy Now184.63%Needham
Joshua Reilly
→ $450Reiterates → BuyGet Alert
02/08/2023Buy Now163.76%Piper Sandler
Arvind Ramnani
$395 → $417MaintainsOverweightGet Alert
01/23/2023Buy Now153%Deutsche Bank
Bhavin Shah
$425 → $400MaintainsBuyGet Alert
01/10/2023Buy Now104.93%Barclays
Raimo Lenschow
$347 → $324MaintainsEqual-WeightGet Alert
01/09/2023Buy Now96.08%MoffettNathanson
Jackson Ader
→ $310Initiates → UnderperformGet Alert
11/02/2022Buy Now159.33%Wolfe Research
Alex Zukin
$400 → $410MaintainsOutperformGet Alert
11/02/2022Buy Now153%Citigroup
Steven Enders
$393 → $400MaintainsBuyGet Alert
11/02/2022Buy Now171.98%Credit Suisse
Kevin Mcveigh
$425 → $430MaintainsOutperformGet Alert
11/02/2022Buy Now149.84%Piper Sandler
Arvind Ramnani
$387 → $395MaintainsOverweightGet Alert
10/18/2022Buy Now116.95%Barclays
Raimo Lenschow
$339 → $343MaintainsEqual-WeightGet Alert
09/01/2022Buy Now189.06%Citigroup
Steven Enders
→ $457Initiates → BuyGet Alert
08/15/2022Buy Now173.24%Keybanc
Jason Celino
$390 → $432MaintainsOverweightGet Alert
08/04/2022Buy Now153%Wolfe Research
Alex Zukin
$375 → $400MaintainsOutperformGet Alert
08/03/2022Buy Now137.19%Credit Suisse
Kevin Mcveigh
$350 → $375MaintainsOutperformGet Alert
08/03/2022Buy Now137.19%Oppenheimer
Ray McDonough
$350 → $375MaintainsOutperformGet Alert
08/03/2022Buy Now144.78%Piper Sandler
Arvind Ramnani
$361 → $387MaintainsOverweightGet Alert
08/03/2022Buy Now146.68%Keybanc
Jason Celino
$340 → $390MaintainsOverweightGet Alert
07/25/2022Buy Now127.7%DA Davidson
Robert Simmons
→ $360DowngradeBuy → NeutralGet Alert
07/18/2022Buy Now94.81%Barclays
Raimo Lenschow
$334 → $308MaintainsEqual-WeightGet Alert
07/18/2022Buy Now128.34%Piper Sandler
Arvind Ramnani
$430 → $361MaintainsOverweightGet Alert
06/23/2022Buy Now115.05%Keybanc
Jason Celino
$400 → $340MaintainsOverweightGet Alert
05/23/2022Buy Now111.89%Jefferies
Samad Samana
$400 → $335MaintainsBuyGet Alert
05/04/2022Buy Now121.38%Credit Suisse
Kevin Mcveigh
$425 → $350MaintainsOutperformGet Alert
05/04/2022Buy Now121.38%Oppenheimer
Ray McDonough
$415 → $350MaintainsOutperformGet Alert
05/04/2022Buy Now171.98%Piper Sandler
Arvind Ramnani
$505 → $430MaintainsOverweightGet Alert
04/19/2022Buy Now107.46%Barclays
Raimo Lenschow
$380 → $328MaintainsEqual-WeightGet Alert
03/23/2022Buy Now168.82%Credit Suisse
Kevin Mcveigh
→ $425Initiates → OutperformGet Alert
02/09/2022Buy Now121.38%Mizuho
Siti Panigrahi
$325 → $350MaintainsNeutralGet Alert
02/09/2022Buy Now184.63%Needham
Ryan MacDonald
$640 → $450MaintainsBuyGet Alert
02/09/2022Buy Now219.42%Piper Sandler
Arvind Ramnani
$498 → $505MaintainsOverweightGet Alert
02/01/2022Buy Now111.89%BMO Capital
Daniel Jester
→ $335Initiates → Market PerformGet Alert
01/28/2022Buy Now105.57%Mizuho
Siti Panigrahi
$450 → $325MaintainsNeutralGet Alert
01/25/2022Buy Now153%Keybanc
Josh Beck
$575 → $400MaintainsOverweightGet Alert
01/21/2022Buy Now184.63%Deutsche Bank
Brad Zelnick
$655 → $450MaintainsBuyGet Alert
01/20/2022Buy Now140.35%Barclays
Carter Gould
$392 → $380MaintainsEqual-WeightGet Alert
01/13/2022Buy Now214.99%Piper Sandler
Arvind Ramnani
$622 → $498MaintainsOverweightGet Alert
11/04/2021Buy Now263.69%Keybanc
Josh Beck
MaintainsOverweightGet Alert
11/03/2021Buy Now276.34%Oppenheimer
Ray McDonough
MaintainsOutperformGet Alert

FAQ

Q

What is the target price for Paycom Software (PAYC) stock?

A

The latest price target for Paycom Software (NYSE:PAYC) was reported by Barclays on July 16, 2024. The analyst firm set a price target for $161.00 expecting PAYC to rise to within 12 months (a possible 1.83% upside). 45 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Paycom Software (PAYC)?

A

The latest analyst rating for Paycom Software (NYSE:PAYC) was provided by Barclays, and Paycom Software maintained their equal-weight rating.

Q

When was the last upgrade for Paycom Software (PAYC)?

A

The last upgrade for Paycom Software Inc happened on March 30, 2023 when DA Davidson raised their price target to $350. DA Davidson previously had a neutral for Paycom Software Inc.

Q

When was the last downgrade for Paycom Software (PAYC)?

A

The last downgrade for Paycom Software Inc happened on January 5, 2024 when Jefferies changed their price target from N/A to $195 for Paycom Software Inc.

Q

When is the next analyst rating going to be posted or updated for Paycom Software (PAYC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paycom Software, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Paycom Software was filed on July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.

Q

Is the Analyst Rating Paycom Software (PAYC) correct?

A

While ratings are subjective and will change, the latest Paycom Software (PAYC) rating was a maintained with a price target of $184.00 to $161.00. The current price Paycom Software (PAYC) is trading at is $158.10, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch