Paycom Software
(NYSE:PAYC)
$199.01
1.79[0.91%]
At close: Mar 28
$199.01
0[0.00%]
After Hours: 4:20PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$450.00
Lowest Price Target1
$160.00
Consensus Price Target1
$240.61

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

Paycom Software Inc has a consensus price target of $240.61, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Piper Sandler, and BTIG on February 8, 2024, February 8, 2024, and February 6, 2024. With an average price target of $118.33 between JP Morgan, Piper Sandler, and BTIG, there's an implied -40.54% downside for Paycom Software Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
2
1
Nov 23
1
8
Dec 23
1
Jan
1
1
Feb
3
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Piper Sandler
BTIG
Citigroup
UBS

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Paycom Software

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
02/08/2024PAYCBuy Now
Paycom Software
$199.01-17.09%JP Morgan
Mark Murphy
$140 → $165MaintainsNeutralGet Alert
02/08/2024PAYCBuy Now
Paycom Software
$199.01-4.53%Piper Sandler
Arvind Ramnani
$185 → $190MaintainsNeutralGet Alert
02/06/2024PAYCBuy Now
Paycom Software
$199.01BTIG
Matt VanVliet
Initiates → NeutralGet Alert
01/31/2024PAYCBuy Now
Paycom Software
$199.01-0.51%Citigroup
Steven Enders
$205 → $198MaintainsNeutralGet Alert
01/10/2024PAYCBuy Now
Paycom Software
$199.0125.62%UBS
Kevin Mcveigh
$235 → $250MaintainsBuyGet Alert
01/05/2024PAYCBuy Now
Paycom Software
$199.01-2.01%Jefferies
Samad Samana
→ $195DowngradeBuy → HoldGet Alert
12/01/2023PAYCBuy Now
Paycom Software
$199.01-7.04%Piper Sandler
Arvind Ramnani
→ $185ReiteratesNeutral → NeutralGet Alert
11/07/2023PAYCBuy Now
Paycom Software
$199.0118.08%UBS
Kevin Mcveigh
→ $235Initiates → BuyGet Alert
11/02/2023PAYCBuy Now
Paycom Software
$199.01-7.04%B of A Securities
Adam Bergere
$330 → $185DowngradeBuy → NeutralGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.01-7.04%Mizuho
Siti Panigrahi
$325 → $185MaintainsNeutralGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.010.5%Barclays
Raimo Lenschow
$294 → $200MaintainsEqual-WeightGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.01-4.53%BMO Capital
Daniel Jester
$320 → $190MaintainsMarket PerformGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.01William Blair
Matthew Pfau
DowngradeOutperform → Market PerformGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.01-5.03%Citigroup
Steven Enders
$360 → $189DowngradeBuy → NeutralGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.01-19.6%Stifel
Brad Reback
$400 → $160DowngradeBuy → HoldGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.011.5%TD Cowen
Bryan Bergin
$331 → $202DowngradeOutperform → Market PerformGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.01Needham
Joshua Reilly
DowngradeBuy → HoldGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.01Keybanc
Jason Celino
DowngradeOverweight → Sector WeightGet Alert
11/01/2023PAYCBuy Now
Paycom Software
$199.01-12.06%Deutsche Bank
Brad Zelnick
$400 → $175DowngradeBuy → HoldGet Alert

FAQ

Q

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

A

The latest price target for Paycom Software (NYSE: PAYC) was reported by JP Morgan on February 8, 2024. The analyst firm set a price target for $165.00 expecting PAYC to fall to within 12 months (a possible -17.09% downside). 47 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 JP Morgan, and Paycom Software maintained their neutral 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 February 8, 2024 so you should expect the next rating to be made available sometime around February 8, 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 $140.00 to $165.00. The current price Paycom Software (PAYC) is trading at is $199.01, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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