Paylocity Holding
(NASDAQ:PCTY)
$157.22
-0.28[-0.18%]
At close: Apr 19
$157.22
0[0.00%]
After Hours: 4:00PM EDT
Q3 2024 Earnings in 12 days from now on Thu May 2nd, after the market close
Consensus Rating1
Outperform
Highest Price Target1
$320.00
Lowest Price Target1
$155.00
Consensus Price Target1
$228.00

Paylocity Holding Stock (NASDAQ:PCTY), Analyst Ratings, Price Targets, Predictions

Paylocity Holding Corp has a consensus price target of $228, established from looking at the 85 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, Keybanc, and Mizuho on February 9, 2024. With an average price target of $180.33 between Truist Securities, Keybanc, and Mizuho, there's an implied 14.70% upside for Paylocity Holding Corp from these 3 analyst ratings.

Analyst Trend
1
Oct 23
3
2
Nov 23
1
Dec 23
1
Jan
5
1
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Keybanc
Mizuho
Needham
Piper Sandler

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Paylocity Holding

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
02/09/2024PCTYBuy Now
Paylocity Holding
$157.2227.21%Truist Securities
Terry Tillman
$250 → $200MaintainsBuyGet Alert
02/09/2024PCTYBuy Now
Paylocity Holding
$157.2218.31%Keybanc
Jason Celino
$197 → $186MaintainsOverweightGet Alert
02/09/2024PCTYBuy Now
Paylocity Holding
$157.22-1.41%Mizuho
Siti Panigrahi
$170 → $155MaintainsNeutralGet Alert
02/09/2024PCTYBuy Now
Paylocity Holding
$157.2227.21%Needham
Scott Berg
→ $200ReiteratesBuy → BuyGet Alert
02/09/2024PCTYBuy Now
Paylocity Holding
$157.2233.57%Piper Sandler
Arvind Ramnani
$207 → $210MaintainsOverweightGet Alert
02/06/2024PCTYBuy Now
Paylocity Holding
$157.2227.21%BTIG
Matt VanVliet
→ $200Initiates → BuyGet Alert
01/31/2024PCTYBuy Now
Paylocity Holding
$157.2215.76%Citigroup
Steven Enders
$180 → $182MaintainsNeutralGet Alert
01/22/2024PCTYBuy Now
Paylocity Holding
$157.2259.01%JMP Securities
Patrick Walravens
→ $250ReiteratesMarket Outperform → Market OutperformGet Alert
01/05/2024PCTYBuy Now
Paylocity Holding
$157.2214.49%Jefferies
Samad Samana
$240 → $180DowngradeBuy → HoldGet Alert
12/11/2023PCTYBuy Now
Paylocity Holding
$157.2217.67%TD Cowen
Bryan Bergin
$195 → $185MaintainsOutperformGet Alert
11/07/2023PCTYBuy Now
Paylocity Holding
$157.221.77%UBS
Kevin Mcveigh
→ $160Initiates → NeutralGet Alert
11/03/2023PCTYBuy Now
Paylocity Holding
$157.228.13%Mizuho
Siti Panigrahi
$225 → $170MaintainsNeutralGet Alert
11/03/2023PCTYBuy Now
Paylocity Holding
$157.2259.01%JMP Securities
Patrick Walravens
$320 → $250MaintainsMarket OutperformGet Alert
11/03/2023PCTYBuy Now
Paylocity Holding
$157.2227.21%Needham
Scott Berg
$325 → $200MaintainsBuyGet Alert
11/03/2023PCTYBuy Now
Paylocity Holding
$157.2225.3%Keybanc
Jason Celino
$255 → $197MaintainsOverweightGet Alert
11/03/2023PCTYBuy Now
Paylocity Holding
$157.2231.66%Piper Sandler
Arvind Ramnani
$249 → $207MaintainsOverweightGet Alert
10/24/2023PCTYBuy Now
Paylocity Holding
$157.2248.84%Citigroup
Steven Enders
$236 → $234MaintainsNeutralGet Alert
10/12/2023PCTYBuy Now
Paylocity Holding
$157.2241.84%Barclays
Raimo Lenschow
$213 → $223MaintainsEqual-WeightGet Alert
10/12/2023PCTYBuy Now
Paylocity Holding
$157.2258.38%Piper Sandler
Arvind Ramnani
→ $249ReiteratesOverweight → OverweightGet Alert

FAQ

Q

What is the target price for Paylocity Holding (PCTY)?

A

The latest price target for Paylocity Holding (NASDAQ: PCTY) was reported by Truist Securities on February 9, 2024. The analyst firm set a price target for $200.00 expecting PCTY to rise to within 12 months (a possible 27.21% upside). 38 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Paylocity Holding (PCTY)?

A

The latest analyst rating for Paylocity Holding (NASDAQ: PCTY) was provided by Truist Securities, and Paylocity Holding maintained their buy rating.

Q

When was the last upgrade for Paylocity Holding (PCTY)?

A

The last upgrade for Paylocity Holding Corp happened on March 30, 2023 when DA Davidson raised their price target to $245. DA Davidson previously had a neutral for Paylocity Holding Corp.

Q

When was the last downgrade for Paylocity Holding (PCTY)?

A

The last downgrade for Paylocity Holding Corp happened on January 5, 2024 when Jefferies changed their price target from $240 to $180 for Paylocity Holding Corp.

Q

When is the next analyst rating going to be posted or updated for Paylocity Holding (PCTY)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paylocity Holding, 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 Paylocity Holding was filed on February 9, 2024 so you should expect the next rating to be made available sometime around February 9, 2025.

Q

Is the Analyst Rating Paylocity Holding (PCTY) correct?

A

While ratings are subjective and will change, the latest Paylocity Holding (PCTY) rating was a maintained with a price target of $250.00 to $200.00. The current price Paylocity Holding (PCTY) is trading at is $157.22, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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