In a recent report dated May 2, 2025, Jefferies analyst Samad Samana has reiterated a "Buy" rating for Paylocity Holding (PCTY, Financial). The decision to maintain the rating reflects continued analyst confidence in the company's growth prospects, despite adjustments in price targets.
The report also indicates that Jefferies has lowered its price target for Paylocity Holding (PCTY, Financial) from the previous mark of USD 255.00 to a new target of USD 235.00. This adjustment marks a 7.84% decrease from the prior target.
Despite the revision in price targets, the consistent "Buy" rating suggests that Jefferies continues to see value in Paylocity Holding's (PCTY, Financial) stock and believes it remains a strong investment opportunity.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Paylocity Holding Corp (PCTY, Financial) is $225.64 with a high estimate of $270.00 and a low estimate of $190.00. The average target implies an upside of 17.75% from the current price of $191.62. More detailed estimate data can be found on the Paylocity Holding Corp (PCTY) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Paylocity Holding Corp's (PCTY, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Paylocity Holding Corp (PCTY, Financial) in one year is $282.27, suggesting a upside of 47.31% from the current price of $191.62. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Paylocity Holding Corp (PCTY) Summary page.
