On May 8, 2025, Needham analyst Joshua Reilly reiterated his rating for Paycom Software (PAYC, Financial). The rating remains unchanged at "Hold".
The current analysis does not include any updates to the price targets for Paycom Software (PAYC, Financial). As such, no specific price targets, either current or prior, have been issued by the analyst at this time. This reiteration signifies that the analyst's perspective on the stock remains consistent with their previous assessment.
Paycom Software (PAYC, Financial), a leading enterprise software company, continues to be evaluated closely by market analysts, with this latest reaffirmation reflecting a cautious approach towards the stock.
For investors and other stakeholders, this hold rating suggests a wait-and-see strategy, as no significant changes in valuation or price expectations have been indicated in the current analysis.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Paycom Software Inc (PAYC, Financial) is $238.36 with a high estimate of $278.00 and a low estimate of $211.00. The average target implies an upside of 4.24% from the current price of $228.67. More detailed estimate data can be found on the Paycom Software Inc (PAYC) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Paycom Software Inc's (PAYC, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" 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 Paycom Software Inc (PAYC, Financial) in one year is $413.72, suggesting a upside of 80.92% from the current price of $228.67. 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 Paycom Software Inc (PAYC) Summary page.