Paycom Software (PAYC, Financial) received a significant update on May 8, 2025, from Stifel analyst Brad Reback. The analyst maintained a "Hold" rating on the stock while raising the price target from $187.00 to $215.00. This adjustment marks a 14.97% increase in the price target.
The increase in the price target for PAYC reflects the analyst's revised outlook for the company's performance. Despite maintaining the "Hold" rating, the adjusted target suggests a positive sentiment towards Paycom Software's future market positioning.
Investors and stakeholders interested in Paycom Software (PAYC, Financial) should note this latest analyst action, which indicates potential growth opportunities within the company at the newly set target price.
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 downside of 1.68% from the current price of $242.43. 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 70.66% from the current price of $242.43. 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.
