On May 8, 2025, Keybanc analyst Jason Celino made a significant update regarding Paycom Software (PAYC, Financial), maintaining an "Overweight" rating while raising the price target. The new price target set by Keybanc stands at $270.00, up from the previous target of $245.00, indicating a 10.20% increase.
This decision to adjust the price target reflects ongoing confidence in Paycom Software (PAYC, Financial) by analyst Jason Celino, suggesting potential growth and value in the company's stock. The company's stock continues to be rated as "Overweight," consistent with previous assessments.
Investors and market watchers will be observing how Paycom Software (PAYC, Financial) performs in alignment with the updated price target, in anticipation of how the market reacts to this strategic raise by Keybanc.
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 4.67% from the current price of $250.04. 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 65.46% from the current price of $250.04. 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.
