Barclays has recently updated its rating for Paycom Software (PAYC, Financial), maintaining its 'Equal-Weight' stance. The notable change comes in the form of a raised price target. The new price target set by Barclays analyst Raimo Lenschow is now $240.00, up from the previous target of $221.00.
This adjustment represents an 8.60% increase in the price target for Paycom Software (PAYC, Financial), reflecting a positive outlook on the company's potential performance. The adjustments are made in USD currency, with the analysis taking place as of May 8, 2025.
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 4.89% from the current price of $250.61. 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 65.09% from the current price of $250.61. 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.
