Dayforce Inc. (DAY)

Dayforce Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Dayforce stock have an average target of 81.56, with a low estimate of 62 and a high estimate of 95. The average target predicts an increase of 2.22% from the current stock price of 79.79.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$62	$81.56	$81	$95
Change	-22.30%	+2.22%	+1.52%	+19.06%

Analyst Ratings

The average analyst rating for Dayforce stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	3	3	4	4	3	3
Buy	1	2	2	3	3	3
Hold	2	1	1	1	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	7	8	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Raimo Lenschow Barclays	Barclays	Hold Maintains $70 → $80	Hold	Maintains	$70 → $80	+0.26%	Nov 13, 2024
Jason Celino Keybanc	Keybanc	Buy Maintains $80 → $92	Buy	Maintains	$80 → $92	+15.30%	Nov 13, 2024
Arvind Ramnani Piper Sandler	Piper Sandler	Buy Reiterates $82 → $94	Buy	Reiterates	$82 → $94	+17.81%	Nov 13, 2024
Arvind Ramnani Mizuho	Mizuho	Buy Maintains $85 → $95	Buy	Maintains	$85 → $95	+19.06%	Nov 13, 2024
Daniel Jester BMO Capital	BMO Capital	Buy Maintains $80 → $90	Buy	Maintains	$80 → $90	+12.80%	Nov 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.77B

Increased by 16.80%

from 1.51B

Revenue Next Year

1.98B

Increased by 12.22%

from 1.77B

EPS This Year

1.85

Increased by 429.09%

from 0.35

EPS Next Year

2.24

Increased by 20.83%

from 1.85

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	824.10M	842.50M	1.02B	1.25B	1.51B	1.77B	1.98B	2.24B
Revenue Growth	11.26%	2.23%	21.57%	21.68%	21.47%	16.80%	12.22%	13.05%
EPS	0.53	-0.03	-0.50	-0.48	0.35	1.85	2.24	2.74
EPS Growth	-	-	-	-	-	429.09%	20.83%	22.64%
Forward PE	-	-	-	-	-	43.09	35.66	29.08
No. Analysts	-	-	-	-	-	19	19	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.8B	2.1B	2.4B
Avg	1.8B	2.0B	2.2B
Low	1.7B	1.9B	2.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	21.8%	17.7%	19.9%
Avg	16.8%	12.2%	13.1%
Low	13.2%	7.6%	7.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.16	2.54	3.19
Avg	1.85	2.24	2.74
Low	1.70	1.89	2.42

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	518.0%	37.2%	42.7%
Avg	429.1%	20.8%	22.6%
Low	384.4%	2.1%	8.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.