Dayforce Inc (DAY)
NYSE: DAY · IEX Real-Time Price · USD
66.21
+0.16 (0.24%)
At close: Mar 28, 2024, 4:00 PM
70.74
+4.53 (6.84%)
After-hours: Mar 28, 2024, 5:24 PM EDT

Dayforce Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Dayforce stock have an average target of 77, with a low estimate of 74 and a high estimate of 82. The average target predicts an increase of 16.30% from the current stock price of 66.21.

Analyst Consensus: Buy
Target Low Average Median High
Price $74 $77 $75 $82
Change +11.77% +16.30% +13.28% +23.85%
* Price targets were last updated on Feb 12, 2024.

Analyst Ratings

The average analyst rating for Dayforce stock from 3 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 Feb '24Mar '24
Strong Buy 11
Buy 00
Hold 22
Sell 00
Strong Sell 00
Total 33

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Reiterates
$82
Strong Buy Reiterates $82 +23.85% Feb 12, 2024
Barclays
Barclays
Hold
Maintains
$75$74
Hold Maintains $75$74 +11.77% Feb 8, 2024
Needham
Needham
Strong Buy
Reiterates
$82
Strong Buy Reiterates $82 +23.85% Feb 8, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$73$75
Hold Maintains $73$75 +13.28% Feb 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.74B
from 1.51B
Increased by 15.21%
Revenue Next Year
1.99B
from 1.74B
Increased by 13.93%
EPS This Year
1.67
from 0.35
Increased by 376.78%
EPS Next Year
2.05
from 1.67
Increased by 22.82%
Year 2019202020212022202320242025202620272028
Revenue
824.10M842.50M1.02B1.25B1.51B1.74B1.99B2.31B2.78B3.19B
Revenue Growth
11.26%2.23%21.57%21.68%21.47%15.21%13.93%16.00%20.78%14.48%
EPS
0.53-0.03-0.50-0.480.351.672.052.574.515.46
EPS Growth
-----376.78%22.82%25.50%75.51%21.03%
No. Analysts -----1918822
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.8B 2.1B 2.5B 3.2B 3.7B
Avg 1.7B 2.0B 2.3B 2.8B 3.2B
Low 1.7B 1.9B 2.2B 2.5B 2.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
20.4%
22.3%
28.2%
37.2%
33.3%
Avg
15.2%
13.9%
16.0%
20.8%
14.5%
Low
11.5%
8.7%
8.3%
6.3%
-2.3%

EPS Forecast

EPS 20242025202620272028
High 1.93 2.52 3.03 4.69 5.68
Avg 1.67 2.05 2.57 4.51 5.46
Low 1.39 1.56 2.29 4.38 5.30

EPS Growth

EPS Growth 20242025202620272028
High
452.0%
51.0%
48.1%
82.5%
25.8%
Avg
376.8%
22.8%
25.5%
75.5%
21.0%
Low
297.6%
-6.6%
11.9%
70.3%
17.4%
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.