Dayforce Inc. (DAY)
NYSE: DAY · Real-Time Price · USD
69.90
+0.31 (0.45%)
Jan 22, 2025, 4:00 PM EST - Market closed

Dayforce Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Dayforce stock have an average target of 81.6, with a low estimate of 62 and a high estimate of 95. The average target predicts an increase of 16.74% from the current stock price of 69.90.

Analyst Consensus: Buy
Target Low Average Median High
Price $62 $81.6 $83 $95
Change -11.30% +16.74% +18.74% +35.91%

Analyst Ratings

The average analyst rating for Dayforce stock from 10 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 443332
Buy 233333
Hold 113445
Sell 000000
Strong Sell 000000
Total 789101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$90$83
Strong Buy Maintains $90$83 +18.74% Jan 16, 2025
Barclays
Barclays
Hold
Maintains
$84$80
Hold Maintains $84$80 +14.45% Jan 10, 2025
Deutsche Bank
Deutsche Bank
Hold
Downgrades
$85$80
Hold Downgrades $85$80 +14.45% Jan 8, 2025
Barclays
Barclays
Hold
Maintains
$80$84
Hold Maintains $80$84 +20.17% Dec 6, 2024
Scotiabank
Scotiabank
Hold
Initiates
$75
Hold Initiates $75 +7.30% Nov 18, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.77B
from 1.51B
Increased by 16.80%
Revenue Next Year
1.98B
from 1.77B
Increased by 12.05%
EPS This Year
1.85
from 0.35
Increased by 428.84%
EPS Next Year
2.25
from 1.85
Increased by 21.34%
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
824.10M842.50M1.02B1.25B1.51B1.77B1.98B2.23B
Revenue Growth
11.26%2.23%21.57%21.68%21.47%16.80%12.05%12.77%
EPS
0.53-0.03-0.50-0.480.351.852.252.76
EPS Growth
-----428.84%21.34%22.77%
Forward PE
-----37.7631.1225.35
No. Analysts -----202014
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
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 202420252026202720282029
High
21.6%
17.6%
19.7%
Avg
16.8%
12.0%
12.8%
Low
13.2%
7.4%
7.3%

EPS Forecast

EPS 202420252026202720282029
High 2.16 2.54 3.19
Avg 1.85 2.25 2.76
Low 1.70 1.89 2.43

EPS Growth

EPS Growth 202420252026202720282029
High
518.0%
37.3%
42.1%
Avg
428.8%
21.3%
22.8%
Low
384.4%
2.2%
8.0%
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.