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Dayforce Inc (DAY)
NYSE: DAY · IEX Real-Time Price · USD
53.34
+0.11 (0.21%)
At close: Jul 19, 2024, 4:00 PM
53.39
+0.05 (0.09%)
After-hours: Jul 20, 2024, 12:57 PM EDT

Dayforce Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Dayforce stock have an average target of 67.67, with a low estimate of 53 and a high estimate of 82. The average target predicts an increase of 26.87% from the current stock price of 53.34.

Analyst Consensus: Buy
Target Low Average Median High
Price $53 $67.67 $68 $82
Change -0.64% +26.87% +27.48% +53.73%

Analyst Ratings

The average analyst rating for Dayforce stock from 6 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 '24Apr '24May '24Jun '24Jul '24
Strong Buy 111133
Buy 000111
Hold 222222
Sell 000000
Strong Sell 000000
Total 333466

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Arvind Ramnani
Piper Sandler
 Piper Sandler
Hold
Maintains
$68
 Hold Maintains $68 +27.48% Jul 2, 2024
Jared Levine
TD Cowen
 TD Cowen
Strong Buy
Maintains
$63 → $53
 Strong Buy Maintains $63 → $53 -0.64% Jun 28, 2024
Steven Enders
Citigroup
 Citigroup
Strong Buy
Maintains
$72 → $66
 Strong Buy Maintains $72 → $66 +23.73% Jun 18, 2024
Daniel Jester
BMO Capital
 BMO Capital
Buy
Maintains
$75
 Buy Maintains $75 +40.61% Jun 11, 2024
Arvind Ramnani
Piper Sandler
 Piper Sandler
Hold
Maintains
$68
 Hold Maintains $68 +27.48% May 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.75B
from 1.51B
Increased by 15.74%
Revenue Next Year
1.99B
from 1.75B
Increased by 13.81%
EPS This Year
1.64
from 0.35
Increased by 369.32%
EPS Next Year
2.04
from 1.64
Increased by 23.93%
Year 2019202020212022202320242025202620272028
Revenue
824.10M842.50M1.02B1.25B1.51B1.75B1.99B2.30B2.87B3.37B
Revenue Growth
11.26%2.23%21.57%21.68%21.47%15.74%13.81%15.35%24.61%17.66%
EPS
0.53-0.03-0.50-0.480.351.642.042.494.265.18
EPS Growth
-----369.32%23.93%22.20%71.34%21.56%
Forward PE
-----32.4726.2021.4412.5110.29
No. Analysts -----1919822
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.8B 2.2B 2.5B 3.0B 3.5B
Avg 1.8B 2.0B 2.3B 2.9B 3.4B
Low 1.7B 1.9B 2.2B 2.8B 3.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
20.8%
23.0%
26.7%
29.6%
22.3%
Avg
15.7%
13.8%
15.3%
24.6%
17.7%
Low
12.0%
8.2%
7.9%
20.9%
14.2%

EPS Forecast

EPS 20242025202620272028
High 1.85 2.38 2.78 4.43 5.39
Avg 1.64 2.04 2.49 4.26 5.18
Low 1.40 1.56 2.29 4.14 5.03

EPS Growth

EPS Growth 20242025202620272028
High
429.5%
44.9%
36.7%
78.1%
26.4%
Avg
369.3%
23.9%
22.2%
71.3%
21.6%
Low
300.4%
-5.1%
12.6%
66.2%
18.0%
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.