Paycom Software Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Paycom Software stock have an average target of 193.67, with a low estimate of 175 and a high estimate of 250. The average target predicts a decrease of -15.91% from the current stock price of 230.32.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$175	$193.67	$190	$250
Change	-24.02%	-15.91%	-17.51%	+8.54%

Analyst Ratings

The average analyst rating for PAYC stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	0	0	0
Hold	17	17	17	17	17	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	20	18	18	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Siti Panigrahi Mizuho	Mizuho	Hold Maintains $170 → $190	Hold	Maintains	$170 → $190	-17.51%	Nov 4, 2024
Steven Enders Citigroup	Citigroup	Hold Maintains $172 → $196	Hold	Maintains	$172 → $196	-14.90%	Oct 31, 2024
Raimo Lenschow Barclays	Barclays	Hold Maintains $172 → $181	Hold	Maintains	$172 → $181	-21.41%	Oct 31, 2024
Samad Samana Jefferies	Jefferies	Hold Maintains $170 → $175	Hold	Maintains	$170 → $175	-24.02%	Oct 31, 2024
Daniel Jester BMO Capital	BMO Capital	Hold Maintains $183 → $197	Hold	Maintains	$183 → $197	-14.47%	Oct 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.91B

from 1.69B

12.65%

from 1.69B

Revenue Next Year

2.11B

from 1.91B

10.53%

from 1.91B

EPS This Year

8.06

from 5.88

37.12%

from 5.88

EPS Next Year

8.89

from 8.06

10.30%

from 8.06

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	737.67M	841.43M	1.06B	1.38B	1.69B	1.91B	2.11B	2.33B
Revenue Growth	30.25%	14.07%	25.44%	30.29%	23.16%	12.65%	10.53%	10.57%
EPS	3.09	2.46	3.37	4.84	5.88	8.06	8.89	9.90
EPS Growth	32.26%	-20.41%	36.99%	43.62%	21.49%	37.12%	10.30%	11.33%
Forward PE	-	-	-	-	-	28.57	25.90	23.26
No. Analysts	-	-	-	-	-	23	23	14

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

Revenue Forecast

Revenue	2024	2025	2026
High	2.0B	2.2B	2.5B
Avg	1.9B	2.1B	2.3B
Low	1.8B	2.0B	2.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	16.1%	15.8%	17.1%
Avg	12.7%	10.5%	10.6%
Low	8.2%	4.2%	2.7%

EPS Forecast

EPS	2024	2025	2026
High	9.32	9.80	11.08
Avg	8.06	8.89	9.90
Low	7.61	8.02	8.67

EPS Growth

EPS Growth	2024	2025	2026
High	58.6%	21.5%	24.6%
Avg	37.1%	10.3%	11.3%
Low	29.5%	-0.6%	-2.5%

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.