Paylocity Holding Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Paylocity Holding stock have an average target of 195.87, with a low estimate of 153 and a high estimate of 250. The average target predicts a decrease of -6.04% from the current stock price of 208.47.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$153	$195.87	$195	$250
Change	-26.61%	-6.04%	-6.46%	+19.92%

Analyst Ratings

The average analyst rating for PCTY stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	5	5	5	6	6	6
Buy	6	5	5	6	6	6
Hold	5	5	5	4	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	15	15	16	16	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Siti Panigrahi Mizuho	Mizuho	Hold Maintains $175 → $180	Hold	Maintains	$175 → $180	-13.66%	Nov 4, 2024
Scott Berg Needham	Needham	Strong Buy Reiterates $220	Strong Buy	Reiterates	$220	+5.53%	Nov 4, 2024
Terry Tillman Truist Securities	Truist Securities	Strong Buy Maintains $195 → $210	Strong Buy	Maintains	$195 → $210	+0.73%	Nov 1, 2024
Jason Celino Keybanc	Keybanc	Buy Maintains $187 → $210	Buy	Maintains	$187 → $210	+0.73%	Oct 31, 2024
Raimo Lenschow Barclays	Barclays	Hold Maintains $174 → $180	Hold	Maintains	$174 → $180	-13.66%	Oct 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.58B

from 1.40B

12.37%

from 1.40B

Revenue Next Year

1.73B

from 1.58B

9.90%

from 1.58B

EPS This Year

6.76

from 3.63

86.12%

from 3.63

EPS Next Year

7.32

from 6.76

8.33%

from 6.76

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	561.33M	635.63M	852.65M	1.17B	1.40B	1.58B	1.73B	1.93B
Revenue Growth	20.04%	13.24%	34.14%	37.76%	19.40%	12.37%	9.90%	11.20%
EPS	1.15	1.26	1.61	2.49	3.63	6.76	7.32	8.44
EPS Growth	18.56%	9.57%	27.78%	54.66%	45.78%	86.12%	8.33%	15.35%
Forward PE	-	-	-	-	-	30.86	28.48	24.69
No. Analysts	-	-	-	-	-	22	21	12

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

Revenue Forecast

Revenue	2025	2026	2027
High	1.6B	1.8B	2.1B
Avg	1.6B	1.7B	1.9B
Low	1.5B	1.6B	1.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	16.0%	16.6%	21.5%
Avg	12.4%	9.9%	11.2%
Low	7.7%	3.9%	4.2%

EPS Forecast

EPS	2025	2026	2027
High	7.63	8.40	10.36
Avg	6.76	7.32	8.44
Low	6.17	6.04	6.83

EPS Growth

EPS Growth	2025	2026	2027
High	110.3%	24.3%	41.6%
Avg	86.1%	8.3%	15.3%
Low	70.1%	-10.6%	-6.7%

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.