Paylocity Holding Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Paylocity Holding stock have an average target of 187.56, with a low estimate of 145 and a high estimate of 250. The average target predicts an increase of 41.84% from the current stock price of 132.23.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$145	$187.56	$194	$250
Change	+9.66%	+41.84%	+46.71%	+89.06%

Analyst Ratings

The average analyst rating for PCTY stock from 16 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 '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	4	4	4	4	5	5
Buy	5	5	5	5	6	6
Hold	5	5	5	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	14	14	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Samad Samana Jefferies	Jefferies	Hold Maintains $180 → $145	Hold	Maintains	$180 → $145	+9.66%	Jun 24, 2024
Jared Levine TD Cowen	TD Cowen	Strong Buy Maintains $180 → $153	Strong Buy	Maintains	$180 → $153	+15.71%	Jun 20, 2024
Steven Enders Citigroup	Citigroup	Hold Maintains $178 → $155	Hold	Maintains	$178 → $155	+17.22%	Jun 18, 2024
Mark Marcon Baird	Baird	Buy Maintains $225 → $195	Buy	Maintains	$225 → $195	+47.47%	Jun 18, 2024
Brad Reback Stifel	Stifel	Strong Buy Maintains $205 → $185	Strong Buy	Maintains	$205 → $185	+39.91%	Jun 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.42B

from 1.17B

21.15%

from 1.17B

Revenue Next Year

1.60B

from 1.42B

12.30%

from 1.42B

EPS This Year

6.49

from 2.49

160.49%

from 2.49

EPS Next Year

6.90

from 6.49

6.41%

from 6.49

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	467.63M	561.33M	635.63M	852.65M	1.17B	1.42B	1.60B	1.82B	2.07B	2.39B	2.71B
Revenue Growth	23.87%	20.04%	13.24%	34.14%	37.76%	21.15%	12.30%	13.95%	13.51%	15.82%	13.28%
EPS	0.97	1.15	1.26	1.61	2.49	6.49	6.90	7.89	9.58	-	-
EPS Growth	38.57%	18.56%	9.57%	27.78%	54.66%	160.49%	6.41%	14.33%	21.38%	-	-
Forward PE	-	-	-	-	-	20.39	19.16	16.76	13.81	-	-
No. Analysts	-	-	-	-	-	23	23	15	3	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	1.5B	1.7B	1.9B	2.2B	2.5B	2.8B
Avg	1.4B	1.6B	1.8B	2.1B	2.4B	2.7B
Low	1.4B	1.5B	1.7B	2.0B	2.3B	2.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	24.9%	18.3%	21.9%	18.8%	19.2%	16.6%
Avg	21.1%	12.3%	14.0%	13.5%	15.8%	13.3%
Low	16.3%	4.1%	3.7%	7.2%	11.3%	8.9%

EPS Forecast

EPS	2024	2025	2026	2027
High	6.80	7.85	8.72	9.86
Avg	6.49	6.90	7.89	9.58
Low	5.93	6.07	6.86	9.20

EPS Growth

EPS Growth	2024	2025	2026	2027
High	173.3%	21.1%	26.3%	24.9%
Avg	160.5%	6.4%	14.3%	21.4%
Low	138.1%	-6.4%	-0.6%	16.6%

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.