Paycor HCM Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Paycor HCM stock have an average target of 23.56, with a low estimate of 11 and a high estimate of 42. The average target predicts an increase of 83.49% from the current stock price of 12.84.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$11	$23.56	$22	$42
Change	-14.33%	+83.49%	+71.34%	+227.10%

Analyst Ratings

The average analyst rating for Paycor HCM 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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	2	3	3	3	4	4
Buy	3	3	3	3	3	3
Hold	10	9	9	8	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	15	14	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Samad Samana Jefferies	Jefferies	Hold Maintains $14 → $11	Hold	Maintains	$14 → $11	-14.33%	Jun 24, 2024
Steven Enders Citigroup	Citigroup	Hold Maintains $17 → $14	Hold	Maintains	$17 → $14	+9.03%	Jun 18, 2024
Daniel Jester BMO Capital	BMO Capital	Hold Maintains $20	Hold	Maintains	$20	+55.76%	Jun 11, 2024
Steven Enders Citigroup	Citigroup	Hold Maintains $20 → $17	Hold	Maintains	$20 → $17	+32.40%	May 22, 2024
Gabriela Borges Goldman Sachs	Goldman Sachs	Hold Maintains $22 → $19	Hold	Maintains	$22 → $19	+47.98%	May 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

664.36M

from 552.69M

20.20%

from 552.69M

Revenue Next Year

757.21M

from 664.36M

13.98%

from 664.36M

EPS This Year

0.48

from -0.53

EPS Next Year

0.54

from 0.48

10.84%

from 0.48

Year	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	327.91M	352.78M	429.39M	552.69M	664.36M	757.21M	869.04M	1.02B	1.16B	1.43B
Revenue Growth	-	7.58%	21.72%	28.72%	20.20%	13.98%	14.77%	17.26%	14.13%	23.13%
EPS	-0.59	-0.66	-0.69	-0.53	0.48	0.54	0.62	0.86	1.18	1.53
EPS Growth	-	-	-	-	-	10.84%	15.83%	37.76%	38.10%	29.31%
Forward PE	-	-	-	-	26.50	23.91	20.64	14.99	10.85	8.39
No. Analysts	-	-	-	-	20	20	14	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	685.1M	811.2M	952.6M	1.1B	1.3B	1.5B
Avg	664.4M	757.2M	869.0M	1.0B	1.2B	1.4B
Low	637.6M	711.9M	801.2M	917.4M	1.0B	1.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	24.0%	22.1%	25.8%	28.3%	26.5%	26.7%
Avg	20.2%	14.0%	14.8%	17.3%	14.1%	23.1%
Low	15.4%	7.2%	5.8%	5.6%	1.2%	18.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	0.51	0.62	0.74	0.88	1.22	1.58
Avg	0.48	0.54	0.62	0.86	1.18	1.53
Low	0.40	0.36	0.47	0.82	1.14	1.47

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	-	27.9%	36.9%	41.8%	42.2%	33.1%
Avg	-	10.8%	15.8%	37.8%	38.1%	29.3%
Low	-	-25.2%	-12.4%	32.4%	32.7%	24.2%

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.