WallStreetZenWallStreetZen

NYSE: DAY
Dayforce Inc Stock Forecast, Predictions & Price Target

Analyst price target for DAY

Based on 8 analysts offering 12 month price targets for Dayforce Inc.
Min Forecast
$62.00+5.53%
Avg Forecast
$76.88+30.85%
Max Forecast
$87.00+48.09%

Should I buy or sell DAY stock?

Based on 8 analysts offering ratings for Dayforce Inc.
Buy
Strong Buy
2 analysts 25%
Buy
2 analysts 25%
Hold
4 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their DAY stock forecasts and price targets.

DAY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-12
lockedlocked$00.00+00.00%2024-02-08
lockedlocked$00.00+00.00%2024-02-08
lockedlocked$00.00+00.00%2024-01-19
lockedlocked$00.00+00.00%2024-01-10
UBS
Bottom 4%
4
Strong BuyInitiates Coverage On$87.00+48.09%2023-11-07
JP Morgan
Top 8%
93
HoldMaintains$62.00+5.53%2023-11-02
Goldman Sachs
Top 32%
69
HoldInitiates Coverage On$74.00+25.96%2023-10-23

1 of 1

Forecast return on equity

Is DAY forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
36%

Forecast return on assets

Is DAY forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

DAY revenue forecast

What is DAY's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.7B+14.02%
Avg 2 year Forecast
$2.0B+29.89%
Avg 3 year Forecast
$2.3B+50.38%
DAY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DAY revenue growth forecast

How is DAY forecast to perform vs Software - Application companies and vs the US market?
Company
14.08%
Industry
15.61%
Market
10.06%
DAY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DAY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DAY vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
DAY$58.75$76.88+30.85%Buy
GWRE$107.64$130.00+20.77%Strong Buy
OTEX$35.05$50.50+44.08%Buy
PCTY$157.22$191.64+21.89%Buy
U$22.89$30.65+33.90%Buy

Dayforce Stock Forecast FAQ

Is Dayforce Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: DAY) stock is to Buy DAY stock.

Out of 8 analysts, 2 (25%) are recommending DAY as a Strong Buy, 2 (25%) are recommending DAY as a Buy, 4 (50%) are recommending DAY as a Hold, 0 (0%) are recommending DAY as a Sell, and 0 (0%) are recommending DAY as a Strong Sell.

If you're new to stock investing, here's how to buy Dayforce stock.

What is DAY's revenue growth forecast for 2024-2026?

(NYSE: DAY) Dayforce's forecast annual revenue growth rate of 14.08% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 15.61%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.06%.

Dayforce's revenue in 2024 is $1,513,700,000.On average, 7 Wall Street analysts forecast DAY's revenue for 2024 to be $270,282,830,400, with the lowest DAY revenue forecast at $269,727,840,000, and the highest DAY revenue forecast at $271,528,740,000. On average, 7 Wall Street analysts forecast DAY's revenue for 2025 to be $307,896,584,400, with the lowest DAY revenue forecast at $305,636,220,000, and the highest DAY revenue forecast at $312,642,817,200.

In 2026, DAY is forecast to generate $356,475,627,000 in revenue, with the lowest revenue forecast at $352,271,700,000 and the highest revenue forecast at $360,679,710,600.

What is DAY's forecast return on assets (ROA) for 2024-2027?

(NYSE: DAY) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of N/A.

What is DAY's Price Target?

According to 8 Wall Street analysts that have issued a 1 year DAY price target, the average DAY price target is $76.88, with the highest DAY stock price forecast at $87.00 and the lowest DAY stock price forecast at $62.00.

On average, Wall Street analysts predict that Dayforce's share price could reach $76.88 by Feb 12, 2025. The average Dayforce stock price prediction forecasts a potential upside of 30.85% from the current DAY share price of $58.75.

What is DAY's forecast return on equity (ROE) for 2024-2027?

(NYSE: DAY) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.