WallStreetZenWallStreetZen

NYSE: PAYC
Paycom Software Inc Stock Forecast, Predictions & Price Target

Analyst price target for PAYC

Based on 11 analysts offering 12 month price targets for Paycom Software Inc.
Min Forecast
$160.00-16.98%
Avg Forecast
$191.82-0.47%
Max Forecast
$250.00+29.72%

Should I buy or sell PAYC stock?

Based on 11 analysts offering ratings for Paycom Software Inc.
Hold
Strong Buy
1 analysts 9.09%
Buy
0 analysts 0%
Hold
10 analysts 90.91%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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

PAYC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-08
lockedlocked$00.00+00.00%2024-02-08
lockedlocked$00.00+00.00%2024-01-31
lockedlocked$00.00+00.00%2024-01-10
lockedlocked$00.00+00.00%2024-01-05
Bank of America
HoldDowngrades$185.00-4.01%2023-11-02
Mizuho
Bottom 8%
8
HoldMaintains$185.00-4.01%2023-11-01
Barclays
Top 1%
100
HoldMaintains$200.00+3.77%2023-11-01
BMO Capital
Top 13%
88
HoldMaintains$190.00-1.42%2023-11-01
Stifel Nicolaus
Top 10%
91
HoldDowngrades$160.00-16.98%2023-11-01

1 of 2

Forecast return on equity

Is PAYC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
36.1%

Forecast return on assets

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

PAYC revenue forecast

What is PAYC's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$1.9B+10.47%
Avg 2 year Forecast
$2.1B+24.33%
Avg 3 year Forecast
$2.4B+42.52%
PAYC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PAYC earnings growth forecast

How is PAYC forecast to perform vs Software - Application companies and vs the US market?
Company
17.67%
Industry
17.85%
Market
21.74%
PAYC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PAYC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PAYC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PAYC revenue growth forecast

How is PAYC forecast to perform vs Software - Application companies and vs the US market?
Company
12.1%
Industry
15.63%
Market
10.3%
PAYC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PAYC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PAYC vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
PAYC$192.73$191.82-0.47%Hold
PCOR$72.81$82.27+13.00%Strong Buy
DOCU$56.67$64.77+14.29%Hold
ESTC$94.85$117.07+23.42%Strong Buy
OTEX$34.72$46.33+33.45%Buy

Paycom Software Stock Forecast FAQ

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

The consensus among 11 Wall Street analysts covering (NYSE: PAYC) stock is to Hold PAYC stock.

Out of 11 analysts, 1 (9.09%) are recommending PAYC as a Strong Buy, 0 (0%) are recommending PAYC as a Buy, 10 (90.91%) are recommending PAYC as a Hold, 0 (0%) are recommending PAYC as a Sell, and 0 (0%) are recommending PAYC as a Strong Sell.

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

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

(NYSE: PAYC) Paycom Software's forecast annual revenue growth rate of 12.1% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 15.63%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.3%.

Paycom Software's revenue in 2024 is $1,693,674,000.On average, 10 Wall Street analysts forecast PAYC's revenue for 2024 to be $107,675,227,989, with the lowest PAYC revenue forecast at $106,700,364,198, and the highest PAYC revenue forecast at $108,306,049,290. On average, 9 Wall Street analysts forecast PAYC's revenue for 2025 to be $121,188,420,500, with the lowest PAYC revenue forecast at $118,561,715,364, and the highest PAYC revenue forecast at $123,257,912,623.

In 2026, PAYC is forecast to generate $138,923,759,083 in revenue, with the lowest revenue forecast at $137,478,872,706 and the highest revenue forecast at $141,244,348,126.

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

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

What is PAYC's Price Target?

According to 11 Wall Street analysts that have issued a 1 year PAYC price target, the average PAYC price target is $191.82, with the highest PAYC stock price forecast at $250.00 and the lowest PAYC stock price forecast at $160.00.

On average, Wall Street analysts predict that Paycom Software's share price could fall to $191.82 by Feb 8, 2025. The average Paycom Software stock price prediction forecasts a potential downside of 0.47% from the current PAYC share price of $192.73.

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

(NYSE: PAYC) 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.