Implied QGRO Analyst Target Price: $112
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2025
0mins
Should l Buy PAYC?
Source: NASDAQ.COM
ETF Analyst Target Price: The American Century U.S. Quality Growth ETF (QGRO) has an implied analyst target price of $111.50, indicating a potential upside of 10.11% from its current trading price of $101.26.
Underlying Holdings Performance: Notable underlying holdings such as Qualys, Gilead Sciences, and Paycom Software show significant upside potential based on analyst target prices, raising questions about the validity and optimism of these targets in light of recent market developments.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PAYC?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PAYC
Wall Street analysts forecast PAYC stock price to rise
14 Analyst Rating
3 Buy
11 Hold
0 Sell
Hold
Current: 118.960
Low
165.00
Averages
201.82
High
245.00
Current: 118.960
Low
165.00
Averages
201.82
High
245.00
About PAYC
Paycom Software, Inc. is a provider of a comprehensive, cloud-based human capital management (HCM) solution delivered as software-as-a-service (SaaS). The Company provides functionality and data analytics that businesses need to manage the complete employment lifecycle, from recruitment to retirement. Its solution requires virtually no customization and is based on a core system of record maintained in a single database for all HCM functions, including talent acquisition, time and labor management, payroll, talent management and human resources (HR) management applications. The Company's applications streamline client processes and provide clients and their employees with the ability to directly access and manage administrative processes, including applications that identify candidates, on-board employees, manage time and labor, administer payroll deductions and benefits, manage performance, terminate employees and administer post-termination health benefits, such as COBRA.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Oil Price Surge: Oil prices have surged past $100 per barrel in 2026, marking a significant increase from below $60 at the start of the year, which is one of the sharpest rises in history, causing heightened investor concerns about future economic growth.
- Inflationary Pressure: The high oil prices are likely to drive overall inflation, prompting the Federal Reserve to reconsider its interest rate policies, which has led to a widespread market decline as investors react to potential rate hikes.
- Supply Chain Disruption: Currently, about 20% of oil supply is disrupted due to the largest supply shock in history, raising fears about future supply constraints and potentially leading to further increases in energy costs that could impact profitability across various sectors.
- Hims & Hers Partnership: Hims & Hers has unexpectedly partnered with Novo Nordisk, resolving a legal dispute and allowing the company to sell FDA-approved weight loss drugs directly, which is expected to significantly enhance its business model and boost market confidence.
See More
- Surging Oil Prices: Oil prices have surged past $100 per barrel for the first time in 2026, marking a significant increase from below $60 at the start of the year, which has raised investor concerns about potential impacts on economic growth and profitability across various sectors.
- Supply Disruption Impact: Approximately 20% of oil supply has been disrupted for about nine days due to the largest supply disruption in history, with no spare capacity available to alleviate the situation, intensifying fears of sustained high oil prices.
- S&P 500 Changes: The S&P 500 index has undergone changes, removing four companies including Match Group, while adding four others like Vertiv, reflecting strong demand for AI and connectivity infrastructure and indicating a shift in industry trends.
- Hims & Hers Stock Surge: Hims & Hers stock jumped significantly following an unexpected partnership with Novo Nordisk, resolving a legal dispute and allowing the sale of FDA-approved weight loss drugs, which is expected to boost revenue and improve market sentiment.
See More
- Industry-Leading Recognition: Paycom has been named one of USA Today's Most Trusted Brands for 2026, achieving the only five-star rating in its sector, which reflects strong consumer confidence in its HR and payroll technology and solidifies its market leadership.
- Security Standards Advantage: With multiple ISO and SOC certifications, Paycom ensures comprehensive protection of client data privacy, and its information security and quality management systems are formally audited annually, enhancing customer trust in its services.
- Innovative Technology Drive: Paycom's single database design integrates HR and payroll data, eliminating errors and inefficiencies associated with multiple systems, helping companies maintain data integrity throughout the employee lifecycle and achieve significant ROI.
- Enhanced Customer Experience: Through its industry-first AI engine, IWantTM, Paycom provides instant and accurate access to employee data, streamlining processes and improving overall client and employee experiences, further driving innovation in the HR technology space.
See More
- Award for Innovation: Paycom has been awarded the H3 HR Advisors HCM Technology Signal Award for its innovations in decisioning logic and automation within HR and payroll software, highlighting its ongoing impact in driving organizational change and solidifying its leadership position in the industry.
- Reducing Management Burden: By alleviating decision-making burdens on HR and leaders, Paycom's full-solution automation technology helps organizations achieve real ROI during transformations, enhancing client trust and reliance on its technology.
- Industry-Leading Automation: Recognized as the most automated software in the industry, Paycom leverages command-driven AI and full-solution automation within a single database to ensure clarity and consistency in managing workforce changes, thereby improving business efficiency.
- Long-Term Effectiveness Research: The Signal Awards are based on ongoing research by H3 HR Advisors, identifying effective patterns in nine critical areas for organizations by 2026, indicating that Paycom's technology has a significant impact within the industry.
See More
- Mortgage Rates: Current mortgage rates are over half a point lower compared to last spring.
- Home Prices: There has been negligible growth in home prices recently.
- First-Time Buyers: First-time buyers accounted for approximately 34% of home sales in February, marking one of the highest percentages in five years.
- Market Trends: The data is sourced from the National Association of Realtors, indicating a potential shift in the housing market dynamics.
See More
- Campbell's S&P 500 Status: Campbell's, a long-standing member of the S&P 500 since 1957, may risk removal from the index if its stock does not recover significantly.
- Earnings Report Significance: The upcoming earnings report, set to be released before the market opens on Wednesday, will be crucial in influencing the stock's performance in the near future.
See More










