Stock Price & Analysis

Based on recent technical indicators and analyst sentiment, DAY stock shows mixed signals with a bearish short-term trend but potential buying opportunity at current levels. The stock's RSI of 29.7 indicates oversold conditions, suggesting potential for a technical rebound from current price of $65.76.

Based on the provided data and recent analyst reports, here's the price prediction for DAY stock in 2025:

DAY stock is expected to reach $72-75 by end of 2025, representing a potential upside of 9-14% from current price of $65.76, driven by continued cloud revenue growth and margin expansion.

The stock has recently entered oversold territory with RSI at 29.7, suggesting a potential technical rebound from current levels.

Multiple analyst downgrades and lowered price targets in February 2025 (Scotiabank to $72, JPMorgan to $68) indicate more conservative growth expectations, though still maintaining upside potential from current levels.

The S1 support level for DAY Stock is $64.53 ,The R1 resistant level for DAY Stock is $73.75.

As of the end of day on 2025-02-11, the price of DAY Stock was $64.72.

The target price for DAY Stock according to analyst rating is 78.85, with the highest price target at 95.00 and the lowest at 67.00. Analysts have a Moderate Buy rating on DAY Stock overall.

The market cap of DAY is $10.5B.

Based on the current valuation metrics and recent market data, DAY appears to be overvalued with a significantly high P/E ratio of 643.74x in Q4 2024, far exceeding industry standards for software companies [Relevant Data]. Recent analyst actions support this view, with Scotiabank lowering their price target from $75 to $72, and TD Cowen maintaining a Hold rating with a $67 price target. The stock's technical indicators show it has entered oversold territory with an RSI of 29.7, suggesting potential short-term price support despite the high valuation. Heavy insider selling, including a significant sale by CEO David D Ossip, adds to the bearish sentiment on the stock's current valuation levels.

Dayforce, Inc. is a global human capital management (HCM) software company. The Company’s Dayforce, which is a flagship cloud HCM platform, provides a full suite of HCM functionality, including global human resources (HR), payroll and tax, workforce management, benefits, and talent intelligence functionality. The Company also sells Powerpay, a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. Dayforce Human Resources provides HR professionals, managers, and employees a single, complete record of all of their HR information. Dayforce Workforce Management helps organizations manage their workforces by configuring the system to meet complex employment and working time rules and policies. Dayforce Wallet is a digital payment solution that gives employees instant access to their net earnings. The Company also offer payroll and payroll-related services using legacy technology and on-premises technology.

Based on the provided data and recent analyst reports, here's the price prediction for DAY stock by 2030:

Dayforce (DAY) stock is projected to reach $95-105 by 2030, representing a 45-60% upside from current levels of $65.76, driven by continued expansion in the HR tech market and the company's strong recurring revenue growth which currently stands at 19.1%. The stock's technical indicators showing oversold conditions with RSI at 29.7 combined with analyst consensus maintaining sector perform ratings suggest a steady but moderate growth trajectory. Multiple analysts have recently adjusted price targets downward due to delayed implementations and core business concerns, indicating potential near-term headwinds before long-term growth materializes.

DAY has a total of 9084 employees.