Stock Price & Analysis

Based on the analysis of Dayforce Inc. (DAY) stock, here is a concise recommendation:

Buy DAY stock as it presents a potential long-term opportunity due to its strong Q4 earnings and positive analyst sentiment, despite short-term volatility and mixed revenue guidance.

The price prediction for DAY stock in 2025 is $70, driven by potential cost savings from workforce restructuring and improving market conditions. The stock is currently undervalued, with a low RSI and analyst targets suggesting upside.

The S1 support level for DAY Stock is $52.3 ,The R1 resistant level for DAY Stock is $59.75.

As of the end of day on 2025-03-17, the price of DAY Stock was $53.51.

The target price for DAY Stock according to analyst rating is 77.50, 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 $8.8B.

DAY appears overvalued due to its high price-to-earnings (P/E) ratio of 643.74, indicating elevated market expectations. Its Q4 net income of $10.8M and negative gross profit of -$37.9M raise concerns about profitability. The stock's current price of $54.06 is below its 52-week high of $82.69, suggesting potential overvaluation. Analysts have mixed ratings, with some lowering price targets, reflecting cautious sentiment. The company's workforce reduction plan and restructuring costs add to operational uncertainties.

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 current trends and analyst expectations, DAY stock could reach $80 by 2030, driven by cost-saving initiatives and improved profitability. The stock's oversold RSI and potential workforce reduction savings suggest long-term upside. Analysts also see an 18.56% upside from current levels, supporting this bullish outlook.

DAY has a total of 9084 employees.