Stock Price & Analysis

Based on the recent KeyBanc upgrade to Overweight with a $245 price target and positive analyst sentiment, it is a good time to buy PAYC stock. The company's sales growth acceleration and international opportunities make it an attractive investment.

PAYC stock is expected to reach $245 by end of 2025, driven by strong earnings growth and KeyBanc's recent upgrade. The stock is currently trading at $217.38, with a positive momentum from Q4 earnings beating expectations. Analysts predict continued growth due to expanding market share and improving margins.

The S1 support level for PAYC Stock is $201.86 ,The R1 resistant level for PAYC Stock is $222.47.

As of the end of day on 2025-03-17, the price of PAYC Stock was $206.2.

The target price for PAYC Stock according to analyst rating is 216.30, with the highest price target at 235.00 and the lowest at 187.00. Analysts have a Hold rating on PAYC Stock overall.

The market cap of PAYC is $11.6B.

PAYC appears overvalued due to its high PE ratio of 24.29, exceeding industry averages. Its EV/EBITDA of 16.07 also suggests premium valuation. The stock dropped 4.77% in regular trading, indicating investor concern. While KeyBanc upgraded PAYC to Overweight with a $245 target, other analysts like Piper Sandler and Stifel maintain lower targets, reflecting mixed sentiment. High multiples and recent price volatility suggest caution.

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. 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. Its 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. The Company sells its solution directly through its sales force based in offices across the United States.

Based on strong fundamentals, positive analyst sentiment, and historical growth trends, PAYC stock is predicted to reach $400 by 2030. This projection aligns with the company's expanding product offerings and increasing market penetration. Analysts have set price targets ranging from $187 to $260, with a consensus leaning toward higher valuations due to strong Q4 performance and revenue growth projections of 8-9% for 2025.

PAYC has a total of 7308 employees.