Paycom Software (NYSE:PAYC) Price Target Cut to $128.00 by Analysts at Citigroup

Posted by Jessica Moore on Feb 13th, 2026

Paycom Software (NYSE:PAYC – Get Free Report) had its target price reduced by stock analysts at Citigroup from $185.00 to $128.00 in a report released on Friday,Benzinga reports. The firm currently has a “neutral” rating on the software maker’s stock. Citigroup’s target price indicates a potential upside of 1.53% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. Barclays lowered their target price on Paycom Software from $185.00 to $140.00 and set an “equal weight” rating for the company in a research note on Thursday. KeyCorp decreased their price target on Paycom Software from $250.00 to $195.00 and set an “overweight” rating for the company in a report on Thursday. Jefferies Financial Group dropped their price objective on shares of Paycom Software from $190.00 to $130.00 and set a “hold” rating on the stock in a research note on Thursday. UBS Group reduced their target price on shares of Paycom Software from $245.00 to $210.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. Finally, BTIG Research decreased their target price on shares of Paycom Software from $195.00 to $140.00 and set a “buy” rating for the company in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Paycom Software currently has an average rating of “Hold” and a consensus target price of $168.57.

Read Our Latest Stock Report on Paycom Software

Paycom Software Stock Up 5.3%

Shares of Paycom Software stock traded up $6.31 during trading hours on Friday, hitting $126.07. The company’s stock had a trading volume of 980,479 shares, compared to its average volume of 1,337,042. The business has a fifty day moving average of $151.02 and a 200 day moving average of $184.86. Paycom Software has a 1-year low of $104.90 and a 1-year high of $267.76. The company has a market capitalization of $7.09 billion, a PE ratio of 15.59, a P/E/G ratio of 1.25 and a beta of 0.79.

Paycom Software (NYSE:PAYC – Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The software maker reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.01. Paycom Software had a net margin of 22.10% and a return on equity of 24.21%. The firm had revenue of $544.30 million during the quarter, compared to analysts’ expectations of $542.79 million. During the same period in the prior year, the company earned $2.32 EPS. The firm’s revenue was up 10.2% on a year-over-year basis. On average, sell-side analysts anticipate that Paycom Software will post 7.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Paycom Software

In other Paycom Software news, CFO Robert D. Foster sold 1,300 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $162.66, for a total transaction of $211,458.00. Following the transaction, the chief financial officer owned 14,747 shares of the company’s stock, valued at $2,398,747.02. This trade represents a 8.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 10.90% of the company’s stock.

Institutional Investors Weigh In On Paycom Software

Several institutional investors and hedge funds have recently made changes to their positions in the company. True Wealth Design LLC increased its stake in shares of Paycom Software by 946.7% in the fourth quarter. True Wealth Design LLC now owns 157 shares of the software maker’s stock valued at $25,000 after purchasing an additional 142 shares during the period. Brown Brothers Harriman & Co. boosted its position in shares of Paycom Software by 190.6% during the fourth quarter. Brown Brothers Harriman & Co. now owns 154 shares of the software maker’s stock worth $25,000 after buying an additional 101 shares during the period. Clearstead Advisors LLC grew its holdings in Paycom Software by 140.3% in the 4th quarter. Clearstead Advisors LLC now owns 161 shares of the software maker’s stock worth $26,000 after buying an additional 94 shares in the last quarter. Caitlin John LLC acquired a new stake in Paycom Software in the 3rd quarter valued at approximately $29,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in Paycom Software in the 2nd quarter valued at approximately $29,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Paycom Software

Here are the key news stories impacting Paycom Software this week:

Positive Sentiment: Q4 results beat modestly: PAYC reported $2.45 EPS and $544.3M revenue (up ~10% YoY), marginally topping estimates and showing expanding margins—this provides fundamental support for the stock. Paycom’s Q4 Earnings Surpass Expectations, Revenues Rise Y/Y
Positive Sentiment: Product differentiation: A Forrester-commissioned study found Paycom’s IWant AI delivers significant three-year ROI for clients—evidence that the company’s AI-led product push can support long-term revenue expansion and client retention. New Study Finds Paycom’s IWant Has Delivered Significant ROI
Positive Sentiment: Bullish analyst views and opportunity narratives: Some analysts and outlets are framing the post‑selloff levels as an attractive buying opportunity, which can attract short-term buyers and value-oriented investors. Paycom Software Q4: After The Massive Selloff, An Attractive Opportunity (Upgrade)
Neutral Sentiment: Longer-term style notes: Coverage pieces highlight PAYC as a potential value pick by some screens (Zacks style scores) and show mixed analyst sentiment—useful for investors weighing growth vs. value exposure. Here’s Why Paycom Software (PAYC) is a Strong Value Stock
Negative Sentiment: Weak 2026 revenue outlook: Paycom’s 2026 revenue guidance disappointed Street expectations, triggering near-term selling pressure and investor concern about growth momentum. Payroll software maker Paycom forecasts weak 2026 revenue, shares fall
Negative Sentiment: Analysts cut targets: Multiple firms trimmed price targets (examples: Jefferies, Mizuho, Cantor, Barclays, BMO) after guidance—ratings range from neutral/hold to buy, but the cuts increase near-term downside risk and volatility. Paycom Software Analysts Lower Their Forecasts After Q4 Results
Negative Sentiment: Technical/market pressure: Coverage noted the stock has hit 52‑week lows amid the guidance-driven selloff—this can amplify downside in the near term until guidance confidence is restored. Paycom stock hits 52-week low at $122.52 amid market challenges

About Paycom Software

(Get Free Report)

Paycom Software, Inc (NYSE: PAYC) is a cloud-based human capital management (HCM) software provider that delivers an end-to-end solution for human resources, payroll, talent acquisition, time and labor management, and talent management. Its single-database platform enables organizations to process payroll, track time, administer benefits, and manage recruiting and employee development through a unified system. Paycom’s software is designed to streamline administrative tasks, improve data accuracy, and provide real-time reporting and analytics to support strategic HR decisions.

The company’s core offerings include payroll processing with built-in tax compliance, employee self-service functionality, automated time tracking, and customizable talent acquisition tools that allow employers to create and post job requisitions, screen candidates, and conduct onboarding electronically.