Paycom Software (NYSE:PAYC) Price Target Raised to $210.00

Paycom Software (NYSE:PAYC) had its target price lifted by investment analysts at Barclays from $154.00 to $210.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the software maker’s stock. Barclays‘s price target would indicate a potential downside of 2.14% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Citigroup boosted their price target on Paycom Software from $120.00 to $136.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Guggenheim lifted their price objective on shares of Paycom Software from $180.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday. TD Cowen lowered their price objective on shares of Paycom Software from $154.00 to $149.00 and set a “buy” rating for the company in a research note on Friday, June 26th. BTIG Research boosted their target price on shares of Paycom Software from $160.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Stifel Nicolaus increased their target price on shares of Paycom Software from $120.00 to $200.00 and gave the stock a “hold” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $191.23.

Paycom Software Trading Up 22.8%

Shares of PAYC stock traded up $39.80 during mid-day trading on Thursday, hitting $214.60. The company’s stock had a trading volume of 1,409,340 shares, compared to its average volume of 1,338,688. The company has a market cap of $10.22 billion, a PE ratio of 24.86, a P/E/G ratio of 1.49 and a beta of 0.76. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.08. The company’s fifty day simple moving average is $141.40 and its 200-day simple moving average is $133.66. Paycom Software has a 52 week low of $104.90 and a 52 week high of $248.95.

Paycom Software (NYSE:PAYC) last announced its earnings results on Wednesday, August 5th. The software maker reported $2.78 EPS for the quarter, beating the consensus estimate of $2.38 by $0.40. Paycom Software had a return on equity of 28.34% and a net margin of 22.44%.The company had revenue of $531.20 million for the quarter, compared to analyst estimates of $513.12 million. During the same quarter in the prior year, the company earned $2.06 EPS. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. As a group, equities research analysts expect that Paycom Software will post 9.37 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PAYC. Brown Brothers Harriman & Co. increased 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 acquiring an additional 101 shares in the last quarter. Clearstead Advisors LLC lifted its position in Paycom Software by 140.3% in the 4th quarter. Clearstead Advisors LLC now owns 161 shares of the software maker’s stock valued at $26,000 after acquiring an additional 94 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Paycom Software in the 2nd quarter valued at about $29,000. MUFG Securities EMEA plc acquired a new position in Paycom Software during the 2nd quarter valued at about $33,000. Finally, Palisade Asset Management LLC acquired a new position in Paycom Software during the 3rd quarter valued at about $33,000. 87.77% of the stock is owned by institutional investors.

Paycom Software News Roundup

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

• Positive Sentiment: Q2 earnings beat expectations: Paycom reported adjusted earnings of $2.78 per share, above the $2.38 consensus estimate and up from $2.06 a year earlier. Revenue increased 9.8% year over year to $531.2 million, exceeding estimates of $513.1 million. Paycom Software Reports Second Quarter 2026 Results
• Positive Sentiment: Raised 2026 forecast: Paycom now expects full-year revenue of approximately $2.197 billion to $2.212 billion and adjusted EBITDA of $1.007 billion to $1.022 billion. The higher outlook reflects steady demand for AI-driven services and expanded automation releases. Paycom Raises Annual Forecast on AI-Driven Demand
• Positive Sentiment: Analysts lifted targets: BTIG Research raised its price target from $160 to $230 and maintained a Buy rating, helping reinforce the bullish reaction to the earnings report. BTIG Raises Paycom Price Target
• Neutral Sentiment: Analyst views remain mixed: BMO Capital Markets raised its target to $208 but kept a Market Perform rating, while Cantor Fitzgerald increased its target to $195 and retained a Neutral rating. These targets suggest some analysts believe much of the improved outlook is already reflected in the stock.

Paycom Software Company Profile

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.