UBS Group Issues Positive Forecast for Paycom Software (NYSE:PAYC) Stock Price

Paycom Software (NYSE:PAYC) had its target price upped by stock analysts at UBS Group from $195.00 to $205.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the software maker’s stock. UBS Group’s price objective indicates a potential downside of 4.32% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Weiss Ratings raised shares of Paycom Software from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Stifel Nicolaus boosted their price objective on shares of Paycom Software from $120.00 to $200.00 and gave the stock a “hold” rating in a research note on Thursday. Guggenheim increased their price objective on Paycom Software from $180.00 to $225.00 and gave the company a “buy” rating in a report on Thursday. Cantor Fitzgerald raised their target price on Paycom Software from $135.00 to $195.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Mizuho lifted their target price on Paycom Software from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Paycom Software currently has a consensus rating of “Hold” and a consensus price target of $192.92.

Paycom Software Trading Up 22.6%

Shares of NYSE:PAYC traded up $39.46 during midday trading on Thursday, hitting $214.26. 3,208,881 shares of the stock were exchanged, compared to its average volume of 1,352,544. The business’s 50-day moving average price is $141.40 and its 200 day moving average price is $133.66. Paycom Software has a 12 month low of $104.90 and a 12 month high of $248.95. 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 stock has a market capitalization of $10.21 billion, a price-to-earnings ratio of 24.64, a P/E/G ratio of 1.49 and a beta of 0.76.

Paycom Software (NYSE:PAYC) last issued its quarterly earnings data on Wednesday, August 5th. The software maker reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.38 by $0.40. Paycom Software had a net margin of 22.44% and a return on equity of 28.34%. The business had revenue of $531.20 million during the quarter, compared to analyst estimates of $513.12 million. During the same quarter last year, the business earned $2.06 EPS. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. Analysts predict that Paycom Software will post 9.37 earnings per share for the current year.

Institutional Investors Weigh In On Paycom Software

A number of hedge funds have recently added to or reduced their stakes in PAYC. Bank of New York Mellon Corp bought a new stake in shares of Paycom Software in the 2nd quarter valued at $42,858,000. State of Wyoming bought a new position in Paycom Software during the second quarter worth $392,000. Oppenheimer Asset Management Inc. bought a new position in Paycom Software during the second quarter worth $2,685,000. Bryn Mawr Trust Advisors LLC acquired a new stake in Paycom Software in the second quarter worth $224,000. Finally, Fulton Bank N.A. grew its holdings in Paycom Software by 7.8% in the second quarter. Fulton Bank N.A. now owns 2,070 shares of the software maker’s stock worth $260,000 after purchasing an additional 149 shares during the period. 87.77% of the stock is currently owned by institutional investors.

Trending Headlines about Paycom Software

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

• Positive Sentiment: Q2 beat expectations: Revenue rose 9.8% year over year to $531.2 million, exceeding the $513.1 million consensus estimate. Non-GAAP earnings of $2.78 per diluted share also surpassed expectations and increased from $2.06 a year earlier. Paycom Q2 2026 Results
• Positive Sentiment: Higher 2026 guidance: Management raised its full-year revenue outlook to $2.197 billion–$2.212 billion and adjusted EBITDA guidance to $1.007 billion–$1.022 billion. The improved forecast reflects recurring sales growth, product expansion and expected benefits from automation and internally hosted AI models. Paycom 2026 Forecast
• Positive Sentiment: Capital returns and margins supported sentiment: Paycom repurchased approximately 2.57 million shares for $345.9 million during the quarter, while expanding margins and anticipated free cash flow above $650 million highlighted operating leverage. Paycom Q2 Earnings Call Takeaways
• Positive Sentiment: Analysts lifted targets: BTIG raised its target to $230 and maintained a buy rating, while KeyCorp increased its target to $270 and assigned an overweight rating. These revisions suggest some analysts view the earnings and outlook improvements as warranting a higher valuation. Analyst Forecast Revisions
• Neutral Sentiment: Analyst reactions were mixed: Barclays, BMO Capital Markets, Stifel and Cantor Fitzgerald raised their targets but retained equal-weight, market-perform, hold or neutral ratings.
• Negative Sentiment: The stock’s sharp move has placed it above several revised targets, including Barclays’ $210, BMO’s $208 and Stifel’s $200, suggesting valuation and near-term upside may be more limited for cautious investors.

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.