Cantor Fitzgerald Forecasts Strong Price Appreciation for Paycom Software (NYSE:PAYC) Stock

Paycom Software (NYSE:PAYC) had its price objective hoisted by Cantor Fitzgerald from $135.00 to $195.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the software maker’s stock. Cantor Fitzgerald’s price objective indicates a potential upside of 11.44% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on the stock. BMO Capital Markets boosted their price target on shares of Paycom Software from $145.00 to $208.00 and gave the company a “market perform” rating in a research report on Thursday. UBS Group decreased their target price on Paycom Software from $210.00 to $183.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Barclays raised their price target on Paycom Software from $148.00 to $154.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Zacks Research raised Paycom Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Finally, BTIG Research boosted their price objective on Paycom Software from $160.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $175.83.

Paycom Software Stock Down 0.2%

Shares of NYSE:PAYC opened at $174.99 on Thursday. The company has a market capitalization of $8.33 billion, a PE ratio of 20.23, a P/E/G ratio of 1.49 and a beta of 0.76. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. Paycom Software has a twelve month low of $104.90 and a twelve month high of $248.95. The firm has a 50 day simple moving average of $141.40 and a 200-day simple moving average of $133.66.

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

Institutional Investors Weigh In On Paycom Software

Several large investors have recently modified their holdings of the stock. Brown Brothers Harriman & Co. raised its stake 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 purchasing an additional 101 shares during the last quarter. Clearstead Advisors LLC grew 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 buying an additional 94 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in Paycom Software in the 2nd quarter valued at $29,000. MUFG Securities EMEA plc acquired a new position in Paycom Software in the 2nd quarter valued at $33,000. Finally, Palisade Asset Management LLC acquired a new position in Paycom Software in the 3rd quarter valued at $33,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Trending Headlines about Paycom Software

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

• Positive Sentiment: Paycom reported second-quarter adjusted earnings of $2.78 per share, exceeding consensus estimates of $2.38, while revenue rose 9.8% year over year to $531.2 million, above the $513.1 million estimate. Paycom second-quarter earnings report
• Positive Sentiment: The company raised its 2026 forecast to approximately $2.197 billion-$2.212 billion in revenue and $1.007 billion-$1.022 billion in adjusted EBITDA. Management cited steady demand for AI-driven employee-management services and expanded automation releases. Reuters: Paycom raises annual forecast on AI-driven demand
• Positive Sentiment: Management said the quarter reflected the strength of its automation strategy and disciplined execution, reinforcing expectations that new automation products can support demand and profitability. Paycom second-quarter 2026 results
• Positive Sentiment: BMO Capital Markets raised its price target from $145 to $208, implying meaningful potential upside, while maintaining a “market perform” rating. BMO price-target update
• Neutral Sentiment: The earnings call and guidance update suggest improving momentum, but the “market perform” rating indicates BMO does not currently expect substantial outperformance relative to the broader market. Paycom Q2 2026 earnings call transcript

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.