CDAY Stock Forecast & Price Target
CDAY Analyst Ratings
Bulls say
Ceridian HCM Holding is a cloud HCM provider with a strong market position and potential for long-term growth. The recent departure of CEO Leagh Turner may cause some temporary uncertainty, but the company's strong guidance for both revenue and margins, coupled with achievable 2025 targets and low switching costs for customers, suggest a positive outlook for the Dayforce platform. Additionally, the company's investments in diverse leadership and ESG initiatives reflect a strong commitment to long-term sustainability, and the potential for margin expansion and a growing TAM present future opportunities for the company.
Bears say
Ceridian HCM Holding is facing a multitude of challenges including intense competition in the HR technology market, key man risk with the potential departure of CEO David Ossip, declining revenue from their legacy Bureau business, and foreign exchange exposure. While the company's recent financial results have been positive, there are continued concerns about the sustainability of their growth and profitability in the highly competitive market. Additionally, the company's reliance on their flagship Dayforce platform for the majority of their revenue leaves them vulnerable to any potential disruptions or declines in that business.
This aggregate rating is based on analysts' research of Ceridian HCM Holding Inc. and is not a guaranteed prediction by Public.com or investment advice.
CDAY Analyst Forecast & Price Prediction
Start investing in CDAY
Order type
Buy in
Order amount
Est. shares
0 shares