
Paycom Software (PAYC) Stock Forecast & Price Target
Paycom Software (PAYC) Analyst Ratings
Bulls say
Paycom Software demonstrated positive financial momentum with a 7% year-over-year growth in New Annual Recurring Revenue (ARR) in the fourth quarter of 2025, coupled with an impressive annual revenue retention rate that improved to 91%. The company reported a robust 11.3% growth in recurring and other revenue, alongside an Adjusted EBITDA of $236 million, which represented a 10% increase year-over-year and exceeded consensus estimates. Additionally, Paycom experienced significant gains in customer acquisition, adding more new clients in 2025 than in the previous two years combined, reflecting strong operational execution and an upward trajectory in its market presence.
Bears say
Paycom Software has provided a 2026 revenue growth forecast of 7%-8%, translating to $2.08 billion at the midpoint, which is 2.1% below consensus expectations. This guidance reflects a significant decline in incremental revenue, projecting a 19% year-over-year decrease compared to a 6% decline indicated in the previous year's forecast. Additionally, despite adjusted EBITDA guidance of $950 million to $970 million slightly surpassing consensus, the overall revenue outlook appears weak, with FY26 revenues expected to reach $2.185 billion, falling short of consensus estimates of $2.229 billion.
This aggregate rating is based on analysts' research of Paycom Software and is not a guaranteed prediction by Public.com or investment advice.
Paycom Software (PAYC) Analyst Forecast & Price Prediction
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