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Dayforce (DAY) Stock Forecast, Price Target & Predictions

OverviewRevenueFinancialsChartTranscripts

DAY Stock Forecast

Dayforce (DAY) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $73.67, with a high of $80.00 and a low of $70.00. This represents a 3.18% increase from the last price of $71.40.

$45 $52 $59 $66 $73 $80 High: $80 Avg: $73.67 Low: $70 Last Closed Price: $71.4

DAY Stock Rating

Dayforce stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (62.50%), 3 Hold (37.50%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 8 0 3 5 Strong Sell Sell Hold Buy Strong Buy

DAY Forecast vs Benchmarks

TypeNameUpside
StockDayforce3.18%
SectorTechnology Stocks 13.03%

Price Target Trends

1M3M12M
# Anlaysts-16
Avg Price Target-$80.00$69.50
Last Closing Price$71.40$71.40$71.40
Upside/Downside-12.04%-2.66%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25489--21
Dec, 24488--20
Nov, 24488--20
Oct, 24588--21
Sep, 24589--22
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 01, 2024Daniel JesterBMO Capital$80.00$75.236.34%12.04%
Sep 23, 2024Jason CelinoKeyBanc$70.00$59.2018.24%-1.96%
Jul 31, 2024Arvind RamnaniPiper Sandler$71.00$59.2819.77%-0.56%
Jul 02, 2024Arvind RamnaniPiper Sandler$68.00$50.3335.11%-4.76%
May 31, 2024Caydee BlankenshipCFRA$53.00$49.467.16%-25.77%
May 06, 2024Daniel JesterBMO Capital$75.00$58.4028.42%5.04%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024CitigroupBuyBuyhold
Oct 31, 2024KeyBancOverweightOverweighthold
Oct 22, 2024JefferiesHoldHoldhold
Oct 14, 2024Piper SandlerBuyBuyhold
Oct 07, 2024Cowen & Co.HoldHoldhold
Sep 25, 2024CitigroupBuyBuyhold
Sep 24, 2024Sandler O'NeillBuyBuyhold
Sep 23, 2024KeyBancOverweightinitialise
Aug 01, 2024BMO CapitalOutperformOutperformhold
Aug 01, 2024BarclaysEqual-WeightEqual-Weighthold

Financial Forecast

EPS Forecast

$-1 $0 $1 $2 $3 $4 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.03$-0.50$-0.48$0.35-----
Avg Forecast$0.47$0.23$0.67$1.32$1.83$2.21$2.69$3.36$3.72
High Forecast$0.46$0.23$0.66$1.28$1.82$2.16$1.88$3.31$3.67
Low Forecast$0.48$0.24$0.68$1.36$1.85$2.30$3.17$3.40$3.77
Surprise %-106.38%-317.39%-171.64%-73.48%-----

Revenue Forecast

$500M $1B $2B $2B $3B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$842.50M$1.02B$1.25B$1.51B-----
Avg Forecast$837.20M$1.02B$1.24B$1.51B$1.75B$1.96B$2.21B$2.48B$2.88B
High Forecast$827.06M$1.01B$1.22B$1.50B$1.73B$1.94B$2.21B$2.47B$2.85B
Low Forecast$850.22M$1.03B$1.24B$1.52B$1.77B$1.98B$2.21B$2.50B$2.91B
Surprise %0.63%0.66%0.89%0.03%-----

Net Income Forecast

$-100M $40M $180M $320M $460M $600M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-4.00M$-75.40M$-73.40M$54.80M-----
Avg Forecast$73.85M$36.73M$106.48M$209.77M$290.93M$353.98M$400.28M$532.07M$589.62M
High Forecast$72.68M$36.15M$105.23M$203.41M$288.55M$343.02M$297.56M$524.77M$581.21M
Low Forecast$75.34M$37.48M$107.44M$216.12M$293.31M$364.95M$503.00M$539.38M$597.39M
Surprise %-105.42%-305.27%-168.94%-73.88%-----

DAY Forecast FAQ

Is Dayforce stock a buy?

Dayforce stock has a consensus rating of Buy, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Dayforce is a favorable investment for most analysts.

What is Dayforce's price target?

Dayforce's price target, set by 8 Wall Street analysts, averages $73.67 over the next 12 months. The price target range spans from $70 at the low end to $80 at the high end, suggesting a potential 3.18% change from the previous close price of $71.4.

How does Dayforce stock forecast compare to the average forecast of its sector, industry, and investment themes?

Dayforce stock forecast shows a 3.18% upside, underperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Dayforce over the past three months?

  • January 2025: 19.05% Strong Buy, 38.10% Buy, 42.86% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 20.00% Strong Buy, 40.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 20.00% Strong Buy, 40.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.

What is Dayforce’s EPS forecast?

Dayforce's average annual EPS forecast for its fiscal year ending in December is 1.83 for 2024, a 422.86% increase from the reported $0.35 in 2023. The prediction for 2025 is $2.21, $2.69 for 2026, $3.36 for 2027, and $3.72 for 2028.

What is Dayforce’s revenue forecast?

Dayforce's average annual revenue forecast for its fiscal year ending in December is $1.75B for 2024, a 15.61% increase from the reported $1.51B in 2023. The forecast for 2025 is $1.96B, $2.21B for 2026, $2.48B for 2027, and $2.88B for 2028.

What is Dayforce’s net income forecast?

For its fiscal year ending in December, Dayforce's average annual net income forecast is $290.93M for 2024, reflecting an 430.90% increase from the reported $54.8M in 2023. The projection for 2025 is $353.98M, $400.28M for 2026, $532.07M for 2027, and $589.62M for 2028.