Paycom Software (PAYC) Stock Forecast, Price Target & Predictions
PAYC Stock Forecast
Paycom Software stock forecast is as follows: an average price target of $349.50 (represents a 106.34% upside from PAYC’s last price of $169.38) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
PAYC Price Target
The average price target for Paycom Software (PAYC) is $349.50 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $550.00 to $167.00. This represents a potential 106.34% upside from PAYC's last price of $169.38.
PAYC Analyst Ratings
According to 12 Wall Street analysts, Paycom Software's rating consensus is 'Buy'. The analyst rating breakdown for PAYC stock is 0 'Strong Buy' (0.00%), 6 'Buy' (50.00%), 6 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Paycom Software Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 01, 2024 | Raimo Lenschow | Barclays | $167.00 | $166.79 | 0.13% | -1.41% |
| May 31, 2024 | Raimo Lenschow | Barclays | $184.00 | $144.76 | 27.10% | 8.63% |
| May 06, 2024 | Siti Panigrahi | Mizuho Securities | $170.00 | $171.29 | -0.75% | 0.37% |
| Nov 01, 2023 | Raimo Lenschow | Barclays | $200.00 | $150.69 | 32.72% | 18.08% |
| Nov 01, 2023 | Daniel Jester | BMO Capital | $190.00 | $150.69 | 26.09% | 12.17% |
| Nov 01, 2023 | Arvind Ramnani | Piper Sandler | $185.00 | $150.69 | 22.77% | 9.22% |
| Feb 08, 2023 | - | Barclays | $336.00 | $314.91 | 6.70% | 98.37% |
| Feb 08, 2023 | - | Oppenheimer | $400.00 | $344.52 | 16.10% | 136.16% |
| Feb 08, 2023 | - | Piper Sandler | $417.00 | $344.52 | 21.04% | 146.19% |
| Jan 09, 2023 | - | MoffettNathanson | $310.00 | $290.69 | 6.64% | 83.02% |
The latest Paycom Software stock forecast, released on Aug 01, 2024 by Raimo Lenschow from Barclays, set a price target of $167.00, which represents a 0.13% increase from the stock price at the time of the forecast ($166.79), and a -1.41% decrease from PAYC last price ($169.38).
Paycom Software Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 6 |
| Avg Price Target | - | $167.00 | $182.67 |
| Last Closing Price | $169.38 | $169.38 | $169.38 |
| Upside/Downside | -100.00% | -1.41% | 7.85% |
In the current month, the average price target of Paycom Software stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Paycom Software's last price of $169.38. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 01, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 01, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 01, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 20, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jun 03, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 02, 2024 | Citigroup | Neutral | Neutral | Hold |
| Feb 08, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jan 31, 2024 | UBS | Buy | Buy | Hold |
| Jan 31, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Jan 05, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
Paycom Software's last stock rating was published by BMO Capital on Aug 01, 2024. The company gave PAYC a "Market Perform" rating, the same as its previous rate.
Paycom Software Financial Forecast
Paycom Software Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $434.60M | $406.30M | $401.14M | $451.64M | $370.61M | $334.17M | - | $353.52M | $284.99M | $256.19M | $242.15M | $272.20M | $220.95M | $196.53M | $181.59M | $242.37M | $193.41M | $175.01M |
| Avg Forecast | $587.87M | $545.06M | $534.86M | $607.78M | $535.99M | $495.76M | $485.23M | $553.33M | $483.18M | $446.97M | $436.87M | $495.94M | $422.50M | $410.46M | $398.13M | $444.25M | $367.08M | $328.09M | $309.09M | $343.07M | $276.58M | $250.32M | $232.12M | $271.34M | $213.57M | $192.02M | $183.60M | $238.27M | $190.34M | $171.46M |
| High Forecast | $590.32M | $547.32M | $537.09M | $610.31M | $538.22M | $497.82M | $487.25M | $555.63M | $485.19M | $448.93M | $438.69M | $498.00M | $424.01M | $410.98M | $399.79M | $446.10M | $368.60M | $329.46M | $309.09M | $346.30M | $279.18M | $252.67M | $234.30M | $273.89M | $215.58M | $193.83M | $185.33M | $240.51M | $192.13M | $173.07M |
| Low Forecast | $586.64M | $543.91M | $533.73M | $606.50M | $534.86M | $494.72M | $484.21M | $552.17M | $482.16M | $445.94M | $435.95M | $494.90M | $421.11M | $409.94M | $397.29M | $443.31M | $366.30M | $327.40M | $309.09M | $340.26M | $274.31M | $248.26M | $230.21M | $269.11M | $211.82M | $190.45M | $182.10M | $236.31M | $188.78M | $170.05M |
| # Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 9 | 10 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.99% | 1.01% | 1.02% | 1.01% | 1.02% | - | 1.03% | 1.03% | 1.02% | 1.04% | 1.00% | 1.03% | 1.02% | 0.99% | 1.02% | 1.02% | 1.02% |
Paycom Software's average Quarter revenue forecast for Mar 24 based on 9 analysts is $495.94M, with a low forecast of $494.90M, and a high forecast of $498.00M. PAYC's average Quarter revenue forecast represents a 14.12% increase compared to the company's last Quarter revenue of $434.60M (Dec 23).
Paycom Software EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 9 | 10 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $125.94M | $131.21M | $105.06M | $192.71M | $139.85M | $99.87M | - | $149.33M | $88.97M | $60.87M | $63.25M | $110.09M | $50.90M | $48.06M | $39.81M | $100.55M | $72.83M | $61.72M |
| Avg Forecast | $194.64M | $180.46M | $177.09M | $201.23M | $177.46M | $164.14M | $160.66M | $183.20M | $159.98M | $147.99M | $144.64M | $165.21M | $139.89M | $135.90M | $131.82M | $150.19M | $121.54M | $74.90M | $102.34M | $136.53M | $83.19M | $68.09M | $41.32M | $106.21M | $47.68M | $34.96M | $39.81M | $94.96M | $65.36M | $58.96M |
| High Forecast | $195.45M | $181.22M | $177.83M | $202.07M | $178.20M | $164.83M | $161.33M | $183.97M | $160.64M | $148.64M | $145.25M | $198.25M | $140.39M | $136.07M | $132.37M | $180.22M | $122.04M | $89.88M | $102.34M | $163.84M | $99.83M | $81.71M | $49.58M | $127.46M | $57.22M | $41.95M | $47.78M | $113.96M | $78.43M | $70.75M |
| Low Forecast | $194.23M | $180.08M | $176.72M | $200.81M | $177.09M | $163.80M | $160.32M | $182.82M | $159.64M | $147.65M | $144.34M | $132.16M | $139.43M | $135.73M | $131.54M | $120.15M | $121.28M | $59.92M | $102.34M | $109.23M | $66.55M | $54.47M | $33.05M | $84.97M | $38.14M | $27.97M | $31.85M | $75.97M | $52.29M | $47.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.97% | 0.80% | 1.28% | 1.15% | 1.33% | - | 1.09% | 1.07% | 0.89% | 1.53% | 1.04% | 1.07% | 1.38% | 1.00% | 1.06% | 1.11% | 1.05% |
9 analysts predict PAYC's average Quarter EBITDA for Mar 24 to be $165.21M, with a high of $198.25M and a low of $132.16M. This is 31.18% upper than Paycom Software's previous annual EBITDA (Dec 23) of $125.94M.
Paycom Software Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 9 | 10 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $81.76M | $75.22M | $64.52M | $119.30M | $79.95M | $52.15M | - | $91.93M | $48.69M | $30.38M | $52.28M | $64.62M | $24.37M | $27.48M | $28.59M | $63.02M | $45.38M | $39.15M |
| Avg Forecast | $140.88M | $118.61M | $121.19M | $179.17M | $124.92M | $107.70M | $106.14M | $156.84M | $110.90M | $91.61M | $91.86M | $101.70M | $101.03M | $92.23M | $90.60M | $92.46M | $84.12M | $37.38M | $63.41M | $84.05M | $45.53M | $33.98M | $34.15M | $62.34M | $22.82M | $19.99M | $28.59M | $59.51M | $40.73M | $37.40M |
| High Forecast | $141.64M | $119.25M | $121.85M | $180.13M | $125.60M | $108.28M | $106.72M | $157.69M | $111.50M | $100.04M | $92.36M | $122.04M | $103.86M | $95.10M | $91.09M | $110.95M | $84.57M | $44.86M | $63.41M | $100.86M | $54.63M | $40.78M | $40.98M | $74.81M | $27.39M | $23.98M | $34.31M | $71.42M | $48.87M | $44.88M |
| Low Forecast | $140.50M | $118.28M | $120.86M | $178.68M | $124.58M | $107.40M | $105.85M | $156.41M | $110.60M | $87.11M | $91.61M | $81.36M | $93.65M | $91.09M | $90.35M | $73.96M | $83.89M | $29.91M | $63.41M | $67.24M | $36.42M | $27.19M | $27.32M | $49.87M | $18.26M | $15.99M | $22.87M | $47.61M | $32.58M | $29.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.82% | 0.71% | 1.29% | 0.95% | 1.40% | - | 1.09% | 1.07% | 0.89% | 1.53% | 1.04% | 1.07% | 1.38% | 1.00% | 1.06% | 1.11% | 1.05% |
Paycom Software's average Quarter net income forecast for Mar 24 is $101.70M, with a range of $81.36M to $122.04M. PAYC's average Quarter net income forecast represents a 24.39% increase compared to the company's last Quarter net income of $81.76M (Dec 23).
Paycom Software SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 9 | 10 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $181.19M | $172.99M | $182.40M | $169.18M | $152.75M | $151.81M | - | $135.50M | $125.11M | $129.72M | $122.04M | $108.95M | $119.20M | $102.66M | $96.90M | $95.15M | $80.15M | $72.79M |
| Avg Forecast | $259.92M | $240.99M | $236.48M | $268.73M | $236.98M | $219.20M | $214.54M | $244.65M | $213.63M | $197.62M | $193.16M | $149.90M | $186.81M | $181.48M | $176.03M | $136.27M | $162.30M | $159.63M | $136.66M | $123.89M | $116.99M | $145.12M | $79.72M | $105.12M | $111.66M | $74.66M | $96.90M | $89.87M | $71.93M | $69.53M |
| High Forecast | $261.01M | $242.00M | $237.47M | $269.84M | $237.97M | $220.11M | $215.44M | $245.67M | $214.52M | $198.49M | $193.96M | $179.88M | $187.47M | $181.71M | $176.76M | $163.53M | $162.98M | $191.55M | $136.66M | $148.66M | $140.39M | $174.14M | $95.66M | $126.14M | $133.99M | $89.60M | $116.28M | $107.84M | $86.32M | $83.43M |
| Low Forecast | $259.38M | $240.49M | $235.99M | $268.16M | $236.48M | $218.74M | $214.09M | $244.14M | $213.18M | $197.17M | $192.75M | $119.92M | $186.19M | $181.25M | $175.66M | $109.02M | $161.96M | $127.70M | $136.66M | $99.11M | $93.59M | $116.09M | $63.77M | $84.09M | $89.33M | $59.73M | $77.52M | $71.89M | $57.55M | $55.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.95% | 1.04% | 1.24% | 0.94% | 0.95% | - | 1.09% | 1.07% | 0.89% | 1.53% | 1.04% | 1.07% | 1.38% | 1.00% | 1.06% | 1.11% | 1.05% |
Paycom Software's average Quarter SG&A projection for Mar 24 is $149.90M, based on 9 Wall Street analysts, with a range of $119.92M to $179.88M. The forecast indicates a -17.27% fall compared to PAYC last annual SG&A of $181.19M (Dec 23).
Paycom Software EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 9 | 10 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.43 | $1.30 | $1.11 | $2.06 | $1.38 | $0.90 | - | $1.58 | $0.84 | $0.52 | $0.90 | $1.12 | $0.42 | $0.48 | $0.50 | $1.09 | $0.79 | $0.68 |
| Avg Forecast | $2.48 | $2.09 | $2.13 | $3.16 | $2.20 | $1.90 | $1.87 | $2.76 | $1.95 | $1.61 | $1.62 | $2.45 | $1.78 | $1.62 | $1.60 | $2.36 | $1.48 | $1.18 | $1.12 | $1.75 | $1.08 | $0.90 | $0.83 | $1.42 | $0.79 | $0.55 | $0.62 | $1.26 | $0.77 | $0.67 |
| High Forecast | $2.50 | $2.10 | $2.15 | $3.17 | $2.21 | $1.91 | $1.88 | $2.78 | $1.96 | $1.76 | $1.63 | $2.46 | $1.83 | $1.68 | $1.60 | $2.37 | $1.49 | $1.19 | $1.12 | $1.77 | $1.10 | $0.91 | $0.84 | $1.43 | $0.80 | $0.56 | $0.63 | $1.27 | $0.78 | $0.68 |
| Low Forecast | $2.47 | $2.08 | $2.13 | $3.15 | $2.19 | $1.89 | $1.86 | $2.76 | $1.95 | $1.53 | $1.61 | $2.44 | $1.65 | $1.60 | $1.59 | $2.35 | $1.48 | $1.18 | $1.12 | $1.73 | $1.07 | $0.89 | $0.82 | $1.40 | $0.79 | $0.55 | $0.62 | $1.25 | $0.77 | $0.66 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 0.80% | 0.70% | 0.87% | 0.93% | 0.76% | - | 0.90% | 0.78% | 0.58% | 1.08% | 0.79% | 0.53% | 0.87% | 0.80% | 0.87% | 1.02% | 1.01% |
According to 9 Wall Street analysts, Paycom Software's projected average Quarter EPS for Mar 24 is $2.45, with a low estimate of $2.44 and a high estimate of $2.46. This represents a 71.20% increase compared to PAYC previous annual EPS of $1.43 (Dec 23).
Paycom Software Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| U | Unity Software | $19.91 | $64.97 | 226.32% | Hold |
| PAYC | Paycom Software | $169.38 | $349.50 | 106.34% | Buy |
| SNOW | Snowflake | $113.67 | $206.83 | 81.96% | Buy |
| TEAM | Atlassian | $163.74 | $237.67 | 45.15% | Buy |
| DDOG | Datadog | $109.26 | $138.49 | 26.75% | Buy |
| HUBS | HubSpot | $491.17 | $595.44 | 21.23% | Buy |
| SHOP | Shopify | $72.45 | $86.12 | 18.87% | Buy |
| WDAY | Workday | $250.05 | $264.91 | 5.94% | Buy |
| INTU | Intuit | $655.31 | $689.00 | 5.14% | Buy |
| TTD | Trade Desk | $106.06 | $107.41 | 1.27% | Buy |
| CRM | Salesforce | $254.57 | $257.76 | 1.25% | Buy |
| NOW | ServiceNow | $878.95 | $728.75 | -17.09% | Buy |
PAYC Forecast FAQ
Is Paycom Software a good buy?
Yes, according to 12 Wall Street analysts, Paycom Software (PAYC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 50.00% of PAYC's total ratings.
What is PAYC's price target?
Paycom Software (PAYC) average price target is $349.5 with a range of $167 to $550, implying a 106.34% from its last price of $169.38. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Paycom Software stock go up soon?
According to Wall Street analysts' prediction for PAYC stock, the company can go up by 106.34% (from the last price of $169.38 to the average price target of $349.5), up by 224.71% based on the highest stock price target, and down by -1.41% based on the lowest stock price target.
Can Paycom Software stock reach $300?
PAYC's average twelve months analyst stock price target of $349.5 supports the claim that Paycom Software can reach $300 in the near future.
What are Paycom Software's analysts' financial forecasts?
Paycom Software's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.07B (high $2.08B, low $2.07B), average EBITDA is $685.47M (high $688.32M, low $684.02M), average net income is $495.6M (high $498.28M, low $494.25M), average SG&A $915.37M (high $919.18M, low $913.45M), and average EPS is $8.73 (high $8.78, low $8.71). PAYC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.28B (high $2.29B, low $2.27B), average EBITDA is $753.43M (high $756.56M, low $751.84M), average net income is $559.85M (high $562.87M, low $558.31M), average SG&A $1.01B (high $1.01B, low $1B), and average EPS is $9.86 (high $9.91, low $9.83).
Did the PAYC's actual financial results beat the analysts' financial forecasts?
Based on Paycom Software's last annual report (Dec 2023), the company's revenue was $1.69B, beating the average analysts forecast of $1.68B by 1.09%. Apple's EBITDA was $523.06M, missing the average prediction of $557.79M by -6.23%. The company's net income was $340.79M, missing the average estimation of $376.31M by -9.44%. Apple's SG&A was $705.75M, beating the average forecast of $680.59M by 3.70%. Lastly, the company's EPS was $5.91, missing the average prediction of $7.36 by -19.66%. In terms of the last quarterly report (Dec 2023), Paycom Software's revenue was $434.6M, beating the average analysts' forecast of $422.5M by 2.86%. The company's EBITDA was $125.94M, missing the average prediction of $139.89M by -9.97%. Paycom Software's net income was $81.76M, missing the average estimation of $101.03M by -19.07%. The company's SG&A was $181.19M, missing the average forecast of $186.81M by -3.01%. Lastly, the company's EPS was $1.43, missing the average prediction of $1.78 by -19.64%