Paylocity (PCTY) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

PCTY Stock Forecast


Paylocity stock forecast is as follows: an average price target of $215.00 (represents a 34.77% upside from PCTY’s last price of $159.53) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

PCTY Price Target


The average price target for Paylocity (PCTY) is $215.00 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $320.00 to $145.00. This represents a potential 34.77% upside from PCTY's last price of $159.53.

PCTY Analyst Ratings


Buy

According to 16 Wall Street analysts, Paylocity's rating consensus is 'Buy'. The analyst rating breakdown for PCTY stock is 0 'Strong Buy' (0.00%), 9 'Buy' (56.25%), 7 'Hold' (43.75%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Paylocity Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 05, 2024Daniel JesterBMO Capital$175.00$156.2711.99%9.70%
Aug 02, 2024Brad RebackStifel Nicolaus$205.00$151.5535.27%28.50%
Jul 31, 2024Terry TillmanTruist Financial$195.00$148.6531.18%22.23%
Jul 19, 2024Jason CelinoKeyBanc$171.00$140.8921.37%7.19%
Jun 23, 2024Samad SamanaJefferies$145.00$135.986.63%-9.11%
Jun 18, 2024Mark MarconRobert W. Baird$195.00$133.8745.66%22.23%
May 03, 2024Arvind RamnaniPiper Sandler$194.00$171.8812.87%21.61%
May 03, 2024Josh BeckKeyBanc$200.00$171.9516.31%25.37%
Feb 03, 2023-Piper Sandler$297.00$226.0431.39%86.17%
Aug 08, 2022-Wolfe Research$290.00$255.2613.61%81.78%
Row per page
Go to

The latest Paylocity stock forecast, released on Sep 05, 2024 by Daniel Jester from BMO Capital, set a price target of $175.00, which represents a 11.99% increase from the stock price at the time of the forecast ($156.27), and a 9.70% increase from PCTY last price ($159.53).

Paylocity Price Target by Period


1M3M12M
# Anlaysts168
Avg Price Target$175.00$181.00$185.00
Last Closing Price$159.53$159.53$159.53
Upside/Downside9.70%13.46%15.97%

In the current month, the average price target of Paylocity stock is $175.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 9.70% increase as opposed to Paylocity's last price of $159.53. This month's average price target is down -3.31% compared to last quarter, and down -5.41% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 05, 2024Cowen & Co.BuyBuyHold
Sep 05, 2024Piper SandlerMarket OutperformMarket OutperformHold
Sep 05, 2024NeedhamUnderperformUnderperformHold
Sep 05, 2024BMO CapitalOutperformOutperformHold
Aug 02, 2024NeedhamBuyBuyHold
Aug 02, 2024Cowen & Co.BuyBuyHold
Jul 19, 2024KeyBancOverweightOverweightHold
Jul 16, 2024Piper SandlerBuyBuyHold
Jul 16, 2024NeedhamUnderperformUnderperformHold
Jun 23, 2024JefferiesHoldHoldHold
Row per page
Go to

Paylocity's last stock rating was published by Cowen & Co. on Sep 05, 2024. The company gave PCTY a "Buy" rating, the same as its previous rate.

Paylocity Financial Forecast


Paylocity Revenue Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Revenue--------------$326.36M$317.59M$308.45M$339.86M$273.01M$253.28M-$245.97M$196.04M$181.70M$167.45M$186.05M$146.33M$135.79M$130.59M$171.65M
Avg Forecast$503.43M$568.26M$451.26M$446.73M$421.82M$478.69M$391.40M$387.16M$378.17M$430.62M$357.10M$356.39M$350.29M$397.23M$324.58M$316.43M$301.59M$333.16M$259.68M$239.83M$217.96M$241.65M$188.63M$174.09M$162.17M$185.26M$143.40M$134.02M$126.58M$166.28M
High Forecast$505.19M$570.26M$452.84M$448.30M$423.29M$480.37M$392.78M$388.52M$379.49M$432.14M$358.35M$357.67M$351.51M$398.62M$326.24M$319.41M$302.64M$334.33M$260.59M$240.67M$217.96M$245.82M$191.89M$177.09M$164.97M$188.45M$145.88M$136.34M$128.76M$169.15M
Low Forecast$502.16M$566.83M$450.12M$445.60M$420.75M$477.48M$390.42M$386.19M$377.21M$429.54M$356.19M$355.57M$349.40M$396.23M$323.14M$314.81M$300.82M$332.32M$259.02M$239.23M$217.96M$239.66M$187.08M$172.66M$160.84M$183.74M$142.23M$132.92M$125.54M$164.92M
# Analysts666612111098781364916891277914881010101010
Surprise %--------------1.01%1.00%1.02%1.02%1.05%1.06%-1.02%1.04%1.04%1.03%1.00%1.02%1.01%1.03%1.03%

Paylocity's average Quarter revenue forecast for Mar 24 based on 4 analysts is $397.23M, with a low forecast of $396.23M, and a high forecast of $398.62M. PCTY's average Quarter revenue forecast represents a 21.71% increase compared to the company's last Quarter revenue of $326.36M (Dec 23).

Paylocity EBITDA Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts666612111098781364916891277914881010101010
EBITDA--------------$49.71M$41.19M$49.35M$95.76M$33.03M$21.36M-$60.41M$19.83M$21.46M$19.91M$49.94M$16.81M$13.43M$16.15M$57.75M
Avg Forecast$93.21M$105.21M$83.55M$82.71M$78.10M$88.63M$72.47M$71.68M$70.02M$79.73M$66.12M$65.99M$64.86M$64.82M$60.10M$58.59M$55.84M$51.24M$48.08M$9.44M$38.38M$40.50M$8.72M$8.58M$25.59M$34.28M$8.14M$7.88M$8.20M$47.02M
High Forecast$93.54M$105.58M$83.84M$83.00M$78.37M$88.94M$72.72M$71.94M$70.26M$80.01M$66.35M$66.22M$65.08M$77.78M$60.40M$59.14M$56.03M$61.49M$48.25M$11.33M$38.38M$48.61M$10.47M$10.30M$30.71M$41.14M$9.76M$9.45M$9.84M$56.43M
Low Forecast$92.97M$104.95M$83.34M$82.50M$77.90M$88.41M$72.29M$71.50M$69.84M$79.53M$65.95M$65.83M$64.69M$51.85M$59.83M$58.29M$55.70M$40.99M$47.96M$7.55M$38.38M$32.40M$6.98M$6.87M$20.47M$27.43M$6.51M$6.30M$6.56M$37.62M
Surprise %--------------0.83%0.70%0.88%1.87%0.69%2.26%-1.49%2.27%2.50%0.78%1.46%2.07%1.70%1.97%1.23%

4 analysts predict PCTY's average Quarter EBITDA for Mar 24 to be $64.82M, with a high of $77.78M and a low of $51.85M. This is 30.40% upper than Paylocity's previous annual EBITDA (Dec 23) of $49.71M.

Paylocity Net Income Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts666612111098781364916891277914881010101010
Net Income--------------$38.12M$34.52M$90.78M$57.62M$15.60M$30.35M-$34.85M$9.85M$30.93M$11.88M$36.83M$9.64M$12.46M$4.95M$40.13M
Avg Forecast$134.08M$175.78M$114.79M$106.91M$92.25M$133.64M$86.28M$84.46M$82.08M$122.15M$80.00M$80.15M$73.47M$37.58M$72.54M$64.12M$65.15M$29.71M$41.89M$13.61M$30.32M$23.48M$4.34M$12.37M$15.28M$25.29M$4.67M$7.31M$2.51M$32.68M
High Forecast$134.70M$176.58M$115.32M$107.40M$92.67M$134.25M$86.68M$84.84M$82.46M$122.70M$80.37M$85.38M$73.80M$45.09M$84.54M$77.06M$65.45M$35.65M$42.08M$16.33M$30.32M$28.18M$5.20M$14.85M$18.33M$30.35M$5.60M$8.77M$3.02M$39.21M
Low Forecast$133.64M$175.20M$114.42M$106.56M$91.95M$133.20M$86.00M$84.18M$81.81M$121.75M$79.74M$76.67M$73.23M$30.06M$66.55M$56.25M$64.94M$23.76M$41.76M$10.89M$30.32M$18.79M$3.47M$9.90M$12.22M$20.23M$3.73M$5.85M$2.01M$26.14M
Surprise %--------------0.53%0.54%1.39%1.94%0.37%2.23%-1.48%2.27%2.50%0.78%1.46%2.07%1.70%1.97%1.23%

Paylocity's average Quarter net income forecast for Mar 24 is $37.58M, with a range of $30.06M to $45.09M. PCTY's average Quarter net income forecast represents a -1.41% decrease compared to the company's last Quarter net income of $38.12M (Dec 23).

Paylocity SG&A Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts666612111098781364916891277914881010101010
SG&A--------------$123.12M$130.32M$121.85M$121.44M$123.69M$121.56M-$97.38M$91.80M$85.12M$79.04M$71.13M$67.10M$64.32M$61.05M$60.21M
Avg Forecast$212.87M$240.29M$190.81M$188.90M$178.36M$202.41M$165.50M$163.71M$159.91M$182.09M$151.00M$150.70M$148.12M$105.02M$137.25M$133.80M$127.53M$83.02M$109.80M$37.45M$95.54M$65.63M$40.39M$34.05M$101.62M$48.83M$32.48M$37.73M$30.99M$49.03M
High Forecast$213.62M$241.13M$191.48M$189.56M$178.99M$203.12M$166.09M$164.29M$160.47M$182.73M$151.53M$151.24M$148.64M$126.02M$137.95M$135.06M$127.97M$99.62M$110.19M$44.94M$95.54M$78.75M$48.47M$40.86M$121.94M$58.60M$38.97M$45.28M$37.19M$58.84M
Low Forecast$212.34M$239.68M$190.33M$188.42M$177.91M$201.90M$165.09M$163.30M$159.50M$181.63M$150.62M$150.35M$147.74M$84.02M$136.64M$133.12M$127.20M$66.42M$109.53M$29.96M$95.54M$52.50M$32.31M$27.24M$81.30M$39.07M$25.98M$30.19M$24.79M$39.22M
Surprise %--------------0.90%0.97%0.96%1.46%1.13%3.25%-1.48%2.27%2.50%0.78%1.46%2.07%1.70%1.97%1.23%

Paylocity's average Quarter SG&A projection for Mar 24 is $105.02M, based on 4 Wall Street analysts, with a range of $84.02M to $126.02M. The forecast indicates a -14.70% fall compared to PCTY last annual SG&A of $123.12M (Dec 23).

Paylocity EPS Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts666612111098781364916891277914881010101010
EPS--------------$0.68$0.62$1.62$1.03$0.28$0.55-$0.63$0.18$0.56$0.22$0.68$0.18$0.23$0.09$0.75
Avg Forecast$2.36$3.09$2.02$1.88$1.62$2.35$1.52$1.48$1.44$2.15$1.41$1.41$1.29$1.98$1.28$1.13$1.15$1.53$0.74$0.64$0.53$0.91$0.42$0.38$0.30$0.67$0.25$0.15$0.13$0.70
High Forecast$2.37$3.10$2.03$1.89$1.63$2.36$1.52$1.49$1.45$2.16$1.41$1.50$1.30$1.99$1.49$1.35$1.15$1.54$0.74$0.64$0.53$0.93$0.43$0.39$0.31$0.68$0.26$0.15$0.13$0.71
Low Forecast$2.35$3.08$2.01$1.87$1.62$2.34$1.51$1.48$1.44$2.14$1.40$1.35$1.29$1.98$1.17$0.99$1.14$1.53$0.73$0.64$0.53$0.90$0.41$0.38$0.30$0.66$0.25$0.15$0.13$0.69
Surprise %--------------0.53%0.55%1.41%0.67%0.38%0.86%-0.69%0.43%1.46%0.74%1.02%0.71%1.52%0.71%1.07%

According to 4 Wall Street analysts, Paylocity's projected average Quarter EPS for Mar 24 is $1.98, with a low estimate of $1.98 and a high estimate of $1.99. This represents a 191.91% increase compared to PCTY previous annual EPS of $0.68 (Dec 23).

Paylocity Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PROPROS$17.84$41.00129.82%Buy
PYCRPaycor HCM$13.89$23.1166.38%Hold
TEAMAtlassian$163.74$237.6745.15%Buy
PCTYPaylocity$159.53$215.0034.77%Buy
DDOGDatadog$109.26$138.4926.75%Buy
HUBSHubSpot$491.17$595.4421.23%Buy
ALKTAlkami$30.17$34.5014.35%Buy
BSYBentley Systems$49.57$53.006.92%Buy
PWSCPowerSchool$22.76$24.085.80%Hold
TTDTrade Desk$106.06$107.411.27%Buy
SSNCSS&C Technologies$74.74$74.50-0.32%Buy
AZPNAspen$225.21$220.00-2.31%Buy
CWANClearwater Analytics$24.01$22.50-6.29%Buy
TYLTyler$581.96$538.60-7.45%Buy
MLNKMeridianLink$23.86$20.00-16.18%Buy
NOWServiceNow$878.95$728.75-17.09%Buy
BLKBBlackbaud$84.77$48.00-43.38%Buy

PCTY Forecast FAQ


Yes, according to 16 Wall Street analysts, Paylocity (PCTY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 56.25% of PCTY's total ratings.

Paylocity (PCTY) average price target is $215 with a range of $145 to $320, implying a 34.77% from its last price of $159.53. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PCTY stock, the company can go up by 34.77% (from the last price of $159.53 to the average price target of $215), up by 100.59% based on the highest stock price target, and down by -9.11% based on the lowest stock price target.

PCTY's average twelve months analyst stock price target of $215 supports the claim that Paylocity can reach $200 in the near future.

1 Wall Street analyst forecast a $175 price target for Paylocity (PCTY) this month, up 9.70% from its last price of $159.53. Compared to the last 3 and 12 months, the average price target increased by 13.46% and increased by 15.97%, respectively.

Paylocity's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $1.68B (high $1.68B, low $1.67B), average EBITDA is $310.88M (high $311.97M, low $310.1M), average net income is $396.63M (high $398.44M, low $395.33M), average SG&A $709.99M (high $712.48M, low $708.2M), and average EPS is $6.97 (high $7, low $6.95). PCTY's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $1.97B (high $1.98B, low $1.96B), average EBITDA is $364.69M (high $365.97M, low $363.77M), average net income is $531.57M (high $533.99M, low $529.82M), average SG&A $832.88M (high $835.8M, low $830.77M), and average EPS is $9.34 (high $9.39, low $9.31).

Based on Paylocity's last annual report (Jun 2023), the company's revenue was $1.17B, which missed the average analysts forecast of $1.35B by -13.14%. Apple's EBITDA was $155.03M, missing the average prediction of $202.98M by -23.62%. The company's net income was $140.82M, missing the average estimation of $180.68M by -22.06%. Apple's SG&A was $488.54M, beating the average forecast of $453.34M by 7.76%. Lastly, the company's EPS was $2.53, missing the average prediction of $4.59 by -44.84%. In terms of the last quarterly report (Dec 2023), Paylocity's revenue was $326.36M, beating the average analysts' forecast of $324.58M by 0.55%. The company's EBITDA was $49.71M, missing the average prediction of $60.1M by -17.29%. Paylocity's net income was $38.12M, missing the average estimation of $72.54M by -47.46%. The company's SG&A was $123.12M, missing the average forecast of $137.25M by -10.30%. Lastly, the company's EPS was $0.68, missing the average prediction of $1.28 by -46.67%