Cantor Fitzgerald Has Lowered Expectations for Paycom Software (NYSE:PAYC) Stock Price

Paycom Software (NYSE:PAYC) had its target price lowered by equities research analysts at Cantor Fitzgerald from $135.00 to $115.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the software maker’s stock. Cantor Fitzgerald’s price target suggests a potential downside of 8.41% from the company’s previous close.

A number of other analysts have also recently weighed in on the company. BMO Capital Markets lowered their price objective on Paycom Software from $175.00 to $137.00 and set a “market perform” rating for the company in a research report on Thursday. Zacks Research cut Paycom Software from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Weiss Ratings downgraded Paycom Software from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 3rd. Citigroup cut their price objective on shares of Paycom Software from $191.00 to $185.00 and set a “neutral” rating on the stock in a report on Tuesday, December 23rd. Finally, Mizuho lowered their target price on shares of Paycom Software from $180.00 to $120.00 and set a “neutral” rating for the company in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Paycom Software currently has an average rating of “Hold” and an average target price of $168.57.

Paycom Software Stock Performance

NYSE:PAYC opened at $125.56 on Thursday. The company’s 50-day simple moving average is $150.22 and its 200-day simple moving average is $184.09. Paycom Software has a fifty-two week low of $104.90 and a fifty-two week high of $267.76. The stock has a market capitalization of $7.07 billion, a P/E ratio of 15.52, a P/E/G ratio of 1.25 and a beta of 0.79.

Paycom Software (NYSE:PAYC) last posted its earnings results on Wednesday, February 11th. The software maker reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.44 by $0.01. The company had revenue of $544.30 million during the quarter, compared to analysts’ expectations of $542.79 million. Paycom Software had a net margin of 22.10% and a return on equity of 24.25%. Paycom Software’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.32 earnings per share. On average, research analysts forecast that Paycom Software will post 7.15 EPS for the current year.

Insiders Place Their Bets

In other Paycom Software news, CFO Robert D. Foster sold 1,300 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $162.66, for a total transaction of $211,458.00. Following the completion of the transaction, the chief financial officer directly owned 14,747 shares of the company’s stock, valued at approximately $2,398,747.02. This trade represents a 8.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 10.90% of the company’s stock.

Institutional Trading of Paycom Software

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. CYBER HORNET ETFs LLC acquired a new position in Paycom Software during the second quarter valued at $29,000. Caitlin John LLC acquired a new position in shares of Paycom Software in the 3rd quarter valued at about $29,000. MUFG Securities EMEA plc purchased a new stake in shares of Paycom Software in the second quarter worth about $33,000. Steigerwald Gordon & Koch Inc. purchased a new position in Paycom Software during the third quarter valued at approximately $31,000. Finally, Brown Brothers Harriman & Co. lifted its holdings in Paycom Software by 190.6% in the fourth quarter. Brown Brothers Harriman & Co. now owns 154 shares of the software maker’s stock valued at $25,000 after acquiring an additional 101 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Key Headlines Impacting Paycom Software

Here are the key news stories impacting Paycom Software this week:

• Positive Sentiment: Q4 results topped estimates: PAYC reported $2.45 EPS and revenue up ~10% y/y, beating consensus and showing margin expansion — supportive near‑term fundamentals. Article Title
• Positive Sentiment: Independent study highlights product ROI: A Forrester‑commissioned study found Paycom’s IWant AI delivers significant three‑year ROI for clients — a credibility boost for growth/product story. Article Title
• Positive Sentiment: Some analysts remain bullish: Guggenheim, KeyCorp and BTIG maintained buy/overweight views (despite trimming targets), signaling pockets of conviction that upside remains for longer‑term investors. Article Title
• Neutral Sentiment: Market commentary and idea pieces: Several outlets (Zacks, Seeking Alpha, Barchart) frame PAYC as a potential value/recovery play after the selloff — useful for investors assessing risk/reward but not immediate catalysts. Article Title
• Negative Sentiment: Weak 2026 revenue guidance spooked investors: Paycom’s FY‑2026 revenue outlook was perceived as conservative/short of consensus, which triggered the initial selloff and remains the primary negative catalyst. Article Title
• Negative Sentiment: Multiple analyst price‑target cuts and neutral/hold moves: Several firms (Citigroup, Jefferies, Cantor Fitzgerald, Mizuho, BMO and others) lowered targets and moved to neutral/hold — increasing selling pressure and signaling reduced near‑term expectations. Article Title
• Negative Sentiment: Shares reached a fresh near‑term low after guidance and analyst reactions, amplifying momentum selling and headline sensitivity. Article Title

Paycom Software Company Profile

Paycom Software, Inc (NYSE: PAYC) is a cloud-based human capital management (HCM) software provider that delivers an end-to-end solution for human resources, payroll, talent acquisition, time and labor management, and talent management. Its single-database platform enables organizations to process payroll, track time, administer benefits, and manage recruiting and employee development through a unified system. Paycom’s software is designed to streamline administrative tasks, improve data accuracy, and provide real-time reporting and analytics to support strategic HR decisions.

The company’s core offerings include payroll processing with built-in tax compliance, employee self-service functionality, automated time tracking, and customizable talent acquisition tools that allow employers to create and post job requisitions, screen candidates, and conduct onboarding electronically.