Paycom Software (PAYC) News Today

Paycom Software, Inc. (NYSE:PAYC) shares have risen amid multiple analyst price‐target increases and strong Q2 results. Key developments include:

• Positive Sentiment: JPMorgan Chase & Co. raised its price target on PAYC from $215 to $235 while maintaining a neutral rating.JPMorgan Price Target Raise
• Positive Sentiment: KeyCorp upped its price objective from $285 to $290 and maintained an overweight rating.KeyCorp Rating Update
• Positive Sentiment: Barclays increased its target on PAYC shares from $240 to $250 with an equal‐weight rating.Barclays Price Objective Raise
• Positive Sentiment: BMO Capital Markets lifted its price objective from $244 to $258 and kept a market‐perform rating.BMO Capital Markets Update
• Positive Sentiment: Paycom’s Q2 earnings and revenue surpassed Wall Street estimates, driving a stock jump of about 10%.Zacks Q2 Earnings Beat
• Positive Sentiment: Automation tools “Beti” and “GONE” helped Q2 recurring revenues climb 12.2%.Zacks Recurring Revenue Report
• Positive Sentiment: The company issued FY2025 revenue guidance of $2.0–$2.1 billion versus consensus of $2.0 billion, indicating potential upside.
• Neutral Sentiment: Paycom’s relative price performance has improved but still trails its peer benchmark.MSN Performance Analysis
• Neutral Sentiment: Bloomberg’s “Stock Movers” podcast highlighted PAYC alongside Fortinet and Lilly.Bloomberg Podcast
• Neutral Sentiment: Benzinga published an overview of five analysts’ views on Paycom’s valuation and outlook.Benzinga Analyst Roundup
• Neutral Sentiment: Investors can review the full Q2 2025 earnings call transcript for management commentary.Earnings Call Transcript
• Negative Sentiment: A Seeking Alpha analysis warns that while Paycom remains competitive, its growth prospects may be thinning.Seeking Alpha Analysis