NYSE: PAYC

Paycom Software (PAYC) Stock Analysis & Forecast

Sep 28 close

$220.58+0.12 (+0.1%)

Gekko Brief

AI summary

Paycom Software's stock has drifted this week amid small daily moves, trading near USD 225 before easing to a close of $220.58, as broader market swings in the Nasdaq Composite and S&P 500 weighed on sentiment. Analyst activity has been notable, with KeyBanc and KeyCorp both raising price targets to $280, citing confidence in margin expansion and product innovation, even as the broader consensus target sits lower at $218.88 with an average Hold rating. A securities fraud lawsuit deadline notice from Hagens Berman also circulated among the week's headlines.

The stock trades above both its 50-day ($206.99) and 200-day ($153.73) moving averages, reflecting a supportive longer-term trend, though the 1-month return stands at -6.9% against stronger 3-month and 6-month gains of 73.4% and 88.4%. The GekkoIndex reads 57.8, placing PAYC in the Neutral zone, while the current price sits about 3% above the Gekko Fair Value of $214.25.

Looking ahead, Paycom's next earnings report is scheduled for 4 November 2026, 36 days away, placing it outside a typical 20-trading-day holding window. No insider, Congress, or unusual options activity appears in the recent window. Seasonality data shows the next 20 trading days have historically averaged a -2% return over 5 years, with gains occurring in only 1 of those years, a factor worth noting alongside the stock's typical 20-day move of 7.1%.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Paycom Software price vs fair value

$220.58$214.25Sep ’25Mar ’26Sep ’26
Close $220.58200-day averageGekko Fair Value $214.25

Paycom Software quick facts

Market cap
$9.94B
P/E ratio
23.4
Forward P/E
16.7
EPS, TTM
$9.44
Revenue, TTM
$2.14B
Profit margin
22.8%
Dividend yield
0.68%
Beta
0.79
Volume
483,276 avg 764,451
1-year return
+2.7%
Typical daily move
±3.1%
Typical 20-day move
±7.1%
50-day average
$206.99
200-day average
$153.73
Next earnings
Nov 4 after close
Shares outstanding
45.07M
52-week range
$104.90$244.98

Paycom Software swing-trade checklist

Paycom Software scores 2 supportive, 2 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive2 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $220.58 is above the 50-day ($206.99) and 200-day ($153.73) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    57.8, Neutral

    Reading 57.8 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    3.0% above

    Price is within 5% of Gekko Fair Value (3% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 36 days

    Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −2.0% on average

    From this point in the calendar, the next 20 trading days averaged −2% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Paycom Software stock chart and price history

Paycom Software closed at $220.58 on Sep 28, 2026, +2.7% over the past year, inside a 52-week range of $104.90 to $244.98.

Close50-day average200-day averageVolume
Paycom Software share price, past year, with 50-day and 200-day moving averages and volume$125$150$175$200NovDecJan 2026FebMarAprMayJunJulAugSep220.58

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.9%
3 months
+73.4%
6 months
+88.4%
1 year
+2.7%
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About Paycom Software

Paycom Software builds a cloud-based human capital management platform aimed at small and mid-sized businesses in the United States. The software is delivered as a subscription service and covers the full arc of employment, from recruiting and onboarding through payroll, scheduling, benefits and eventual offboarding. It is particularly known for combining these human resources functions into one connected system rather than offering them as separate tools.

The platform is organized around distinct functional areas that customers can draw on as needed. These include hiring and onboarding tools such as applicant tracking and background checks, time and labor features like scheduling and location tracking, payroll processing with direct payment and tax administration, and performance and development tools such as self-service portals and analytics reporting. Additional modules handle compliance, benefits enrollment, manager approvals, internal communication, and document management, giving employers a wide set of HR functions accessible from a single system.

Paycom Software was established in 1998 and is headquartered in Oklahoma City, Oklahoma. Its shares are listed on the NYSE under the ticker PAYC.

Listed
NYSE
Sector
Technology services
Industry
Packaged software
Website
paycom.com

Paycom Software GekkoIndex: the smart money zone

Paycom Software’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 57.8, in the Neutral zone, up 4.8 points over five sessions.

010057.8Neutral

Up 4.8 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying53−2.7%−3.6%−3.7%−5.4%
Accumulation260+0.3%−0.1%−0.8%−1.4%
Neutral (current zone)326+0.6%+1.4%+3.7%+9.0%
Distribution24+1.6%+5.2%+3.0%−10.3%
Selling9Too few readings yet

Average PAYC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the PAYC price, zone by zone.Track PAYC in Gekko

Is Paycom Software stock overvalued? Gekko Fair Value

Paycom Software trades 3.0% above Gekko Fair Value of $214.25, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Paycom Software shares are worth, recalculated every trading day.

$214.25

Gekko Fair Value, Sep 26, 2026

3.0% above fair value · About fair value

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open PAYC in Gekko

Paycom Software insider and Congress trading

No open-market insider purchases were filed for Paycom Software, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for PAYC in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every PAYC insider filing, plotted on the chart in Gekko.Open PAYC in Gekko

Congress trades last 90 days

No trades in PAYC were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for PAYC, plotted on the chart in Gekko.Open PAYC in Gekko

Buybacks

Paycom Software has been buying back its own shares.

Latest authorization
$2.00B, May 4, 2026
Bought back, quarter ended Jun 30, 2026
$1.39B
As a share of market cap
13.98%
Trailing four quarters
$2.77B

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds PAYC.

0added0opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Paycom Software earnings: next date and track record

Paycom Software reports on Nov 4, 2026, after the close (36 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±10.7%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

+24.8%Oct ’24+4.2%Feb ’25+9.5%May ’25+4.5%Aug ’25−9.8%Nov ’25−4.1%Feb ’26+5.1%May ’26+23.2%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
Paycom's Q2 2026 earnings call highlighted strong financial performance, product innovation, operational efficiencies, capital return to shareholders, and ongoing AI-enabled automation. Management emphasized broad-based revenue growth (total revenue $531M, +10% YoY; recurring revenue $505M, +11% YoY), margin expansion (adjusted EBITDA margin 44.2%, +320 bps YoY), GAAP net income growth (20% to $107M), and non-GAAP earnings of $128M. Management credited platform automation, product enhancements (Project Arc, IWant AI, Career and Succession Planning, Asset Management), and internal efficiencies for improved margins and faster rep ramping. They repurchased ~11M shares year-to-date ($1.4B) and declared a quarterly dividend. Guidance included expected free cash flow >$650M for 2026, CapEx around 6% of revenue, GAAP tax rate ~29% and non-GAAP tax rate ~27%, and stock-based comp ~3% of revenues. Management reiterated expectation to exceed their initial 2026 plan on revenue and profitability. Risks mentioned were general caution about forward-looking statements and macro uncertainty around interest rates, but management indicated minimal impact from rate moves; no significant new risks were raised. Overall tone was confident and moderately to strongly positive, with Q&A responses direct and measured. Investors asked about drivers of strength, AI's role, sales productivity, bookings, seasonality, product contributions, R&D/G&A dynamics, managed services, and headcount/labor efficiency. Call closed with leadership thanking employees and noting upcoming conferences.
Guidance
Free cash flow expected to exceed $650 million in 2026; CapEx approximately 6% of revenue for 2026; GAAP tax rate ~29%, non-GAAP tax rate ~27%; stock-based compensation expected ~3% of revenues; board approved quarterly dividend $0.375 per share payable in early September; management expects to exceed initial 2026 plan on revenue and profitability. Also commentary that interest rate assumptions assume no change for the year and minimal impact if rates change.
Risks flagged
Forward-looking statements subject to risks and uncertainties as discussed in SEC filings; potential macro uncertainty around interest rates (management assumed no change through year); general statement that actual results may differ materially from forward-looking statements. No new specific operational risks were emphasized during the call.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$2.34
est $1.87
+25.1%$531.2M
est $513.1M
+3.5%+23.2%
May 6, 2026$3.15
est $2.96
+6.4%$571.9M
est $564.4M
+1.3%+5.1%
Feb 11, 2026$2.45
est $2.45
0.0%$544.3M
est $543.0M
+0.2%−4.1%
Nov 5, 2025$1.94
est $1.95
−0.5%$493.3M
est $492.9M
+0.1%−9.8%
Aug 6, 2025$2.06
est $1.78
+15.7%$483.6M
est $472.0M
+2.5%+4.5%
May 7, 2025$2.80
est $2.57
+8.9%$530.5M
est $525.0M
+1.0%+9.5%
Feb 12, 2025$2.32
est $1.97
+17.8%$493.8M
est $481.1M
+2.6%+4.2%
Oct 30, 2024$1.67
est $1.61
+3.7%$451.9M
est $481.6M
−6.2%+24.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Paycom Software stock forecast and analyst price targets

Analysts’ average 12-month price target for Paycom Software is $218.88, −0.8% from the last close, from 17 firms rating the stock in the last 90 days.

$218.88consensus 12-month target, −0.8% from the last close
Low $160High $285
Buy6
Hold11
Sell0

Each firm’s latest rating in the last 90 days: 17 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 21KeyBancBuy, maintained$280+26.9%
Sep 8CitiHold, maintained$194−12.1%
Sep 1UBSBuy, maintained$285+29.2%
Aug 25J.P. MorganHold, reiterated$264+19.7%
Aug 7CitiHold, maintained$194−12.1%
+3.7%average 20-day move after past Neutral readings
−2.0%average move over the next 20 trading days in the last 5 years
±3.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Paycom Software seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Paycom Software averaged −2.0% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

+7.3%2021−0.2%2022−7.3%2023+0.5%2024−8.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.9%4 of 5
Next 10 trading days−2.1%2 of 5
Next 15 trading days−2.1%1 of 5
Next 20 trading days−2.0%1 of 5
Next 30 trading days−4.7%1 of 5

For scale, PAYC’s typical 20-trading-day move in either direction is about 7.1%.

Paycom Software market cap and key statistics

Paycom Software’s market cap is $9.94B, with a P/E ratio of 23.4 and revenue of $2.14B over the last twelve months.

Valuation

Market cap
$9.94B
P/E ratio
23.4
Forward P/E
16.7
EPS, TTM
$9.44
Gekko Fair Value
$214.25

Trading

Volume
483,276
Avg volume, 20 days
764,451
52-week high
$244.98
52-week low
$104.90
Shares outstanding
45.07M

Financials

Revenue, TTM
$2.14B
Profit margin
22.8%
Return on equity
41.1%
Quarterly earnings growth, YoY
+48.1%

Risk and income

Beta
0.79
Typical daily move
±3.1%
Typical 20-day move
±7.1%
Dividend yield
0.68%

Paycom Software peers

Paycom Software’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+0.7%Neutral17.3% above
PLTRPalantir Technologies+0.7%Neutral15.7% above
ORCLOracle−0.1%Accumulation25.9% below
PANWPalo Alto Networks+5.8%Neutral16.1% above
CRWDCrowdStrike+4.2%Neutral27.2% above
CRMSalesforce+1.0%Neutral5.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Paycom Software stock FAQ

What is Paycom Software’s market cap?

Paycom Software’s market cap is $9.94B at the Sep 28, 2026 close of $220.58, with 45.07M shares outstanding. The shares trade on a P/E ratio of 23.4.

What is the Paycom Software stock forecast?

The consensus analyst 12-month price target for Paycom Software is $218.88, −0.8% from the last close. Of the 17 firms that rated the stock in the last 90 days, 6 rate it a buy, 11 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Paycom Software stock overvalued or undervalued?

On Gekko’s estimate Paycom Software is about fair value: the Sep 28, 2026 close of $220.58 is 3.0% above Gekko Fair Value of $214.25. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Paycom Software report earnings next?

Paycom Software is expected to report on Nov 4, 2026, after the market closes (36 days away). Analysts expect earnings of $2.82 per share on revenue of $536.1M. Paycom Software beat the earnings estimate in 6 of its last 8 reports, moving 10.7% on average across the report.

What is Paycom Software’s 52-week high and low?

Paycom Software’s 52-week high is $244.98 and its 52-week low is $104.90; it closed at $220.58 on Sep 28, 2026, +2.7% over the past year. Over the last five years the shares peaked at $558.97 on Nov 2, 2021.

Is Paycom Software stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (trend and earnings risk), 2 as mixed (gekkoindex and fair value) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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