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Dayforce Inc ( (DAY) ) just unveiled an announcement.
On September 11, 2025, Dayforce Inc. entered into a commitment agreement with Nationwide Life & Annuity Insurance Company and Nationwide Life Insurance Company to transfer its pension plan obligations to the insurer. The transaction involves purchasing a nonparticipating single premium group annuity contract, which will cover approximately 6,200 participants and beneficiaries, with the insurer assuming responsibility for pension benefits from December 1, 2025. This move will result in a one-time non-cash pre-tax pension settlement charge of approximately $170 million to $190 million in the third quarter of 2025.
The most recent analyst rating on (DAY) stock is a Hold with a $70.00 price target. To see the full list of analyst forecasts on Dayforce Inc stock, see the DAY Stock Forecast page.
Spark’s Take on DAY Stock
According to Spark, TipRanks’ AI Analyst, DAY is a Outperform.
Dayforce Inc’s overall stock score is driven by strong financial performance and a highly positive earnings call, supported by a significant merger agreement. However, the high P/E ratio and technical indicators suggesting overbought conditions temper the score.
To see Spark’s full report on DAY stock, click here.
More about Dayforce Inc
Average Trading Volume: 2,300,953
Technical Sentiment Signal: Buy
Current Market Cap: $10.87B
See more insights into DAY stock on TipRanks’ Stock Analysis page.