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An update from Paycom ( (PAYC) ) is now available.
On March 12, 2026, Paycom Payroll, LLC increased the aggregate commitments under its existing credit agreement by $461.6 million, expanding its senior secured revolving credit facility to $1.46 billion. The core terms of the original July 29, 2022 credit agreement remain unchanged under this supplement, preserving the existing framework with JPMorgan Chase Bank, N.A. and other lenders.
As of March 12, 2026, Paycom had drawn approximately $675 million under the enlarged revolving facility, signaling substantial use of the available liquidity for its corporate purposes. The upsized facility strengthens the company’s access to capital, potentially enhancing its financial flexibility and supporting future operational or strategic initiatives without altering previously agreed financing terms.
The most recent analyst rating on (PAYC) stock is a Buy with a $150.00 price target. To see the full list of analyst forecasts on Paycom stock, see the PAYC Stock Forecast page.
Spark’s Take on PAYC Stock
According to Spark, TipRanks’ AI Analyst, PAYC is a Outperform.
PAYC scores well primarily on strong financial quality (high margins, strong cash generation, and a conservative balance sheet) and a largely constructive earnings outlook despite guided growth deceleration. The score is tempered by a mixed technical picture (longer-term downtrend with only neutral-to-improving momentum) and only moderate—not bargain—valuation support.
To see Spark’s full report on PAYC stock, click here.
More about Paycom
Paycom Software, Inc., through its wholly owned subsidiary Paycom Payroll, LLC, operates in the financial technology sector, providing payroll and human capital management solutions. The company uses a senior secured revolving credit facility as part of its capital structure to support liquidity and ongoing operational and strategic needs.
Average Trading Volume: 1,582,115
Technical Sentiment Signal: Sell
Current Market Cap: $7.07B
See more insights into PAYC stock on TipRanks’ Stock Analysis page.