KeyBanc lowered the firm’s price target on Paycom (PAYC) to $195 from $250 to reflect recent valuation pullback, while keeping an Overweight rating on the shares. The firm notes Paycom reported slightly better Q4 results, finishing 2025 on a positive note, with improvements around retention and client count growth, and sales capacity expansion. That said, the company issued rather underwhelming 2026 recurring growth outlook of 7.5%, a considerable deceleration from the 11.3% exiting Q4.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAYC:
- Paycom: Solid Fundamentals and Improving Cash Generation Tempered by Soft Growth Outlook Supporting Hold Rating
- Paycom price target lowered to $180 from $210 at Guggenheim
- Paycom price target lowered to $130 from $190 at Jefferies
- Balancing Near‑Term Caution and Long‑Term Opportunity: Why Paycom Remains a Hold
- Closing Bell Movers: Cisco falls 7% after earnings