Tiger Brokers

BUZZ-Paycom falls after forecasting 2026 revenue below estimates

Reuters
Yesterday
BUZZ-Paycom falls after forecasting 2026 revenue below estimates

** Shares of payroll processor Paycom Software PAYC.N down 9.2% to $107.74 premarket

** Co forecasts 2026 revenue of $2.18 bln to $2.20 bln, below analysts' avg. estimate of $2.23 bln - LSEG data

** At least seven brokerages trimmed PT on PAYC after its results

** BITG cuts co's PT from $195 to $140; says PAYC’s 2026 revenue outlook signals a sharper slowdown in incremental revenue growth

** Despite softer guidance, brokerage highlights improving fundamentals like client count rose 5% YoY and revenue retention improved to 91% in 2025, helped by stronger adoption of its IWant HR-automation tools

** Seven out of 22 analysts rate stock "buy" or higher, 15 rate it "hold"; median PT at $140 - data compiled by LSEG

** As of last close, PAYC stock down 25.5% YTD, following a 22.25% fall in 2025

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))

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