Paycom Software stock draws analyst targets after Q2 guidance raise

Published on 09/29/2026 at 06:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Paycom Software stock was last at USD 220.58 after Paycom raised its 2026 outlook. Q2 revenue reached USD 531.2 million, up 10 percent, while UBS targets USD 285.00.

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Paycom Software stock was last at USD 220.58 on the NYSE on September 28, 2026, at 4:00 p.m. ET, with a daily gain of 0.05 percent. The latest catalyst is the companys raised 2026 outlook after second-quarter revenue increased 10 percent year over year.

Guidance rises after Q2 growth

According to Yahoo Finance on August 5, 2026, Paycom reported Q2 2026 revenue of USD 531.2 million, up 10 percent from the comparable prior-year period. GAAP net income rose 20 percent to USD 107.0 million, or USD 2.34 in diluted earnings per share.

The operating leverage was visible in adjusted EBITDA of USD 235.0 million and an adjusted EBITDA margin of 44.2 percent, a 320 basis point year-over-year improvement. Paycom also expects full-year 2026 revenue of USD 2.197 billion to USD 2.212 billion and adjusted EBITDA of USD 1.007 billion to USD 1.022 billion.

Analyst targets move higher

Investing.com reported on September 1, 2026, that UBS raised its Paycom price target to USD 285.00 from USD 205.00 while maintaining a Buy rating. The same report cited adjusted EPS of USD 2.78 against consensus of USD 2.38 for Q2 2026.

The target change puts the analyst view above the latest market price, but the broader valuation picture is mixed. Investing.com lists an average 12-month target of USD 218.88, which is USD 1.70 below the September 28 price, while KeyBancs target stood at USD 280.00 on September 21, 2026.

Stock stays below yearly high

Paycoms share price remained within a wide 52-week range of USD 104.90 to USD 244.98 on September 28, 2026. The latest price was USD 24.40 below the high, while trading volume reached 483,337 shares and market capitalization stood at USD 9.9 billion.

For investors, the central test is whether margin expansion can offset the slower growth embedded in the 2026 outlook. Paycom expects recurring and other revenue to rise 8 percent to 9 percent in 2026, while adjusted EBITDA margin is projected at 46 percent at the midpoint of guidance.

Next results date approaches

Paycoms next earnings date is November 3, 2026. Until then, the market has two measurable reference points: Q2 revenue growth of 10 percent and a full-year revenue range of USD 2.197 billion to USD 2.212 billion.