Dayforce
About: Dayforce is a global technology company providing cloud-based human capital management solutions for large businesses looking to manage their payroll, tax, benefits, and talent intelligence. The company primarily services customers in the US with its flagship Dayforce platform but also services customers in select European countries as well as Australia and New Zealand. Dayforce services the Canadian HCM market with its Powerpay platform that specifically targets customers with less than 100 employees. As of fiscal 2024, the Dayforce platform accounted for almost 80% of companywide revenue and had 6,876 clients representing approximately 7.62 million employees.
Employees: 9,600
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
26% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 129
18% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 51
13% more call options, than puts
Call options by funds: $9.01M | Put options by funds: $7.99M
1% more funds holding
Funds holding: 387 [Q4 2024] → 390 (+3) [Q1 2025]
6.17% less ownership
Funds ownership: 114.9% [Q4 2024] → 108.74% (-6.17%) [Q1 2025]
24% less capital invested
Capital invested by funds: $13.2B [Q4 2024] → $10B (-$3.12B) [Q1 2025]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
15%
downside
Avg. target
$69
17%
upside
High target
$95
61%
upside
7 analyst ratings
4 positive
57%
2 neutral
29%
1 negative
14%
Needham Scott Berg | 61%upside $95 | Buy Reiterated | 30 Jun 2025 |
Wells Fargo Michael Turrin | 15%downside $50 | Underweight Downgraded | 13 Jun 2025 |
UBS | 22%upside $72 | Buy Maintained | 5 Jun 2025 |
Jefferies Samad Samana | 10%upside $65 | Hold Maintained | 23 May 2025 |
Citigroup Steven Enders | 19%upside $70 | Buy Maintained | 8 May 2025 |
Financial journalist opinion
Based on 6 articles about DAY published over the past 30 days
Neutral
GlobeNewsWire
2 weeks ago
Dayforce to Announce Second Quarter 2025 Financial Results on August 6th and Participate in Upcoming Investor Conferences
MINNEAPOLIS and TORONTO, July 16, 2025 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE:DAY) (TSX:DAY), a global human capital management (HCM) leader that makes work life better, announced today the date for the release of its second quarter 2025 earnings and its participation at upcoming investor conferences. Second Quarter 2025 Earnings Date Dayforce will release second quarter 2025 financial results before the open of regular market trading on Wednesday, August 6, 2025.
Neutral
GlobeNewsWire
2 weeks ago
Dayforce Unveils Discover 2025: Discover the Work You're Meant to Do
Registration now open for unmissable experience with Tracee Ellis Ross, Salman Khan, and a packed agenda of inspiring stories, speakers, and sessions from October 6-9 at Wynn Las Vegas Registration now open for unmissable experience with Tracee Ellis Ross, Salman Khan, and a packed agenda of inspiring stories, speakers, and sessions from October 6-9 at Wynn Las Vegas
Neutral
GlobeNewsWire
2 weeks ago
Dayforce Research: Taming Friction Key to Simplifying Workplace Complexity
88% of respondents say there is friction in their work environment, including ineffective communication, overly complicated processes, and lack of resources 88% of respondents say there is friction in their work environment, including ineffective communication, overly complicated processes, and lack of resources
Positive
Zacks Investment Research
3 weeks ago
Payroll Stocks to Watch as June's Jobs Report Comes in Strong
Payroll stocks stood out Thursday as June's Jobs Report came in stronger than expected, marking the 11th consecutive month that the U.S. has exceeded expectations for positive job creation.
Neutral
GlobeNewsWire
4 weeks ago
Dayforce offre aux PME canadiennes les moyens de réussir grâce à Powerpay par Dayforce
TORONTO, July 02, 2025 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE : DAY; TSX : DAY), un chef de file mondial en gestion du capital humain qui améliore la vie au travail, a annoncé aujourd'hui le repositionnement de marque de sa solution de gestion de la paie et de gestion des RH pour les PME sous le nom de Powerpay par Dayforce, ce qui signifie que l'entreprise met l'accent sur une nouvelle approche stratégique et s'engage de manière continue à répondre aux besoins uniques et en constante évolution de plus de 46 000 clients à travers le Canada.
Neutral
GlobeNewsWire
4 weeks ago
Dayforce Empowers Canadian Small and Mid-Sized Businesses with Powerpay by Dayforce
TORONTO, July 02, 2025 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced the rebranding of its payroll and HR solution for Canadian small and mid-sized businesses (SMBs) as Powerpay by Dayforce, signaling a renewed strategic focus and ongoing commitment to meeting the unique and evolving needs of its more than 46,000 customers across Canada.
Neutral
Business Wire
2 months ago
Rimini Street Launches Rimini Manage™ for Dayforce
LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it has been appointed as a Dayforce (NYSE: DAY) Community Partner and has launched Rimini Manage™ for Dayforce with immediate availability. Manage and Extend Dayforce with One Trusted Partner Rimini Manage for Dayforce includes services fo.
Neutral
GlobeNewsWire
2 months ago
Hubexo Selects Dayforce for Workforce Transformation
LONDON, May 14, 2025 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced that Hubexo, a global leader in construction data and technology, has selected Dayforce to consolidate its disparate HR systems, provide a single source of truth for its people operations, and deliver a best-in-class offering to colleagues around the world.
Negative
Seeking Alpha
2 months ago
Dayforce: No Compelling Reason To Stay Invested (Downgrade)
Shares of Dayforce no longer look appealing as valuation multiples against peers have compressed. I'm downgrading the stock to a neutral rating. The company faces the risk of falling interest rates as well as declining headcount levels at many U.S. companies, hurting its seat-based software and payroll products. The stock's ~5x forward revenue and ~15x forward adjusted EBITDA multiples are now fairly priced for its prospects.
Neutral
Seeking Alpha
2 months ago
Dayforce Inc. (DAY) Q1 2025 Earnings Call Transcript
Dayforce Inc. (NYSE:DAY ) Q1 2025 Earnings Conference Call May 7, 2025 8:00 AM ET Company Participants David Niederman - Vice President, Investor Relations David Ossip - Chief Executive Officer Jeremy Johnson - Chief Financial Officer Conference Call Participants Siti Panigrahi - Mizuho Securities Scott Berg - Needham & Company Mark Marcon - Baird Mark Murphy - JPMorgan Kevin McVeigh - UBS Samad Samana - Jefferies Raimo Lenschow - Barclays Jared Levine - TD Cowen Steven Enders - Citigroup Ryan Krieger - Wolfe Research Brad Reback - Stifel Daniel Jester - BMO Capital Markets Zane Meehan - KeyBanc Capital Markets Bhavin Shah - Deutsche Bank Michael Turrin - Wells Fargo Allan Verkhovski - Scotiabank Operator Greetings, and welcome to the Dayforce First Quarter 2025 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded.
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