Paylocity

PCTY

Market cap $6.23B

The mean of analysts' price targets for Paylocity (PCTY) points to a 40% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Paylocity is upgraded to a buy as its fundamentals remain robust despite a 39% share price decline since the prior hold rating. PCTY delivers strong double-digit recurring revenue growth (11.5% YoY), expanding margins, and formidable cash flow with a highly efficient, asset-light business model. Management raised FY26 guidance above consensus, targeting 10-12% revenue growth and leveraging low market penetration (~3%) for future expansion.

Five mid-cap AI infrastructure stocks, including BILL, PCTY, TDC, VSH and QRVO, offer discounted valuations amid rising AI demand.

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INDIANAPOLIS & SCHAUMBURG, Ill.--(BUSINESS WIRE)-- #EmployeeBenefits--Remodel Health integrates with Paylocity to streamline ICHRA payroll syncing, automating data, reducing errors, and improving benefits administration.

PCTY posts fiscal Q3 earnings beat as revenues climb 10.5% Y/Y, driven by recurring growth, while margins expand and new AI recruiting tools boost offerings.

The mean of analysts' price targets for Paylocity (PCTY) points to a 42.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Paylocity Holding Corporation (PCTY) Q3 2026 Earnings Call Transcript

Paylocity NASDAQ: PCTY reported fiscal third-quarter results that management said reflected continued momentum from the first half of the year, supported by what it described as strong execution during its busiest selling and service period. The company's fiscal 2026 third quarter ended March 31, 2026.

Paylocity (PCTY) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.43 per share. This compares to earnings of $2.43 per share a year ago.