
Dayforce Inc (DAY) Stock Forecast & Price Target
Dayforce Inc (DAY) Analyst Ratings
Bulls say
Dayforce has demonstrated strong financial performance with a total revenue increase of 16.4% year-over-year and a significant growth in recurring revenue ex-float of 19.1%, signaling robust demand for its cloud-based human capital management solutions. The company also reported a recurring revenue per customer of $163,101 for the trailing twelve months, reflecting an 11% year-over-year increase, and add-on sales accounted for over 40% of total bookings, highlighting effective cross-selling strategies. For fiscal year 2025, Dayforce has guided revenue ex-float growth between 11.9% and 12.8%, further indicating a positive trajectory for the company's financial health.
Bears say
Dayforce’s financial outlook is concerning due to a downward revision in Float revenue guidance to $180 million, which represents a decline of approximately $20 million from FY24 projections. The company's full suite attach rates for new sales bookings have also decreased significantly to 42%, down from 51% in the previous quarter, indicating weakening sales performance. Additionally, operating cash flow and free cash flow both experienced year-over-year declines of $8.9 million and $9.6 million, respectively, further compounding the negative trend in financial metrics.
This aggregate rating is based on analysts' research of Dayforce Inc and is not a guaranteed prediction by Public.com or investment advice.
Dayforce Inc (DAY) Analyst Forecast & Price Prediction
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