
Paylocity Hlds (PCTY) Stock Forecast & Price Target
Paylocity Hlds (PCTY) Analyst Ratings
Bulls say
Paylocity Holding demonstrated strong growth in fiscal 2025, increasing its client base by 7% to reach 41,650 clients, indicating a positive trend in market demand. The company's realized average revenue per user (ARPU) also rose by 8% to $35,337, reflecting enhanced engagement and value delivery to existing clients. Furthermore, the adjusted free cash flow margin improved significantly from 11.9% in FY23 to 14.5% in FY25, highlighting Paylocity's increasing operational efficiency and financial health.
Bears say
Paylocity Holding's recurring and other revenue growth has slowed to 14.8% in fiscal 2025, a decline from the 16.7% growth experienced in fiscal 2024, indicating a potential deceleration in the company's revenue momentum. Additionally, ADP's data reveals a concerning trend in net job additions, which have declined over 20% year-over-year through August 2025, particularly impacting smaller organizations, which could hinder Paylocity's growth prospects given its focus on midmarket customers. The combination of slowing revenue growth and challenging labor market conditions suggests potential headwinds for Paylocity's future performance.
This aggregate rating is based on analysts' research of Paylocity Hlds and is not a guaranteed prediction by Public.com or investment advice.
Paylocity Hlds (PCTY) Analyst Forecast & Price Prediction
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