Paylocity upgraded by Citigroup with a new price target
$PCTY
Computer Software: Prepackaged Software
Technology
Citigroup upgraded Paylocity from Neutral to Buy and set a new price target of $231.00 from $214.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/14/2025 | $215.00 | Overweight | Cantor Fitzgerald |
| 8/6/2025 | $226.00 → $230.00 | Outperform | BMO Capital Markets |
| 7/21/2025 | $200.00 | Equal-Weight | Stephens |
| 5/2/2025 | $210.00 → $226.00 | Outperform | BMO Capital Markets |
| 4/16/2025 | $190.00 | Sector Perform | Scotiabank |
| 1/31/2025 | $200.00 → $235.00 | Neutral → Outperform | Mizuho |
| 1/16/2025 | $214.00 → $231.00 | Neutral → Buy | Citigroup |
| 10/22/2024 | $145.00 → $200.00 | Hold → Buy | Jefferies |
4 - Paylocity Holding Corp (0001591698) (Issuer)
4 - Paylocity Holding Corp (0001591698) (Issuer)
4 - Paylocity Holding Corp (0001591698) (Issuer)
144 - Paylocity Holding Corp (0001591698) (Subject)
10-K - Paylocity Holding Corp (0001591698) (Filer)
8-K - Paylocity Holding Corp (0001591698) (Filer)
Cantor Fitzgerald initiated coverage of Paylocity with a rating of Overweight and set a new price target of $215.00
BMO Capital Markets reiterated coverage of Paylocity with a rating of Outperform and set a new price target of $230.00 from $226.00 previously
Stephens initiated coverage of Paylocity with a rating of Equal-Weight and set a new price target of $200.00
Q4 2025 Recurring & Other Revenue of $369.9 million, up 14% year-over-yearQ4 2025 Total Revenue of $400.7 million, up 12% year-over-yearFY 2025 Recurring & Other Revenue of $1,471.8 million, up 15% year-over-yearFY 2025 Total Revenue of $1,595.2 million, up 14% year-over-yearRepurchased 800,000 shares of common stock for $150 million during FY 2025Increased share repurchase authorization by $500 millionAnnounced the launch of Paylocity for Finance - expands the platform's reach into the Office of the CFO, unifying HR and Finance through a single system of record SCHAUMBURG, Ill., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (NASDAQ:PCTY), a leading provider of cloud-ba
SCHAUMBURG, Ill., July 22, 2025 (GLOBE NEWSWIRE) -- Paylocity, a leading provider of cloud-based HR, payroll and spend management solutions, today announced the launch of Paylocity for Finance, a strategic expansion of its modern workforce platform into the Office of the CFO. The new product family brings finance and HR teams together through a unified system grounded in the employee record. As part of today's launch, Paylocity has integrated Airbase – an award-winning spend management solution recently recognized as a Visionary in the 2025 Gartner® Magic Quadrant™ for Accounts Payable Invoice Automation – that helps finance teams automate operations; gain real-time visibility and control
SCHAUMBURG, Ill., July 14, 2025 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (NASDAQ:PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, today announced that it has scheduled a conference call to review its fourth quarter and fiscal 2025 results on Tuesday, August 5th at 4:00 pm Central Time (5:00 pm Eastern Time). A live webcast of the call will be available on the "Investor Relations" page of the Company's website at https://investors.paylocity.com/. To access the call by phone, please click this link, and you will be provided with dial in details. A replay of the call will be available and archived via webcast at www.paylocity.com.A pres
SCHAUMBURG, Ill., March 04, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ:PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced Craig Conway has joined the Company's Board of Directors. "We are excited to welcome Craig to Paylocity's Board of Directors," said Steve Beauchamp, Co-Chief Executive Officer of Paylocity. "Craig's leadership experience in technology as a public company CEO and Board member will be a great asset to Paylocity and our Board." Mr. Conway previously served as President and Chief Executive Officer of PeopleSoft, Inc., an enterprise application software company, from 1999 to 2004. Mr. Conway also served as President and Chief Execu
SCHAUMBURG, Ill., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ:PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced Linda Breard has joined the Company's Board of Directors. "Linda is a strong addition to the Board of Directors," said Steve Beauchamp, Co-Chief Executive Officer of Paylocity. "Linda's operational experience as a public company CFO and Board member will be a great asset to our Board and executive team as we continue to grow our business." Ms. Breard has over 25 years of leadership experience in finance and accounting. Ms. Breard is a Certified Public Accountant and currently serves as a director at Insight Enterprises, Inc., a
Cloud Software Industry Veteran Michael Haske Succeeds CEO and Co-Founder John Michelsen to Lead Next Chapter of Krista's Growth Krista, a leader in conversational AI and digital process automation, announced that Michael Haske will join the company as Chief Executive Officer (CEO) effective today. Haske, previously the President and Chief Operating Officer at Paylocity and prior CEO of Aircall, will succeed Krista Co-Founder & CEO John Michelsen. Michelsen founded Krista in 2020 and has led the global company from a pioneer to leading player in AI integration platform as a service. Michelsen will remain on the board and continue to serve as Chief Product Officer to the company. Haske j
SC 13G/A - Paylocity Holding Corp (0001591698) (Subject)
SC 13G/A - Paylocity Holding Corp (0001591698) (Subject)
SC 13G/A - Paylocity Holding Corp (0001591698) (Subject)
Q4 2025 Recurring & Other Revenue of $369.9 million, up 14% year-over-yearQ4 2025 Total Revenue of $400.7 million, up 12% year-over-yearFY 2025 Recurring & Other Revenue of $1,471.8 million, up 15% year-over-yearFY 2025 Total Revenue of $1,595.2 million, up 14% year-over-yearRepurchased 800,000 shares of common stock for $150 million during FY 2025Increased share repurchase authorization by $500 millionAnnounced the launch of Paylocity for Finance - expands the platform's reach into the Office of the CFO, unifying HR and Finance through a single system of record SCHAUMBURG, Ill., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (NASDAQ:PCTY), a leading provider of cloud-ba
SCHAUMBURG, Ill., July 14, 2025 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (NASDAQ:PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, today announced that it has scheduled a conference call to review its fourth quarter and fiscal 2025 results on Tuesday, August 5th at 4:00 pm Central Time (5:00 pm Eastern Time). A live webcast of the call will be available on the "Investor Relations" page of the Company's website at https://investors.paylocity.com/. To access the call by phone, please click this link, and you will be provided with dial in details. A replay of the call will be available and archived via webcast at www.paylocity.com.A pres
Q3 2025 Recurring & Other Revenue of $421.1 million, up 15% year-over-yearQ3 2025 Total Revenue of $454.5 million, up 13% year-over-year SCHAUMBURG, Ill., May 01, 2025 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (NASDAQ:PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, today announced financial results for the third quarter of fiscal year 2025, which ended March 31, 2025. "Our solid results continued into the third quarter of fiscal 25, with recurring revenue growth of 15%, total revenue growth of 13% and increased revenue and profitability guidance for the fiscal year. We continue to see strong channel performance, as referrals, pri