10 Stocks That Could 10X Over the Next 5 Years

8. Paycom Software, Inc. (NYSE:PAYC)

Paycom Software, Inc. (NYSE:PAYC) ranks among the stocks that could 10x over the next 5 years. On March 6, Cantor Fitzgerald reduced its price target for Paycom Software, Inc. (NYSE:PAYC) to $135 while keeping a Neutral rating on the company’s shares. The firm recognized management’s commitment to share buybacks but voiced doubts about the company’s financial situation.

The firm stated that the company has $200 million available for potential share buybacks to offset any sell-off pressure in the software-as-a-service industry. This move follows about $1.45 billion in total share repurchases since July 2024. Cantor Fitzgerald expects roughly $190 million in cash flow from operations in Q1 of fiscal 2026.

Meanwhile, Guggenheim reduced its target for Paycom Software, Inc. (NYSE:PAYC) to $180, citing the company’s 2026 revenue growth projection of 7-8%, which fell short of the 9.8% consensus. Despite this, the firm noted several positive signs, including higher annual revenue retention.

Paycom Software, Inc. (NYSE:PAYC) offers a cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies.