Paycom Software, Inc. (NYSE:PAYC) is one of the Oversold Fundamentally Strong Stocks to Buy Right Now. On January 8, TD Cowen analyst Jared Levine reduced the price objective on the company’s stock to $184 from $200 while keeping a “Buy” rating, as reported by The Fly. Notably, the firm updated estimates to reflect the latest Fed Funds rate expectations as well as thoughts ahead of the upcoming Q4 2025 results.
In a different update, Citi reduced the price objective on Paycom Software, Inc.’s stock to $185 from $191, while keeping a “Neutral” rating, as reported by The Fly. Notably, the firm adjusted models in the broader application software group after meeting with the management of companies. The analyst added that companies have been witnessing a stable but uncertain demand environment amidst relief from the reopening of the US government.
Elsewhere, BTIG analyst Allan Verkhovski upgraded Paycom Software, Inc.’s stock to “Buy,” setting a price objective of $195. As per the analyst, despite the disappointing Q3 2025 results, the market has been underestimating Paycom Software, Inc.’s ability to sustain a double-digit recurring revenue growth.
Paycom Software, Inc. offers a cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies.
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This article is originally published at Insider Monkey.
