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NYSE:PAYC
Paycom (PAYC)
Financials 
Technical Analysis 
Jun 19, 2026, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
Paycom, designated by the symbol PAYC-N, has faced significant challenges over the past year, resulting in a steep decline of 35% in its stock value. This downturn is exacerbated by the increasing competition within the sector, as rivals also struggle and see diminished performance. The company is set to exit from the S&P, a move that reflects the growing concerns about its market position and long-term sustainability. Investors are advised to closely monitor Paycom's ability to navigate these competitive pressures, as the company's future prospects appear uncertain. Overall, the outlook remains cautious, and stakeholders may need to reevaluate their positions in light of these developments.
New position that recently bought. Stock price off all time highs, which has presented a buying opportunity. Typically able to grow earnings ~20%. Very sticky revenue model that is recurring monthly. Churn of customer base also very low. Looking to buy more shares.
Jason Del VicarioEPS of $1.77 beat estimates of $1.61 and revenues of $406M missed estimates of $411.15M. PAYC shares fell significantly following its earnings release, after weaker-than-expected Q3 revenue and a soft Q4 guidance. Analysts noted 'Beti cannibalization' as their reasons for downgrading the stock. Beti is the company's software that allows employees to do their own payroll and are guided to find and fix errors before payroll submission. Beti is leading customers to spend less on services and unscheduled payroll runs, negatively impacting monetization opportunities for PAYC.
It is a well-run company and has good fundamentals. Software is sticky, and if customers are finding its Beti product useful, then it may allow for growth in new clients, while being partially offset by the cannibalization factors. It trades at a historically cheap valuation (20.3X forward earnings), but much revolves around expectations for the future. We think long-term it can perform well, but unless management can talk to the eroding services revenue resulting from Beti, this may trade sideways for a few quarters or more. We think it can come back from this large decline.
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Paycom (PAYC) Frequently Asked Questions
What is Paycom stock symbol?
Paycom is a American stock, trading under the symbol PAYC (previously PAYC-N on Stockchase) on the New York Stock Exchange (PAYC). It is usually referred to as NYSE:PAYC or PAYC
Is Paycom a buy or a sell?
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on PAYC (previously PAYC-N on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for Paycom.
Is Paycom a good investment or a top pick?
Paycom was recommended as a Top Pick by Cameron Hurst on 2018-06-08. Read the latest stock experts ratings for Paycom.
Why is Paycom stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Paycom.
Is Paycom worth watching?
Paycom is followed by 26 investors on Stockchase and is a trending stock that is worth watching.
What is Paycom stock price?
On 2026-06-18, Paycom (PAYC) stock closed at a price of $124.85.
Is -35% in the past year. Faces too many competitors who are being gutted, too. Is leaving the S&P.