JPMorgan Cuts Paycom Software Price Target to $140 From $220

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JPMorgan has reduced its price target for Paycom Software (PAYC) to $140 from $220. This adjustment follows a trend of several other financial institutions, including Deutsche Bank, BTIG Research, Barclays, BMO Capital, Jefferies, Stifel, Cantor Fitzgerald, Citigroup, Mizuho, Guggenheim, TD Cowen, KeyBanc, and Baird, also lowering their price targets for the company. The widespread revisions come after Paycom Software’s Q4 2025 earnings report and their forecast for weak 2026 revenue.

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