On Oct 31, major Wall Street analysts update their ratings for $Dayforce (DAY.US)$, with price targets ranging from $68 to $82.
Citi analyst Steve Enders maintains with a buy rating, and adjusts the target price from $75 to $81.
Wells Fargo analyst Michael Turrin maintains with a hold rating, and adjusts the target price from $58 to $68.
Needham analyst Scott Berg maintains with a buy rating, and maintains the target price at $82.
KeyBanc analyst Jason Celino maintains with a buy rating.
William Blair analyst Jake Roberge maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Dayforce (DAY.US)$'s main analysts recently are as follows:
Dayforce reported robust headline figures, surpassing revenue expectations by 2.7%, thanks to strong performance in professional services and float revenue. Analysts have expressed optimism regarding the company's consistent execution and positive future prospects, even amid interest rate worries.
The company has once more delivered a solid quarter, indicating ongoing market share gains amidst a landscape of moderating industry growth.
Dayforce exhibited improved Q3 outcomes and provided projections for Q4 that aligned with expectations. Unexpectedly, the company shared preliminary commentary on its 2025 expectations. Although Dayforce did not specify 2025 direct financial guidance, it did indicate a total revenue growth for 2025 in constant currency terms to be between 14%-15%, which is perceived as largely consistent with expectations, though it might still be subjected to investor scrutiny.
Here are the latest investment ratings and price targets for $Dayforce (DAY.US)$ from 5 analysts:
Note:
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