Paycom Software stock gains on strong Q2 figures

Paycom Software stock (US70432V1026) closed at USD 226.32 on September 18, 2026, up 0.12 percent for the session and within a 52-week range of USD 104.90 to USD 244.98. The shares also carried a market capitalization of USD 10.20 billion and volume of 2.40 million shares.

Q2 2026 beat stands out

Paycom Software reported Q2 2026 revenue of USD 531.2 million, up 9.8 percent from the same quarter a year earlier, and EPS of USD 2.78, which beat consensus by USD 0.40, according to MarketBeat. That combination matters for investors because it pairs double-digit profit outperformance with mid-single-digit top-line growth.

MarketBeat also shows trailing-twelve-month EPS of USD 9.41, a forward P/E of 21.25 and a consensus rating of Hold. The consensus price target is USD 214.23, which sits 5.3 percent below the latest close.

UBS target lifts sentiment

According to ad hoc news on September 18, 2026, UBS kept a Buy rating and lifted its price target for Paycom Software from USD 205.00 to USD 285.00, a 39.0 percent increase. The same report says Paycom Software stock traded around USD 226.06 on Nasdaq that day, leaving the UBS target above the market price and well above the consensus target.

The report also cited Q2 2026 net margin of 22.78 percent and return on equity of 37.06 percent. For a payroll and human capital management group, that margin profile supports the market's focus on earnings quality rather than only revenue growth.

Chart stays elevated

Paycom Software stock is still trading close to the upper end of its 52-week band, with the latest close USD 18.66 below the high and USD 121.42 above the low. The stock also rose 42.0 percent from its start-of-year level of USD 159.40 to the latest USD 226.32 close.

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