Dayforce has been making significant strides, particularly within the Canadian Small and Mid-Sized Business market through their new Powerpay platform. While the HR Solution firm managed to maintain a 'Buy' rating and $95 Price Target, the recent sale of $38k in stocks by an insider was a point of interest. This mixed trend was reflected in Analysts' opinions being divided on Dayforce stocks in comparison to others in the technology sector. It is noteworthy to mention that investors saw a decrease in value of 30% over the past five years. Despite better than expected sales in Q1, the stock dropped. This was followed by another downgrade from Wells Fargo due to competitive challenges. Wall Street analysts however predict a potential 40.52% upside. The company is set to see immense growth in the employment sector with the securement of a major HCM deal - 2,400 employees across 25 countries will benefit from their AI-Powered Workforce Platform. However, advice from industry experts shift between buying now or waiting for Q1 earnings results. Despite a record in revenue growth, the company's Q1 earnings did not exactly meet expectations.
Dayforce DAY News Analytics from Fri, 16 Mar 2018 07:00:00 GMT to Sat, 05 Jul 2025 10:11:52 GMT -
