**Dayforce (DAY)** has been a focal point in the market due to various catalysts. The company has been undergoing a significant shift, with its acquisition by **Thoma Bravo** being approved by shareholders, with 88.4% of votes. This follows recent share price stability and an evaluation of valuation. **Barclays** maintains a hold rating and a target price of $70.
Despite missing Q3 earnings estimates, the company's shares have seen continual rises, peaking with a 26% soar following the announcement of acquisition talks. Despite legal challenges regarding the merger, the **$12 billion deal** has been perceived positively, propelling Dayforce stock values upwards.
Additionally, the company has announced new products, notably the **Dayforce AI Workspace** which strategically integrates AI with workforce management capabilities. However, Dayforce has faced critique regarding its full year sales guidance missing expectations.
Amidst these developments, notable shareholder, Price T Rowe, has sold shares worth $3.4 million, opposing the acquisition. Dayforce's potential to go private and its collaboration with Microsoft to transform HCM workflows with AI are key developments.
Dayforce DAY News Analytics from Wed, 07 May 2025 07:00:00 GMT to Thu, 13 Nov 2025 13:19:40 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 2
