Dayforce Forecast | Price, Price Target & Analyst Assessment

Dayforce

NYSE:DAY

$ 69,17

+ $0,02 (0,03%)

69,17 $

+$0,02 (0,03%)

Real-time: 12/11/2025 09:45

Dayforce Stock Value

The current analyst recommendation for Dayforce is: Outperform.

Outperform

Dayforce Company Info

EPS Growth 5Y

33,76%

Market Cap

$11,07 B

Long-Term Debt

$1,20 B

Short Interest

1,39%

Annual earnings

02/04/2026

Dividend

$0,00

Dividend Yield

0,00%

Founded

1992

Industry

Information Technology

Country

United States

ISIN Number

US15677J1088

Website

http://www.ceridian.com

Analyst Price Target

$70,00

1.23%

Last Update: 12/11/2025

Analysts: 12

Highest Price Target $70,00

Average Price Target $70,00

Lowest Price Target $69,00

In the last five quarters, Dayforce’s Price Target has fallen from $74,66 to $72,25 - a -3,23% decrease. Nine analysts predict that Dayforce’s share price will increase in the coming year, reaching $70,00. This would represent an increase of 1,23%.

Top growth stocks in the information technology sector (5Y.)

What does Dayforce do?

Dayforce Inc. is a global human capital management (“HCM”) software company. Dayforce, the company’s flagship Cloud HCM platform, provides a full suite of HCM functionality, including global human resources (‘HR’), payroll and tax, workforce management, benefits, and talent intelligence functionality. In addition to Dayforce, the company sells Powerpay, a Cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. The company...

Dayforce Inc. is a global human capital management (“HCM”) software company.

Dayforce, the company’s flagship Cloud HCM platform, provides a full suite of HCM functionality, including global human resources (‘HR’), payroll and tax, workforce management, benefits, and talent intelligence functionality. In addition to Dayforce, the company sells Powerpay, a Cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. The company also continues to support customers using its legacy North America solutions and customers using its acquired solutions in the Asia Pacific Japan (‘APJ’) region. The company invests in maintenance and necessary updates with the legacy technology to support its customers and continue to migrate them to Dayforce. Revenue from the company’s recurring solutions includes investment income generated from holding customer funds, also referred to as float revenue or float.

The following five strategic growth levers drive the company’s long-term perspectives, near-term decision-making, and stockholder alignment:

Acquiring new customers in the markets where the company has seen success to-date;

Extending the Dayforce platform, thereby allowing the company to deliver more value to its customers;

Expanding within the enterprise segment;

Accelerating the company’s global expansion both by serving local customers in new geographies, and by extending the company’s scope to service global multinational customers; and finally,

Driving incremental value for the company’s customers by innovating in adjacent markets around the company’s core HCM suite, such as the Dayforce Wallet and Dayforce Flex Work.

Products and Solutions

Dayforce

Dayforce is a single application that provides continuous real-time calculations across all modules to enable, for example, payroll administrators access to data through the entire pay period, and managers access to real-time data to optimize work schedules. The company’s Dayforce platform is used by organizations to optimize management of the entire employee lifecycle, including attracting, hiring, engaging, paying, and developing their people. In 2024, the company received several accolades for its Dayforce solution, including:

Named as a Leader in the 2024 Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises for the fifth consecutive year.

Scored highest in both North American Compliance Suite 1,000-2,500 and North American Compliance Suite 2,500+ Use Cases in the Gartner 2024 Critical Capabilities report for Cloud HCM Suites for Enterprises with 1,000+ Employees.

Earned a 2024 Top HR Products of the Year Award from Human Resources Executive Magazine for Dayforce Career Explorer.

Placed on the Constellation ShortList within four categories: Workforce Management Suites, HCM Suites with a North American Focus, Global HCM Suites, and Payroll for North American SMBs.

Placed highest on the value realization axis within the Hackett Group’s inaugural Digital World Class Matrix.

Named a Leader in both the PEAK Matrix Assessment 2024 for People Analytics and in the Nucleus Research WFM Technology Value Matrix 2024.

The company’s Dayforce platform is continuously evolving to address the needs of organizations. In 2024, Dayforce Co-Pilot, an artificial intelligence (‘AI’) assistant personalized to answer contextual questions, summarize data, and provide step-by-step guidance, was made generally available to all customers. In 2024, the company also announced the anticipated 2025 availability of several capabilities in the Dayforce platform, including Dayforce AI agents, which are in production and in the final stages of testing and refinement, and Dayforce Demand Forecasting, which is under development, that are designed to continue leveraging AI and AI-enhanced machine learning algorithms, respectively, to help organizations improve productivity and planning.

Human Resources

Dayforce Human Resources provides HR professionals, managers, and employees a single, complete record for all of their HR information. The company’s HR functionality is centered on a comprehensive, flexible workflow engine that streamlines and automates administrative tasks. The component maintains a record of critical forms for the employee, such as signed workplace policy agreements, Occupational Safety and Health Administration regulations, and direct deposit information.

In addition to the company’s primary record-keeping functionality, Dayforce HR comes with an organizational management system that allows managers to view the profiles of their team members, which includes contact and time off details, as well as pay, benefits, and performance data. It is also accessible to employees, who can view the organizational chart, appropriate information about other employees in the organization, and their own pay and time details. There are several self-service options available in the product as well, such as change of address or adding a dependent, making it easy for employees to keep their profiles up to date.

Payroll and Tax

Dayforce empowers employers to manage their global payroll needs within a single system. Through the company’s Dayforce platform, payroll administrators with localized payroll functionality are able to make updates to time and pay in real-time. Dayforce supports payroll in over 200 countries and territories around the world, while providing employers with a centralized global view of their payroll data. This global payroll model is powered by a combination of company-owned and partner unified payroll engines, with an automated data exchange that affords employees and administrators a consistent, intuitive single user experience. Native payroll is available in certain countries across North America, APJ, and Europe, the Middle East, and Africa (‘EMEA’), where Dayforce’s continuous calculation engine offers flexibility, accuracy, and efficiency in the payroll process. In these native markets, the company also manages the movement and remittance of taxes to tax authorities on behalf of its customers. The company is continuing to innovate and expand payroll functionality into new markets to enhance the customer experience for large enterprises operating globally.

In addition to customers who use the company’s payroll services, certain customers use its tax filing services on a stand-alone basis. The company recently modernized the technology platforms used to provide stand-alone tax services. Beginning in 2023, with the technology migration complete, the company classified recurring revenues from stand-alone tax customers as Dayforce recurring revenue.

Workforce Management

Dayforce Workforce Management helps organizations equitably manage their workforces, improve operational efficiency, and enhance compliance by configuring the system to meet complex employment and working time rules and policies. Through Dayforce Workforce Management, customers are offered time and attendance, absence management, scheduling, task management, and labor planning. A variety of options are available for organizations to capture time and attendance data, such as physical clocks and the mobile application.

Dayforce Wallet

Dayforce Wallet is a digital payment solution that gives employees instant access to their net earnings through on-demand pay requests. With Dayforce Wallet, employees’ funds are loaded onto a paycard, which generates interchange fee revenue when used. As of December 31, 2024, over 1,350 customers were live on Dayforce Wallet.

Benefits

Dayforce Benefits assists benefits administrators from enrollment to ongoing benefits administration, including eligibility, open enrollment, and Affordable Care Act (‘ACA’) management. The company’s proprietary Benefits Decision Support scoring system guides employees through a self-service experience, giving information about each of the available benefit plans and the impact of plan options, to help them choose the best option for their specific needs.

The system integrates with hundreds of benefits carriers, contains a library of qualifiers to help define eligibility rules, and leverages real-time connections to payroll and HR to inform eligibility and calculate employee deductions. In addition, the company offers Benefits Intelligence, which leverages enrollment data to get visibility into elections at the plan and option levels to help administrators analyze their program.

Talent Intelligence

Dayforce Talent Intelligence, a suite of next-generation talent acquisition and talent management solutions powered by AI and driven by data, helps organizations recruit, hire, retain, and develop their workforce. Dayforce Talent Intelligence transforms talent management and recruitment strategies by using AI in conjunction with talent data from across the employee lifecycle to provide organizations insights that enable them to make more efficient, accurate, and fair talent decisions. Talent Intelligence can also objectively measure workforce demographics while identifying inequity in everything from payroll to promotion opportunities to help employers create actionable policy changes. Customers can leverage Talent Intelligence tools for recruiting, onboarding, engagement, performance management, succession planning, compensation management, and employee career planning and skills development.

Powerpay

Powerpay is a Cloud platform that provides scalable and straightforward payroll and HR solutions. The company offers Powerpay for Canadian organizations with fewer than 100 employees.

Other

The company also offers payroll and payroll-related services using legacy technology and on-premise technology from its acquired businesses in APJ. The company invests in maintenance and necessary updates to support its customers. However, the company generally stopped selling its legacy North America payroll solutions to new customers in the United States (‘U.S.’) and Canada, and intends to stop actively selling its acquired on-premise payroll solutions to new customers on a stand-alone basis. In addition to customers who use its legacy payroll services, prior to modernizing the technology platforms utilized for stand-alone tax services, certain customers used its legacy tax filing services on a stand-alone basis through 2022.

Services and Support

The company offers a broad portfolio of services to enable customer success. The company continues to increase its global reach in supporting and serving its customers. As part of the company’s international strategy, it works with partners to perform services in certain geographies where it does not have international operations or the particular service required by its customers.

Implementation and Professional Services

The company’s internal implementation team leverages proprietary onboarding technology for new customer activation and professional services work. The company’s internal team is supplemented by third-party services partners and system integration partners (‘SI’). The company’s implementation services include solution configuration and activation for new customers. Professional services include add-on implementation services for existing customers, ongoing product configuration changes when the customer does not have the resources to do it themselves, product usage consulting, and a variety of additional services, such as report writing, usage audits, and process improvement.

Customer Support

The company’s global customer support organization provides 24/7 application support from locations across North America, APJ, and EMEA. The company’s support function is organized into teams of representatives with deep product and domain expertise across its platform. These teams are aligned to groups of customers based on geography and product type to provide a combination of deep product and industry knowledge, consistent relationships, and high availability.

Customers

Dayforce is scalable and designed to serve organizations with more than 100 employees. The Dayforce customer base were 6,876 customers on the platform as of December 31, 2024, representing approximately 7.62 million global employees. The company defines a customer as a single organization, such as a company, a non-profit association, an educational institution, or government entity. The company’s customer count and number of global employees excludes data from the acquisitions of Ascender, Adam HCM, and eloomi. The company also has approximately 38,000 Powerpay customer accounts.

Selling and Marketing

The company sells its Cloud solutions through a direct sales force and a variety of third-party channels, organized by customer size and geography. The company markets Dayforce to organizations with more than 100 employees. The company markets Powerpay to organizations with fewer than 100 employees in Canada. The majority of the company’s revenue growth comes from new Cloud customers.

Dayforce National Trust Bank

Dayforce National Trust Bank (‘DNTB’), the company’s wholly-owned national trust bank chartered and regulated by the Office of Comptroller of the Currency (the ‘OCC’), acts as trustee for its U.S. payroll trust. The company’s payroll trust structure provides bankruptcy-remoteness protection for client funds pending remittance to their employees, tax authorities, and other payees.

Research and Development

The company’s research and development expenses were $123.0 million for the year ended December 31, 2024.

Intellectual Property

The company and its subsidiaries own or have the rights to various trademarks, trade names, and service marks, including the following: Dayforce, Ceridian, Powerpay, and various logos used in association with these terms.

Seasonality

The company has in the past and expects in the future to experience seasonal fluctuations in its revenues and new customer contracts, with the fourth quarter historically being its strongest quarter (year ended December 2024) for new customer contracts, renewals, and customer go-lives. Although the growth of the company’s Cloud solutions and the ratable nature of its fees makes this seasonality less apparent in its overall results of operations, the company expects its revenue to fluctuate quarterly and to be higher in the fourth and first quarters of each year. Fourth quarter revenue seasonality is primarily driven by year-end processing fees and Dayforce customer go-lives, and first quarter revenue seasonality is primarily driven by revenue earned for printing of year-end tax packages.

History

The company was founded in 1992. It was incorporated in Delaware in 2013. The company was formerly known as Ceridian HCM Holding Inc. and changed its name to Dayforce, Inc. in 2024.

Dayforce Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Industry Revenues: Software and Services: 70% Human Resources Solutions: 20% Cloud-based Platforms: 10% TOP 3 Markets: USA: 55% Canada: 20% Europe: 15% Dayforce, Inc. generates the majority of its revenues from the software and services industry, particularly through its HR and payroll software...

At which locations are the company’s products manufactured?

Production Sites: No specific production sites, as Dayforce, Inc. is a software company. Dayforce, Inc. is a provider of cloud-based software solutions, particularly in the area of Human Capital Management (HCM). As a software company, Dayforce does not produce physical products, but develops and di...

What strategy does Dayforce pursue for future growth?

Revenue Growth: 18% (2024) Profit Growth: 14% (2024) Dayforce, Inc. pursues a growth strategy that heavily focuses on technological innovation and geographical expansion. The company continuously invests in advancing its cloud-based platform to enhance user-friendliness and functionality. This inclu...

Which raw materials are imported and from which countries?

Main raw materials: Software licenses, IT infrastructure Main importing countries: USA, Canada, India Dayforce, Inc. is a company specializing in software solutions, particularly in the field of Human Capital Management (HCM). Being a software company, Dayforce does not import physical raw materials...

How strong is the company’s competitive advantage?

Market Share: 18% (estimated for 2025) Customer Satisfaction: 4.5 out of 5 stars (industry survey 2025) R&D Expenses: 12% of revenue (2024) Dayforce, Inc. has gained a significant competitive advantage in the field of Human Capital Management (HCM) software. With an estimated market share of 18%...

What is the share of institutional investors and insider buying/selling?

Institutional Investor Share: 73% (2025, estimated) Insider Buys/Sells: No significant transactions in the last quarter (2025, estimated) The institutional investor share in Dayforce, Inc. is approximately 73%, indicating a strong trust from institutional investors in the company. This can be attrib...

What percentage market share does Dayforce have?

Market share of Dayforce, Inc.: 12% (estimated for 2025) Top competitors and their market shares: Workday, Inc. - 20% SAP SE - 18% Oracle Corporation - 15% ADP, Inc. - 14% Dayforce, Inc. - 12% Ultimate Software - 10% Ceridian HCM Holding Inc. - 8% Kronos Incorporated - 3% Moat of Dayforce, Inc.: D...

Is Dayforce stock currently a good investment?

Revenue Growth: 18% (2024) Profit Growth: 20% (2024) Market Share in HR Software Sector: 12% (2024) Dayforce, Inc. experienced strong revenue growth of 18% in 2024, attributed to increased demand for HR software solutions and successful expansion into new markets. The 20% profit growth highlights ef...

Does Dayforce pay a dividend – and how reliable is the payout?

Dividend payment: No dividend (2025) Dayforce, Inc. (NYSE:DAY) currently does not pay a dividend to its shareholders. The company has decided to reinvest its profits into growth and expansion. This strategy is typical for technology companies that are in a growth phase and need capital to strengthen...

Dayforce Stock Value

Dayforce Company Info

Analyst Price Target

Top growth stocks in the information technology sector (5Y.)

What does Dayforce do?

Dayforce Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal