Paylocity stock holds firm after Q2 beat and $153.34 open

Paylocity Holding Corporation (US70436Y1038) opened at $153.34 on August 24, 2026, after the company posted adjusted earnings of $1.84 a share and revenue of $444.7 million for the quarter reported on August 4, 2026.

Q2 revenue set the pace

The quarter beat consensus on both lines, with adjusted EPS of $1.84 versus $1.62 expected and revenue of $444.7 million versus $431.5 million expected, according to the same August 4, 2026 market summary. Revenue rose 11% year over year, a clear comparison that helps frame why the stock still carries a moderate-buy consensus and a $160.53 average target in market data.

Market value and consensus

MarketBeat put the company's market cap at $8.14 billion and its beta at 0.47 on August 24, 2026. That combination of a mid-8 billion-dollar valuation and a relatively low beta leaves Paylocity positioned more as a steady software name than a high-volatility payroll trade.

Payroll software remains the core

Paylocity's cloud platform centers on payroll, human capital management, and workforce tools for mid-sized employers, with recurring software revenue tied to customer retention and product depth. The business model matters because the August 4, 2026 quarter showed both profit leverage and top-line growth at the same time.

Stock view into the session

Paylocity stock traded from an August 24, 2026 open of $153.34, with the market cap at $8.14 billion in the same snapshot. The August 4, 2026 quarter gives investors a current reference point: $1.84 in adjusted EPS and $444.7 million in revenue, both above consensus.

More on Paylocity stock

Company: Paylocity Holding Corporation

ISIN: US70436Y1038

Ticker: PCTY

Exchange: Nasdaq

Price (as of August 24, 2026, 4:00 p.m. ET): $153.34 USD

Market cap: $8.14 billion (as of August 24, 2026)

Sector / Industry: Information Technology / Software - Application

Index membership: Nasdaq-100

Investor Relations

Paylocity Holding Corporation