With a market cap of $9.2 billion, Dayforce Inc. (DAY) is a leading cloud-based Human Capital Management (HCM) platform headquartered in Minneapolis. Founded in 1992, it serves over 7 million users across more than 50 countries and employs approximately 9,600 staff. Its unified suite offers payroll, HR, time and attendance, workforce management, talent, benefits, and analytics, all powered by AI and real-time data
Companies valued between $2 billion and $10 billion are generally labeled as “mid-cap stocks,” and Dayforce fits this criterion perfectly. Its architecture enables continuous calculation and AI-powered insights, providing clients with improved accuracy, compliance, and efficiency. The company’s global presence, serving customers in over 50 countries, and ability to scale across complex enterprise environments further enhance its market position
However, DAY stock has fallen 33.5% from its 52-week high of $82.69 met on Nov. 25. Over the past three months, Dayforce slipped 8.6%, underperforming the S&P 500 Index’s ($SPX) 5.5% uptick during the same time frame.
In 2025, Dayforce declined 24.3%, in contrast to the S&P 500’s 3.6% gain. Over the past 52 weeks, the stock has risen 10.7%, though it still trails the S&P 500’s 11.4% advance during the same period.
DAY has remained below its 200-day moving average since late February and has recently slipped beneath its 50-day moving average, signaling continued weakness in momentum.
On May 7, Dayforce posted Q1 2025 results, with adjusted EPS of $0.58 and revenue reaching $481.8 million, both exceeding expectations. However, the stock slid 6.4% after the company issued a softer Q2 revenue forecast of $454 million to $460 million, falling short of Street estimates. The earlier announcement in February of a 5% workforce reduction further pointed to underlying cost pressures, despite the company’s ongoing revenue growth.
Its key rival, Alkami Technology, Inc. (ALKT), has outperformed DAY, with a smaller year-to-date decline of 20% and a stronger 10.8% gain over the past 12 months.
