Paychex Stock Forecast

Stock Price Forecast

The 12 analysts that cover Paychex stock have a consensus rating of "Hold" and an average price target of $144.58, which forecasts a 16.16% increase in the stock price over the next year. The lowest target is $128 and the highest is $165.

Price Target: $144.58 (+16.16%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$128	$144.58	$142	$165
Change	+2.84%	+16.16%	+14.09%	+32.57%

Analyst Ratings

The average analyst rating for Paychex stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	10	9	9	9	9	10
Sell	2	2	1	1	1	2
Strong Sell	0	0	0	0	0	0
Total	12	11	10	10	10	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Kupferberg Wells Fargo	Wells Fargo	Sell Initiates $128	Sell	Initiates	$128	+2.84%	Oct 22, 2025
James Faucette Morgan Stanley	Morgan Stanley	Hold Maintains $132 → $133	Hold	Maintains	$132 → $133	+6.86%	Oct 20, 2025
Charles Nabhan Stephens & Co.	Stephens & Co.	Hold Initiates $135	Hold	Initiates	$135	+8.46%	Oct 7, 2025
James Faucette Morgan Stanley	Morgan Stanley	Hold Maintains $148 → $132	Hold	Maintains	$148 → $132	+6.05%	Oct 1, 2025
Daniel Jester BMO Capital	BMO Capital	Hold Maintains $143 → $140	Hold	Maintains	$143 → $140	+12.48%	Oct 1, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.66B

from 5.57B

19.60%

from 5.57B

Revenue Next Year

7.07B

from 6.66B

6.02%

from 6.66B

EPS This Year

5.59

from 4.58

21.95%

from 4.58

EPS Next Year

6.01

from 5.59

7.68%

from 5.59

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 31, 2021	May 31, 2022	May 31, 2023	May 31, 2024	May 31, 2025	May 31, 2026	May 31, 2027
Revenue	4.06B	4.61B	5.01B	5.28B	5.57B	6.66B	7.07B
Revenue Growth	0.40%	13.68%	8.57%	5.42%	5.56%	19.60%	6.02%
EPS	3.03	3.84	4.30	4.67	4.58	5.59	6.01
EPS Growth	-0.33%	26.73%	11.98%	8.61%	-1.93%	21.95%	7.68%
Forward PE	-	-	-	-	-	22.28	20.69
No. Analysts	-	-	-	-	-	19	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	6.9B	7.4B
Avg	6.7B	7.1B
Low	6.3B	6.6B

Revenue Growth

Revenue Growth	2026	2027
High	23.9%	11.0%
Avg	19.6%	6.0%
Low	13.9%	-0.8%

EPS Forecast

EPS	2026	2027
High	5.83	6.33
Avg	5.59	6.01
Low	5.29	5.64

EPS Growth

EPS Growth	2026	2027
High	27.2%	13.4%
Avg	22.0%	7.7%
Low	15.5%	1.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.