Paychex Stock Forecast

Stock Price Forecast

The 13 analysts that cover Paychex stock have a consensus rating of "Hold" and an average price target of $126.85, which forecasts a 37.18% increase in the stock price over the next year. The lowest target is $98 and the highest is $165.

Price Target: $126.85 (+37.18%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$98	$126.85	$123	$165
Change	+5.98%	+37.18%	+33.02%	+78.44%

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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	9	10	10	11	10	10
Sell	1	2	2	2	3	3
Strong Sell	0	0	0	0	0	0
Total	10	12	12	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ramsey El-Assal Cantor Fitzgerald	Cantor Fitzgerald	Sell Initiates $98	Sell	Initiates	$98	+5.98%	Jan 27, 2026
Bryan Keane Citigroup	Citigroup	Hold Maintains $139 → $120	Hold	Maintains	$139 → $120	+29.77%	Dec 22, 2025
Tien-Tsin Huang JP Morgan	JP Morgan	Sell Maintains $140 → $125	Sell	Maintains	$140 → $125	+35.18%	Dec 22, 2025
James Faucette Morgan Stanley	Morgan Stanley	Hold Maintains $133 → $123	Hold	Maintains	$133 → $123	+33.02%	Dec 22, 2025
David Grossman Stifel	Stifel	Hold Maintains $137 → $126	Hold	Maintains	$137 → $126	+36.26%	Dec 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.63B

from 5.57B

19.05%

from 5.57B

Revenue Next Year

7.02B

from 6.63B

5.89%

from 6.63B

EPS This Year

5.60

from 4.58

22.26%

from 4.58

EPS Next Year

6.03

from 5.60

7.66%

from 5.60

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	6.63B	7.02B
Revenue Growth	0.40%	13.68%	8.57%	5.42%	5.56%	19.05%	5.89%
EPS	3.03	3.84	4.30	4.67	4.58	5.60	6.03
EPS Growth	-0.33%	26.73%	11.98%	8.61%	-1.93%	22.26%	7.66%
Forward PE	-	-	-	-	-	16.51	15.34
No. Analysts	-	-	-	-	-	20	20

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

Revenue Forecast

Revenue	2026	2027
High	6.9B	7.4B
Avg	6.6B	7.0B
Low	6.3B	6.7B

Revenue Growth

Revenue Growth	2026	2027
High	23.4%	11.4%
Avg	19.0%	5.9%
Low	13.6%	0.5%

EPS Forecast

EPS	2026	2027
High	5.79	6.33
Avg	5.60	6.03
Low	5.32	5.72

EPS Growth

EPS Growth	2026	2027
High	26.3%	13.1%
Avg	22.3%	7.7%
Low	16.2%	2.2%

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.