Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
98.24
+0.66 (0.68%)
At close: Jun 18, 2026, 4:00 PM EDT
96.91
-1.33 (-1.36%)
After-hours: Jun 18, 2026, 6:29 PM EDT

Paychex Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, Paychex stock has a consensus rating of "Hold" and an average price target of $105.43. The average 1-year stock price forecast is 7.32% higher than the current stock price, while the lowest is $90 (-8.39%) and the highest is $140 (+42.51%).

Price Target: $105.43 (+7.32%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$90$105.43$102.5$140
Change-8.39%+7.32%+4.34%+42.51%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy111112
Buy110010
Hold121214141312
Sell111111
Strong Sell333333
Total181819191918

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
William Blair
William Blair
Hold
Maintains
n/a
HoldMaintainsn/an/aJun 18, 2026
Stifel Nicolaus
Stifel Nicolaus
Hold
Maintains
$105$110
HoldMaintains$105$110+11.97%Jun 17, 2026
Citi
Citi
Buy
Upgrades
$99$140
BuyUpgrades$99$140+42.51%Jun 15, 2026
BMO Capital
BMO Capital
Hold
Maintains
$103
HoldMaintains$103+4.85%Jun 12, 2026
Wells Fargo
Wells Fargo
Sell
Reiterates
$95
SellReiterates$95-3.30%Jun 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.51B
from 5.57B
Increased by 16.89%
Revenue Next Year
6.87B
from 6.51B
Increased by 5.54%
EPS This Year
5.50
from 4.98
Increased by 10.37%
EPS Next Year
5.90
from 5.50
Increased by 7.26%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingMay 31, 2021May 31, 2022May 31, 2023May 31, 2024May 31, 2025May 31, 2026
Revenue
4.06B4.61B5.01B5.28B5.57B6.51B
Revenue Growth
0.40%13.68%8.57%5.42%5.56%16.89%
Gross Profit
2.79B3.26B3.55B3.80B4.03B4.84B
Gross Margin
68.66%70.59%70.98%71.97%72.35%74.37%
Operating Income
1.46B1.84B2.03B2.17B2.33B2.81B
Net Income
1.10B1.39B1.56B1.69B1.66B1.77B
EPS
----4.985.50
EPS Growth
----5.51%10.37%
Forward PE
31.9531.2123.2524.5530.0017.87
Dividend / Share
2.522.773.263.654.024.41
Dividend Growth
-9.92%17.69%11.96%10.14%9.62%
Free Cash Flow
1.12B1.55B1.55B1.35B1.51B2.24B
No. Analysts
-----17
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High6.6B
Avg6.5B
Low6.5B

Revenue Growth

Revenue Growth202620272028
High
18.4%
Avg
16.9%
Low
16.6%

EPS Forecast

EPS202620272028
High5.55
Avg5.50
Low5.47

EPS Growth

EPS Growth202620272028
High
11.4%
Avg
10.4%
Low
9.7%