Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
123.41
+0.91 (0.74%)
Aug 20, 2026, 1:44 PM EDT - Market open

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 $110.64. The average 1-year stock price forecast is 10.35% lower than the current stock price, while the lowest is $95 (-23.02%) and the highest is $150 (+21.55%).

Price Target: $110.64 (-10.35%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$95$110.64$108$150
Change-23.02%-10.35%-12.49%+21.55%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy111222
Buy001100
Hold141413111212
Sell111111
Strong Sell333333
Total191919181818

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Reiterates
$120$125
HoldReiterates$120$125+1.29%Aug 17, 2026
Jefferies
Jefferies
Hold
Maintains
$120
HoldMaintains$120-2.76%Aug 13, 2026
Citi
Citi
Buy
Maintains
$140$150
BuyMaintains$140$150+21.55%Jul 30, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Sell
Maintains
$90$107
SellMaintains$90$107-13.30%Jul 20, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$107$109
HoldMaintains$107$109-11.68%Jun 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.88B
from 6.51B
Increased by 5.62%
Revenue Next Year
7.24B
from 6.88B
Increased by 5.23%
EPS This Year
5.98
from 5.51
Increased by 8.55%
EPS Next Year
6.38
from 5.98
Increased by 6.74%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMay 31, 2022May 31, 2023May 31, 2024May 31, 2025May 31, 2026May 31, 2027
Revenue
4.61B5.01B5.28B5.57B6.51B6.88B
Revenue Growth
13.68%8.57%5.42%5.56%16.88%5.62%
Gross Profit
3.26B3.55B3.80B4.03B4.84B5.18B
Gross Margin
70.59%70.98%71.97%72.35%74.29%75.33%
Operating Income
1.84B2.03B2.17B2.33B2.57B3.01B
Net Income
1.39B1.56B1.69B1.66B1.76B2.03B
EPS
----5.515.98
EPS Growth
----10.64%8.55%
Forward PE
31.2123.2524.5530.0016.8320.63
Dividend / Share
2.773.263.654.024.434.85
Dividend Growth
9.92%17.69%11.96%10.14%10.20%9.57%
Free Cash Flow
1.55B1.55B1.35B1.51B2.10B2.37B
No. Analysts
-----17
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High7.1B
Avg6.9B
Low6.9B

Revenue Growth

Revenue Growth202720282029
High
8.9%
Avg
5.6%
Low
5.3%

EPS Forecast

EPS202720282029
High6.24
Avg5.98
Low5.92

EPS Growth

EPS Growth202720282029
High
13.2%
Avg
8.6%
Low
7.5%