Paychex, Inc. (PAYX)

Paychex Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, Paychex stock has a consensus rating of "Hold" and an average price target of $101.67. The average 1-year stock price forecast is 4.84% higher than the current stock price, while the lowest is $90 (-7.20%) and the highest is $125 (+28.89%).

Price Target: $101.67 (+4.84%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$90	$101.67	$102	$125
Change	-7.20%	+4.84%	+5.18%	+28.89%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	1	1	1	1	1
Buy	0	1	1	0	0	1
Hold	13	12	12	14	14	13
Sell	1	1	1	1	1	1
Strong Sell	2	3	3	3	3	3
Total	17	18	18	19	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ashish Sabadra RBC Capital	RBC Capital	Hold Maintains $102	Hold	Maintains	$102	+5.18%	May 28, 2026
Ramsey El Assal Cantor Fitzgerald	Cantor Fitzgerald	Sell Maintains $90	Sell	Maintains	$90	-7.20%	Apr 23, 2026
David Grossman Stifel Nicolaus	Stifel Nicolaus	Hold Maintains $105	Hold	Maintains	$105	+8.27%	Apr 15, 2026
Kevin Mcveigh UBS	UBS	Hold Reiterates $98 → $94	Hold	Reiterates	$98 → $94	-3.07%	Apr 13, 2026
Bryan Bergin TD Cowen	TD Cowen	Hold Reiterates $95 → $94	Hold	Reiterates	$95 → $94	-3.07%	Apr 7, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.64B

Increased by 19.17%

from 5.57B

Revenue Next Year

7.01B

Increased by 5.50%

from 6.64B

EPS This Year

5.60

Increased by 22.38%

from 4.58

EPS Next Year

6.03

Increased by 7.50%

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	6.64B	7.01B
Revenue Growth	0.40%	13.68%	8.57%	5.42%	5.56%	19.17%	5.50%
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%	22.38%	7.50%
Forward PE	-	-	-	-	-	17.30	16.10
No. Analysts	-	-	-	-	-	22	22

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	6.9B	7.3B
Avg	6.6B	7.0B
Low	6.4B	6.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	23.2%	10.0%
Avg	19.2%	5.5%
Low	14.2%	0.4%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	5.79	6.30
Avg	5.60	6.03
Low	5.36	5.64

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	26.3%	12.4%
Avg	22.4%	7.5%
Low	17.0%	0.5%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.