Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
115.37
-1.56 (-1.33%)
Sep 9, 2026, 2:29 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 $113.71. The average 1-year stock price forecast is 1.44% lower than the current stock price, while the lowest is $95 (-17.66%) and the highest is $150 (+30.02%).

Price Target: $113.71 (-1.44%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$95$113.71$110$150
Change-17.66%-1.44%-4.65%+30.02%

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
Hold141413111211
Sell111112
Strong Sell333333
Total191919181818

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Sell
Reiterates
$95$111
SellReiterates$95$111-3.79%Sep 9, 2026
Stifel Nicolaus
Stifel Nicolaus
Hold
Maintains
$110$130
HoldMaintains$110$130+12.68%Sep 9, 2026
Stephens
Stephens
Hold
Initiates
$132
HoldInitiates$132+14.41%Sep 3, 2026
UBS
UBS
Hold
Reiterates
$125$130
HoldReiterates$125$130+12.68%Aug 31, 2026
RBC Capital
RBC Capital
Hold
Maintains
$102$130
HoldMaintains$102$130+12.68%Aug 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.88B
from 6.51B
Increased by 5.61%
Revenue Next Year
7.24B
from 6.88B
Increased by 5.27%
EPS This Year
5.98
from 5.51
Increased by 8.45%
EPS Next Year
6.39
from 5.98
Increased by 6.95%
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%5.61%
Gross Profit
3.26B3.55B3.80B4.03B4.84B5.16B
Gross Margin
70.59%70.98%71.97%72.35%74.29%75.10%
Operating Income
1.84B2.03B2.17B2.33B2.57B3.01B
Net Income
1.39B1.56B1.69B1.66B1.76B2.01B
EPS
----5.515.98
EPS Growth
----10.64%8.45%
Forward PE
31.2123.2524.5530.0016.8319.31
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
-----18
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
8.4%
Low
7.4%