​

Paychex (PAYX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PAYX Stock Forecast

Paychex (PAYX) stock forecast, based on 24 Wall Street analysts, predicts a 12-month average price target of $156.00, with a high of $156.00 and a low of $156.00. This represents a 7.66% increase from the last price of $144.90.

$115 $124 $133 $142 $151 $160 High: $156 Avg: $156 Low: $156 Last Closed Price: $144.9

PAYX Stock Rating

Paychex stock's rating consensus is Hold, based on 24 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (16.67%), 17 Hold (70.83%), 3 Sell (12.50%), and 0 Strong Sell (0.00%).

Hold
Total 24 0 3 17 4 Strong Sell Sell Hold Buy Strong Buy

PAYX Price Target Upside V Benchmarks

TypeNameUpside
StockPaychex7.66%
SectorIndustrials Stocks 29.76%

Price Target Trends

1M3M12M
# Anlaysts117
Avg Price Target$156.00$156.00$134.43
Last Closing Price$144.90$144.90$144.90
Upside/Downside7.66%7.66%-7.23%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25-1131318
Mar, 25-1141218
Feb, 25-1141218
Jan, 25-1151320
Dec, 24-1141319
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 27, 2025Stifel Nicolaus$156.00$151.832.75%7.66%
Oct 02, 2024Kevin McVeighUBS$142.00$141.650.25%-2.00%
Sep 22, 2024Ramsey El-AssalBarclays$132.00$133.26-0.95%-8.90%
Jun 28, 2024John EadeArgus Research$135.00$118.9113.53%-6.83%
Jun 27, 2024James FaucetteMorgan Stanley$122.00$117.393.93%-15.80%
Jun 27, 2024Mark MarconRobert W. Baird$124.00$117.665.39%-14.42%
Jun 26, 2024David TogutEvercore ISI$130.00$117.3910.74%-10.28%
Apr 02, 2024David TogutEvercore ISI$116.00$120.21-3.50%-19.94%
Apr 01, 2024David GrossmanStifel Nicolaus$130.00$121.507.00%-10.28%
Sep 27, 2023Moshe KatriWedbush$115.00$112.722.02%-20.63%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 27, 2025CitigroupNeutralNeutralhold
Oct 02, 2024UBSNeutralNeutralhold
Oct 01, 2024JefferiesHoldHoldhold
Sep 30, 2024CitigroupUnderweightUnderweighthold
Sep 25, 2024CitigroupNeutralNeutralhold
Sep 22, 2024BarclaysEqual-WeightEqual-Weighthold
Sep 12, 2024RBC CapitalSector PerformSector Performhold
Sep 12, 2024Cowen & Co.HoldHoldhold
Aug 20, 2024RBC CapitalSector PerformSector Performhold
Jun 27, 2024WedbushSector PerformSector Performhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 May 23 May 24 May 25 May 26 May 27
Dec 20Dec 21May 23May 24May 25May 26May 27
Reported--$4.32----
Avg Forecast$2.99$3.75$4.28$4.70$4.99$5.31$5.66
High Forecast$3.02$3.78$4.32$4.72$5.01$5.38$5.82
Low Forecast$2.97$3.72$4.24$4.66$4.94$5.24$5.45
Surprise %--0.93%----

Revenue Forecast

$4B $4B $5B $5B $6B $7B Dec 20 Dec 21 May 23 May 24 May 25 May 26 May 27
Dec 20Dec 21May 23May 24May 25May 26May 27
Reported--$5.01B----
Avg Forecast$4.01B$4.54B$5.00B$5.27B$5.52B$5.82B$6.15B
High Forecast$4.03B$4.57B$5.03B$5.31B$5.55B$5.89B$6.15B
Low Forecast$3.98B$4.51B$4.96B$5.26B$5.51B$5.75B$6.15B
Surprise %--0.15%----

Net Income Forecast

$500M $900M $1B $2B $2B $3B Dec 20 Dec 21 May 23 May 24 May 25 May 26 May 27
Dec 20Dec 21May 23May 24May 25May 26May 27
Reported--$1.56B----
Avg Forecast$992.16M$1.17B$1.55B$1.63B$1.81B$1.92B$2.04B
High Forecast$1.19B$1.40B$1.56B$1.96B$1.81B$1.95B$2.11B
Low Forecast$793.73M$932.51M$1.54B$1.30B$1.79B$1.90B$1.97B
Surprise %--0.46%----

PAYX Forecast FAQ

Is Paychex stock a buy?

Paychex stock has a consensus rating of Hold, based on 24 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 17 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Paychex is a neutral investment for most analysts.

What is Paychex's price target?

Paychex's price target, set by 24 Wall Street analysts, averages $156 over the next 12 months. The price target range spans from $156 at the low end to $156 at the high end, suggesting a potential 7.66% change from the previous closing price of $144.9.

How does Paychex stock forecast compare to its benchmarks?

Paychex's stock forecast shows a 7.66% upside, underperforming the average forecast for the industrials stocks sector (29.76%).

What is the breakdown of analyst ratings for Paychex over the past three months?

  • April 2025: 0% Strong Buy, 5.56% Buy, 72.22% Hold, 5.56% Sell, 16.67% Strong Sell.
  • March 2025: 0% Strong Buy, 5.56% Buy, 77.78% Hold, 5.56% Sell, 11.11% Strong Sell.
  • February 2025: 0% Strong Buy, 5.56% Buy, 77.78% Hold, 5.56% Sell, 11.11% Strong Sell.

What is Paychex’s EPS forecast?

Paychex's average annual EPS forecast for its fiscal year ending in December 2024 is $4.7, marking a 8.80% increase from the reported $4.32 in 2023. Estimates for the following years are $4.99 in 2025, $5.31 in 2026, and $5.66 in 2027.

What is Paychex’s revenue forecast?

Paychex's average annual revenue forecast for its fiscal year ending in December 2024 is $5.27B, reflecting a 5.31% increase from the reported $5.01B in 2023. The forecast for 2025 is $5.52B, followed by $5.82B for 2026, and $6.15B for 2027.

What is Paychex’s net income forecast?

Paychex's net income forecast for the fiscal year ending in December 2024 stands at $1.63B, representing an 4.65% increase from the reported $1.56B in 2023. Projections indicate $1.81B in 2025, $1.92B in 2026, and $2.04B in 2027.