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PAYX Stock Forecast: Paychex Inc. Price Predictions for 2026

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$91.67

-2.33 (-2.48%)

PAYX Stock Forecast 2026-2027

$91.67
Current Price
$32.91B
Market Cap
18 Ratings
Buy 1
Hold 13
Sell 4
Wall St Analyst Ratings

Distance to PAYX Price Targets

+61.4%
To High Target of $148.00
+30.9%
To Median Target of $120.00
-1.8%
To Low Target of $90.00

PAYX Price Momentum

-9.1%
1 Week Change
-2.9%
1 Month Change
-36.1%
1 Year Change
-18.3%
Year-to-Date Change
-43.1%
From 52W High of $161.24
+5.5%
From 52W Low of $86.89
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Latest PAYX Stock Price Targets & Analyst Predictions

Based on our analysis of 28 Wall Street analysts, PAYX has a neutral consensus with a median price target of $120.00 (ranging from $90.00 to $148.00). The overall analyst rating is Hold (5.4/10). Currently trading at $91.67, the median forecast implies a 30.9% upside. This outlook is supported by 1 Buy, 13 Hold, and 4 Sell ratings.

The most optimistic forecast comes from Peter Christiansen at Citigroup, projecting a 61.4% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PAYX Analyst Ratings

1
Buy
13
Hold
4
Sell

PAYX Price Target Range

Low
$90.00
Average
$120.00
High
$148.00
Current: $91.67

Latest PAYX Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PAYX.

Date Firm Analyst Rating Change Price Target
Jan 27, 2026 Cantor Fitzgerald Ramsey El-Assal Underweight Initiates $98.00
Dec 22, 2025 Citigroup Bryan Keane Neutral Maintains $120.00
Dec 22, 2025 Morgan Stanley James Faucette Equal-Weight Maintains $123.00
Dec 22, 2025 JP Morgan Tien-Tsin Huang Underweight Maintains $125.00
Dec 17, 2025 Stifel David Grossman Hold Maintains $126.00
Dec 9, 2025 BMO Capital Daniel Jester Market Perform Maintains $121.00
Dec 9, 2025 Wells Fargo Jason Kupferberg Underweight Maintains $116.00
Dec 8, 2025 Jefferies Samad Samana Hold Maintains $118.00
Dec 1, 2025 TD Cowen Bryan Bergin Hold Maintains $114.00
Oct 22, 2025 Wells Fargo Jason Kupferberg Underweight Initiates $128.00
Oct 20, 2025 Morgan Stanley James Faucette Equal-Weight Maintains $133.00
Oct 7, 2025 Stephens & Co. Charles Nabhan Equal-Weight Initiates $135.00
Oct 1, 2025 BMO Capital Daniel Jester Market Perform Maintains $140.00
Oct 1, 2025 Morgan Stanley James Faucette Equal-Weight Maintains $132.00
Oct 1, 2025 JP Morgan Underweight Maintains $N/A
Sep 22, 2025 Stifel David Grossman Hold Maintains $142.00
Sep 17, 2025 UBS Kevin Mcveigh Neutral Maintains $140.00
Aug 21, 2025 Citigroup Peter Christiansen Neutral Maintains $148.00
Aug 14, 2025 JP Morgan Tien-Tsin Huang Underweight Maintains $153.00
Jul 10, 2025 BMO Capital Daniel Jester Market Perform Initiates $160.00

Paychex Inc. (PAYX) Competitors

The following stocks are similar to Paychex based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Paychex Inc. (PAYX) Financial Data

Paychex Inc. has a market capitalization of $32.91B with a P/E ratio of 21.5x. The company generates $6.03B in trailing twelve-month revenue with a 26.4% profit margin.

Revenue growth is +18.3% quarter-over-quarter, while maintaining an operating margin of +41.7% and return on equity of +40.9%.

Valuation Metrics

Market Cap $32.91B
Enterprise Value $37.66B
P/E Ratio 21.5x
PEG Ratio -4.9x
Price/Sales 5.7x

Growth & Margins

Revenue Growth (YoY) +18.3%
Gross Margin +73.5%
Operating Margin +41.7%
Net Margin +26.4%
EPS Growth -4.4%

Financial Health

Cash/Price Ratio +4.6%
Current Ratio 1.3x
Debt/Equity 129.8x
ROE +40.9%
ROA +11.6%
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Paychex Inc. logo

Paychex Inc. (PAYX) Business Model

About Paychex Inc.

What They Do

Integrated human capital management solutions provider.

Business Model

Paychex generates revenue by offering a comprehensive suite of cloud-based human capital management services, including payroll processing, HR management, employee benefits, and business insurance. The company primarily serves small to medium-sized businesses and enterprises, providing outsourcing solutions like ASO and PEO, along with tailored payroll and HR options.

Additional Information

Founded in 1971 and headquartered in Rochester, New York, Paychex operates mainly in the U.S. and parts of Northern Europe, such as Germany and Denmark. The company leverages its Paychex Flex platform to enhance workforce management efficiency, allowing clients to focus on growth and operations while ensuring compliance with regulatory changes.

Company Information

Sector

Technology

Industry

Software - Application

Employees

19,000

CEO

Mr. John B. Gibson Jr.

Country

United States

IPO Year

1990

Paychex Inc. (PAYX) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

5 Large-Cap Fintech Stocks to Buy to Tap Huge Near-Term Upside

IBKR, MCO, LPLA, PAYX and JKHY are five large-cap fintech leaders that have strong growth forecasts and upside potential for the short-term.

Mar 04, 2026 By Nalak Das Analyst Blog

Latest News

PAYX stock latest news image
Quick Summary

Paychex, Inc. will release its fiscal 2026 Q3 financial results on March 25, 2026, before markets open, followed by a conference call at 9:30 a.m. ET.

Why It Matters

Paychex's upcoming financial results release and conference call could influence stock performance and investor sentiment, providing insights into the company's growth and market position.

Source: Business Wire
Market Sentiment: Neutral
PAYX stock latest news image
Quick Summary

Investors are shifting from growth to value investments, with a focus on strict valuation discipline. Some quality stocks, like Enbridge (ENB), are being exited due to negative total return outlooks.

Why It Matters

The shift from growth to value investments indicates changing market sentiment, affecting stock prices and strategies. Exiting overvalued stocks like Enbridge suggests caution and potential volatility ahead.

Source: Seeking Alpha
Market Sentiment: Positive
PAYX stock latest news image
Quick Summary

Paychex, Inc. (Nasdaq: PAYX) received industry recognition from Lighthouse Research for its Paychex Flexยฎ and Paycorยฎ HCM platforms, winning awards for Best Small and Midsize Business solutions.

Why It Matters

Paychexโ€™s recognition for its HCM platforms enhances its market reputation, potentially boosting customer acquisition and retention, which can positively impact revenue and stock performance.

Source: Business Wire
Market Sentiment: Neutral
PAYX stock latest news image
Quick Summary

The Paychex Small Business Jobs Index was 98.77 in February, with hourly earnings growth at 2.78%, below 3% for 16 months. Data reflects small businesses with under 50 employees.

Why It Matters

The decline in the Small Business Jobs Index and stagnant wage growth signal potential economic weakness, which could affect consumer spending and overall market performance.

Source: Business Wire
Market Sentiment: Neutral
PAYX stock latest news image
Quick Summary

Investors with $5,000 seeking reliable dividend payers may consider three blue-chip stocks identified as strong buying opportunities amid market rotation.

Why It Matters

The mention of blue-chip stocks as reliable dividend payers signals potential stability and income generation, attracting investors seeking to capitalize on market shifts.

Source: 24/7 Wall Street
Market Sentiment: Positive
PAYX stock latest news image
Quick Summary

IBKR, MCO, LPLA, PAYX, and JKHY are large-cap fintech companies with strong growth forecasts and short-term upside potential.

Why It Matters

Strong growth forecasts for IBKR, MCO, LPLA, PAYX, and JKHY indicate potential stock price increases, attracting investor interest and possibly enhancing portfolio performance.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About PAYX Stock

What is Paychex Inc.'s (PAYX) stock forecast for 2026?

Based on our analysis of 28 Wall Street analysts, Paychex Inc. (PAYX) has a median price target of $120.00. The highest price target is $148.00 and the lowest is $90.00.

Is PAYX stock a good investment in 2026?

According to current analyst ratings, PAYX has 1 Buy ratings, 13 Hold ratings, and 4 Sell ratings. The stock is currently trading at $91.67. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for PAYX stock?

Wall Street analysts predict PAYX stock could reach $120.00 in the next 12 months. This represents a 30.9% increase from the current price of $91.67. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Paychex Inc.'s business model?

Paychex generates revenue by offering a comprehensive suite of cloud-based human capital management services, including payroll processing, HR management, employee benefits, and business insurance. The company primarily serves small to medium-sized businesses and enterprises, providing outsourcing solutions like ASO and PEO, along with tailored payroll and HR options.

What is the highest forecasted price for PAYX Paychex Inc.?

The highest price target for PAYX is $148.00 from Peter Christiansen at Citigroup, which represents a 61.4% increase from the current price of $91.67.

What is the lowest forecasted price for PAYX Paychex Inc.?

Price targets from Wall Street analysts for PAYX are not currently available. The stock is trading at $91.67.

What is the overall PAYX consensus from analysts for Paychex Inc.?

The overall analyst consensus for PAYX is neutral. Out of 28 Wall Street analysts, 1 rate it as Buy, 13 as Hold, and 4 as Sell, with a median price target of $120.00.

How accurate are PAYX stock price projections?

Stock price projections, including those for Paychex Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: March 13, 2026 12:03 PM UTC
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