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PAYX Stock Forecast: Paychex Inc. Price Predictions for 2026

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$112.10

+0.30 (0.27%)

PAYX Stock Forecast 2025-2026

$112.10
Current Price
$40.34B
Market Cap
17 Ratings
Buy 1
Hold 13
Sell 3
Wall St Analyst Ratings

Distance to PAYX Price Targets

+33.8%
To High Target of $150.00
+19.5%
To Median Target of $134.00
+8.8%
To Low Target of $122.00

PAYX Price Momentum

+0.1%
1 Week Change
-12.1%
1 Month Change
-21.6%
1 Year Change
-20.1%
Year-to-Date Change
-30.5%
From 52W High of $161.24
+1.9%
From 52W Low of $109.99
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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 $134.00 (ranging from $122.00 to $150.00). The overall analyst rating is Hold (5.6/10). Currently trading at $112.10, the median forecast implies a 19.5% upside. This outlook is supported by 1 Buy, 13 Hold, and 3 Sell ratings.

Conversely, the most conservative target is provided by James Faucette at Morgan Stanley, suggesting a 8.8% 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
3
Sell

PAYX Price Target Range

Low
$122.00
Average
$134.00
High
$150.00
Current: $112.10

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
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
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
Jun 27, 2025 Morgan Stanley James Faucette Equal-Weight Maintains $148.00
Jun 26, 2025 Stifel David Grossman Hold Maintains $152.00
Jun 26, 2025 Jefferies Samad Samana Hold Maintains $140.00
Jun 26, 2025 UBS Kevin Mcveigh Neutral Maintains $145.00
Jun 18, 2025 JP Morgan Tien-Tsin Huang Underweight Maintains $148.00
Jun 3, 2025 RBC Capital Ashish Sabadra Sector Perform Maintains $165.00
Mar 31, 2025 Barclays Ramsey El-Assal Equal-Weight Maintains $155.00
Mar 27, 2025 Morgan Stanley James Faucette Equal-Weight Maintains $142.00
Mar 27, 2025 Stifel Bryan Bergin Hold Maintains $156.00
Mar 27, 2025 Citigroup Peter Christiansen Neutral Maintains $158.00

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 $40.34B with a P/E ratio of 25.1x. The company generates $5.79B in trailing twelve-month revenue with a 27.9% profit margin.

Revenue growth is +16.8% quarter-over-quarter, while maintaining an operating margin of +36.7% and return on equity of +41.3%.

Valuation Metrics

Market Cap $40.34B
Enterprise Value $43.59B
P/E Ratio 25.1x
PEG Ratio -2.5x
Price/Sales 6.9x

Growth & Margins

Revenue Growth (YoY) +16.8%
Gross Margin +73.1%
Operating Margin +36.7%
Net Margin +27.9%
EPS Growth -10.2%

Financial Health

Cash/Price Ratio +4.1%
Current Ratio 1.3x
Debt/Equity 126.5x
ROE +41.3%
ROA +10.8%
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Paychex Inc. logo

Paychex Inc. (PAYX) Business Model

About Paychex Inc.

What They Do

Provides HR, payroll, and benefits outsourcing services.

Business Model

Paychex generates revenue by offering a comprehensive suite of HR services, including payroll processing, retirement services, and insurance solutions, primarily targeting small and medium-sized businesses. The company's efficiency in automating payroll tasks and ensuring compliance allows it to attract and retain over 700,000 clients across the United States.

Additional Information

Headquartered in Rochester, New York, Paychex is known for its product innovation and integration of cloud-based technology and mobile applications. The company is recognized for its stable revenue model and consistent dividend yield, driven by ongoing demand in the HR services market.

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

Insperity Stock Declines 23% After Reporting Q3 Earnings Miss

NSP shares tumble after third-quarter 2025 results miss estimates, with weaker earnings, revenues, and reduced 2025 guidance weighing on the stock.

Nov 07, 2025 By Zacks Equity Research Analyst Blog

Paychex (PAYX) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Nov 07, 2025 By Zacks Equity Research Tale of the Tape

Latest News

PAYX stock latest news image
Quick Summary

Paychex, Inc. (Nasdaq: PAYX) announced that its Paychex Flexยฎ and Paycor platforms were named โ€œLeadersโ€ by NelsonHall in the 2025 HCM Technology and GenAI evaluation.

Why It Matters

Paychex's recognition as a "Leader" in HCM technology enhances its market credibility, potentially attracting more clients and boosting revenue, which can positively impact stock performance.

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

Zacks Style Scores provide investors with a method to identify top-rated stocks aligned with their investment strategies.

Why It Matters

Zacks Style Scores provide a quick assessment of stock ratings, helping investors identify strong picks aligned with their investment strategies for better returns.

Source: Zacks Investment Research
Market Sentiment: Positive
PAYX stock latest news image
Quick Summary

Paychex, Inc. (PAYX) upgraded from hold to buy after a 20% price drop. Strong client retention, margins, and growth from Paycor acquisition support continued demand for HCM solutions.

Why It Matters

Paychex's upgrade signals potential growth post-price drop, strong client retention, and strategic acquisitions, benefiting from favorable economic conditions and rising demand for HCM solutions.

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

Paychex CEO John Gibson discussed the latest findings from the Small Business Jobs Index on 'Squawk Box,' providing insights into employment trends for small businesses.

Why It Matters

Paychex's Small Business Jobs Index provides insights into employment trends, impacting labor market health and economic growth, which are crucial for investment decisions.

Source: CNBC Television
Market Sentiment: Neutral
PAYX stock latest news image
Quick Summary

The Paychex Small Business Employment Watch shows steady small business employment in October, with the Jobs Index changing less than 1% over the year. Hourly earnings growth slowed to 2.58%.

Why It Matters

Stable small business employment and modest wage growth signal a cautious economic outlook, potentially affecting consumer spending and overall market sentiment.

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

The November 2025 high-yield dividend watchlist features 10 stocks, targeting a 12% CAGR. It has a five-year CAGR of 14.49%, with 81% positive returns. The yield threshold is now 2.5%.

Why It Matters

The high-yield dividend watchlist identifies profitable stocks with strong yields, potentially enhancing portfolio returns and diversifying strategies for income-focused investors.

Source: Seeking Alpha
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 $134.00. The highest price target is $150.00 and the lowest is $122.00.

Is PAYX stock a good investment in 2026?

According to current analyst ratings, PAYX has 1 Buy ratings, 13 Hold ratings, and 3 Sell ratings. The stock is currently trading at $112.10. 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 $134.00 in the next 12 months. This represents a 19.5% increase from the current price of $112.10. 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 HR services, including payroll processing, retirement services, and insurance solutions, primarily targeting small and medium-sized businesses. The company's efficiency in automating payroll tasks and ensuring compliance allows it to attract and retain over 700,000 clients across the United States.

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

The highest price target for PAYX is $150.00 from at , which represents a 33.8% increase from the current price of $112.10.

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

The lowest price target for PAYX is $122.00 from James Faucette at Morgan Stanley, which represents a 8.8% increase from the current price of $112.10.

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 3 as Sell, with a median price target of $134.00.

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: November 15, 2025 3:43 AM UTC
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