Paychex, Inc. (PAYX)

Paychex Stock Forecast

Stock Price Forecast

According to 9 professional analysts, the 12-month price target for Paychex stock ranges from a low of $140 to a high of $165. The average analyst price target of $151.89 forecasts a 5.52% increase in the stock price over the next year.

Price Target: $151.89 (+5.52%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$140	$151.89	$152	$165
Change	-2.74%	+5.52%	+5.60%	+14.63%

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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	11	11	10	10	10	8
Sell	2	2	2	2	2	1
Strong Sell	0	0	0	0	0	0
Total	13	13	12	12	12	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Faucette Morgan Stanley	Morgan Stanley	Hold Maintains $150 → $148	Hold	Maintains	$150 → $148	+2.82%	Jun 27, 2025
David Grossman Stifel	Stifel	Hold Maintains $156 → $152	Hold	Maintains	$156 → $152	+5.60%	Jun 26, 2025
Kevin Mcveigh UBS	UBS	Hold Maintains $155 → $145	Hold	Maintains	$155 → $145	+0.74%	Jun 26, 2025
Samad Samana Jefferies	Jefferies	Hold Maintains $155 → $140	Hold	Maintains	$155 → $140	-2.74%	Jun 26, 2025
Tien-Tsin Huang JP Morgan	JP Morgan	Sell Maintains $140 → $148	Sell	Maintains	$140 → $148	+2.82%	Jun 18, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.24B

Increased by 12.01%

from 5.57B

Revenue Next Year

6.61B

Increased by 5.83%

from 6.24B

EPS This Year

5.39

Increased by 17.78%

from 4.58

EPS Next Year

5.79

Increased by 7.32%

from 5.39

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	6.24B	6.61B
Revenue Growth	0.40%	13.68%	8.57%	5.42%	5.56%	12.01%	5.83%
EPS	3.03	3.84	4.30	4.67	4.58	5.39	5.79
EPS Growth	-0.33%	26.73%	11.98%	8.61%	-1.93%	17.78%	7.32%
Forward PE	-	-	-	-	-	26.68	24.86
No. Analysts	-	-	-	-	-	20	15

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

Revenue Forecast

Revenue	2026	2027
High	7.0B	7.5B
Avg	6.2B	6.6B
Low	5.6B	5.9B

Revenue Growth

Revenue Growth	2026	2027
High	25.5%	19.6%
Avg	12.0%	5.8%
Low	1.1%	-4.8%

EPS Forecast

EPS	2026	2027
High	5.89	6.60
Avg	5.39	5.79
Low	4.77	5.06

EPS Growth

EPS Growth	2026	2027
High	28.6%	22.4%
Avg	17.8%	7.3%
Low	4.2%	-6.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.