PAYX Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q2

FY2026Q3

FY2026Q4

1.55B

+17.91%

1.232

+8.1%

1.80B

+19.55%

1.663

+11.63%

1.63B

+14.3%

1.345

+13.03%

Estimates Revision

The market is revising Downward the revenue expectations for Paychex, Inc. (PAYX) for FY2026, with the revenue forecasts being adjusted by -0.15% over the past three months. During the same period, the stock price has changed by -12.92%.

Revenue Estimates for FY2026

Revise Downward

-0.15%

In Past 3 Month

EPS Estimates for FY2026

Revise Upward

+0.14%

In Past 3 Month

Stock Price

Go Down

-12.92%

In Past 3 Month

13 Analyst Rating

Wall Street analysts forecast PAYX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PAYX is 135.00 USD with a low forecast of 126.00 USD and a high forecast of 150.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

10 Hold

3 Sell

Hold

Current: 114.610

Low

126.00

Averages

135.00

High

150.00

Current: 114.610

Low

126.00

Averages

135.00

High

150.00

BMO Capital

Market Perform

downgrade

$140 -> $121

2025-12-09

Reason

BMO Capital

Price Target

$140 -> $121

2025-12-09

downgrade

Market Perform

Reason

BMO Capital lowered the firm's price target on Paychex to $121 from $140 and keeps a Market Perform rating on the shares ahead of its Q2 results. Against a backdrop of cooling small-business labor market trends, the company should report an "okay quarter" with good execution on cost efficiencies, even as shares have lagged against concerns that the second-half improvement embedded in guidance has become "more difficult to achieve", the analyst tells investors in a research note. BMO adds it is sympathetic to these worries and not sure that progress toward resolution will emerge this quarter.

Wells Fargo

Underweight

downgrade

$128 -> $116

2025-12-09

Reason

Wells Fargo

Price Target

$128 -> $116

2025-12-09

downgrade

Underweight

Reason

Wells Fargo lowered the firm's price target on Paychex to $116 from $128 and keeps an Underweight rating on the shares. While the firm doesn't expect major surprises in Q2 results on December 19, and management will likely reiterate 2026 guide, Wells says that implied second half of the year ramp appears daunting given soft employment and declining rates, as incremental AI concerns weigh on shares.

Jefferies

Hold

downgrade

$130 -> $118

2025-12-07

Reason

Jefferies

Price Target

$130 -> $118

2025-12-07

downgrade

Hold

Reason

Jefferies lowered the firm's price target on Paychex to $118 from $130 and keeps a Hold rating on the shares as part of a fiscal Q2 preview. The firm views consensus estimates for revenue and earnings as achievable, but says the implied second half of the year growth in Paychex's fiscal 2026 outlook "looks challenging." The shares will likely be "stuck chopping around" until investors gain more comfort around the guidance, the analyst tells investors in a research note.

Citi

Neutral

maintain

$135 -> $139

2025-10-22

Reason

Citi

Price Target

$135 -> $139

2025-10-22

maintain

Neutral

Reason

Citi raised the firm's price target on Paychex to $139 from $135 and keeps a Neutral rating on the shares as he took over coverage of the stock. Paychex's acquisition of Paycor gives it a broader and more comprehensive suite of solutions, but the company's performance greatly relies on the state of the economy and any macro weakness or rise in unemployment would likely result in revenue softness, the analyst tells investors.

Wells Fargo

Underweight

initiated

$128

2025-10-21

Reason

Wells Fargo

Price Target

$128

2025-10-21

initiated

Underweight

Reason

Wells Fargo initiated coverage of Paychex with an Underweight rating and $128 price target. The firm cites cyclical concerns for the sell rating. Wells is cautious on the payroll outsourcing group for cyclical reasons and believes a period of potentially rising unemployment and lower interest rates "is not the right time to own these stocks."

BMO Capital

Market Perform

maintain

$143 -> $140

2025-10-01

Reason

BMO Capital

Price Target

$143 -> $140

2025-10-01

maintain

Market Perform

Reason

BMO Capital lowered the firm's price target on Paychex to $140 from $143 and keeps a Market Perform rating on the shares. The company's Q1 results were "okay", but there remain three areas of uncertainty in the business where guidance assumes improvement in the second half of FY26, the analyst tells investors in a research note. BMO adds that in Management Solutions, Q1 showed some residual frictions within Paycor which guidance assumes will fade, even though the firm sees risk around the drivers of improvement in the organic business against tougher comps, and for Professional Employer Organization segment, improvement in the business requires execution.

Valuation Metrics

The current forward P/E ratio for Paychex Inc (PAYX.O) is 20.76, compared to its 5-year average forward P/E of 27.63. For a more detailed relative valuation and DCF analysis to assess Paychex Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

27.63

Current PE

20.76

Overvalued PE

31.01

Undervalued PE

24.24

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

18.82

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

20.90

Undervalued EV/EBITDA

16.75

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

8.41

Current PS

0.00

Overvalued PS

9.25

Undervalued PS

7.57

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 205.59% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress areBuying! The buying amount has increased306.25%over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 205.59% over the last month.

Sold

Bought

PAYX News & Events

Events Timeline

No data

News

3.0

12-15Benzinga

Key Stocks Reporting Earnings This Week: Micron, FuelCell, Carnival, and Others

8.0

12-15Newsfilter

Paychex Releases 2026 Compliance Trends Report for Businesses

4.5

12-15Barron's

Market Movers: iRobot, Newmont, ServiceNow, Texas Instruments, Broadcom, and Others

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Frequently Asked Questions

What is Paychex Inc (PAYX) stock price today?

The current price of PAYX is 114.61 USD — it has decreased -0.67 % in the last trading day.

What is Paychex Inc (PAYX)'s business?

Paychex, Inc. is a human capital management (HCM) company. The Company is engaged in delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. It is a provider of integrated HCM solutions for human resources (HR), payroll, benefits, and insurance for small- to medium-sized businesses in the United States (U.S.) and parts of Europe. It supports its small-business clients by utilizing its proprietary, software as a service (SaaS) Paychex Flex platform and the Company’s SurePayroll SaaS-based solutions. Its HR solutions include HR packages, HR consulting, employee onboarding, hiring services, and artificial intelligence -assisted recruiting. Its payroll services include payroll packages, small business payroll, midsize to enterprise payroll, switch payroll companies, and payroll tax services. Its employee benefits services include Group health insurance, retirement services, and benefits administration services.

What is the price predicton of PAYX Stock?

What is Paychex Inc (PAYX)'s revenue for the last quarter?

Paychex Inc revenue for the last quarter amounts to 1.54B USD, increased 16.80 % YoY.

What is Paychex Inc (PAYX)'s earnings per share (EPS) for the last quarter?

Paychex Inc. EPS for the last quarter amounts to 1.06 USD, decreased -10.17 % YoY.

What changes have occurred in the market's expectations for Paychex Inc (PAYX)'s fundamentals?

How many employees does Paychex Inc (PAYX). have?

Paychex Inc (PAYX) has 19000 emplpoyees as of December 16 2025.

What is Paychex Inc (PAYX) market cap?

Today PAYX has the market capitalization of 41.62B USD.