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NASDAQ: PAYX
Paychex Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PAYX

Based on 5 analysts offering 12 month price targets for Paychex Inc.
Min Forecast
$105.00-8.37%
Avg Forecast
$119.00+3.85%
Max Forecast
$125.00+9.08%

Should I buy or sell PAYX stock?

Based on 5 analysts offering ratings for Paychex Inc.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
2 analysts 40%

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PAYX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Stifel Nicolaus
Top 8%
93
HoldMaintains$122.00+6.47%2023-03-30
JP Morgan
Top 41%
60
Strong SellMaintains$123.00+7.34%2023-03-30
Barclays
Bottom 1%
1
Strong SellMaintains$105.00-8.37%2023-03-13
Morgan Stanley
Top 17%
84
HoldMaintains$125.00+9.08%2022-12-23
Jefferies
Bottom 6%
6
HoldMaintains$120.00+4.72%2022-12-23

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PAYX vs Staffing & Employment Service Stocks

TickerPricePrice TargetUp/downsideConsensus
PAYX$114.59$119.00+3.85%Sell
RHI$80.57$71.50-11.26%Hold
BZ$19.03$22.00+15.61%Buy
TNET$80.61$85.00+5.45%Hold
NSP$121.55N/AN/A
View Top Staffing & Employment Service Stocks

Paychex Stock Forecast FAQ

Is Paychex Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: PAYX) stock is to Sell PAYX stock.

Out of 5 analysts, 0 (0%) are recommending PAYX as a Strong Buy, 0 (0%) are recommending PAYX as a Buy, 3 (60%) are recommending PAYX as a Hold, 0 (0%) are recommending PAYX as a Sell, and 2 (40%) are recommending PAYX as a Strong Sell.

If you're new to stock investing, here's how to buy Paychex stock.

What is PAYX's Price Target?

According to 5 Wall Street analysts that have issued a 1 year PAYX price target, the average PAYX price target is $119.00, with the highest PAYX stock price forecast at $125.00 and the lowest PAYX stock price forecast at $105.00.

On average, Wall Street analysts predict that Paychex's share price could reach $119.00 by Mar 30, 2024. The average Paychex stock price prediction forecasts a potential upside of 3.85% from the current PAYX share price of $114.59.
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