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

Analyst price target for PAYX

Based on 11 analysts offering 12 month price targets for Paychex Inc

Min Forecast
$113.00-20.9%
Avg Forecast
$134.36-5.95%
Max Forecast
$148.00+3.6%

Should I buy or sell PAYX stock?

Based on 11 analysts offering ratings for Paychex Inc.

Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
9 analysts 81.82%
Sell
1 analysts 9.09%
Strong Sell
1 analysts 9.09%
Our proven Zen Rating quant model agrees with analyst consensus with a "Hold" rating. Learn More

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PAYX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-19
lockedlocked$00.00+00.00%2024-10-02
lockedlocked$00.00+00.00%2024-10-02
lockedlocked$00.00+00.00%2024-10-02
lockedlocked$00.00+00.00%2024-10-02
UBS
Bottom 5%
5
HoldMaintains$142.00-0.60%2024-10-02
Morgan Stanley
Top 15%
86
HoldMaintains$133.00-6.90%2024-10-02
Citigroup
Top 26%
75
HoldMaintains$145.00+1.50%2024-09-25
Barclays
Top 26%
75
HoldMaintains$132.00-7.60%2024-09-23
Baird
Top 18%
83
HoldMaintains$124.00-13.20%2024-06-27

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Forecast return on equity

Is PAYX forecast to generate an efficient return?

Company
52.58%
Industry
78%
Market
70.65%
PAYX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PAYX forecast to generate an efficient return on assets?

Company
19.3%
Industry
12.36%
PAYX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PAYX earnings per share forecast

What is PAYX's earnings per share in the next 3 years based on estimates from 11 analysts?

Avg 1 year Forecast
$4.98+5.56%
Avg 2 year Forecast
$5.31+12.5%
Avg 3 year Forecast
$5.62+19.17%
PAYX's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PAYX revenue forecast

What is PAYX's revenue in the next 3 years based on estimates from 7 analysts?

Avg 1 year Forecast
$5.5B+3.93%
Avg 2 year Forecast
$5.8B+9.54%
Avg 3 year Forecast
$6.1B+15.43%
PAYX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PAYX earnings growth forecast

How is PAYX forecast to perform vs Staffing & Employment Services companies and vs the US market?

Company
6.04%
Industry
7.44%
Market
17.31%
PAYX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PAYX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PAYX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PAYX revenue growth forecast

How is PAYX forecast to perform vs Staffing & Employment Services companies and vs the US market?

Company
4.88%
Industry
5.13%
Market
8.88%
PAYX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PAYX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PAYX vs Staffing & Employment Service Stocks

TickerPricePrice TargetUp/downsideConsensus
PAYX$142.86$134.36-5.95%Hold
RHI$74.34$67.00-9.87%Hold
BZ$13.92$15.00+7.76%Strong Buy
TNET$94.69$115.67+22.15%Hold
KFY$71.56$77.00+7.60%Buy

Paychex Stock Forecast FAQ

Is Paychex Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: PAYX) stock is to Hold PAYX stock.

Out of 11 analysts, 0 (0%) are recommending PAYX as a Strong Buy, 0 (0%) are recommending PAYX as a Buy, 9 (81.82%) are recommending PAYX as a Hold, 1 (9.09%) are recommending PAYX as a Sell, and 1 (9.09%) 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 earnings growth forecast for 2025-2027?

(NASDAQ: PAYX) Paychex's forecast annual earnings growth rate of 6.04% is not forecast to beat the US Staffing & Employment Services industry's average forecast earnings growth rate of 7.44%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Paychex's earnings in 2024 is $1,698,600,000.On average, 11 Wall Street analysts forecast PAYX's earnings for 2025 to be $1,793,083,920, with the lowest PAYX earnings forecast at $1,777,896,224, and the highest PAYX earnings forecast at $1,806,688,065. On average, 8 Wall Street analysts forecast PAYX's earnings for 2026 to be $1,911,130,471, with the lowest PAYX earnings forecast at $1,893,063,590, and the highest PAYX earnings forecast at $1,932,652,373.

In 2027, PAYX is forecast to generate $2,024,354,389 in earnings, with the lowest earnings forecast at $1,990,236,056 and the highest earnings forecast at $2,065,814,641.

What is PAYX's revenue growth forecast for 2025-2027?

(NASDAQ: PAYX) Paychex's forecast annual revenue growth rate of 4.88% is not forecast to beat the US Staffing & Employment Services industry's average forecast revenue growth rate of 5.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Paychex's revenue in 2024 is $5,310,800,000.On average, 7 Wall Street analysts forecast PAYX's revenue for 2025 to be $1,986,504,993,346, with the lowest PAYX revenue forecast at $1,984,301,337,764, and the highest PAYX revenue forecast at $1,990,308,035,734. On average, 7 Wall Street analysts forecast PAYX's revenue for 2026 to be $2,093,617,122,560, with the lowest PAYX revenue forecast at $2,071,177,121,053, and the highest PAYX revenue forecast at $2,113,482,773,523.

In 2027, PAYX is forecast to generate $2,206,267,362,521 in revenue, with the lowest revenue forecast at $2,157,300,717,478 and the highest revenue forecast at $2,250,631,271,774.

What is PAYX's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: PAYX) forecast ROA is 19.3%, which is higher than the forecast US Staffing & Employment Services industry average of 12.36%.

What is PAYX's Price Target?

According to 11 Wall Street analysts that have issued a 1 year PAYX price target, the average PAYX price target is $134.36, with the highest PAYX stock price forecast at $148.00 and the lowest PAYX stock price forecast at $113.00.

On average, Wall Street analysts predict that Paychex's share price could fall to $134.36 by Nov 19, 2025. The average Paychex stock price prediction forecasts a potential downside of 5.95% from the current PAYX share price of $142.86.

What is PAYX's Earnings Per Share (EPS) forecast for 2025-2027?

(NASDAQ: PAYX) Paychex's current Earnings Per Share (EPS) is $4.72. On average, analysts forecast that PAYX's EPS will be $4.98 for 2025, with the lowest EPS forecast at $4.94, and the highest EPS forecast at $5.02. On average, analysts forecast that PAYX's EPS will be $5.31 for 2026, with the lowest EPS forecast at $5.26, and the highest EPS forecast at $5.37. In 2027, PAYX's EPS is forecast to hit $5.62 (min: $5.53, max: $5.74).

What is PAYX's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: PAYX) forecast ROE is 52.58%, which is considered strong.
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