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

Analyst price target for PAYX

Based on 8 analysts offering 12 month price targets for Paychex Inc.
Min Forecast
$113.00-3.47%
Avg Forecast
$120.13+2.62%
Max Forecast
$130.00+11.05%

Should I buy or sell PAYX stock?

Based on 8 analysts offering ratings for Paychex Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
7 analysts 87.5%
Sell
1 analysts 12.5%
Strong Sell
0 analysts 0%

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PAYX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-07-01
lockedlocked$00.00+00.00%2024-06-27
lockedlocked$00.00+00.00%2024-06-27
lockedlocked$00.00+00.00%2024-06-27
lockedlocked$00.00+00.00%2024-06-27
TD Cowen
Top 26%
75
HoldMaintains$121.00+3.37%2024-04-03
Wedbush
Top 19%
82
HoldReiterates$115.00-1.76%2024-04-03
Evercore ISI Group
Bottom 4%
4
HoldMaintains$118.00+0.80%2024-03-26

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Forecast return on equity

Is PAYX forecast to generate an efficient return?
Company
53.76%
Industry
89.87%
Market
80.32%
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
19.68%
Industry
11.23%
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 10 analysts?
Avg 1 year Forecast
$4.99+6.34%
Avg 2 year Forecast
$5.33+13.59%
Avg 3 year Forecast
$5.67+20.97%
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+4.63%
Avg 2 year Forecast
$5.8B+10.3%
Avg 3 year Forecast
$6.1B+16.41%
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
6.54%
Industry
9.17%
Market
19.06%
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
5.16%
Industry
6.04%
Market
10.56%
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$117.06$120.13+2.62%Hold
BZ$18.96$25.00+31.86%Strong Buy
RHI$62.75$77.75+23.90%Buy
TNET$101.10$126.33+24.96%Strong Buy
KFY$65.98$75.00+13.67%Buy

Paychex Stock Forecast FAQ

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

The consensus among 8 Wall Street analysts covering (NASDAQ: PAYX) stock is to Hold PAYX stock.

Out of 8 analysts, 0 (0%) are recommending PAYX as a Strong Buy, 0 (0%) are recommending PAYX as a Buy, 7 (87.5%) are recommending PAYX as a Hold, 1 (12.5%) are recommending PAYX as a Sell, and 0 (0%) 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 6.54% is not forecast to beat the US Staffing & Employment Services industry's average forecast earnings growth rate of 9.17%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.06%.

Paychex's earnings in 2024 is $1,690,400,000.On average, 10 Wall Street analysts forecast PAYX's earnings for 2025 to be $1,796,132,969, with the lowest PAYX earnings forecast at $1,779,026,940, and the highest PAYX earnings forecast at $1,807,837,093. On average, 7 Wall Street analysts forecast PAYX's earnings for 2026 to be $1,918,540,106, with the lowest PAYX earnings forecast at $1,901,470,090, and the highest PAYX earnings forecast at $1,937,482,781.

In 2027, PAYX is forecast to generate $2,043,252,055 in earnings, with the lowest earnings forecast at $2,005,906,894 and the highest earnings forecast at $2,074,331,007.

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

(NASDAQ: PAYX) Paychex's forecast annual revenue growth rate of 5.16% is not forecast to beat the US Staffing & Employment Services industry's average forecast revenue growth rate of 6.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.56%.

Paychex's revenue in 2024 is $5,278,300,000.On average, 7 Wall Street analysts forecast PAYX's revenue for 2025 to be $1,988,870,010,364, with the lowest PAYX revenue forecast at $1,982,138,518,144, and the highest PAYX revenue forecast at $1,994,602,510,534. On average, 7 Wall Street analysts forecast PAYX's revenue for 2026 to be $2,096,698,849,929, with the lowest PAYX revenue forecast at $2,077,752,213,015, and the highest PAYX revenue forecast at $2,118,746,179,547.

In 2027, PAYX is forecast to generate $2,212,722,737,481 in revenue, with the lowest revenue forecast at $2,163,930,582,817 and the highest revenue forecast at $2,255,971,818,730.

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

(NASDAQ: PAYX) forecast ROA is 19.68%, which is higher than the forecast US Staffing & Employment Services industry average of 11.23%.

What is PAYX's Price Target?

According to 8 Wall Street analysts that have issued a 1 year PAYX price target, the average PAYX price target is $120.13, with the highest PAYX stock price forecast at $130.00 and the lowest PAYX stock price forecast at $113.00.

On average, Wall Street analysts predict that Paychex's share price could reach $120.13 by Jul 1, 2025. The average Paychex stock price prediction forecasts a potential upside of 2.62% from the current PAYX share price of $117.06.

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

(NASDAQ: PAYX) Paychex's current Earnings Per Share (EPS) is $4.69. On average, analysts forecast that PAYX's EPS will be $4.99 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 $5.33 for 2026, with the lowest EPS forecast at $5.28, and the highest EPS forecast at $5.38. In 2027, PAYX's EPS is forecast to hit $5.67 (min: $5.57, max: $5.76).

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

(NASDAQ: PAYX) forecast ROE is 53.76%, which is considered strong.
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