Free Trial
→ Musk’s Project Colossus could mint millionaires (From Brownstone Research) (Ad)tc pixel Free PAYX Stock Alerts

Paychex (PAYX) Stock Forecast & Price Target

Paychex logo
$131.62 -0.35 (-0.27%)
Closing price 09/16/2025 04:00 PM Eastern
Extended Trading
$131.60 -0.02 (-0.01%)
As of 07:27 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Compare

Paychex - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Reduce
Based on 11 Analyst Ratings
Sell
1
Hold
10
Buy
0

Based on 11 Wall Street analysts who have issued ratings for Paychex in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 11 analysts, 1 has given a sell rating, and 10 have given a hold rating for PAYX.

Consensus Price Target

$149.70
13.74% Upside
According to the 11 analysts' twelve-month price targets for Paychex, the average price target is $149.70. The highest price target for PAYX is $165.00, while the lowest price target for PAYX is $131.00. The average price target represents a forecasted upside of 13.74% from the current price of $131.62.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
Get the Latest News and Ratings for PAYX and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Paychex and its competitors.

Sign Up
By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

PAYX Analyst Ratings Over Time

TypeCurrent Forecast
9/17/24 to 9/17/25		1 Month Ago
8/18/24 to 8/18/25		3 Months Ago
6/19/24 to 6/19/25		1 Year Ago
9/18/23 to 9/17/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
10 Hold rating(s)
10 Hold rating(s)
10 Hold rating(s)
10 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$149.70$150.70$143.36$123.00
Forecasted Upside13.74% Upside9.54% Upside-4.63% Downside-8.84% Downside
Consensus RatingReduceReduceReduceReduce

PAYX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

PAYX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Paychex Stock vs. The Competition

TypePaychexComputer and Technology CompaniesS&P 500
Consensus Rating Score
1.91
2.64
2.53
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside13.74% Upside61.33% Upside11.50% Upside
News Sentiment Rating
Very Positive News

See Recent PAYX News
Positive News
Positive News
Export to Excel
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside		Details
8/21/2025Citigroup
2 of 5 stars
Peter Christiansen
Peter Christiansen
Not Rated
Lower TargetNeutral$158.00 ➝ $148.00+6.79%
8/14/2025JPMorgan Chase & Co.
2 of 5 stars
Tien-Tsin Huang
Tien-Tsin Huang
Not Rated
Boost TargetUnderweight$148.00 ➝ $153.00+10.52%
7/10/2025BMO Capital Markets
4 of 5 stars
Daniel Jester
Not Rated
Initiated CoverageMarket Perform$160.00+9.63%
6/27/2025Morgan Stanley
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
James Faucette
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
Lower TargetEqual Weight$150.00 ➝ $148.00+3.03%
6/26/2025Stifel Nicolaus
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
David Grossman
David Grossman
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
Lower TargetHold$156.00 ➝ $152.00+8.28%
6/26/2025UBS Group
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
Kevin Mcveigh
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
Lower TargetNeutral$155.00 ➝ $145.00+2.86%
6/26/2025Jefferies Financial Group
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
Samad Samana
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
Set TargetHold$155.00 ➝ $140.00+1.49%
6/24/2025Barclays
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
Ramsey El-Assal
Ramsey El-Assal
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
Set TargetEqual Weight$155.00+2.91%
6/24/2025Royal Bank Of Canada
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
Ashish Sabadra
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
Set TargetSector Perform$165.00+9.55%
3/27/2025Cfra Research
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
S. Gheewala
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
UpgradeHold
10/2/2024TD Cowen
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 Boost TargetHold$126.00 ➝ $131.00-7.37%
6/27/2024Bank of America
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 Boost TargetUnderperform$111.00 ➝ $113.00-3.74%
6/27/2024Robert W. Baird
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 Lower TargetNeutral$126.00 ➝ $124.00+5.63%
4/3/2024Wedbush
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 Reiterated RatingNeutral$115.00-5.80%
3/26/2024Evercore ISI
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 Reiterated RatingIn-Line$118.00-1.14%
10/3/2023Argus
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 Boost Target$125.00 ➝ $130.00+14.26%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:41 AM ET.


Should I Buy Paychex Stock? PAYX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 15, 2025. Please send any questions or comments about these Paychex pros and cons to contact@marketbeat.com.

Paychex
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Paychex, Inc.:

  • The current stock price is around $135, which may present a buying opportunity for investors looking for growth in the business services sector.
  • Paychex, Inc. reported a strong earnings performance recently, achieving earnings per share that met consensus estimates, indicating stability and reliability in its financial performance.
  • The company has a high net margin, suggesting efficient management and profitability, which can be attractive for investors seeking solid returns.
  • Institutional investors and hedge funds own a significant portion of the stock, indicating confidence from large financial entities in Paychex, Inc.'s future prospects.
  • Recent acquisitions by institutional investors, such as SCS Capital Management, reflect growing interest and potential for future growth in the company's stock value.

Paychex
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Paychex, Inc. for these reasons:

  • Insider selling activity has been noted, with significant shares sold by the CEO and Chairman, which may raise concerns about their confidence in the company's future performance.
  • The stock has experienced fluctuations, with a recent drop in price, which could indicate volatility and risk for potential investors.
  • The company's debt-to-equity ratio is relatively high, suggesting that it may be relying more on borrowed funds, which can be a risk factor in economic downturns.
  • Despite strong earnings, the price-to-earnings ratio indicates that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
  • Market conditions and economic uncertainties could impact the business services sector, potentially affecting Paychex, Inc.'s growth and profitability.

PAYX Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Paychex is $149.70, with a high forecast of $165.00 and a low forecast of $131.00.

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paychex in the last twelve months. There is currently 1 sell rating and 10 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" PAYX shares.

According to analysts, Paychex's stock has a predicted upside of 13.74% based on their 12-month stock forecasts.

Analysts like Paychex less than other "computer and technology" companies. The consensus rating for Paychex is Reduce while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how PAYX compares to other companies.

Related Companies
Today's Ratings
Top-Rated Stocks
More Ratings Tools

This page (NASDAQ:PAYX) was last updated on 9/17/2025 by MarketBeat.com Staff
From Our Partners
He Called Nvidia at $1.10. Now, He Says THIS Stock Will…
The original Magnificent Seven returned 16,894%—turning $7K into $1.18 million. Now, the man who called Nvi...
The Oxford Club | Sponsoredtc pixel
INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
Right now, we’re witnessing a monumental shift in the world.
Traders Agency | Sponsoredtc pixel
Why Trump’s “Smart Dollar” could rewrite the rules
MUST SEE: Donald Trump's Radical Overhaul of the U.S. Dollar Congress just approved President Trump's lates...
Stansberry Research | Sponsoredtc pixel
Trump's Law S.1582: $21T Dollar Revolution Coming
Do you have money in any of these banks? Chase. Bank of America. Citigroup. Wells Fargo. U.S. Bancorp. I...
Brownstone Research | Sponsoredtc pixel
Strange crypto pattern discovered by 40-person research team
Something unusual is happening inside a 40-person crypto research firm. They're helping 8,000+ ordinary peo...
Crypto Swap Profits | Sponsoredtc pixel
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank ac...
Weiss Ratings | Sponsoredtc pixel
Forget NVDA. Put $1,000 into this stock now
A massive money shift is underway in the AI market. And it's opening up an extraordinary opportunity in a NEW ...
Chaikin Analytics | Sponsoredtc pixel
IRS Wants Another Check on Sept 15th—What If You Could Keep It Instead?
On September 15th, the IRS collects another round of quarterly tax payments—targeting self-employed profession...
American Alternative | Sponsoredtc pixel