← ANALYST RATINGS · TIPRANKS
Paychex (PAYX): analyst forecast and price target
Analyst consensus
Hold1 Buy13 Hold2 Sell
Ratings of 16 analysts in the last 3 months12-month forecast
Based on 16 price targets given in the last 3 months, the average target is $116, the highest $150, the lowest $96.00. The average is +3.9% from the last price of $112.
Analyst ratings 17
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI xAi Staffing and Employment ServicesxAI Grok-3 | TipRanks - xAI | $123 → $124+0.8% | Buy | +11.1% | Reiterated | 17.10.26on TipRanks 09:06 | — | |
| AI DeepSeek Staffing and Employment ServicesDeepSeek R1-0528 | TipRanks - DeepSeek | $120 → $121+0.8% | Hold | +8.4% | Reiterated | 17.10.26on TipRanks 09:06 | — | |
| AI OpenAI Staffing and Employment ServicesOpenAI 4o | TipRanks - OpenAI | $121 → $122+0.8% | Hold | +9.3% | Downgrade | 17.10.26on TipRanks 09:06 | — | |
| AI Google Staffing and Employment ServicesGemini 2.5Pro | TipRanks - Google | $127 → $128+0.8% | Buy | +14.7% | Reiterated | 17.10.26on TipRanks 09:06 | — | |
| AI PerPlexity Staffing and Employment ServicesPerPlexity SonarPro | TipRanks - PerPlexity | $124 → $125+0.8% | Buy | +12.0% | Reiterated | 17.10.26on TipRanks 09:06 | — | |
| AI Anthropic Staffing and Employment ServicesAnthropic Opus-4.1 | TipRanks - Anthropic | $113 → $124+9.7% | Buy | +11.1% | Reiterated | 16.10.26on TipRanks 04:05 | — | |
| Mark Marcon★★★★★★★★★★#763 · hits 60% · avg +12.2% | Robert W. Baird | $125 → $110−12.0% | Hold | −1.5% | Reiterated | 28.09.26on TipRanks 07:40 | −1.3%next day +0.2% · 5 days −0.7% | ↗ |
| Kevin Mcveigh★★★★★★★★★★#3009 · hits 54% · avg +4.2% | UBS | $111 → $115+3.6% | Hold | +3.0% | Reiterated | 28.09.26on TipRanks Sep 24 08:50 | −2.7%next day −0.8% · 5 days −0.3% | ↗ |
| Ramsey El Assal★★★★★★★★★★#11271 · hits 48% · avg −2.2% | Cantor Fitzgerald | $112 → $96.00−14.3% | Sell | −14.0% | Reiterated | 25.09.26on TipRanks Sep 28 08:30 | −0.8%next day −1.3% · 5 days −2.2% | ↗ |
| Jared Levine★★★★★★★★★★#5971 · hits 48% · avg +2.7% | TD Cowen | $117 → $105−10.3% | Hold | −5.9% | Reiterated | 25.09.26on TipRanks 10:10 | −0.8%next day −1.3% · 5 days −2.2% | ↗ |
| James Faucette★★★★★★★★★★#2607 · hits 60% · avg +3.1% | Morgan Stanley | $109 | Hold | −2.4% | Assigned | 25.09.26on TipRanks 08:35 | −0.8%next day −1.3% · 5 days −2.2% | ↗ |
| Daniel Jester★★★★★★★★★★#4103 · hits 50% · avg +3.2% | BMO Capital | $118 → $113−4.2% | Hold | +1.2% | Reiterated | 24.09.26on TipRanks 07:50 | −2.7%next day −0.8% · 5 days −0.3% | ↗ |
| David Grossman★★★★★★★★★★#4304 · hits 49% · avg +2.3% | Stifel Nicolaus | $130 → $112−13.8% | Hold | +0.3% | Reiterated | 24.09.26on TipRanks 06:50 | −2.7%next day −0.8% · 5 days −0.3% | ↗ |
| Jason Kupferberg★★★★★★★★★★#12264 · hits 47% · avg −7.5% | Wells Fargo | $111 | Sell | −0.6% | Reiterated | 24.09.26on TipRanks 05:30 | −2.7%next day −0.8% · 5 days −0.3% | ↗ |
| Jacob Smith CFA★★★★★★★★★★#4434 · hits 82% · avg +15.2% | Guggenheim | — | Hold | — | Reiterated | 23.09.26on TipRanks Sep 24 13:00 | −8.0%next day −2.7% · 5 days −5.1% | ↗ |
| Ashish Sabadra★★★★★★★★★★#6262 · hits 53% · avg +0.6% | RBC Capital | $130 | Hold | +16.5% | Reiterated | 23.09.26on TipRanks Sep 24 06:45 | −8.0%next day −2.7% · 5 days −5.1% | ↗ |
| Tien Tsin Huang★★★★★★★★★★#2566 · hits 54% · avg +3.8% | J.P. Morgan | $105 → $115+9.5% | Hold | +3.0% | Upgrade | 23.09.26on TipRanks 18:40 | −2.7%next day −0.8% · 5 days −0.3% | ↗ |
| Samad Samana★★★★★★★★★★#5609 · hits 46% · avg +1.2% | Jefferies | $120 → $110−8.3% | Hold | −1.5% | Assigned | 23.09.26on TipRanks 16:00 | −2.7%next day −0.8% · 5 days −0.3% | ↗ |
| Andrew Nicholas★★★★★★★★★★#9028 · hits 38% · avg −0.2% | William Blair | — | Hold | — | Reiterated | 21.09.26on TipRanks 08:15 | −2.5%next day −0.4% · 5 days −12.6% | ↗ |
| Scott Wurtzel★★★★★★★★★★#6902 · hits 47% · avg +2.6% | Wolfe Research | — | Hold | — | Upgrade | 16.09.26on TipRanks 05:20 | −0.9%next day −1.3% · 5 days −12.6% | ↗ |
| Bryan Keane★★★★★★★★★★#1581 · hits 59% · avg +6.7% | Citi | $150 | Buy | +34.4% | Reiterated | 10.09.26on TipRanks Sep 11 06:15 | +1.0%next day −0.3% · 5 days +0.5% | ↗ |
| Brett Huff★★★★★★★★★★#193 · hits 77% · avg +23.2% | Stephens | $132 | Hold | +18.2% | Initiated | 03.09.26on TipRanks 16:15 | −2.3%next day −3.4% · 5 days −1.4% | ↗ |
| Unknown Analyst | Mizuho Securities | $137 → $126−8.0% | Hold | +12.9% | Reiterated | 17.12.25on TipRanks 09:30 | +2.4%next day −2.9% · 5 days −4.9% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering Paychex
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $116 at a price of $98.50 (+17.8%); now: $116 at $112 (+3.9%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 2 | 3 | 3 | 2 | 1 |
| Hold | 20 | 16 | 14 | 17 | 23 | 22 |
| Sell | 5 | 5 | 5 | 5 | 4 | 3 |
Earnings and sales forecast
Next report: 17.12.26 (Q2 2027, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $1.27 (from $1.24 to $1.31). Last quarter: $1.34.
Sales
Next quarter’s sales estimate — $1.6B (from $1.6B to $1.6B). Last quarter: $1.6B.
Best top-analyst consensus in the sector · Technology
About Paychex
- CEO: John Gibson Jr.
- Employees: 17,600
- 911 Panorama Trail South, Rochester, NY, 14625-2396, US
- www.paychex.com
Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc. delivers comprehensive human capital management (HCM) solutions. The company primarily serves small to medium-sized enterprises (SMEs) across the United States, Europe, and India, addressing their needs in human resources, payroll administration, employee benefits, and insurance. Its diverse service portfolio includes: Payroll Management: Encompassing core payroll processing, payroll tax administration, employee payment facilitation, and ensuring compliance with regulations like new-hire reporting and garnishment processing. Human Resources Solutions: Providing support for employer compliance, HR and employee benefits administration, risk management outsourcing, and even the availability of professionally trained on-site HR representatives. Retirement Services: Offering full administration for retirement plans, which covers implementation, ongoing adherence to government regulations, reporting for both participants and employers, online access capabilities, electronic funds transfers, and other administrative tasks. Cloud-based HR Software: A suite of software products designed for efficient HR administration, including tools for benefits management, time and attendance tracking, digital communication, recruitment, and onboarding processes. Additional Business Services: This category features plan administration outsourcing, state unemployment insurance services, and various support functions for SMBs such as payroll funding and outsourcing (including payroll processing, invoicing, and tax preparation), payment processing solutions, financial wellness programs, and a resource center for small business loans. Insurance Offerings: Providing both property and casualty coverage, which includes workers' compensation, business-owner policies, cybersecurity protection, and commercial auto insurance, alongside health and benefits coverage like medical, dental, vision, and life insurance. Paychex primari
Data from the stock’s TipRanks forecast page, read 6 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗