Paychex Inc
NASDAQ:PAYX

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Paychex Inc
NASDAQ:PAYX
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Price: 139.54 USD 1.26% Market Closed
Market Cap: 50.2B USD
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Wall Street
Price Targets

PAYX Price Targets Summary
Paychex Inc

Wall Street analysts forecast PAYX stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PAYX is 137.16 USD with a low forecast of 116.15 USD and a high forecast of 157.5 USD.

Lowest
Price Target
116.15 USD
17% Downside
Average
Price Target
137.16 USD
2% Downside
Highest
Price Target
157.5 USD
13% Upside

PAYX Last Price Targets
Paychex Inc

The latest public price target was made on Oct 2, 2024 by Kevin McVeigh from UBS , who expects PAYX stock to rise by 2% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Kevin McVeigh
UBS
142 USD
Upside 2%
2 months ago
Oct 2, 2024
Paychex price target raised to $142 from $125 at UBS
TheFly
Ramsey El-Assal
Barclays
132 USD
Downside 5%
3 months ago
Sep 22, 2024
Paychex price target raised to $132 from $118 at Barclays
TheFly
John Eade
Argus Research
135 USD
Downside 3%
5 months ago
Jun 28, 2024
Paychex's recent weakness offers buying opportunity, says Argus
TheFly
James Faucette
Morgan Stanley
122 USD
Downside 13%
5 months ago
Jun 27, 2024
Paychex price target lowered to $122 from $125 at Morgan Stanley
TheFly
Mark Marcon
Robert W. Baird
124 USD
Downside 11%
5 months ago
Jun 27, 2024
Paychex (PAYX) PT Lowered to $124 at Baird
StreetInsider
David Togut
Evercore ISI
130 USD
Downside 7%
5 months ago
Jun 26, 2024
Paychex (PAYX) PT Raised to $130 at Evercore ISI
StreetInsider
David Togut
Evercore ISI
116 USD
Downside 17%
8 months ago
Apr 2, 2024
Paychex (PAYX) PT Lowered to $116 at Evercore ISI
StreetInsider
David Grossman
Stifel Nicolaus
130 USD
Downside 7%
8 months ago
Apr 1, 2024
Paychex Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
James Faucette
Morgan Stanley
125 USD
Downside 10%
1 year ago
Sep 27, 2023
Paychex Likely To Report Higher Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Moshe Katri
Wedbush
115 USD
Downside 18%
1 year ago
Sep 27, 2023
Paychex Likely To Report Higher Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Ashish Sabadra
RBC Capital
130 USD
Downside 7%
1 year ago
Sep 5, 2023
Paychex's Strong Fundamentals Vs. Market Headwinds: Analyst Initiates With Sector Perform Rating
Benzinga
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Kevin McVeigh
UBS
Price Target 142 USD
Upside/Downside 2%
View Source
Ramsey El-Assal
Barclays
Price Target 132 USD
Upside/Downside 5%
View Source
John Eade
Argus Research
Price Target 135 USD
Upside/Downside 3%
View Source
James Faucette
Morgan Stanley
Price Target 122 USD
Upside/Downside 13%
View Source
Mark Marcon
Robert W. Baird
Price Target 124 USD
Upside/Downside 11%
View Source
David Togut
Evercore ISI
Price Target 130 USD
Upside/Downside 7%
View Source
David Togut
Evercore ISI
Price Target 116 USD
Upside/Downside 17%
View Source
David Grossman
Stifel Nicolaus
Price Target 130 USD
Upside/Downside 7%
View Source
James Faucette
Morgan Stanley
Price Target 125 USD
Upside/Downside 10%
View Source
Moshe Katri
Wedbush
Price Target 115 USD
Upside/Downside 18%
View Source
Ashish Sabadra
RBC Capital
Price Target 130 USD
Upside/Downside 7%
View Source
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Paychex Inc Competitors:
Price Targets
CAMS
Computer Age Management Services Ltd
8% Downside
TYR
Tyro Payments Ltd
69% Upside
EYE
Eagle Eye Solutions Group PLC
89% Upside
MMS
Maximus Inc
59% Upside
CPAY
Fleetcor Technologies Inc
17% Upside
PAY
Paymentus Holdings Inc
4% Downside
WISE
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5% Downside
FIS
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17% Upside

Revenue
Forecast

Revenue Estimate
Paychex Inc

For the last 8 years the compound annual growth rate for Paychex Inc's revenue is 8%. The projected CAGR for the next 3 years is 6%.

8%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Paychex Inc

For the last 8 years the compound annual growth rate for Paychex Inc's operating income is 9%. The projected CAGR for the next 3 years is 7%.

9%
Past Growth
7%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Paychex Inc

For the last 8 years the compound annual growth rate for Paychex Inc's net income is 11%. The projected CAGR for the next 3 years is 7%.

11%
Past Growth
7%
Estimated Growth
Estimates Accuracy
0%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PAYX's stock price target?
Price Target
137.16 USD

According to Wall Street analysts, the average 1-year price target for PAYX is 137.16 USD with a low forecast of 116.15 USD and a high forecast of 157.5 USD.

What is Paychex Inc's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Paychex Inc's revenue is 8%. The projected CAGR for the next 3 years is 6%.

What is Paychex Inc's Operating Income forecast?
Projected CAGR
7%

For the last 8 years the compound annual growth rate for Paychex Inc's operating income is 9%. The projected CAGR for the next 3 years is 7%.

What is Paychex Inc's Net Income forecast?
Projected CAGR
7%

For the last 8 years the compound annual growth rate for Paychex Inc's net income is 11%. The projected CAGR for the next 3 years is 7%.

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