
Paychex (PAYX) Stock Forecast & Price Target
Paychex (PAYX) Analyst Ratings
Bulls say
Paychex demonstrates a strong market positioning with approximately 800,000 clients and nearly 2.5 million worksite employees across its administrative service organization and professional employer organization, contributing to a diverse revenue stream. The positivity in small business sentiment, evidenced by improved earnings forecasts and health metrics, aligns with Paychex's growth potential as it caters to SMBs facing hiring challenges. Additionally, favorable business formation trends, marked by an increase in new business applications, bolster the outlook for Paychex's services, indicating an ongoing demand for effective human capital management solutions.
Bears say
Paychex has adjusted its fiscal 2026 revenue projection down from $6.54 billion with a 4.8% organic growth estimate to $6.47 billion and a 3.5% organic growth forecast, reflecting a conservative outlook amid a stable but non-improving operating environment. Additionally, the company has lowered its earnings per share estimate from $5.44 to $5.38, resulting from the revised revenue growth expectations while maintaining margins. The stock is currently trading at a 40% premium to an equal-weight S&P 500 index, which indicates potential market overvaluation given the lowered growth assumptions and macroeconomic uncertainties affecting its fundamentals.
This aggregate rating is based on analysts' research of Paychex and is not a guaranteed prediction by Public.com or investment advice.
Paychex (PAYX) Analyst Forecast & Price Prediction
Start investing in Paychex (PAYX)
Order type
Buy in
Order amount
Est. shares
0 shares