Paychex, Inc. (PAYX) Stock Forecast
PAYX analyst forecast
as of October 18, 2026- Analyst consensus
- Hold 3.00 / 5 from 19 analysts
- Price target
- $113.93 average of analyst targets
- Upside to target
- +2.1% from the latest close
- Next earnings
- —
- 52-week range
- $85.57 – $127.54
PAYX analyst ratings
19 analystsNumber of analysts at each rating.
PAYX price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
PAYX earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Nov '26) | $1.28 | $1.24 | $1.31 | $1.26 | +1.3% | 18 |
| Next quarter (Feb '27) | $1.87 | $1.85 | $1.92 | $1.71 | +9.4% | 18 |
| Current fiscal year (FY2027) | $5.96 | $5.93 | $6.00 | $5.51 | +8.2% | 19 |
| Next fiscal year (FY2028) | $6.39 | $6.00 | $6.50 | $5.96 | +7.2% | 19 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
PAYX revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Nov '26) | $1.62B | $1.62B | $1.63B | +4.1% | 16 |
| Next quarter (Feb '27) | $1.91B | $1.90B | $1.92B | +5.6% | 16 |
| Current fiscal year (FY2027) | $6.86B | $6.84B | $6.88B | +5.4% | 18 |
| Next fiscal year (FY2028) | $7.24B | $7.20B | $7.29B | +5.5% | 18 |
PAYX EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
PAYX revenue: reported and forecast
PAYX EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Nov '26) | $1.36 | $1.36 | $1.36 | $1.28 | $1.28 | −6.3% | 0 up · 16 down |
| Next quarter (Feb '27) | $1.84 | $1.84 | $1.84 | $1.87 | $1.87 | +1.8% | 13 up · 2 down |
| Current fiscal year (FY2027) | $5.97 | $5.98 | $5.98 | $5.96 | $5.96 | −0.1% | 5 up · 7 down |
| Next fiscal year (FY2028) | $6.39 | $6.38 | $6.39 | $6.39 | $6.39 | −0.0% | 4 up · 9 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
PAYX earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; PAYX beat in 11 of 12.
What analysts expect from PAYX
19 analysts cover Paychex; their consensus rating is hold (3.00 on a 1–5 scale, where 5 is a strong buy). The average price target is $113.93, 2.1% above the latest close of $111.63. Analysts expect earnings of $5.96 per share for FY2027, +8.2% from a year earlier. For FY2028 the average estimate is $6.39 per share on revenue of $7.2 billion. Paychex beat the EPS estimate in 11 of the last 12 quarters.
Related: PAYX income statement, PAYX key metrics, PAYX chart. See the PAYX stock overview for the latest quote and news.
PAYX forecast FAQ
What is Paychex's price target?
The average analyst price target for Paychex is $113.93, 2.1% above the latest close of $111.63.
Is Paychex a buy, hold or sell?
Of 19 analysts covering Paychex, 2 rate it a strong buy, 0 a buy, 15 a hold, 0 a sell and 2 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is Paychex's EPS forecast?
Analysts forecast $5.96 per share for FY2027 (range $5.93 to $6.00); for FY2028 the estimate is $6.39.
What is Paychex's revenue forecast?
The average revenue estimate for FY2027 is $6.9 billion, growth of 5.4%; for FY2028 it is $7.2 billion.
Does Paychex usually beat earnings estimates?
Paychex reported EPS at or above the analyst estimate in 11 of the last 12 quarters.