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Paychex Analyst Ratings

PAYXNASDAQ
Logo brought to you by Benzinga Data
$147.62
-1.45-0.97%
At close: -
$147.62
0.000.00%
After Hours: 6:25 PM EDT
Paycor HCM (PYCR) was acquired by Paychex (PAYX) on Monday, April 14, 2025 for $4.1B paid in cash
Consensus Rating1
Hold
Highest Price Target1
$158.00
Lowest Price Target1
$106.00
Consensus Price Target1
$134.42

Paychex Analyst Ratings and Price Targets | NASDAQ:PAYX | Benzinga

Paychex Inc has a consensus price target of $134.42 based on the ratings of 19 analysts. The high is $158 issued by Citigroup on March 27, 2025. The low is $106 issued by Barclays on July 3, 2023. The 3 most-recent analyst ratings were released by Barclays, Morgan Stanley, and Citigroup on March 31, 2025, March 27, 2025, and March 27, 2025, respectively. With an average price target of $151.67 between Barclays, Morgan Stanley, and Citigroup, there's an implied 2.74% upside for Paychex Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Nov 24
1
Dec 24
4
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Morgan Stanley
Citigroup
Stifel
UBS

1calculated from analyst ratings

Analyst Ratings for Paychex

Buy NowGet Alert
03/31/2025Buy Now5%Barclays
Ramsey El-Assal64%
$140 → $155MaintainsEqual-WeightGet Alert
03/27/2025Buy Now-3.81%Morgan Stanley
James Faucette66%
$137 → $142MaintainsEqual-WeightGet Alert
03/27/2025Buy Now7.03%Citigroup
Peter Christiansen63%
$145 → $158MaintainsNeutralGet Alert
03/27/2025Buy Now5.68%Stifel
Bryan Bergin65%
$141 → $156MaintainsHoldGet Alert
03/04/2025Buy Now5%UBS
Kevin Mcveigh55%
$152 → $155MaintainsNeutralGet Alert
12/23/2024Buy Now-5.16%Barclays
Ramsey El-Assal64%
$135 → $140MaintainsEqual-WeightGet Alert
12/20/2024Buy Now0.26%RBC Capital
Ashish Sabadra68%
$148 → $148ReiteratesSector Perform → Sector PerformGet Alert
12/03/2024Buy Now-1.1%TD Cowen
Bryan Bergin65%
$131 → $146MaintainsHoldGet Alert
12/03/2024Buy Now-1.1%Stifel
Bryan Bergin65%
$131 → $146MaintainsHoldGet Alert
11/19/2024Buy Now-5.84%JP Morgan
Tien-Tsin Huang65%
$133 → $139MaintainsUnderweightGet Alert
10/07/2024Buy Now-8.55%Barclays
Ramsey El-Assal64%
$132 → $135MaintainsEqual-WeightGet Alert
10/02/2024Buy Now-1.77%Citigroup
Peter Christiansen63%
$145 → $145ReiteratesNeutral → NeutralGet Alert
10/02/2024Buy Now-11.26%TD Cowen
Bryan Bergin65%
$126 → $131MaintainsHoldGet Alert
10/02/2024Buy Now-4.48%Stifel
David Grossman62%
$130 → $141MaintainsHoldGet Alert
10/02/2024Buy Now-11.94%Jefferies
Samad Samana52%
$120 → $130MaintainsHoldGet Alert
10/02/2024Buy Now0.26%RBC Capital
Ashish Sabadra68%
$130 → $148MaintainsSector PerformGet Alert
10/02/2024Buy Now-3.81%UBS
Kevin Mcveigh55%
$125 → $142MaintainsNeutralGet Alert
10/02/2024Buy Now-9.9%Morgan Stanley
James Faucette66%
$122 → $133MaintainsEqual-WeightGet Alert
09/25/2024Buy Now-1.77%Citigroup
Peter Christiansen63%
$125 → $145MaintainsNeutralGet Alert
09/23/2024Buy Now-10.58%Barclays
Ramsey El-Assal64%
$118 → $132MaintainsEqual-WeightGet Alert
09/12/2024Buy Now-14.65%Stifel
Bryan Bergin65%
$121 → $126MaintainsHoldGet Alert
09/12/2024Buy Now-14.65%TD Cowen
Bryan Bergin65%
$121 → $126MaintainsHoldGet Alert
08/20/2024Buy Now-13.29%JP Morgan
Tien-Tsin Huang65%
$120 → $128MaintainsUnderweightGet Alert
07/27/2024Buy Now-18.03%Stifel
Bryan Bergin65%
$121 → $121ReiteratesHold → HoldGet Alert
07/01/2024Buy Now-20.07%Barclays
Ramsey El-Assal64%
$120 → $118MaintainsEqual-WeightGet Alert
06/27/2024Buy Now-17.36%Morgan Stanley
James Faucette66%
$125 → $122MaintainsEqual-WeightGet Alert
06/27/2024Buy Now-11.94%RBC Capital
Ashish Sabadra68%
$130 → $130ReiteratesSector Perform → Sector PerformGet Alert
06/27/2024Buy Now-16%Baird
Mark Marcon70%
$126 → $124MaintainsNeutralGet Alert
06/27/2024Buy Now-23.45%B of A Securities
Jason Kupferberg54%
$111 → $113MaintainsUnderperformGet Alert
05/21/2024Buy Now-11.94%RBC Capital
Ashish Sabadra68%
$130 → $130ReiteratesSector Perform → Sector PerformGet Alert
04/08/2024Buy Now-15.32%UBS
Kevin Mcveigh55%
$120 → $125MaintainsNeutralGet Alert
04/03/2024Buy Now-11.94%RBC Capital
Ashish Sabadra68%
$130 → $130ReiteratesSector Perform → Sector PerformGet Alert
04/03/2024Buy Now-22.1%Wedbush
Moshe Katri72%
$115 → $115ReiteratesNeutral → NeutralGet Alert
04/03/2024Buy Now-24.81%B of A Securities
Jason Kupferberg54%
$108 → $111MaintainsUnderperformGet Alert
04/03/2024Buy Now-18.03%TD Cowen
Bryan Bergin65%
$122 → $121MaintainsHoldGet Alert
03/26/2024Buy Now-20.07%Evercore ISI Group
David Togut49%
$118 → $118MaintainsIn-LineGet Alert
03/08/2024Buy Now-17.36%TD Cowen
Bryan Bergin65%
$123 → $122MaintainsMarket PerformGet Alert
02/02/2024Buy Now-26.84%B of A Securities
Jason Kupferberg54%
$105 → $108MaintainsUnderperformGet Alert
12/26/2023Buy Now-15.32%Citigroup
Peter Christiansen63%
$130 → $125MaintainsNeutralGet Alert
12/22/2023Buy Now-11.94%RBC Capital
Ashish Sabadra68%
$130 → $130ReiteratesSector Perform → Sector PerformGet Alert
12/22/2023Buy Now-11.94%Stifel
David Grossman62%
$124 → $130MaintainsHoldGet Alert
12/22/2023Buy Now-14.65%JP Morgan
Tien-Tsin Huang65%
$134 → $126MaintainsUnderweightGet Alert
12/22/2023Buy Now-18.71%Barclays
Ramsey El-Assal64%
$126 → $120MaintainsEqual-WeightGet Alert
12/22/2023Buy Now-16.68%TD Cowen
Bryan Bergin65%
$132 → $123DowngradeOutperform → Market PerformGet Alert
12/14/2023Buy Now-14.65%Barclays
Ramsey El-Assal64%
$126 → $126UpgradeUnderweight → Equal-WeightGet Alert
11/07/2023Buy Now-18.71%UBS
Kevin Mcveigh55%
→ $120Initiates → NeutralGet Alert
10/22/2023Buy Now-18.71%Barclays
Ramsey El-Assal64%
$126 → $120MaintainsEqual-WeightGet Alert
09/28/2023Buy Now-11.94%RBC Capital
Ashish Sabadra68%
→ $130ReiteratesSector Perform → Sector PerformGet Alert
09/28/2023Buy Now-13.97%Morgan Stanley
James Faucette66%
$125 → $127MaintainsEqual-WeightGet Alert
09/28/2023Buy Now-11.26%TD Cowen
Bryan Bergin65%
$130 → $131MaintainsOutperformGet Alert
09/28/2023Buy Now-28.19%B of A Securities
Jason Kupferberg54%
$103 → $106MaintainsUnderperformGet Alert
09/26/2023Buy Now-22.1%Wedbush
Moshe Katri72%
→ $115ReiteratesNeutral → NeutralGet Alert
09/05/2023Buy Now-11.94%RBC Capital
Ashish Sabadra68%
→ $130Initiates → Sector PerformGet Alert
08/22/2023Buy Now-9.23%JP Morgan
Tien-Tsin Huang65%
$114 → $134MaintainsUnderweightGet Alert
08/17/2023Buy Now-11.94%TD Cowen
Bryan Bergin65%
$123 → $130MaintainsOutperformGet Alert
07/03/2023Buy Now-14.65%Baird
Mark Marcon70%
$134 → $126MaintainsNeutralGet Alert
07/03/2023Buy Now-15.32%Morgan Stanley
James Faucette66%
$125 → $125ReiteratesEqual-Weight → Equal-WeightGet Alert
07/03/2023Buy Now-28.19%Barclays
Matt Ramsay50%
$109 → $106MaintainsUnderweightGet Alert
06/30/2023Buy Now-15.32%Morgan Stanley
James Faucette66%
$125 → $125ReiteratesEqual-Weight → Equal-WeightGet Alert
06/30/2023Buy Now-22.77%JP Morgan
Tien-Tsin Huang65%
$123 → $114MaintainsUnderweightGet Alert
06/13/2023Buy Now-16.68%TD Cowen
Bryan Bergin65%
$125 → $123MaintainsOutperformGet Alert
06/02/2023Buy Now-22.1%UBS
Rayna Kumar54%
→ $115Initiates → NeutralGet Alert
04/03/2023Buy Now-26.16%Barclays
Matt Ramsay50%
$105 → $109MaintainsUnderweightGet Alert
04/03/2023Buy Now-28.87%B of A Securities
Jason Kupferberg54%
$119 → $105DowngradeNeutral → UnderperformGet Alert
03/30/2023Buy Now-17.36%Stifel
David Grossman62%
$119 → $122MaintainsHoldGet Alert
03/30/2023Buy Now-16.68%JP Morgan
Tien-Tsin Huang65%
$119 → $123MaintainsUnderweightGet Alert
03/13/2023Buy Now-28.87%Barclays
Ramsey El-Assal64%
$110 → $105MaintainsUnderweightGet Alert
01/17/2023Buy Now-25.48%Barclays
Ramsey El-Assal64%
$115 → $110DowngradeEqual-Weight → UnderweightGet Alert
12/23/2022Buy Now-19.39%JP Morgan
Tien-Tsin Huang65%
$121 → $119MaintainsUnderweightGet Alert
12/23/2022Buy Now-15.32%Morgan Stanley
James Faucette66%
$130 → $125MaintainsEqual-WeightGet Alert
12/23/2022Buy Now-22.1%Barclays
Ramsey El-Assal64%
$127 → $115MaintainsEqual-WeightGet Alert
12/23/2022Buy Now-18.71%Jefferies
Samad Samana52%
$130 → $120MaintainsHoldGet Alert
09/29/2022Buy Now-10.58%Cowen & Co.
Bryan Bergin65%
$125 → $132MaintainsOutperformGet Alert
09/29/2022Buy Now-6.52%Credit Suisse
Kevin Mcveigh55%
$150 → $138MaintainsOutperformGet Alert
09/22/2022Buy Now-11.26%Citigroup
Peter Christiansen63%
$125 → $131MaintainsNeutralGet Alert
07/07/2022Buy Now-15.32%Citigroup
Peter Christiansen63%
$145 → $125MaintainsNeutralGet Alert
06/30/2022Buy Now-8.55%Cowen & Co.
Bryan Bergin65%
$140 → $135MaintainsOutperformGet Alert
06/30/2022Buy Now-11.94%Morgan Stanley
James Faucette66%
$140 → $130MaintainsEqual-WeightGet Alert
06/30/2022Buy Now-16.68%Deutsche Bank
Bryan Keane74%
$145 → $123MaintainsHoldGet Alert
06/30/2022Buy Now-13.97%Barclays
Ramsey El-Assal64%
$140 → $127MaintainsEqual-WeightGet Alert
06/30/2022Buy Now-5.16%Credit Suisse
Kevin Mcveigh55%
$165 → $140MaintainsOutperformGet Alert
06/29/2022Buy Now-22.1%Stifel
David Grossman62%
$140 → $115MaintainsHoldGet Alert
06/21/2022Buy Now-5.16%Cowen & Co.
Bryan Bergin65%
$151 → $140MaintainsOutperformGet Alert
05/23/2022Buy Now-11.94%Jefferies
Samad Samana52%
$140 → $130MaintainsHoldGet Alert

FAQ

Q

What is the target price for Paychex (PAYX) stock?

A

The latest price target for Paychex (NASDAQ:PAYX) was reported by Barclays on March 31, 2025. The analyst firm set a price target for $155.00 expecting PAYX to rise to within 12 months (a possible 5.00% upside). 30 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Paychex (PAYX)?

A

The latest analyst rating for Paychex (NASDAQ:PAYX) was provided by Barclays, and Paychex maintained their equal-weight rating.

Q

When was the last upgrade for Paychex (PAYX)?

A

The last upgrade for Paychex Inc happened on December 14, 2023 when Barclays raised their price target to $126. Barclays previously had an underweight for Paychex Inc.

Q

When was the last downgrade for Paychex (PAYX)?

A

The last downgrade for Paychex Inc happened on December 22, 2023 when TD Cowen changed their price target from $132 to $123 for Paychex Inc.

Q

When is the next analyst rating going to be posted or updated for Paychex (PAYX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paychex, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Paychex was filed on March 31, 2025 so you should expect the next rating to be made available sometime around March 31, 2026.

Q

Is the Analyst Rating Paychex (PAYX) correct?

A

While ratings are subjective and will change, the latest Paychex (PAYX) rating was a maintained with a price target of $140.00 to $155.00. The current price Paychex (PAYX) is trading at is $147.62, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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