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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/31/2025 | Buy Now | 5% | Barclays | Ramsey El-Assal64% | $140 → $155 | Maintains | Equal-Weight | Get Alert |
03/27/2025 | Buy Now | -3.81% | Morgan Stanley | James Faucette66% | $137 → $142 | Maintains | Equal-Weight | Get Alert |
03/27/2025 | Buy Now | 7.03% | Citigroup | Peter Christiansen63% | $145 → $158 | Maintains | Neutral | Get Alert |
03/27/2025 | Buy Now | 5.68% | Stifel | Bryan Bergin65% | $141 → $156 | Maintains | Hold | Get Alert |
03/04/2025 | Buy Now | 5% | UBS | Kevin Mcveigh55% | $152 → $155 | Maintains | Neutral | Get Alert |
12/23/2024 | Buy Now | -5.16% | Barclays | Ramsey El-Assal64% | $135 → $140 | Maintains | Equal-Weight | Get Alert |
12/20/2024 | Buy Now | 0.26% | RBC Capital | Ashish Sabadra68% | $148 → $148 | Reiterates | Sector Perform → Sector Perform | Get Alert |
12/03/2024 | Buy Now | -1.1% | TD Cowen | Bryan Bergin65% | $131 → $146 | Maintains | Hold | Get Alert |
12/03/2024 | Buy Now | -1.1% | Stifel | Bryan Bergin65% | $131 → $146 | Maintains | Hold | Get Alert |
11/19/2024 | Buy Now | -5.84% | JP Morgan | Tien-Tsin Huang65% | $133 → $139 | Maintains | Underweight | Get Alert |
10/07/2024 | Buy Now | -8.55% | Barclays | Ramsey El-Assal64% | $132 → $135 | Maintains | Equal-Weight | Get Alert |
10/02/2024 | Buy Now | -1.77% | Citigroup | Peter Christiansen63% | $145 → $145 | Reiterates | Neutral → Neutral | Get Alert |
10/02/2024 | Buy Now | -11.26% | TD Cowen | Bryan Bergin65% | $126 → $131 | Maintains | Hold | Get Alert |
10/02/2024 | Buy Now | -4.48% | Stifel | David Grossman62% | $130 → $141 | Maintains | Hold | Get Alert |
10/02/2024 | Buy Now | -11.94% | Jefferies | Samad Samana52% | $120 → $130 | Maintains | Hold | Get Alert |
10/02/2024 | Buy Now | 0.26% | RBC Capital | Ashish Sabadra68% | $130 → $148 | Maintains | Sector Perform | Get Alert |
10/02/2024 | Buy Now | -3.81% | UBS | Kevin Mcveigh55% | $125 → $142 | Maintains | Neutral | Get Alert |
10/02/2024 | Buy Now | -9.9% | Morgan Stanley | James Faucette66% | $122 → $133 | Maintains | Equal-Weight | Get Alert |
09/25/2024 | Buy Now | -1.77% | Citigroup | Peter Christiansen63% | $125 → $145 | Maintains | Neutral | Get Alert |
09/23/2024 | Buy Now | -10.58% | Barclays | Ramsey El-Assal64% | $118 → $132 | Maintains | Equal-Weight | Get Alert |
09/12/2024 | Buy Now | -14.65% | Stifel | Bryan Bergin65% | $121 → $126 | Maintains | Hold | Get Alert |
09/12/2024 | Buy Now | -14.65% | TD Cowen | Bryan Bergin65% | $121 → $126 | Maintains | Hold | Get Alert |
08/20/2024 | Buy Now | -13.29% | JP Morgan | Tien-Tsin Huang65% | $120 → $128 | Maintains | Underweight | Get Alert |
07/27/2024 | Buy Now | -18.03% | Stifel | Bryan Bergin65% | $121 → $121 | Reiterates | Hold → Hold | Get Alert |
07/01/2024 | Buy Now | -20.07% | Barclays | Ramsey El-Assal64% | $120 → $118 | Maintains | Equal-Weight | Get Alert |
06/27/2024 | Buy Now | -17.36% | Morgan Stanley | James Faucette66% | $125 → $122 | Maintains | Equal-Weight | Get Alert |
06/27/2024 | Buy Now | -11.94% | RBC Capital | Ashish Sabadra68% | $130 → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
06/27/2024 | Buy Now | -16% | Baird | Mark Marcon70% | $126 → $124 | Maintains | Neutral | Get Alert |
06/27/2024 | Buy Now | -23.45% | B of A Securities | Jason Kupferberg54% | $111 → $113 | Maintains | Underperform | Get Alert |
05/21/2024 | Buy Now | -11.94% | RBC Capital | Ashish Sabadra68% | $130 → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
04/08/2024 | Buy Now | -15.32% | UBS | Kevin Mcveigh55% | $120 → $125 | Maintains | Neutral | Get Alert |
04/03/2024 | Buy Now | -11.94% | RBC Capital | Ashish Sabadra68% | $130 → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
04/03/2024 | Buy Now | -22.1% | Wedbush | Moshe Katri72% | $115 → $115 | Reiterates | Neutral → Neutral | Get Alert |
04/03/2024 | Buy Now | -24.81% | B of A Securities | Jason Kupferberg54% | $108 → $111 | Maintains | Underperform | Get Alert |
04/03/2024 | Buy Now | -18.03% | TD Cowen | Bryan Bergin65% | $122 → $121 | Maintains | Hold | Get Alert |
03/26/2024 | Buy Now | -20.07% | Evercore ISI Group | David Togut49% | $118 → $118 | Maintains | In-Line | Get Alert |
03/08/2024 | Buy Now | -17.36% | TD Cowen | Bryan Bergin65% | $123 → $122 | Maintains | Market Perform | Get Alert |
02/02/2024 | Buy Now | -26.84% | B of A Securities | Jason Kupferberg54% | $105 → $108 | Maintains | Underperform | Get Alert |
12/26/2023 | Buy Now | -15.32% | Citigroup | Peter Christiansen63% | $130 → $125 | Maintains | Neutral | Get Alert |
12/22/2023 | Buy Now | -11.94% | RBC Capital | Ashish Sabadra68% | $130 → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
12/22/2023 | Buy Now | -11.94% | Stifel | David Grossman62% | $124 → $130 | Maintains | Hold | Get Alert |
12/22/2023 | Buy Now | -14.65% | JP Morgan | Tien-Tsin Huang65% | $134 → $126 | Maintains | Underweight | Get Alert |
12/22/2023 | Buy Now | -18.71% | Barclays | Ramsey El-Assal64% | $126 → $120 | Maintains | Equal-Weight | Get Alert |
12/22/2023 | Buy Now | -16.68% | TD Cowen | Bryan Bergin65% | $132 → $123 | Downgrade | Outperform → Market Perform | Get Alert |
12/14/2023 | Buy Now | -14.65% | Barclays | Ramsey El-Assal64% | $126 → $126 | Upgrade | Underweight → Equal-Weight | Get Alert |
11/07/2023 | Buy Now | -18.71% | UBS | Kevin Mcveigh55% | → $120 | Initiates | → Neutral | Get Alert |
10/22/2023 | Buy Now | -18.71% | Barclays | Ramsey El-Assal64% | $126 → $120 | Maintains | Equal-Weight | Get Alert |
09/28/2023 | Buy Now | -11.94% | RBC Capital | Ashish Sabadra68% | → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
09/28/2023 | Buy Now | -13.97% | Morgan Stanley | James Faucette66% | $125 → $127 | Maintains | Equal-Weight | Get Alert |
09/28/2023 | Buy Now | -11.26% | TD Cowen | Bryan Bergin65% | $130 → $131 | Maintains | Outperform | Get Alert |
09/28/2023 | Buy Now | -28.19% | B of A Securities | Jason Kupferberg54% | $103 → $106 | Maintains | Underperform | Get Alert |
09/26/2023 | Buy Now | -22.1% | Wedbush | Moshe Katri72% | → $115 | Reiterates | Neutral → Neutral | Get Alert |
09/05/2023 | Buy Now | -11.94% | RBC Capital | Ashish Sabadra68% | → $130 | Initiates | → Sector Perform | Get Alert |
08/22/2023 | Buy Now | -9.23% | JP Morgan | Tien-Tsin Huang65% | $114 → $134 | Maintains | Underweight | Get Alert |
08/17/2023 | Buy Now | -11.94% | TD Cowen | Bryan Bergin65% | $123 → $130 | Maintains | Outperform | Get Alert |
07/03/2023 | Buy Now | -14.65% | Baird | Mark Marcon70% | $134 → $126 | Maintains | Neutral | Get Alert |
07/03/2023 | Buy Now | -15.32% | Morgan Stanley | James Faucette66% | $125 → $125 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
07/03/2023 | Buy Now | -28.19% | Barclays | Matt Ramsay50% | $109 → $106 | Maintains | Underweight | Get Alert |
06/30/2023 | Buy Now | -15.32% | Morgan Stanley | James Faucette66% | $125 → $125 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
06/30/2023 | Buy Now | -22.77% | JP Morgan | Tien-Tsin Huang65% | $123 → $114 | Maintains | Underweight | Get Alert |
06/13/2023 | Buy Now | -16.68% | TD Cowen | Bryan Bergin65% | $125 → $123 | Maintains | Outperform | Get Alert |
06/02/2023 | Buy Now | -22.1% | UBS | Rayna Kumar54% | → $115 | Initiates | → Neutral | Get Alert |
04/03/2023 | Buy Now | -26.16% | Barclays | Matt Ramsay50% | $105 → $109 | Maintains | Underweight | Get Alert |
04/03/2023 | Buy Now | -28.87% | B of A Securities | Jason Kupferberg54% | $119 → $105 | Downgrade | Neutral → Underperform | Get Alert |
03/30/2023 | Buy Now | -17.36% | Stifel | David Grossman62% | $119 → $122 | Maintains | Hold | Get Alert |
03/30/2023 | Buy Now | -16.68% | JP Morgan | Tien-Tsin Huang65% | $119 → $123 | Maintains | Underweight | Get Alert |
03/13/2023 | Buy Now | -28.87% | Barclays | Ramsey El-Assal64% | $110 → $105 | Maintains | Underweight | Get Alert |
01/17/2023 | Buy Now | -25.48% | Barclays | Ramsey El-Assal64% | $115 → $110 | Downgrade | Equal-Weight → Underweight | Get Alert |
12/23/2022 | Buy Now | -19.39% | JP Morgan | Tien-Tsin Huang65% | $121 → $119 | Maintains | Underweight | Get Alert |
12/23/2022 | Buy Now | -15.32% | Morgan Stanley | James Faucette66% | $130 → $125 | Maintains | Equal-Weight | Get Alert |
12/23/2022 | Buy Now | -22.1% | Barclays | Ramsey El-Assal64% | $127 → $115 | Maintains | Equal-Weight | Get Alert |
12/23/2022 | Buy Now | -18.71% | Jefferies | Samad Samana52% | $130 → $120 | Maintains | Hold | Get Alert |
09/29/2022 | Buy Now | -10.58% | Cowen & Co. | Bryan Bergin65% | $125 → $132 | Maintains | Outperform | Get Alert |
09/29/2022 | Buy Now | -6.52% | Credit Suisse | Kevin Mcveigh55% | $150 → $138 | Maintains | Outperform | Get Alert |
09/22/2022 | Buy Now | -11.26% | Citigroup | Peter Christiansen63% | $125 → $131 | Maintains | Neutral | Get Alert |
07/07/2022 | Buy Now | -15.32% | Citigroup | Peter Christiansen63% | $145 → $125 | Maintains | Neutral | Get Alert |
06/30/2022 | Buy Now | -8.55% | Cowen & Co. | Bryan Bergin65% | $140 → $135 | Maintains | Outperform | Get Alert |
06/30/2022 | Buy Now | -11.94% | Morgan Stanley | James Faucette66% | $140 → $130 | Maintains | Equal-Weight | Get Alert |
06/30/2022 | Buy Now | -16.68% | Deutsche Bank | Bryan Keane74% | $145 → $123 | Maintains | Hold | Get Alert |
06/30/2022 | Buy Now | -13.97% | Barclays | Ramsey El-Assal64% | $140 → $127 | Maintains | Equal-Weight | Get Alert |
06/30/2022 | Buy Now | -5.16% | Credit Suisse | Kevin Mcveigh55% | $165 → $140 | Maintains | Outperform | Get Alert |
06/29/2022 | Buy Now | -22.1% | Stifel | David Grossman62% | $140 → $115 | Maintains | Hold | Get Alert |
06/21/2022 | Buy Now | -5.16% | Cowen & Co. | Bryan Bergin65% | $151 → $140 | Maintains | Outperform | Get Alert |
05/23/2022 | Buy Now | -11.94% | Jefferies | Samad Samana52% | $140 → $130 | Maintains | Hold | Get Alert |
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.
The latest analyst rating for Paychex (NASDAQ:PAYX) was provided by Barclays, and Paychex maintained their equal-weight rating.
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.
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.
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.
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.
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