Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Comments
Loading...
Paychex Analyst Ratings and Price Targets | NASDAQ:PAYX | Benzinga
Paychex Inc has a consensus price target of $133.63 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 Morgan Stanley, Citigroup, and Stifel on March 27, 2025, respectively. With an average price target of $152 between Morgan Stanley, Citigroup, and Stifel, there's an implied 0.22% upside for Paychex Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Citigroup
Stifel
UBS
Barclays
1calculated from analyst ratings
Analyst Ratings for Paychex
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/27/2025 | Buy Now | -6.37% | Morgan Stanley | James Faucette66% | $137 → $142 | Maintains | Equal-Weight | Get Alert |
| 03/27/2025 | Buy Now | 4.18% | Citigroup | Peter Christiansen66% | $145 → $158 | Maintains | Neutral | Get Alert |
| 03/27/2025 | Buy Now | 2.86% | Stifel | Bryan Bergin66% | $141 → $156 | Maintains | Hold | Get Alert |
| 03/04/2025 | Buy Now | 2.2% | UBS | Kevin Mcveigh55% | $152 → $155 | Maintains | Neutral | Get Alert |
| 12/23/2024 | Buy Now | -7.69% | Barclays | Ramsey El-Assal66% | $135 → $140 | Maintains | Equal-Weight | Get Alert |
| 12/20/2024 | Buy Now | -2.42% | RBC Capital | Ashish Sabadra72% | $148 → $148 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 12/03/2024 | Buy Now | -3.74% | TD Cowen | Bryan Bergin66% | $131 → $146 | Maintains | Hold | Get Alert |
| 12/03/2024 | Buy Now | -3.74% | Stifel | Bryan Bergin66% | $131 → $146 | Maintains | Hold | Get Alert |
| 11/19/2024 | Buy Now | -8.35% | JP Morgan | Tien-Tsin Huang65% | $133 → $139 | Maintains | Underweight | Get Alert |
| 10/07/2024 | Buy Now | -10.99% | Barclays | Ramsey El-Assal66% | $132 → $135 | Maintains | Equal-Weight | Get Alert |
| 10/02/2024 | Buy Now | -4.39% | Citigroup | Peter Christiansen66% | $145 → $145 | Reiterates | Neutral → Neutral | Get Alert |
| 10/02/2024 | Buy Now | -13.63% | TD Cowen | Bryan Bergin66% | $126 → $131 | Maintains | Hold | Get Alert |
| 10/02/2024 | Buy Now | -7.03% | Stifel | David Grossman63% | $130 → $141 | Maintains | Hold | Get Alert |
| 10/02/2024 | Buy Now | -14.28% | Jefferies | Samad Samana53% | $120 → $130 | Maintains | Hold | Get Alert |
| 10/02/2024 | Buy Now | -2.42% | RBC Capital | Ashish Sabadra72% | $130 → $148 | Maintains | Sector Perform | Get Alert |
| 10/02/2024 | Buy Now | -6.37% | UBS | Kevin Mcveigh55% | $125 → $142 | Maintains | Neutral | Get Alert |
| 10/02/2024 | Buy Now | -12.31% | Morgan Stanley | James Faucette66% | $122 → $133 | Maintains | Equal-Weight | Get Alert |
| 09/25/2024 | Buy Now | -4.39% | Citigroup | Peter Christiansen66% | $125 → $145 | Maintains | Neutral | Get Alert |
| 09/23/2024 | Buy Now | -12.97% | Barclays | Ramsey El-Assal66% | $118 → $132 | Maintains | Equal-Weight | Get Alert |
| 09/12/2024 | Buy Now | -16.92% | Stifel | Bryan Bergin66% | $121 → $126 | Maintains | Hold | Get Alert |
| 09/12/2024 | Buy Now | -16.92% | TD Cowen | Bryan Bergin66% | $121 → $126 | Maintains | Hold | Get Alert |
| 08/20/2024 | Buy Now | -15.6% | JP Morgan | Tien-Tsin Huang65% | $120 → $128 | Maintains | Underweight | Get Alert |
| 07/27/2024 | Buy Now | -20.22% | Stifel | Bryan Bergin66% | $121 → $121 | Reiterates | Hold → Hold | Get Alert |
| 07/01/2024 | Buy Now | -22.2% | Barclays | Ramsey El-Assal66% | $120 → $118 | Maintains | Equal-Weight | Get Alert |
| 06/27/2024 | Buy Now | -19.56% | Morgan Stanley | James Faucette66% | $125 → $122 | Maintains | Equal-Weight | Get Alert |
| 06/27/2024 | Buy Now | -14.28% | RBC Capital | Ashish Sabadra72% | $130 → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 06/27/2024 | Buy Now | -18.24% | Baird | Mark Marcon71% | $126 → $124 | Maintains | Neutral | Get Alert |
| 06/27/2024 | Buy Now | -25.49% | B of A Securities | Jason Kupferberg53% | $111 → $113 | Maintains | Underperform | Get Alert |
| 05/21/2024 | Buy Now | -14.28% | RBC Capital | Ashish Sabadra72% | $130 → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 04/08/2024 | Buy Now | -17.58% | UBS | Kevin Mcveigh55% | $120 → $125 | Maintains | Neutral | Get Alert |
| 04/03/2024 | Buy Now | -14.28% | RBC Capital | Ashish Sabadra72% | $130 → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 04/03/2024 | Buy Now | -24.17% | Wedbush | Moshe Katri72% | $115 → $115 | Reiterates | Neutral → Neutral | Get Alert |
| 04/03/2024 | Buy Now | -26.81% | B of A Securities | Jason Kupferberg53% | $108 → $111 | Maintains | Underperform | Get Alert |
| 04/03/2024 | Buy Now | -20.22% | TD Cowen | Bryan Bergin66% | $122 → $121 | Maintains | Hold | Get Alert |
| 03/26/2024 | Buy Now | -22.2% | Evercore ISI Group | David Togut49% | $118 → $118 | Maintains | In-Line | Get Alert |
| 03/08/2024 | Buy Now | -19.56% | TD Cowen | Bryan Bergin66% | $123 → $122 | Maintains | Market Perform | Get Alert |
| 02/02/2024 | Buy Now | -28.79% | B of A Securities | Jason Kupferberg53% | $105 → $108 | Maintains | Underperform | Get Alert |
| 12/26/2023 | Buy Now | -17.58% | Citigroup | Peter Christiansen66% | $130 → $125 | Maintains | Neutral | Get Alert |
| 12/22/2023 | Buy Now | -14.28% | RBC Capital | Ashish Sabadra72% | $130 → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 12/22/2023 | Buy Now | -14.28% | Stifel | David Grossman63% | $124 → $130 | Maintains | Hold | Get Alert |
| 12/22/2023 | Buy Now | -16.92% | JP Morgan | Tien-Tsin Huang65% | $134 → $126 | Maintains | Underweight | Get Alert |
| 12/22/2023 | Buy Now | -20.88% | Barclays | Ramsey El-Assal66% | $126 → $120 | Maintains | Equal-Weight | Get Alert |
| 12/22/2023 | Buy Now | -18.9% | TD Cowen | Bryan Bergin66% | $132 → $123 | Downgrade | Outperform → Market Perform | Get Alert |
| 12/14/2023 | Buy Now | -16.92% | Barclays | Ramsey El-Assal66% | $126 → $126 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 11/07/2023 | Buy Now | -20.88% | UBS | Kevin Mcveigh55% | → $120 | Initiates | → Neutral | Get Alert |
| 10/22/2023 | Buy Now | -20.88% | Barclays | Ramsey El-Assal66% | $126 → $120 | Maintains | Equal-Weight | Get Alert |
| 09/28/2023 | Buy Now | -14.28% | RBC Capital | Ashish Sabadra72% | → $130 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 09/28/2023 | Buy Now | -16.26% | Morgan Stanley | James Faucette66% | $125 → $127 | Maintains | Equal-Weight | Get Alert |
| 09/28/2023 | Buy Now | -13.63% | TD Cowen | Bryan Bergin66% | $130 → $131 | Maintains | Outperform | Get Alert |
| 09/28/2023 | Buy Now | -30.11% | B of A Securities | Jason Kupferberg53% | $103 → $106 | Maintains | Underperform | Get Alert |
| 09/26/2023 | Buy Now | -24.17% | Wedbush | Moshe Katri72% | → $115 | Reiterates | Neutral → Neutral | Get Alert |
| 09/05/2023 | Buy Now | -14.28% | RBC Capital | Ashish Sabadra72% | → $130 | Initiates | → Sector Perform | Get Alert |
| 08/22/2023 | Buy Now | -11.65% | JP Morgan | Tien-Tsin Huang65% | $114 → $134 | Maintains | Underweight | Get Alert |
| 08/17/2023 | Buy Now | -14.28% | TD Cowen | Bryan Bergin66% | $123 → $130 | Maintains | Outperform | Get Alert |
| 07/03/2023 | Buy Now | -16.92% | Baird | Mark Marcon71% | $134 → $126 | Maintains | Neutral | Get Alert |
| 07/03/2023 | Buy Now | -17.58% | Morgan Stanley | James Faucette66% | $125 → $125 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/03/2023 | Buy Now | -30.11% | Barclays | Matt Ramsay51% | $109 → $106 | Maintains | Underweight | Get Alert |
| 06/30/2023 | Buy Now | -17.58% | Morgan Stanley | James Faucette66% | $125 → $125 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 06/30/2023 | Buy Now | -24.83% | JP Morgan | Tien-Tsin Huang65% | $123 → $114 | Maintains | Underweight | Get Alert |
| 06/13/2023 | Buy Now | -18.9% | TD Cowen | Bryan Bergin66% | $125 → $123 | Maintains | Outperform | Get Alert |
| 06/02/2023 | Buy Now | -24.17% | UBS | Rayna Kumar55% | → $115 | Initiates | → Neutral | Get Alert |
| 04/03/2023 | Buy Now | -28.13% | Barclays | Matt Ramsay51% | $105 → $109 | Maintains | Underweight | Get Alert |
| 04/03/2023 | Buy Now | -30.77% | B of A Securities | Jason Kupferberg53% | $119 → $105 | Downgrade | Neutral → Underperform | Get Alert |
| 03/30/2023 | Buy Now | -19.56% | Stifel | David Grossman63% | $119 → $122 | Maintains | Hold | Get Alert |
| 03/30/2023 | Buy Now | -18.9% | JP Morgan | Tien-Tsin Huang65% | $119 → $123 | Maintains | Underweight | Get Alert |
| 03/13/2023 | Buy Now | -30.77% | Barclays | Ramsey El-Assal66% | $110 → $105 | Maintains | Underweight | Get Alert |
| 01/17/2023 | Buy Now | -27.47% | Barclays | Ramsey El-Assal66% | $115 → $110 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 12/23/2022 | Buy Now | -21.54% | JP Morgan | Tien-Tsin Huang65% | $121 → $119 | Maintains | Underweight | Get Alert |
| 12/23/2022 | Buy Now | -17.58% | Morgan Stanley | James Faucette66% | $130 → $125 | Maintains | Equal-Weight | Get Alert |
| 12/23/2022 | Buy Now | -24.17% | Barclays | Ramsey El-Assal66% | $127 → $115 | Maintains | Equal-Weight | Get Alert |
| 12/23/2022 | Buy Now | -20.88% | Jefferies | Samad Samana53% | $130 → $120 | Maintains | Hold | Get Alert |
| 09/29/2022 | Buy Now | -12.97% | Cowen & Co. | Bryan Bergin66% | $125 → $132 | Maintains | Outperform | Get Alert |
| 09/29/2022 | Buy Now | -9.01% | Credit Suisse | Kevin Mcveigh55% | $150 → $138 | Maintains | Outperform | Get Alert |
| 09/22/2022 | Buy Now | -13.63% | Citigroup | Peter Christiansen66% | $125 → $131 | Maintains | Neutral | Get Alert |
| 07/07/2022 | Buy Now | -17.58% | Citigroup | Peter Christiansen66% | $145 → $125 | Maintains | Neutral | Get Alert |
| 06/30/2022 | Buy Now | -10.99% | Cowen & Co. | Bryan Bergin66% | $140 → $135 | Maintains | Outperform | Get Alert |
| 06/30/2022 | Buy Now | -14.28% | Morgan Stanley | James Faucette66% | $140 → $130 | Maintains | Equal-Weight | Get Alert |
| 06/30/2022 | Buy Now | -18.9% | Deutsche Bank | Bryan Keane73% | $145 → $123 | Maintains | Hold | Get Alert |
| 06/30/2022 | Buy Now | -16.26% | Barclays | Ramsey El-Assal66% | $140 → $127 | Maintains | Equal-Weight | Get Alert |
| 06/30/2022 | Buy Now | -7.69% | Credit Suisse | Kevin Mcveigh55% | $165 → $140 | Maintains | Outperform | Get Alert |
| 06/29/2022 | Buy Now | -24.17% | Stifel | David Grossman63% | $140 → $115 | Maintains | Hold | Get Alert |
| 06/21/2022 | Buy Now | -7.69% | Cowen & Co. | Bryan Bergin66% | $151 → $140 | Maintains | Outperform | Get Alert |
| 05/23/2022 | Buy Now | -14.28% | Jefferies | Samad Samana53% | $140 → $130 | Maintains | Hold | Get Alert |
| 04/06/2022 | Buy Now | -4.39% | Citigroup | Peter Christiansen66% | $140 → $145 | Maintains | Neutral | Get Alert |
| 03/31/2022 | Buy Now | -7.69% | Morgan Stanley | James Faucette66% | $135 → $140 | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Paychex (PAYX) stock?
The latest price target for Paychex (NASDAQ:PAYX) was reported by Morgan Stanley on March 27, 2025. The analyst firm set a price target for $142.00 expecting PAYX to fall to within 12 months (a possible -6.37% downside). 34 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Paychex (PAYX)?
The latest analyst rating for Paychex (NASDAQ:PAYX) was provided by Morgan Stanley, and Paychex maintained their equal-weight rating.
When was the last upgrade for Paychex (PAYX)?
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.
When was the last downgrade for Paychex (PAYX)?
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.
When is the next analyst rating going to be posted or updated for Paychex (PAYX)?
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 27, 2025 so you should expect the next rating to be made available sometime around March 27, 2026.
Is the Analyst Rating Paychex (PAYX) correct?
While ratings are subjective and will change, the latest Paychex (PAYX) rating was a maintained with a price target of $137.00 to $142.00. The current price Paychex (PAYX) is trading at is $151.67, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.