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Paychex Inc
NASDAQ:PAYX

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Paychex Inc Logo
Paychex Inc
NASDAQ:PAYX
Watchlist
Price: 119.97 USD -1.64% Market Closed
Updated: Apr 28, 2024

Wall Street
Price Targets

PAYX Price Targets Summary
Paychex Inc

Wall Street analysts forecast PAYX stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PAYX is 123.54 USD with a low forecast of 112.11 USD and a high forecast of 136.5 USD.

Lowest
Price Target
112.11 USD
7% Downside
Average
Price Target
123.54 USD
3% Upside
Highest
Price Target
136.5 USD
14% Upside

PAYX Last Price Targets
Paychex Inc

The latest public price target was made on Apr 2, 2024 by David Togut from Evercore ISI , who expects PAYX stock to drop by 3% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
David Togut
Evercore ISI
116 USD
Downside 3%
3 weeks ago
Apr 2, 2024
Paychex (PAYX) PT Lowered to $116 at Evercore ISI
StreetInsider
David Grossman
Stifel Nicolaus
130 USD
Upside 8%
3 weeks ago
Apr 1, 2024
Paychex Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
James Faucette
Morgan Stanley
125 USD
Upside 4%
7 months ago
Sep 27, 2023
Paychex Likely To Report Higher Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Moshe Katri
Wedbush
115 USD
Downside 4%
7 months ago
Sep 27, 2023
Paychex Likely To Report Higher Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Ashish Sabadra
RBC Capital
130 USD
Upside 8%
7 months ago
Sep 5, 2023
Paychex's Strong Fundamentals Vs. Market Headwinds: Analyst Initiates With Sector Perform Rating
Benzinga
David Togut
Evercore ISI
Price Target 116 USD
Upside/Downside 3%
View Source
David Grossman
Stifel Nicolaus
Price Target 130 USD
Upside/Downside 8%
View Source
James Faucette
Morgan Stanley
Price Target 125 USD
Upside/Downside 4%
View Source
Moshe Katri
Wedbush
Price Target 115 USD
Upside/Downside 4%
View Source
Ashish Sabadra
RBC Capital
Price Target 130 USD
Upside/Downside 8%
View Source
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Revenue
Forecast

Revenue Estimate
Paychex Inc

For the last 8 years the compound annual growth rate for Paychex Inc's revenue is 8%. The projected CAGR for the next 3 years is 6%.

8%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Paychex Inc

For the last 8 years the compound annual growth rate for Paychex Inc's operating income is 9%. The projected CAGR for the next 3 years is 8%.

9%
Past Growth
8%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Paychex Inc

For the last 8 years the compound annual growth rate for Paychex Inc's net income is 11%. The projected CAGR for the next 3 years is 8%.

11%
Past Growth
8%
Estimated Growth
Estimates Accuracy
0%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PAYX's stock price target?
Price Target
123.54 USD

According to Wall Street analysts, the average 1-year price target for PAYX is 123.54 USD with a low forecast of 112.11 USD and a high forecast of 136.5 USD.

What is Paychex Inc's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Paychex Inc's revenue is 8%. The projected CAGR for the next 3 years is 6%.

What is Paychex Inc's Operating Income forecast?
Projected CAGR
8%

For the last 8 years the compound annual growth rate for Paychex Inc's operating income is 9%. The projected CAGR for the next 3 years is 8%.

What is Paychex Inc's Net Income forecast?
Projected CAGR
8%

For the last 8 years the compound annual growth rate for Paychex Inc's net income is 11%. The projected CAGR for the next 3 years is 8%.