Analyst Consensus ?
ConsensusHold30 ratings
Bullish516.7%
Neutral2066.7%
Bearish516.6%
FN2 Earnings Intelligence
Paychex, Inc. complete analyst coverage
Paychex, Inc. (PAYX) analyst consensus, price targets, and firm-level rating history from FN2 Research.
Analyst 52W Price Targets
$116.14Previous close
$98Low
$122.21Average
$145High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Sep 21, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Wolfe Research | Peer Perform | Underperform | Upgrade | Sep 16, 2026 |
| TD Cowen | Hold | Hold | Maintain | Sep 11, 2026 |
| Wells Fargo | Underweight | Underweight | Maintain | Sep 9, 2026 |
| Stifel | Hold | Hold | Maintain | Sep 9, 2026 |
| Jefferies | Hold | Hold | Maintain | Aug 13, 2026 |
| Citigroup | Buy | Buy | Maintain | Jul 30, 2026 |
| UBS | Neutral | Neutral | Maintain | Jul 22, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Jun 30, 2026 |
| JP Morgan | Underweight | Underweight | Maintain | Jun 25, 2026 |
| Baird | Neutral | Neutral | Maintain | Mar 26, 2026 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Mar 19, 2026 |
| BMO Capital | Market Perform | Market Perform | Maintain | Mar 13, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Mar 31, 2025 |
| B of A Securities | Underperform | Underperform | Maintain | Jun 27, 2024 |
| Wedbush | Neutral | Neutral | Maintain | Apr 3, 2024 |
| Evercore ISI Group | In Line | In Line | Maintain | Mar 26, 2024 |
| Credit Suisse | Outperform | Outperform | Maintain | Sep 29, 2022 |
| Cowen & Co. | Outperform | Outperform | Maintain | Sep 29, 2022 |
| Deutsche Bank | Hold | Hold | Maintain | Jun 30, 2022 |
| Goldman Sachs | Sell | Sell | Maintain | Apr 7, 2021 |
| Argus Research | Buy | Buy | Maintain | Apr 7, 2021 |
| Bank of America | Neutral | Underperform | Upgrade | Jan 8, 2019 |
| Stifel Nicolaus | Hold | Hold | Maintain | Oct 3, 2018 |
| Guggenheim | Neutral | Neutral | Maintain | Aug 21, 2018 |
| Argus | Buy | Hold | Upgrade | May 5, 2018 |
| William Blair | Market Perform | Outperform | Downgrade | Jul 21, 2017 |
| Bernstein | Perform | Market Perform | Maintain | Jan 11, 2017 |
| Compass Point | Sell | Sell | Maintain | Apr 15, 2016 |
| Sterne Agee CRT | Neutral | Neutral | Maintain | Dec 17, 2015 |
| First Analysis | Equal Weight | Overweight | Downgrade | Sep 26, 2012 |
Named analyst price targets
Upside is calculated against the persisted previous close $116.14. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Jason Kupferberg | $111 | $116.93 | -4.4% | Sep 9, 2026 |
| UBS | Kevin McVeigh | $115 | $111.96 | -1.0% | Jul 22, 2026 |
| Cantor Fitzgerald | Ramsey El-Assal | $107 | $112.76 | -7.9% | Jul 20, 2026 |
| Morgan Stanley | Analyst unavailable | $109 | $99.81 | -6.1% | Jun 30, 2026 |
| UBS | Analyst unavailable | $98 | $98.84 | -15.6% | Jun 25, 2026 |
| Stifel Nicolaus | Analyst unavailable | $110 | $100.28 | -5.3% | Jun 17, 2026 |
| Morgan Stanley | James Faucette | $107 | $91.68 | -7.9% | Mar 27, 2026 |
| BMO Capital | Daniel Jester | $103 | $92 | -11.3% | Mar 13, 2026 |
| Cantor Fitzgerald | Ramsey El-Assal | $98 | $106.19 | -15.6% | Jan 26, 2026 |
| Morgan Stanley | Analyst unavailable | $123 | $112.28 | +5.9% | Dec 22, 2025 |
| Jefferies | Analyst unavailable | $110 | $112.28 | -5.3% | Dec 19, 2025 |
| Stifel Nicolaus | David Grossman | $126 | $115.22 | +8.5% | Dec 17, 2025 |
| BMO Capital | Analyst unavailable | $121 | $112.45 | +4.2% | Dec 9, 2025 |
| Wells Fargo | Analyst unavailable | $116 | $112.45 | -0.1% | Dec 9, 2025 |
| Jefferies | Analyst unavailable | $118 | $112.06 | +1.6% | Dec 7, 2025 |
| RBC Capital | Ashish Sabadra | $125 | $113.31 | +7.6% | Dec 5, 2025 |
| Wells Fargo | Analyst unavailable | $128 | $127.54 | +10.2% | Oct 21, 2025 |
| Stephens | Charles Nabhan | $135 | $124.37 | +16.2% | Oct 6, 2025 |
| Morgan Stanley | Analyst unavailable | $132 | $126.76 | +13.7% | Oct 1, 2025 |
| BMO Capital | Analyst unavailable | $140 | $126.76 | +20.5% | Oct 1, 2025 |
| Jefferies | Analyst unavailable | $130 | $126.76 | +11.9% | Sep 30, 2025 |
| UBS | Kevin McVeigh | $140 | $131.62 | +20.5% | Sep 16, 2025 |
| Jefferies | Analyst unavailable | $140 | $137.94 | +20.5% | Jun 26, 2025 |
| RBC Capital | Ashish Sabadra | $165 | $150.62 | +42.1% | Jun 24, 2025 |
| Stifel Nicolaus | Analyst unavailable | $156 | $151.83 | +34.3% | Mar 27, 2025 |
| UBS | Kevin McVeigh | $142 | $141.65 | +22.3% | Oct 2, 2024 |
| Barclays | Ramsey El-Assal | $132 | $133.26 | +13.7% | Sep 22, 2024 |
| Argus Research | John Eade | $135 | $118.91 | +16.2% | Jun 28, 2024 |
| Morgan Stanley | James Faucette | $122 | $117.39 | +5.0% | Jun 27, 2024 |
| Robert W. Baird | Mark Marcon | $124 | $117.66 | +6.8% | Jun 27, 2024 |
| Evercore ISI | David Togut | $130 | $117.39 | +11.9% | Jun 26, 2024 |
| Evercore ISI | David Togut | $116 | $120.21 | -0.1% | Apr 2, 2024 |
| Stifel Nicolaus | David Grossman | $130 | $121.5 | +11.9% | Apr 1, 2024 |
| Morgan Stanley | James Faucette | $125 | $112.72 | +7.6% | Sep 27, 2023 |
| RBC Capital | Ashish Sabadra | $130 | $121.37 | +11.9% | Sep 5, 2023 |
| J.P. Morgan | Analyst unavailable | $119 | $116.01 | +2.5% | Dec 23, 2022 |
| Morgan Stanley | Analyst unavailable | $125 | $116.01 | +7.6% | Dec 23, 2022 |
| Barclays | Analyst unavailable | $115 | $116.01 | -1.0% | Dec 23, 2022 |
| Jefferies | Samad Samana | $120 | $112.18 | +3.3% | Dec 22, 2022 |
| Credit Suisse | Kevin Mcveigh | $140 | $113.87 | +20.5% | Jun 30, 2022 |
| Citigroup | Peter Christiansen | $145 | $136.84 | +24.8% | Apr 11, 2022 |
| Bank of America Securities | Jason Kupferberg | $125 | $124.55 | +7.6% | Mar 16, 2022 |
| Cowen & Co. | Bryan Bergin | $145 | $128.28 | +24.8% | Jan 12, 2022 |
| Barclays | Ramsey El Assal | $140 | $133.45 | +20.5% | Dec 23, 2021 |
| Credit Suisse | Kevin Mcveigh | $165 | $133.45 | +42.1% | Dec 23, 2021 |
| Evercore ISI | David Togut | $118 | $133.45 | +1.6% | Dec 23, 2021 |
| MoffettNathanson | Eugene Simuni | $145 | $133.45 | +24.8% | Dec 23, 2021 |
| Stifel Nicolaus | David Grossman | $140 | $132.62 | +20.5% | Dec 22, 2021 |
| BMO Capital | Jeffrey Silber | $118 | $113.86 | +1.6% | Oct 1, 2021 |
| Argus Research | David Coleman | $118 | $105.1 | +1.6% | Jun 28, 2021 |
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