Paychex, Inc.

Report azionario NasdaqGS:PAYX

Capitalizzazione di mercato: US$40.8b

Paychex Crescita futura

Criteri Future verificati 2/6

Paychex prevede che gli utili e i ricavi cresceranno rispettivamente di 8.5% e 5% all'anno. Si prevede che l'EPS crescerà di 8.4% all'anno. Si prevede che il ritorno sul capitale proprio sarà di 56.5% in 3 anni.

Informazioni chiave

8.5%

Tasso di crescita degli utili

8.38%

Tasso di crescita dell'EPS

Professional Services crescita degli utili14.5%
Tasso di crescita dei ricavi5.0%
Rendimento futuro del capitale proprio56.51%
Copertura analitica

Good

Ultimo aggiornamento09 Sep 2026

Aggiornamenti recenti sulla crescita futura

Recent updates

Seeking Alpha • Sep 03

Paychex's AI Potential Could Produce A Nice Payday

Summary Paychex earns a buy rating, driven by strong revenue growth, high margins, and strategic AI integration targeting SMEs. PAYX leverages its WISE AI platform to streamline payroll and HR processes, enhancing value for cost-sensitive small and medium-sized businesses. Compared to ADP, PAYX boasts superior gross and net margins, and faster revenue and FCF growth, though it trades at higher price-to-sales multiples. AI-driven cost efficiencies and product innovation position PAYX to potentially capture SME market share, despite competitive threats from ADP and Workday. Read the full article on Seeking Alpha
Aggiornamento narrativa • Sep 03

PAYX: AI Execution And Paycor Synergies Will Support Dividend While Risks Remain

Analysts have raised the Paychex fair value estimate from $109.57 to $113.71, reflecting a series of higher Street price targets and expectations that the company can sustain wallet share gains while managing macro noise. Analyst Commentary Recent Street commentary on Paychex points to a mix of optimism around execution and wallet share gains, alongside caution about growth pacing and long term revenue trends.
Aggiornamento narrativa • Aug 19

PAYX: FY27 AI Integration And Paycor Synergies Will Support Future Upside

Analysts have lifted the Paychex fair value estimate from $131.32 to $139.68. This reflects a series of higher price targets and commentary that points to confidence in the business trajectory, a revenue growth focus into 2027, incremental benefits from the Paycor acquisition, and limited disruption risk from AI to its core offering.
Aggiornamento narrativa • Aug 05

PAYX: AI And Paycor Synergies Will Test Dividend Support And Execution

Paychex's fair value estimate has been raised by about $4 to $109.57 as analysts factor in a slightly lower discount rate, a modest adjustment to expected revenue growth, and a higher projected profit margin supported by recent price target increases across the Street. Analyst Commentary Recent Street research on Paychex shows a mix of optimism and caution around the stock's valuation, growth outlook, and execution following fiscal Q4 results and the Paycor acquisition.
Aggiornamento narrativa • Jul 22

PAYX: FY27 Revenue Outlook Will Drive Downside Risk At Current P E

Analysts have nudged the Paychex fair value estimate higher from $90.00 to $95.00. This reflects updated models that incorporate refined discount rate assumptions, slightly adjusted revenue growth expectations, and a modestly higher projected profit margin and future P/E multiple based on recent price target changes and commentary around the FY27 setup, acquisition synergies, and dividend support.
Aggiornamento narrativa • Jul 08

PAYX: FY27 Outlook And Paycor Synergies Will Drive Future Upside

The updated analyst price target for Paychex moves to $131 from $144, reflecting revised assumptions for slower revenue growth, a slightly higher discount rate, stable profit margins, and a lower future P/E multiple in line with recent Street research. That research has generally nudged targets into the $98 to $140 range while highlighting the FY27 outlook and Paycor synergies.
Aggiornamento narrativa • Jun 24

PAYX: AI Workforce Tools And Paycor Synergies Will Test Dividend-Supported Resilience

Analysts have nudged the fair value estimate for Paychex higher, with the price target rising from about $102.07 to $105.43 as they factor in potential synergies from the Paycor acquisition, a modestly higher future P/E assumption around 19.7, and the perceived support of the stock's dividend for more defensive investors. Analyst Commentary Recent research on Paychex reflects a mix of optimism around the Paycor acquisition and dividend support, alongside pockets of caution on execution and long term growth assumptions.
Articolo di analisi • Jun 21

Paychex (PAYX) Stock Could Be 3.7% Undervalued Ahead Of Fourth Quarter Earnings

Paychex (PAYX) heads into its June 24 fourth quarter fiscal 2026 earnings release with expectations centered on higher year over year earnings and revenue, putting the stock in focus ahead of the report. See our latest analysis for Paychex. At a share price of $98.24, Paychex has seen a 5.07% 90 day share price return, while its year to date share price is down 9.54% and the 1 year total shareholder return has declined 31.41%. This hints that recent earnings expectations are being weighed...
Aggiornamento narrativa • Jun 07

PAYX: AI Integration And Paycor Execution Will Shape Future Earnings Resilience

Paychex's updated analyst price target edges higher by about $1 to roughly $102, as analysts factor in slightly stronger expected revenue growth, a modestly lower discount rate, and a small uplift in assumed future P/E, partly offset by more conservative profit margin assumptions and a series of recent target cuts across the Street. Analyst Commentary Street research on Paychex has recently leaned cautious, with a wave of target cuts across several firms.
Aggiornamento narrativa • Apr 27

PAYX: AI And Tapcheck Partnership Will Support Post Paycor Integration Concerns

The analyst price target for Paychex has been trimmed by about $0.27, reflecting a wave of recent target cuts from multiple firms as analysts factor in choppy macro conditions and the ongoing integration of Paycor into their models. Analyst Commentary Recent research on Paychex shows a clear reset in expectations, with several firms cutting their price targets and one new initiation at a neutral stance.
Aggiornamento narrativa • Apr 10

PAYX: AI Tools And Buybacks Will Support Post Paycor Integration Concerns

Analysts have nudged their blended price target on Paychex slightly lower to $101.20 from $102.80 as they factor in a higher discount rate, modestly different revenue growth and profit margin assumptions, and a slightly reduced future P/E multiple, following a series of recent target cuts and cautious research notes. Analyst Commentary Recent research has leaned cautious on Paychex, with several firms trimming price targets and a few initiating more conservative ratings as they reassess growth, profitability and the integration of Paycor.
Nuova narrativa • Mar 28

AI Rollout And PEO Demand Will Support Steady Outlook Despite Integration Risks

Catalysts About Paychex Paychex provides HR, payroll, benefits and PEO solutions to businesses of various sizes, with a large small business client base. What are the underlying business or industry changes driving this perspective?
Aggiornamento narrativa • Mar 27

PAYX: AI Upgrades And Buybacks Will Offset Paycor Integration Concerns

Paychex's analyst price target has been reset lower to about $103 from roughly $117, as analysts factor in softer revenue growth assumptions, a slightly higher discount rate, and a lower future P/E multiple, partly offset by expectations for stable profitability and ongoing integration of Paycor. Analyst Commentary Recent Street research on Paychex has centered on recalibrated price targets, with several firms adjusting their models to reflect more tempered revenue expectations, a higher discount rate, and lower assumed future P/E multiples.
Nuova narrativa • Mar 13

AI Adoption And HCM Data Scale Will Reshape This Payroll Leader’s Long-Term Potential

Catalysts About Paychex Paychex provides payroll, HR, benefits and HCM technology solutions to small and midsize businesses across its Paychex Flex, SurePayroll and Paycor platforms. What are the underlying business or industry changes driving this perspective?
Aggiornamento narrativa • Mar 12

PAYX: AI Automation And Buybacks Will Offset Defensive Competitive Concerns Over Time

Analysts have reduced their Paychex price target by about $2 to reflect slightly lower fair value estimates, higher required returns, and modestly softer assumptions for revenue growth, profit margins, and future P/E following recent bearish initiations and cautious commentary. Analyst Commentary Recent Street research has leaned cautious on Paychex, with new coverage framing recent moves, including the Paycor stake, as largely defensive rather than a clear growth accelerator.
Aggiornamento narrativa • Feb 26

PAYX: AI And Buybacks Will Counter Defensive Competitive Pressures Over Time

Analysts have trimmed their Paychex price target slightly to about $119 per share, reflecting modest adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions following new bearish coverage that characterizes recent competitive moves as largely defensive. Analyst Commentary Recent research frames the latest competitive response, including the Paycor related move, as more defensive than opportunistic.
Aggiornamento narrativa • Feb 11

PAYX: AI And Buybacks Will Support Resilient Future Cash Flow Profile

Analysts have trimmed their average Paychex price target slightly to about $119.53 from roughly $120.20, reflecting a modestly lower assumed future P/E and fresh bearish initiation commentary that characterizes the recent Paycor acquisition as a largely defensive move. Analyst Commentary Recent commentary focuses heavily on the Paycor acquisition and how it feeds into expectations for Paychex valuation and execution.
Aggiornamento narrativa • Jan 27

PAYX: AI And Platform Partnerships Will Support Resilient Cash Flow Profile

Analysts have trimmed their Paychex fair value estimate from about US$122 to roughly US$120, reflecting slightly softer revenue growth assumptions, a modestly lower future P/E and a mild uptick in the discount rate after recent bearish initiations on the stock. Analyst Commentary Recent research has focused on the implications of Paychex's move toward Paycor and how that fits with the current fair value reassessment.
Aggiornamento narrativa • Jan 11

PAYX: Broader Suite And AI Will Confront Cyclical Labor And Rate Risks

Analysts have made a modest upward adjustment to their price target on Paychex, pointing to the broader solution suite following the Paycor acquisition, while also flagging cyclical risks tied to potential revenue softness if unemployment rises and interest rates move lower. Analyst Commentary Bullish Takeaways Bullish analysts point to the Paycor acquisition as a way for Paychex to offer a broader and more comprehensive suite of solutions, which they see as supportive of the current valuation range.
Articolo di analisi • Jan 07

Should You Investigate Paychex, Inc. (NASDAQ:PAYX) At US$111?

Let's talk about the popular Paychex, Inc. ( NASDAQ:PAYX ). The company's shares received a lot of attention from a...
Aggiornamento narrativa • Dec 25

PAYX: AI And Suite Expansion Will Navigate Cyclical Labor Uncertainty Ahead

Analysts have modestly reduced their Paychex fair value estimate by about $6 to roughly $122 per share, reflecting tempered expectations for revenue growth and future valuation multiples, despite resilient margins and a broader solution suite. Analyst Commentary Street research on Paychex reflects a generally balanced stance, with most firms maintaining neutral or modestly cautious ratings while making incremental target price adjustments.
Aggiornamento narrativa • Dec 11

PAYX: Acquisition Synergy Will Support Suite Expansion Amid Cyclical Labor Market Uncertainty

Analysts modestly reduced their fair value estimate for Paychex to approximately $128 from about $134 per share, citing slightly softer assumptions for long term revenue growth, profit margins, and valuation multiples amid heightened macroeconomic and labor market uncertainty. Analyst Commentary Street research on Paychex reflects a generally cautious, wait and see stance, with most firms maintaining neutral or Hold type ratings while trimming price targets.
Aggiornamento narrativa • Nov 27

PAYX: Acquisition Synergy Will Boost Solution Suite And Support Margin Resilience

The analyst price target for Paychex has edged down slightly, with the fair value estimate decreasing by $0.57 to $134.14. Analysts cite ongoing macroeconomic concerns and mixed signals from recent earnings results as key factors behind the adjustment.
Aggiornamento narrativa • Nov 05

PAYX: Acquisition Will Drive Broader Solution Suite And Support Margins Going Forward

The analyst price target for Paychex has shifted slightly lower, down by $0.52 to $134.71. Analysts see a stable but cautious outlook due to ongoing macroeconomic concerns and modest revenue growth expectations.
Aggiornamento narrativa • Oct 22

Analyst Commentary Highlights Balanced Views on Paychex Amid Subtle Valuation and Growth Adjustments

The analyst price target for Paychex edged up slightly to $135.23 from $135.15, as analysts balanced lower organic growth expectations and macroeconomic uncertainty with the company's resilient margins and cash flow profile. Analyst Commentary Analyst opinions on Paychex reflect a range of perspectives, balancing the company’s strong margins and free cash flow with concerns about cyclical pressures and growth variability.
Aggiornamento narrativa • Oct 08

Paycor Acquisition And AI Tools Will Redefine HCM Solutions

The analyst price target for Paychex has been lowered from approximately $145.08 to $135.15. Analysts cite ongoing revenue growth headwinds, a premium valuation, and a balanced risk/reward outlook in a challenging operating environment.
Aggiornamento narrativa • Sep 23

Paycor Acquisition And AI Tools Will Redefine HCM Solutions

Paychex’s consensus price target was revised slightly lower to $145.08 as analysts cite slower organic revenue growth, lack of FY26 guidance clarity, and a subdued sector outlook amid macroeconomic headwinds, suggesting shares may remain range-bound. Analyst Commentary Slower organic revenue growth in Management Solutions, partly attributed to integration distractions, is weighing on near-term performance and expectations.
Aggiornamento narrativa • Sep 04

Paycor Acquisition And AI Tools Will Redefine HCM Solutions

Paychex’s analyst price target remained unchanged at $147.33 as mixed sentiment—driven by weaker-than-expected Q4 results, softer revenue growth, integration concerns surrounding the Paycor deal, and uncertainty over FY26 projections—was offset by a stable client base and resilient underlying demand. Analyst Commentary Bearish analysts highlight weaker-than-expected Q4 and softer organic revenue growth, with Paychex’s fiscal 2026 guidance falling below investor expectations.
Seeking Alpha • Mar 24

Paychex: Accelerating Growth With Paycor

Summary Paychex shares trade at a premium, supported by organic growth and the Paycor acquisition, despite economic cyclicality concerns. Paychex's technology-driven growth in human capital management targets a $90 billion market, with strong client retention and consistent revenue growth. The Paycor acquisition adds 50,000 larger clients, with huge synergy potential amidst lackluster margins reported. At 27 times earnings, Paychex must deliver on integration and synergies. I'm waiting for more impact clues before reconsidering my neutral stance. Read the full article on Seeking Alpha
Seeking Alpha • Jan 25

Paychex Inc: The Paycor Acquisition Could Be A Game Changer

Summary I recommend a buy rating for Paychex Inc. (PAYX) due to its transformative acquisition of PYCR, expanding its TAM and cross-selling opportunities. The acquisition increases PAYX's TAM by ~$10 billion, targeting mid-market clients and leveraging AI-powered HR tools for significant productivity gains. Financial synergies include $80 million in cost savings and substantial cross-selling opportunities, potentially accelerating revenue growth to high single digits or low teens. Despite the $4.1 billion price tag, the valuation is reasonable, and successful integration could narrow PAYX's valuation discount relative to peers, offering upside potential. Read the full article on Seeking Alpha

Previsioni di crescita degli utili e dei ricavi

NasdaqGS:PAYX - Stime future degli analisti e dati finanziari passati (USD Millions )
DataRicaviUtiliFlusso di cassa liberoLiquidità dell'operazioneAvg. Numero di analisti
5/31/20297,6142,3852,694N/A7
5/31/20287,2402,1742,5512,81216
5/31/20276,8782,0082,3742,62418
5/31/20266,5121,7602,3222,557N/A
2/28/20266,3341,6372,0902,320N/A
11/30/20256,0341,5961,9962,223N/A
8/31/20255,7931,6141,8612,073N/A
5/31/20255,5721,6571,7091,901N/A
2/28/20255,4401,7401,6061,779N/A
11/30/20245,3701,7191,5701,735N/A
8/31/20245,3111,6991,5931,751N/A
5/31/20245,2781,6901,7361,898N/A
2/29/20245,2131,6611,9272,093N/A
11/30/20235,1551,6301,8341,991N/A
8/31/20235,0871,5971,8842,035N/A
5/31/20235,0071,5571,5631,706N/A
2/28/20234,9221,5031,4951,626N/A
11/30/20224,8171,4671,5351,670N/A
8/31/20224,7351,4381,3501,484N/A
5/31/20224,6121,3931,4561,590N/A
2/28/20224,4971,3591,4311,558N/A
11/30/20214,3321,2791,2601,385N/A
8/31/20214,2081,2201,3071,431N/A
5/31/20214,0571,0981,1421,260N/A
2/28/20213,9431,0551,1371,259N/A
11/30/20203,9741,0591,1851,307N/A
8/31/20203,9811,0461,2401,361N/A
5/31/20204,0411,0981,3141,441N/A
2/29/20204,1061,108N/A1,301N/A
11/30/20194,0341,078N/A1,339N/A
8/31/20193,9021,055N/A1,293N/A
5/31/20193,7731,034N/A1,272N/A
2/28/20193,6381,022N/A1,310N/A
11/30/20183,5041,064N/A1,254N/A
8/31/20183,4481,027N/A1,207N/A
5/31/20183,378994N/A1,276N/A
2/28/20183,331972N/A1,180N/A
11/30/20173,190807N/A1,066N/A
8/31/20173,159810N/A1,009N/A
5/31/20173,153826N/A960N/A
2/28/20173,107800N/A996N/A
11/30/20163,063778N/A1,012N/A
8/31/20163,014765N/A1,035N/A
5/31/20162,952757N/A1,018N/A
2/29/20162,890740N/A994N/A
11/30/20152,842729N/A910N/A

Previsioni di crescita futura degli analisti

Guadagni vs tasso di risparmio: La crescita prevista degli utili di PAYX ( 8.5% all'anno) è superiore al tasso di risparmio ( 3.7% ).

Guadagni vs Mercato: Si prevede che gli utili di PAYX ( 8.5% all'anno) cresceranno più lentamente rispetto al mercato US ( 17.3% all'anno).

Guadagni ad alta crescita: Si prevede che gli utili di PAYX cresceranno, ma non in modo significativo.

Ricavi vs Mercato: Si prevede che il fatturato di PAYX ( 5% all'anno) crescerà più lentamente rispetto al mercato US ( 13.5% all'anno).

Ricavi ad alta crescita: Si prevede che il fatturato di PAYX ( 5% all'anno) crescerà più lentamente di 20% all'anno.

Previsioni di crescita dell'utile per azione

Rendimento futuro del capitale proprio

ROE futuro: Si prevede che il Return on Equity di PAYX sarà molto alto tra 3 anni ( 56.5 %).

Scoprire le aziende in crescita

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Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/09/10 22:58
Prezzo dell'azione a fine giornata2026/09/10 00:00
Utili2026/05/31
Utili annuali2026/05/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina GitHub; abbiamo anche delle guide su come utilizzare i nostri report e dei tutorial su YouTube.

Scoprite il che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Paychex, Inc. è coperta da 34 analisti. 18 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
null nullArgus Research Company
Mark MarconBaird
Lisa Dejong EllisBernstein