Paychex Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga06-17

Paychex, Inc. (NASDAQ:PAYX) will release its fourth quarter earnings report before the opening bell on Wednesday, June 24.

Analysts expect the Rochester, New York-based company to report quarterly earnings of $1.31 per share, up from $1.19 per share in the year-ago period. The consensus estimate for Paychex's quarterly revenue is $1.61 billion. It reported $1.43 billion last year, according to Benzinga Pro.

On May 1, Paychex declares a 10% increase to its quarterly cash dividend.

Paychex shares rose 0.3% to close at $100.90 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Citigroup analyst Bryan Keane upgraded the stock from Neutral to Buy and raised the price target from $99 to $140 on June 15, 2026. This analyst has an accuracy rate of 66%.
  • TD Cowen analyst Bryan Bergin maintained a Hold rating and raised the price target from $94 to $98 on June 8, 2026. This analyst has an accuracy rate of 53%.
  • UBS analyst Kevin Mcveigh maintained a Neutral rating and cut the price target from $98 to $94 on April 13, 2026. This analyst has an accuracy rate of 50%.
  • JP Morgan analyst Tien-Tsin Huang maintained an Underweight rating and cut the price target from $125 to $100 on March 26, 2026. This analyst has an accuracy rate of 60%.
  • Wells Fargo analyst Jason Kupferberg maintained an Underweight rating and lowered the price target from $116 to $95 on March 26, 2026. This analyst has an accuracy rate of 51%.

Considering buying PAYX stock? Here’s what analysts think:

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