Citigroup resumed coverage on Paychex with a new price target
$PAYX
Diversified Commercial Services
Industrials
Citigroup resumed coverage of Paychex with a rating of Neutral and set a new price target of $139.00
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/19/2026 | Neutral | Guggenheim | |
| 3/13/2026 | $121.00 → $103.00 | Market Perform | BMO Capital Markets |
| 1/27/2026 | $98.00 | Underweight | Cantor Fitzgerald |
| 12/9/2025 | $140.00 → $121.00 | Market Perform | BMO Capital Markets |
| 10/23/2025 | $139.00 | Neutral | Citigroup |
| 10/22/2025 | $128.00 | Underweight | Wells Fargo |
| 10/7/2025 | $135.00 | Equal-Weight | Stephens |
| 10/1/2025 | $143.00 → $140.00 | Market Perform | BMO Capital Markets |
Guggenheim initiated coverage of Paychex with a rating of Neutral
BMO Capital Markets reiterated coverage of Paychex with a rating of Market Perform and set a new price target of $103.00 from $121.00 previously
Cantor Fitzgerald initiated coverage of Paychex with a rating of Underweight and set a new price target of $98.00
ROCHESTER, N.Y., June 02, 2026 (GLOBE NEWSWIRE) -- The Paychex Small Business Jobs Index – a primary component of the Paychex Small Business Employment Watch that measures the pace of job growth among U.S. small businesses with fewer than 50 employees – improved for the third consecutive month in May, a first since February 2023. The jobs index increased 0.18 percentage points in May to 99.34, marking its highest level so far in 2026. While hourly earnings growth remained steady at 2.73% in May, U.S. small business workers experienced continued growth in both weekly hours worked and earnings for the month. "The small business job growth rate has increased three consecutive months, reinfo
Paychex launches groundbreaking agentic AI platform that seamlessly anticipates, advises, and acts across HCM workflows, backed by trusted expertise Unlike other SMB HCM providers, WISE moves beyond a single agent to a proactive digital workforce that executes autonomously within customer-defined workflows WISE is the intelligence layer across Paychex Flex®, Paycor®, and SurePayroll platforms, spanning AI agents, expert advisory, embedded intelligence, and personal assistants Paychex, Inc. (NASDAQ:PAYX), an industry-leading human capital management (HCM) company, today announced Workforce Intelligence Strengthened by Expertise (WISE), the AI-powered intelligence solution transf
Small Business Jobs Index and weekly hours worked growth rise for the second-straight month The pace of job growth among U.S. small businesses showed an increase in April, marking the second consecutive month of gains as employers continued to demonstrate resilience amid ongoing economic uncertainty, according to the latest Paychex Small Business Employment Watch. The national jobs index, which reflects employment growth in U.S. small businesses with fewer than 50 employees, rose 0.35 percentage points from March to April (99.16), the largest one‑month increase since February 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/
SCHEDULE 13G/A - PAYCHEX INC (0000723531) (Subject)
10-Q - PAYCHEX INC (0000723531) (Filer)
8-K - PAYCHEX INC (0000723531) (Filer)
4 - PAYCHEX INC (0000723531) (Issuer)
4 - PAYCHEX INC (0000723531) (Issuer)
4 - PAYCHEX INC (0000723531) (Issuer)
4 - PAYCHEX INC (0000723531) (Issuer)
4 - PAYCHEX INC (0000723531) (Issuer)
4 - PAYCHEX INC (0000723531) (Issuer)
Experienced executive, J. Michael Hansen, appointed to Paychex Board of Directors Paychex, Inc. (NASDAQ:PAYX), an industry-leading human capital management (HCM) company, announced today that the company's Board of Directors has voted to expand to 11 members from 10 members. The Board has also appointed J. Michael Hansen to fill the new position as an independent director. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260119850035/en/ Mr. Hansen brings deep financial expertise, having served as Executive Vice President & Chief Financial Officer (CFO) of Cintas Corporation (NASDAQ:CTAS) for more than 10 years. Upon his retirem
Paychex Flex Perks expands to 25 employee benefit offerings with PayPal integration Paychex, Inc. (NASDAQ:PAYX), an industry-leading human capital management (HCM) company, announced today a new partnership with PayPal (NASDAQ:PYPL) within its Paychex Flex® Perks platform, Paychex's digital marketplace of curated employee benefits. Through this collaboration, employees of Paychex customers have the ability to easily set up PayPal Direct Deposit, providing up to two-day early access to their paychecks. According to the Federal Deposit Insurance Corporation, approximately 5.6 million U.S. households were unbanked in 2023 where no one in the household owned a checking or savings account at
Robert L. Schrader, Paychex Vice President of Finance and Investor Relations, to succeed Rivera as CFO effective October 13th Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chief financial officer will retire as CFO, effective October 12th, 2023. Rivera will remain as a senior advisor for the remainder of 2023. Robert L. Schrader, currently vice president of Finance and Investor Relations, will be named senior vice president and CFO, effective October 13, 2023. "On behalf of the board of directors, the management team,
SC 13G/A - PAYCHEX INC (0000723531) (Subject)
SC 13G - PAYCHEX INC (0000723531) (Subject)
SC 13G - PAYCHEX INC (0000723531) (Subject)
Paychex, Inc. (NASDAQ:PAYX), an industry-leading human capital management ("HCM") company, today announced that its Board of Directors has declared a regular quarterly cash dividend on Paychex common stock of $1.19 per share, an increase of $0.11 (or 10%) from the prior quarterly dividend of $1.08 per share, payable on May 29, 2026 to shareholders of record as of May 13, 2026. "Our decision to raise the dividend by 10%—our fifth consecutive double-digit increase—demonstrates our commitment to balanced capital allocation and underscores our confidence in the company's financial strength and durable business model," said John Gibson, President and CEO of Paychex. "We are committed to delive
Achieved Strong Double-Digit Revenue and Operating Income Growth Accelerated Organic Revenue Growth Returned Over $1.5 Billion to Shareholders Fiscal Year to Date Paychex, Inc. (NASDAQ:PAYX) (the "Company," "Paychex," "we," "our," or "us"), an industry-leading human capital management ("HCM") company, today reported results for the fiscal quarter ended February 28, 2026 (the "third quarter") of the fiscal year ending May 31, 2026 ("fiscal 2026"). Results compared with the same period last year were as follows: For the three months ended For the nine months ended
Paychex, Inc. (NASDAQ:PAYX), an industry-leading human capital management ("HCM") company, will release financial results for its fiscal 2026 third quarter ended February 28, 2026 on Wednesday, March 25, 2026, before the financial markets open. The company will host a conference call at 9:30 a.m. ET on Wednesday, March 25, 2026 to discuss these results. Participating in this call will be John Gibson, President and Chief Executive Officer, and Bob Schrader, Chief Financial Officer. The conference call will be webcast live and available for replay on the Paychex Investor Relations portal. About Paychex Paychex, Inc. (NASDAQ:PAYX) is the digitally driven HR leader that is reimagining h