NASDAQ: PAYX

Paychex (PAYX) Stock Analysis & Forecast

Nov 4 close

$118.71+3.06 (+2.6%)

Gekko Brief

Nov 4 close

Paychex closed at $118.71 on 4 November 2026, +2.6% on the day. The price sits above both the 50-day ($112.29) and 200-day ($103.52) moving averages, inside a 52-week range of $85.45 to $127.98. The GekkoIndex reads 49.6, in the Neutral zone, down 10.3 points over five sessions. Gekko Fair Value is $130.47, so the price is 9% below it.

The next earnings report is due on 18 December 2026, 43 days away. Over the last 8 reports the company beat the earnings estimate 7 times, with an average move of 4.4% across the report. Seasonally, the next 20 trading days from this point averaged +3.9% over the last 5 years, rising in 3 of them.

16 firms rate the stock: 1 buy, 13 hold and 2 sell, with a consensus target of $114.57. A typical daily move is about 3.1%, and a typical 20-day move about 4.2%. On the swing-trade checklist, 4 items read supportive and 0 read as a headwind.

A plain summary of the figures as of the Nov 4, 2026 close.

Paychex price vs fair value

$130.47$118.71Nov ’25May ’26Nov ’26
Close $118.71200-day averageGekko Fair Value $130.47

Paychex quick facts

Market cap
$42.26B
P/E ratio
22.9
Forward P/E
18.8
EPS, TTM
$5.04
Revenue, TTM
$6.60B
Profit margin
27.4%
Dividend yield
4.05%
Beta
0.80
Volume
3.19M avg 2.91M
1-year return
+3.1%
Typical daily move
±3.1%
Typical 20-day move
±4.2%
50-day average
$112.29
200-day average
$103.52
Next earnings
Dec 18
Shares outstanding
356.0M
52-week range
$85.45$127.98

Paychex swing-trade checklist

Paychex scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $118.71 is above the 50-day ($112.29) and 200-day ($103.52) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    49.6, Neutral

    Reading 49.6 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.0% below

    Price is 9% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 43 days

    Next report Dec 18, 2026, 43 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +3.9% on average

    From this point in the calendar, the next 20 trading days averaged +3.9% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Paychex stock chart and price history

Paychex closed at $118.71 on Nov 4, 2026, +3.1% over the past year, inside a 52-week range of $85.45 to $127.98.

Close50-day average200-day averageVolume
Paychex share price, past year, with 50-day and 200-day moving averages and volume$100$140DecJan 2026FebMarAprMayJunJulAugSepOct118.71

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+17.5%
3 months
−1.2%
6 months
+29.9%
1 year
+3.1%
The full PAYX chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open PAYX in Gekko

Follow Paychex through every session

Put PAYX on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Paychex

Paychex provides human capital management services, helping smaller and mid-sized businesses handle payroll, human resources, employee benefits, and insurance needs. It is widely recognized for its payroll processing capabilities, which include tax administration, wage payments, and compliance support for tasks like new-hire reporting and garnishment handling.

Beyond payroll, Paychex offers retirement plan administration, cloud-based HR software for functions such as time tracking and recruitment, and a range of insurance products covering areas like workers' compensation and health benefits. The company also supports business operations through services like payroll funding, unemployment insurance administration, and financial wellness resources. Its customer base consists mainly of small and medium-sized businesses located in the United States, Europe, and India, and it reaches these clients primarily through its own direct sales force rather than third-party channels.

Paychex was established in 1971 and operates out of Rochester, New York. Its shares are listed on the NASDAQ under the ticker PAYX.

Listed
NASDAQ
Sector
Technology services
Industry
Data processing services
Website
paychex.com

Paychex GekkoIndex: the smart money zone

Paychex’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 49.6, in the Neutral zone, down 10.3 points over five sessions.

010049.6Neutral

Down 10.3 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying50−1.0%−1.0%+0.7%−6.0%
Accumulation253+0.1%−0.4%−1.6%−2.6%
Neutral (current zone)372+0.1%+0.4%+0.8%+2.6%
Distribution16−1.3%0.0%−0.5%−4.9%
Selling6Too few readings yet

Average PAYX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the PAYX price, zone by zone.Track PAYX in Gekko

Is Paychex stock overvalued? Gekko Fair Value

Paychex trades 9.0% below Gekko Fair Value of $130.47, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Paychex shares are worth, recalculated every trading day.

$130.47

Gekko Fair Value, Nov 4, 2026

9.0% Undervalued

At the end of Aug 2026 the price was 6.4% below the estimate.

Gekko Fair ValueShare price, month end
$130$116Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open PAYX in Gekko

Paychex insider and Congress trading

No open-market insider purchases were filed for Paychex, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for PAYX in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every PAYX insider filing, plotted on the chart in Gekko.Open PAYX in Gekko

Congress trades last 90 days

No trades in PAYX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for PAYX, plotted on the chart in Gekko.Open PAYX in Gekko

Buybacks

Paychex has been buying back its own shares.

Latest authorization
$1.00B, Jan 20, 2026
Bought back, quarter ended May 31, 2026
$249.4M
As a share of market cap
0.59%
Trailing four quarters
$611.0M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

0of the funds Gekko tracks hold PAYX.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Paychex earnings: next date and track record

Paychex reports on Dec 18, 2026 (43 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±4.4%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+2.7%Dec ’24+5.3%Mar ’25−7.4%Jun ’25−3.5%Sep ’25+0.6%Dec ’25+3.3%Mar ’26−1.3%Jun ’26−11.3%Sep ’26

Last earnings call, Sep 23, 2026 AI summary

What they said
Paychex reported Q1 fiscal 2027 results with 6% total revenue growth, driven by strong PEO and Insurance Solutions performance, alongside double-digit growth in operating income and EPS. The company is advancing three strategic pillars: AI/data leadership, go-to-market evolution, and advisory differentiation. Their AI engine WISE now processes 50+ trillion proprietary data points, prevented ~90% of payroll errors in a 50,000-business pilot, and automated payroll processing increased nearly 20%.
Guidance
Management did not provide specific numerical guidance in this excerpt but signaled continued focus on expanding earnings over time through AI integration, go-to-market evolution, and advisory differentiation. Momentum in broker partnerships and referral channels expected to support ongoing growth.
ReportedEPSSurpriseRevenueSurpriseMove
Sep 23, 2026$1.34
est $1.32
+1.5%$1.63B
est $1.63B
+0.2%−11.3%
Jun 24, 2026$1.32
est $1.31
+0.8%$1.61B
est $1.60B
+0.3%−1.3%
Mar 25, 2026$1.71
est $1.67
+2.4%$1.81B
est $1.78B
+1.5%+3.3%
Dec 19, 2025$1.26
est $1.23
+2.4%$1.56B
est $1.55B
+0.3%+0.6%
Sep 30, 2025$1.22
est $1.20
+1.7%$1.54B
est $1.54B
+0.1%−3.5%
Jun 25, 2025$1.19
est $1.19
0.0%$1.43B
est $1.44B
−1.1%−7.4%
Mar 26, 2025$1.49
est $1.48
+0.7%$1.51B
est $1.51B
0.0%+5.3%
Dec 19, 2024$1.14
est $1.13
+0.9%$1.32B
est $1.31B
+0.3%+2.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Paychex stock forecast and analyst price targets

Analysts’ average 12-month price target for Paychex is $114.57, −3.5% from the last close, from 16 firms rating the stock in the last 90 days.

$114.57consensus 12-month target, −3.5% from the last close
Low $96High $150
Buy1
Hold13
Sell2

Each firm’s latest rating in the last 90 days: 16 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 29UBSHold, maintained$120+1.1%
Oct 26UBSHold, reiterated$120+1.1%
Sep 28UBSHold, maintained$115−3.1%
Sep 28Robert W. BairdHold, maintained$110−7.3%
Sep 25Morgan StanleyHold, maintained$109−8.2%
+0.8%average 20-day move after past Neutral readings
+3.9%average move over the next 20 trading days in the last 5 years
±3.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Paychex seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Paychex averaged +3.9% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−3.2%2021+8.3%2022+10.4%2023+3.4%2024−1.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.8%3 of 5
Next 10 trading days+2.2%4 of 5
Next 15 trading days+2.8%3 of 5
Next 20 trading days+3.9%3 of 5
Next 30 trading days+3.8%5 of 5

For scale, PAYX’s typical 20-trading-day move in either direction is about 4.2%.

Paychex market cap and key statistics

Paychex’s market cap is $42.26B, with a P/E ratio of 22.9 and revenue of $6.60B over the last twelve months.

Valuation

Market cap
$42.26B
P/E ratio
22.9
Forward P/E
18.8
EPS, TTM
$5.04
Gekko Fair Value
$130.47

Trading

Volume
3.19M
Avg volume, 20 days
2.91M
52-week high
$127.98
52-week low
$85.45
Shares outstanding
356.0M

Financials

Revenue, TTM
$6.60B
Profit margin
27.4%
Return on equity
47.1%
Quarterly earnings growth, YoY
+13.9%

Risk and income

Beta
0.80
Typical daily move
±3.1%
Typical 20-day move
±4.2%
Dividend yield
4.05%

Paychex stock news this week

Coverage of Paychex this week reads positive: 4 positive, 2 neutral and 1 negative headlines.

News sentiment positive

Paychex peers

Paychex’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
VRSKVerisk Analytics−1.1%Neutral12.2% below
JJacobs Solutions−1.2%Distribution21.1% above
TYLTyler Technologies+2.4%Distribution8.8% above
GDDYGoDaddy+2.0%Neutral5.8% below
AKAMAkamai Technologies0.0%Accumulation36.1% below
IRENIREN−5.9%Accumulation55.1% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

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Paychex stock FAQ

What is Paychex’s market cap?

Paychex’s market cap is $42.26B at the Nov 4, 2026 close of $118.71, with 356.0M shares outstanding. The shares trade on a P/E ratio of 22.9.

What is the Paychex stock forecast?

The consensus analyst 12-month price target for Paychex is $114.57, −3.5% from the last close. Of the 16 firms that rated the stock in the last 90 days, 1 rate it a buy, 13 a hold and 2 a sell. Gekko doesn’t publish price predictions of its own.

Is Paychex stock overvalued or undervalued?

On Gekko’s estimate Paychex is undervalued: the Nov 4, 2026 close of $118.71 is 9.0% below Gekko Fair Value of $130.47. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Paychex report earnings next?

Paychex is expected to report on Dec 18, 2026 (43 days away). Analysts expect earnings of $1.30 per share on revenue of $1.62B. Paychex beat the earnings estimate in 7 of its last 8 reports, moving 4.4% on average across the report.

What is Paychex’s 52-week high and low?

Paychex’s 52-week high is $127.98 and its 52-week low is $85.45; it closed at $118.71 on Nov 4, 2026, +3.1% over the past year. Over the last five years the shares peaked at $161.24 on Jun 6, 2025.

Is Paychex stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (trend, fair value, earnings risk and seasonality), 1 as mixed (gekkoindex). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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