Paychex to report Q4 FY26 results, analysts revise forecasts

2 min read     Updated on 17 Jun 2026, 06:54 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Paychex will release its Q4 FY26 financial results on June 24, 2026, with analysts anticipating earnings of $1.31 per share on revenue of $1.61 billion. The company recently announced a 10% increase to its quarterly dividend. Analyst ratings are mixed, with Citigroup upgrading the stock to Buy while others maintain Hold or Underweight ratings.

powered bylight_fuzz_icon
42645285

*this image is generated using AI for illustrative purposes only.

Paychex, Inc. is set to release its financial results for the fiscal 2026 fourth quarter and full year ended May 31, 2026, before the market opens on Wednesday, June 24, 2026. The announcement will provide insights into the performance of the human capital management (HCM) company, which serves approximately 800,000 customers in the U.S. and Europe. 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, compared to $1.43 billion reported last year.

To discuss these results, Paychex will host a conference call at 9:30 a.m. ET on Wednesday, June 24, 2026. The call will feature John Gibson, President and Chief Executive Officer, and Bob Schrader, Chief Financial Officer. Investors and interested parties can access the live webcast and subsequent replay through the Paychex Investor Relations portal. On May 1, Paychex declared a 10% increase to its quarterly cash dividend.

Analyst Ratings and Price Targets

Recent analyst activity highlights mixed sentiment ahead of the earnings release. Citigroup analyst Bryan Keane upgraded the stock from Neutral to Buy and raised the price target from $99 to $140 on June 15, 2026. Conversely, UBS analyst Kevin Mcveigh maintained a Neutral rating and cut the price target from $98 to $94 on April 13, 2026. Other firms have adjusted their targets as well, reflecting varying views on the company's near-term trajectory.

Analyst Firm Analyst Rating Price Target Change Accuracy Rate
Citigroup Bryan Keane Buy $99 to $140 66%
TD Cowen Bryan Bergin Hold $94 to $98 53%
UBS Kevin Mcveigh Neutral $98 to $94 50%
JP Morgan Tien-Tsin Huang Underweight $125 to $100 60%
Wells Fargo Jason Kupferberg Underweight $116 to $95 51%

Key Event Details

Event Date Time
Financial Results Release June 24, 2026 Before market open
Conference Call June 24, 2026 9:30 a.m. ET

Paychex, Inc. is a digitally driven HR leader offering comprehensive HCM solutions for organizations of all sizes. The company pays 1 out of every 11 American private sector workers and provides a full spectrum of HR advisory and employee solutions. Further information, including SEC filings and investor presentations, is available on the Paychex Investor Relations portal.

How will the recent 10% dividend increase impact Paychex's capital allocation strategy moving forward?

What factors are driving the significant divergence in analyst price targets between Citigroup and UBS?

Will Paychex's European expansion contribute meaningfully to revenue growth in fiscal 2027?

like15
dislike

Citigroup upgrades Paychex to Buy, raises target to $140

0 min read     Updated on 15 Jun 2026, 08:51 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Citigroup analyst Bryan Keane upgraded Paychex from Neutral to Buy, increasing the price target to $140 from the previous $99. The stock closed at $100.63 on Friday.

powered bylight_fuzz_icon
43077849

*this image is generated using AI for illustrative purposes only.

Citigroup analyst Bryan Keane has upgraded Paychex from Neutral to Buy, raising the price target to $140 from $99. The upgrade reflects a revised outlook on the company's stock performance. Paychex shares closed at $100.63 on Friday.

Rating and Price Target Changes

The following table details the changes in the analyst's rating and price target:

Metric Previous Value New Value
Rating Neutral Buy
Price Target $99 $140

The new price target represents a significant increase from the previous target, indicating confidence in the company's future performance.

What specific factors drove Citigroup's decision to upgrade Paychex from Neutral to Buy?

How might this upgrade influence investor sentiment and Paychex's stock performance in the near term?

Could other analysts follow Citigroup's lead and revise their ratings or price targets for Paychex?

like18
dislike

More News on Paychex Inc