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

Paychex, Inc. (NASDAQ:PAYX) will release earnings results for its second quarter before the opening bell on Friday, Dec. 19. Analysts expect the Rochester, New York-based company to report quarterly earnings at $1.23 per share, up from $1.14 per share in the year-ago period. The consensus estimate for Paychex's quarterly revenue is $1.55 billion, compared to $1.32 billion a year earlier, according to data from Benzinga Pro. On Sept. 30, the company reported first-quarter sales growth of 17% year-over-year (Y/Y) to $1.540 billion, topping the analyst consensus estimate of $1.538 billion. Adjusted EPS of $1.22 beat the analyst consensus estimate of $1.21. Paychex shares fell 2.1% to close at $114.24 on Thursday. 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. Stifel analyst David Grossman maintained a Hold rating and cut the price target from $137 to $126 on Dec. 17, 2025. This analyst has an accuracy rate of 63%. TD Cowen analyst Bryan Bergin maintained a Hold rating and cut the price target from $126 to $114 on Dec. 1, 2025. This analyst has an accuracy rate of 60%. Morgan Stanley analyst James Faucette maintained an Equal-Weight rating and raised the price target from $132 to $133 on Oct. 20, 2025. This analyst has an accuracy rate of 64%. Citigroup analyst Peter Christiansen maintained a Neutral rating and cut the price target from $158 to $148 on Aug. 21, 2025. This analyst has an accuracy rate of 60%. JP Morgan analyst Tien-Tsin Huang maintained an Underweight rating and raised the price target from $148 to $153 on Aug. 14, 2025. This analyst has an accuracy rate of 63%. Considering buying PAYX stock? Here’s what analysts think: Read This Next: Wall Street’s Most Accurate Analysts Give Their Take On 3 Materials Stocks Delivering High-Dividend Yields Photo via Shutterstock