Paychex Faces Growth Gap: Can It Deliver On 2026 Targets?

The primary challenge in Paychex Inc.'s (NASDAQ:PAYX) latest results and guidance is reconciling the fiscal fourth quarter's 3% year-on-year organic revenue growth with the 5% guidance for fiscal 2026, according to Stifel.

The Paychex Analyst: Analyst David Grossman maintained a Hold rating, while reducing the price target from $156 to $152.

The Paychex Thesis: The company reported its fiscal fourth-quarter revenue at around $11 million, short of the midpoint of its guidance, "which management attributed to one week ...