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An update from Paychex ( (PAYX) ) is now available.
On January 16 and January 20, 2026, Paychex, Inc. expanded its Board of Directors to 11 members and appointed veteran finance executive J. Michael Hansen as an independent director, while also authorizing a new $1 billion share repurchase program that replaces a prior $400 million authorization. Hansen, a former long-serving Executive Vice President and Chief Financial Officer of Cintas Corporation and former Paycor board member, brings extensive financial, strategic, and audit experience to Paychex and will serve on the Audit Committee, bolstering the company’s governance bench as it deepens integration of its 2025 Paycor acquisition and signals confidence in its financial strength and long-term value creation through the significantly enlarged buyback capacity.
The most recent analyst rating on (PAYX) stock is a Hold with a $125.00 price target. To see the full list of analyst forecasts on Paychex stock, see the PAYX Stock Forecast page.
Spark’s Take on PAYX Stock
According to Spark, TipRanks’ AI Analyst, PAYX is a Outperform.
Paychex’s overall stock score is driven by its strong financial performance and positive earnings call, which highlight robust revenue growth and strategic advancements in AI. The technical analysis indicates a bearish trend, but the company’s valuation remains attractive with a solid dividend yield.
To see Spark’s full report on PAYX stock, click here.
More about Paychex
Paychex, Inc. (Nasdaq: PAYX) is a digitally driven human capital management (HCM) and HR services provider offering comprehensive, flexible, and technology-enabled HR advisory and employee solutions to organizations of all sizes in the U.S. and Europe. The company, which pays 1 out of every 11 American private-sector workers and serves roughly 800,000 customers, focuses on reimagining workforce management through innovative HCM platforms and services aimed at helping businesses succeed.
Average Trading Volume: 3,193,333
Technical Sentiment Signal: Sell
Current Market Cap: $39.91B
See more data about PAYX stock on TipRanks’ Stock Analysis page.