Paychex Inc., US7043261079

Paychex stock heads into the open after a 3.9 percent drop

Published on 09/10/2026 at 07:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

At the close on September 8, 2026, Paychex stock finished at USD 116.93 on the Nasdaq, down 3.9 percent. The move came after Wells Fargo raised its target to USD 111, while the company said its first-quarter fiscal 2027 results are due on September 23, 2026.

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Paychex stock closed at USD 116.93 on the Nasdaq on September 8, 2026, down 3.9 percent from the previous session. The move also left the shares below the nearby Nasdaq Composite, which fell 0.6 percent in the same session.

September 8, 2026 in numbers

Paychex Inc. (ISIN US7043261079, Nasdaq: PAYX) traded between USD 116.18 and USD 121.71 that day, with volume of 418,719 shares. The close sat near the lower end of that range and below the prior close of USD 121.71.

As Investing.com reported on September 9, 2026, Wells Fargo raised its price target on Paychex to USD 111 from USD 95 and kept an Underweight rating. The firm said it expects the company to reiterate fiscal 2027 guidance early in the year and sees potential upward bias to float income outlook.

Quarterly results due September 23, 2026

According to GlobeNewswire, Paychex will release fiscal first-quarter 2027 results before the market open on September 23, 2026, and hold a conference call at 9:30 a.m. ET that day.

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