Veytics Intelligence
2026-09-23 · NASDAQ

Why Paychex Stock Dropped Today

Key Points Paychex met on revenue and beat on earnings in Q1. Paychex grew earnings twice as fast as sales -- but the quality of its earnings is questionable. 10 stocks we like better than Paychex › Paychex (NASDAQ: PAYX) stock fell 6.7% through 12:20 p.m. ET Wednesday despite reporting a slight earnings "beat" this morning. Heading into the company's fiscal Q1 2027 report, analysts expected Paychex to earn $1.32 per share on $1.63 billion in quarterly sales. Paychex nailed the revenue target and beat on profits, earning $1.34 per share. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase.

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