Analyst Price Target News: Micron, Paychex – June 26th, 2025

By: Matthew Otto

Micron Reports Q3 Revenue; Forecasts Continued Growth in Fiscal Q4

Micron Technology reported earnings per share of $1.91 for the third quarter of fiscal 2025, surpassing the analyst consensus of $1.59 by $0.32. Quarterly revenue reached $9.3 billion, up 15.5% from the prior quarter and 36.5% higher year-over-year, also beating the $8.84 billion consensus estimate, according to data from LSEG.

Micron cited growth across all end markets, including a nearly 50% increase in high-bandwidth memory revenue and more than a twofold year-over-year rise in data center revenue. Operating income reached $2.49 billion, while earnings benefited from a significant margin expansion, with gross margin improving to 39%. Operating cash flow increased to $4.61 billion, compared to $2.48 billion in the same period last year.

Micron projected earnings of $2.35 to $2.65 per share, ahead of the $2.03 consensus estimate. Revenue for the upcoming quarter is expected to range from $10.4 billion to $11 billion, compared to the $9.88 billion analyst average. Gross margin is forecast to expand to approximately 42%, while operating expenses are anticipated at $1.2 billion ± $20 million.

Analysts Lift Price Targets Following Q3 Results and Outlook

Needham analyst Quinn Bolton reiterated a Buy rating and increased the price target from $120 to $150.
Cantor Fitzgerald analyst C.J. Muse raised the price target from $145 to $155.
Wells Fargo analyst Aaron Rakers boosted the price target from $150 to $170.
Susquehanna analyst Mehdi Hosseini lifted the price target to $160.

Which Analyst has the best track record to show on MU?

Analyst Tristan Gerra (BAIRD) currently has the highest performing score on MU with 34/40 (85%) price target fulfillment ratio. His price targets carry an average of $68.28 (72.09%) potential upside. Micron Technology stock price reaches these price targets on average within 318 days.

Worthington Enterprises Beats Q4 Estimates with Higher EPS and Cash Flow

Worthington reported earnings for its fiscal fourth quarter ended May 31, 2025. Diluted earnings per share from continuing operations came in at $1.06, beating the consensus estimate of $0.83 by $0.23. Revenue for the quarter totaled $317.9 million, down 0.3% year-over-year but above the $300.96 million analyst estimate.

The decline in sales reflected the deconsolidation of the Sustainable Energy Solutions (SES) segment, nearly offset by volume growth and contributions from the Ragasco acquisition. Adjusted EBITDA from continuing operations rose 35% to $85.1 million, while net earnings from continuing operations increased 111% to $3.6 million. Operating cash flow was up 38% to $62.4 million, and free cash flow grew 46% to $49.3 million.

In segment results, Consumer Products delivered flat sales of $125.6 million and a $3.7 million increase in adjusted EBITDA, totaling $20.8 million, aided by lower SG&A costs and favorable mix. Building Products recorded a 25.2% year-over-year increase in net sales to $192.3 million. Adjusted EBITDA for the segment rose to $71.3 million, up $19.6 million from the prior year. Equity income rose to $42.7 million, with contributions from WAVE and ClarkDietrich partly offset by a $3.4 million impairment in the SES joint venture.

Analyst Raises Price Target Following Q4 Earnings Beat

Canaccord Genuity analyst Brian McNamara maintained a Buy rating and raised the price target from $69 to $81.

Which Analyst has the best track record to show on WOR?

Analyst Susan Maklari (GOLDMAN SACHS) currently has the highest performing score on WOR with 3/4 (75%) price target fulfillment ratio. His price targets carry an average of $-4.07 (-8.47%) potential downside. Worthington stock price reaches these price targets on average within 75 days.

Paychex Reports Q4 Revenue Growth, Outlines Fiscal 2026 Outlook Post-Paycor Acquisition

Paychex reported financial results for its fiscal fourth quarter ended May 31, 2025, with revenue of $1.43 billion and adjusted earnings per share (EPS) of $1.19, both matching analyst consensus estimates, according to data compiled by FactSet. The 10% year-over-year revenue growth was primarily driven by the acquisition of Paycor HCM and continued price realization across Management Solutions.

Adjusted operating income increased 11% to $576.7 million, while adjusted operating margin held at 40.4%. Meanwhile, reported operating income declined 11% to $431.1 million, and GAAP diluted EPS fell 22% to $0.82. Fourth-quarter expenses rose 22%, mainly due to acquisition and compensation-related costs. Interest expense increased to $63.7 million, up from $9.5 million in the prior year, reflecting debt issued to finance the Paycor acquisition.

For fiscal 2025, revenue rose 6% to $5.57 billion, and adjusted diluted EPS increased 6% to $4.98. Paychex ended the year with $1.7 billion in cash and investments, alongside $5 billion in net borrowings.

Looking ahead to fiscal 2026, management expects total revenue growth between 16.5% and 18.5%, and adjusted diluted EPS growth in the range of 8.5% to 10.5%. Management Solutions revenue is forecasted to grow 20% to 22%, while PEO and Insurance Solutions revenue is expected to grow 6% to 8%. Paychex anticipates $190 million to $200 million in interest income on client funds and projects an adjusted operating margin of approximately 43%.

Analysts Reaffirm Ratings While Trimming Price Targets Following Q4 Report

Jefferies analyst Samad Samana maintained a Hold rating but lowered the price target from $155 to $140.
Stifel analyst David Grossman kept a Hold rating and cut the price target from $156 to $152.
Morgan Stanley analyst James Faucette reiterated a Hold rating and reduced the price target from $150 to $148.

Which Analyst has the best track record to show on PAYX?

Analyst Peter Christiansen (CITI) currently has the highest performing score on PAYX with 9/10 (90%) price target fulfillment ratio. His price targets carry an average of $6.17 (4.06%) potential upside. Paychex stock price reaches these price targets on average within 225 days.