Key Takeaways PAYX benefits from rising cloud and SaaS adoption, with fiscal 2026 revenues likely to grow 16.6%.PAYX's nearly 83% client retention and higher productivity lifted revenue per employee by 7% from 2021-2025.PAYX faces risks from client insolvency, cyberattack exposure and intense competition dampening profits.Paychex, Inc.’s (PAYX) top line is gaining from a surge in demand for cloud computing solutions and the expansion of the cloud computing market. The company’s high client retention rate an ...