Automatic Data Processing (ADP) Stock Forecast, Price Target & Predictions
ADP Stock Forecast
Automatic Data Processing stock forecast is as follows: an average price target of $240.89 (represents a -13.54% downside from ADP’s last price of $278.60) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.
ADP Price Target
The average price target for Automatic Data Processing (ADP) is $240.89 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $267.00 to $215.00. This represents a potential -13.54% downside from ADP's last price of $278.60.
ADP Analyst Ratings
According to 8 Wall Street analysts, Automatic Data Processing's rating consensus is 'Hold'. The analyst rating breakdown for ADP stock is 0 'Strong Buy' (0.00%), 1 'Buy' (12.50%), 7 'Hold' (87.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Automatic Data Processing Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 01, 2024 | Jason Kupferberg | Bank of America Securities | $267.00 | $262.62 | 1.67% | -4.16% |
| Sep 05, 2023 | Ashish Sabadra | RBC Capital | $267.00 | $252.99 | 5.54% | -4.16% |
| May 02, 2022 | - | Barclays | $257.00 | $218.18 | 17.79% | -7.75% |
| May 02, 2022 | - | Citigroup | $230.00 | $218.18 | 5.42% | -17.44% |
| May 02, 2022 | Dan Dolev | Mizuho Securities | $250.00 | $218.18 | 14.58% | -10.27% |
| Mar 16, 2022 | David Grossman | Stifel Nicolaus | $238.00 | $212.46 | 12.02% | -14.57% |
| Nov 16, 2021 | Jeffrey Silber | BMO Capital | $220.00 | $233.04 | -5.60% | -21.03% |
| Aug 17, 2021 | Tien Tsin Huang | J.P. Morgan | $224.00 | $211.82 | 5.75% | -19.60% |
| Aug 16, 2021 | Kevin Mcveigh | Credit Suisse | $215.00 | $213.56 | 0.67% | -22.83% |
The latest Automatic Data Processing stock forecast, released on Aug 01, 2024 by Jason Kupferberg from Bank of America Securities, set a price target of $267.00, which represents a 1.67% increase from the stock price at the time of the forecast ($262.62), and a -4.16% decrease from ADP last price ($278.60).
Automatic Data Processing Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $267.00 | $267.00 |
| Last Closing Price | $278.60 | $278.60 | $278.60 |
| Upside/Downside | -100.00% | -4.16% | -4.16% |
In the current month, the average price target of Automatic Data Processing stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Automatic Data Processing's last price of $278.60. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 05, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 31, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 02, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| May 02, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Mar 26, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Mar 26, 2024 | Mizuho Securities | Underperform | Underperform | Hold |
| Feb 01, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Feb 01, 2024 | UBS | Sector Perform | Sector Perform | Hold |
| Jan 17, 2024 | Bank of America Securities | - | Neutral | Upgrade |
| Oct 26, 2023 | Barclays | Overweight | Overweight | Hold |
Automatic Data Processing's last stock rating was published by Barclays on Aug 05, 2024. The company gave ADP a "Overweight" rating, the same as its previous rate.
Automatic Data Processing Financial Forecast
Automatic Data Processing Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.67B | $4.51B | $3.99B | $4.93B | $4.39B | $4.22B | - | $4.51B | $3.92B | $3.73B | $3.74B | $4.10B | $3.70B | $3.47B | $3.38B | $4.05B |
| Avg Forecast | $5.62B | $6.14B | $5.57B | $5.32B | $5.31B | $5.82B | $5.24B | $5.04B | $5.02B | $5.51B | $4.93B | $4.78B | $4.74B | $5.22B | $4.65B | $4.52B | $4.39B | $4.88B | $4.37B | $4.16B | $4.05B | $4.46B | $3.98B | $3.75B | $3.68B | $4.08B | $3.57B | $3.28B | $3.29B | $4.05B |
| High Forecast | $5.66B | $6.18B | $5.61B | $5.35B | $5.34B | $5.86B | $5.28B | $5.08B | $5.05B | $5.55B | $4.96B | $4.80B | $4.78B | $5.26B | $4.66B | $4.55B | $4.42B | $4.91B | $4.40B | $4.19B | $4.05B | $4.49B | $4.01B | $3.78B | $3.71B | $4.12B | $3.60B | $3.31B | $3.32B | $4.08B |
| Low Forecast | $5.57B | $6.08B | $5.52B | $5.27B | $5.26B | $5.77B | $5.20B | $5.00B | $4.98B | $5.46B | $4.89B | $4.77B | $4.70B | $5.18B | $4.63B | $4.47B | $4.35B | $4.84B | $4.34B | $4.12B | $4.05B | $4.41B | $3.94B | $3.72B | $3.64B | $4.05B | $3.54B | $3.25B | $3.26B | $4.01B |
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 0.91% | 1.01% | 1.00% | 1.01% | - | 1.01% | 0.99% | 0.99% | 1.02% | 1.00% | 1.03% | 1.06% | 1.03% | 1.00% |
Automatic Data Processing's average Quarter revenue forecast for Mar 24 based on 3 analysts is $5.22B, with a low forecast of $5.18B, and a high forecast of $5.26B. ADP's average Quarter revenue forecast represents a 11.93% increase compared to the company's last Quarter revenue of $4.67B (Dec 23).
Automatic Data Processing EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.37B | $1.31B | $1.22B | $1.54B | $1.26B | $1.20B | - | $1.34B | $1.05B | $1.05B | $840.40M | $1.21B | $973.20M | $911.40M | $671.40M | $1.22B |
| Avg Forecast | $1.21B | $1.32B | $1.20B | $1.14B | $1.14B | $1.25B | $1.13B | $1.09B | $1.08B | $1.19B | $1.06B | $1.03B | $1.02B | $1.52B | $1.00B | $972.05M | $943.66M | $1.38B | $940.85M | $1.03B | $1.12B | $1.25B | $1.04B | $935.82M | $788.34M | $1.16B | $799.68M | $562.65M | $545.51M | $1.20B |
| High Forecast | $1.22B | $1.33B | $1.21B | $1.15B | $1.15B | $1.26B | $1.14B | $1.09B | $1.09B | $1.19B | $1.07B | $1.03B | $1.03B | $1.82B | $1.00B | $979.44M | $950.28M | $1.65B | $947.45M | $1.24B | $1.12B | $1.50B | $1.25B | $1.12B | $946.01M | $1.39B | $959.62M | $675.18M | $654.62M | $1.44B |
| Low Forecast | $1.20B | $1.31B | $1.19B | $1.13B | $1.13B | $1.24B | $1.12B | $1.08B | $1.07B | $1.18B | $1.05B | $1.03B | $1.01B | $1.21B | $997.02M | $962.21M | $935.52M | $1.10B | $932.73M | $823.52M | $1.12B | $1.00B | $833.64M | $748.66M | $630.67M | $928.15M | $639.75M | $450.12M | $436.41M | $958.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.37% | 1.34% | 1.29% | 1.12% | 1.34% | 1.16% | - | 1.07% | 1.01% | 1.12% | 1.07% | 1.04% | 1.22% | 1.62% | 1.23% | 1.02% |
3 analysts predict ADP's average Quarter EBITDA for Mar 24 to be $1.52B, with a high of $1.82B and a low of $1.21B. This is 10.87% upper than Automatic Data Processing's previous annual EBITDA (Dec 23) of $1.37B.
Automatic Data Processing Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $878.40M | $859.40M | $776.70M | $1.04B | $813.10M | $779.00M | - | $928.50M | $694.40M | $700.50M | $538.20M | $810.70M | $647.50M | $602.10M | $411.60M | $820.90M |
| Avg Forecast | $1.14B | $1.49B | $1.15B | $1.08B | $1.05B | $1.38B | $1.06B | $993.95M | $960.10M | $1.29B | $958.73M | $906.28M | $846.83M | $1.05B | $862.00M | $831.45M | $751.27M | $957.52M | $794.17M | $687.81M | $602.79M | $870.47M | $685.88M | $625.28M | $504.86M | $779.52M | $532.05M | $371.70M | $334.43M | $807.87M |
| High Forecast | $1.15B | $1.50B | $1.16B | $1.09B | $1.06B | $1.40B | $1.07B | $1.00B | $968.86M | $1.30B | $967.48M | $918.64M | $854.56M | $1.26B | $878.42M | $872.62M | $758.12M | $1.15B | $801.42M | $825.37M | $602.79M | $1.04B | $823.06M | $750.33M | $605.83M | $935.42M | $638.47M | $446.05M | $401.31M | $969.44M |
| Low Forecast | $1.12B | $1.47B | $1.14B | $1.07B | $1.04B | $1.37B | $1.04B | $982.80M | $949.33M | $1.28B | $947.98M | $893.92M | $837.34M | $842.61M | $845.58M | $810.87M | $742.84M | $766.01M | $785.27M | $550.25M | $602.79M | $696.38M | $548.70M | $500.22M | $403.89M | $623.62M | $425.64M | $297.36M | $267.54M | $646.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.03% | 1.03% | 1.09% | 1.02% | 1.13% | - | 1.07% | 1.01% | 1.12% | 1.07% | 1.04% | 1.22% | 1.62% | 1.23% | 1.02% |
Automatic Data Processing's average Quarter net income forecast for Mar 24 is $1.05B, with a range of $842.61M to $1.26B. ADP's average Quarter net income forecast represents a 19.91% increase compared to the company's last Quarter net income of $878.40M (Dec 23).
Automatic Data Processing SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $922.50M | $880.30M | $957.20M | $938.10M | $855.80M | $800.30M | - | $817.50M | $782.30M | $719.20M | $840.70M | $763.00M | $755.80M | $681.00M | $765.60M | $756.60M |
| Avg Forecast | $1.12B | $1.22B | $1.11B | $1.06B | $1.05B | $1.16B | $1.04B | $1.00B | $997.60M | $1.10B | $979.91M | $949.40M | $942.59M | $927.35M | $925.15M | $898.11M | $871.88M | $843.05M | $869.28M | $706.17M | $855.47M | $766.41M | $772.70M | $641.97M | $788.62M | $733.65M | $621.04M | $420.41M | $622.05M | $744.59M |
| High Forecast | $1.12B | $1.23B | $1.12B | $1.06B | $1.06B | $1.17B | $1.05B | $1.01B | $1.00B | $1.10B | $986.78M | $953.39M | $949.20M | $1.11B | $927.13M | $904.93M | $877.99M | $1.01B | $875.38M | $847.40M | $855.47M | $919.69M | $927.24M | $770.36M | $946.35M | $880.38M | $745.25M | $504.50M | $746.46M | $893.51M |
| Low Forecast | $1.11B | $1.21B | $1.10B | $1.05B | $1.05B | $1.15B | $1.03B | $993.91M | $988.99M | $1.09B | $971.45M | $947.40M | $934.45M | $741.88M | $921.18M | $889.01M | $864.35M | $674.44M | $861.78M | $564.93M | $855.47M | $613.13M | $618.16M | $513.58M | $630.90M | $586.92M | $496.84M | $336.33M | $497.64M | $595.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.98% | 1.10% | 1.11% | 0.98% | 1.13% | - | 1.07% | 1.01% | 1.12% | 1.07% | 1.04% | 1.22% | 1.62% | 1.23% | 1.02% |
Automatic Data Processing's average Quarter SG&A projection for Mar 24 is $927.35M, based on 3 Wall Street analysts, with a range of $741.88M to $1.11B. The forecast indicates a 0.53% rise compared to ADP last annual SG&A of $922.50M (Dec 23).
Automatic Data Processing EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.14 | $2.09 | $1.88 | $2.52 | $1.96 | $1.88 | - | $2.22 | $1.65 | $1.66 | $1.27 | $1.90 | $1.51 | $1.40 | $0.96 | $1.91 |
| Avg Forecast | $2.77 | $3.62 | $2.81 | $2.63 | $2.55 | $3.37 | $2.57 | $2.42 | $2.34 | $3.14 | $2.33 | $2.21 | $2.06 | $2.79 | $2.10 | $2.02 | $1.83 | $2.46 | $1.93 | $1.79 | $1.46 | $2.08 | $1.63 | $1.49 | $1.14 | $1.79 | $1.29 | $0.99 | $0.96 | $1.91 |
| High Forecast | $2.80 | $3.66 | $2.83 | $2.66 | $2.58 | $3.40 | $2.60 | $2.44 | $2.36 | $3.17 | $2.36 | $2.24 | $2.08 | $2.81 | $2.14 | $2.13 | $1.85 | $2.49 | $1.95 | $1.81 | $1.46 | $2.10 | $1.65 | $1.50 | $1.15 | $1.81 | $1.31 | $1.00 | $0.97 | $1.93 |
| Low Forecast | $2.74 | $3.58 | $2.77 | $2.60 | $2.52 | $3.33 | $2.54 | $2.39 | $2.31 | $3.11 | $2.31 | $2.18 | $2.04 | $2.75 | $2.06 | $1.97 | $1.81 | $2.44 | $1.91 | $1.77 | $1.46 | $2.05 | $1.61 | $1.47 | $1.13 | $1.76 | $1.28 | $0.98 | $0.94 | $1.89 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.03% | 1.03% | 1.02% | 1.01% | 1.05% | - | 1.07% | 1.01% | 1.12% | 1.11% | 1.06% | 1.17% | 1.41% | 1.01% | 1.00% |
According to 3 Wall Street analysts, Automatic Data Processing's projected average Quarter EPS for Mar 24 is $2.79, with a low estimate of $2.75 and a high estimate of $2.81. This represents a 30.16% increase compared to ADP previous annual EPS of $2.14 (Dec 23).
Automatic Data Processing Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BZ | Kanzhun | $12.25 | $21.81 | 78.04% | Buy |
| TBI | TrueBlue | $7.54 | $12.50 | 65.78% | Buy |
| TNET | TriNet Group | $97.98 | $140.00 | 42.89% | Buy |
| MAN | ManpowerGroup | $71.91 | $93.43 | 29.93% | Buy |
| KFRC | Kforce | $61.83 | $71.00 | 14.83% | Hold |
| KELYA | Kelly Services | $21.15 | $24.00 | 13.48% | - |
| ZIP | ZipRecruiter | $9.95 | $11.00 | 10.55% | Hold |
| RHI | Robert Half | $63.26 | $68.67 | 8.55% | Hold |
| KFY | Korn Ferry | $71.99 | $75.75 | 5.22% | Buy |
| PAYX | Paychex | $135.19 | $128.63 | -4.85% | Hold |
| ADP | Automatic Data Processing | $278.60 | $240.89 | -13.54% | Hold |
ADP Forecast FAQ
Is Automatic Data Processing a good buy?
No, according to 8 Wall Street analysts, Automatic Data Processing (ADP) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 12.50% of ADP's total ratings.
What is ADP's price target?
Automatic Data Processing (ADP) average price target is $240.89 with a range of $215 to $267, implying a -13.54% from its last price of $278.6. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Automatic Data Processing stock go up soon?
According to Wall Street analysts' prediction for ADP stock, the company can go down by -13.54% (from the last price of $278.6 to the average price target of $240.89), down by -4.16% based on the highest stock price target, and down by -22.83% based on the lowest stock price target.
Can Automatic Data Processing stock reach $400?
ADP's average twelve months analyst stock price target of $240.89 does not support the claim that Automatic Data Processing can reach $400 in the near future.
What are Automatic Data Processing's analysts' financial forecasts?
Automatic Data Processing's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $21.41B (high $21.56B, low $21.23B), average EBITDA is $4.61B (high $4.64B, low $4.57B), average net income is $4.48B (high $4.52B, low $4.43B), average SG&A $4.26B (high $4.29B, low $4.22B), and average EPS is $10.91 (high $11.01, low $10.79). ADP's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $22.64B (high $22.8B, low $22.45B), average EBITDA is $4.87B (high $4.91B, low $4.83B), average net income is $4.86B (high $4.9B, low $4.8B), average SG&A $4.5B (high $4.53B, low $4.46B), and average EPS is $11.83 (high $11.94, low $11.7).
Did the ADP's actual financial results beat the analysts' financial forecasts?
Based on Automatic Data Processing's last annual report (Jun 2023), the company's revenue was $17.2B, which missed the average analysts forecast of $21.85B by -21.28%. Apple's EBITDA was $5.26B, missing the average prediction of $5.41B by -2.85%. The company's net income was $3.41B, missing the average estimation of $3.79B by -10.06%. Apple's SG&A was $3.55B, missing the average forecast of $4.15B by -14.34%. Lastly, the company's EPS was $8.25, missing the average prediction of $9.48 by -13.00%. In terms of the last quarterly report (Dec 2023), Automatic Data Processing's revenue was $4.67B, beating the average analysts' forecast of $4.65B by 0.29%. The company's EBITDA was $1.37B, beating the average prediction of $1B by 36.65%. Automatic Data Processing's net income was $878.4M, beating the average estimation of $862M by 1.90%. The company's SG&A was $922.5M, missing the average forecast of $925.15M by -0.29%. Lastly, the company's EPS was $2.14, beating the average prediction of $2.1 by 1.94%