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Automatic Data Processing (ADP) Stock Forecast, Price Target & Predictions

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ADP Stock Forecast

Automatic Data Processing stock forecast is as follows: an average price target of $247.78 (represents a -17.02% downside from ADP’s last price of $298.59) 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 $247.78 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $315.00 to $215.00. This represents a potential -17.02% downside from ADP's last price of $298.59.

ADP Analyst Ratings

Hold

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Ashish SabadraRBC Capital$315.00$290.248.53%5.50%
Oct 04, 2024Jason KupferbergBank of America Securities$281.00$285.16-1.46%-5.89%
Aug 01, 2024Jason KupferbergBank of America Securities$267.00$262.621.67%-10.58%
Sep 05, 2023Ashish SabadraRBC Capital$267.00$252.995.54%-10.58%
May 02, 2022-Barclays$257.00$218.1817.79%-13.93%
May 02, 2022-Citigroup$230.00$218.185.42%-22.97%
May 02, 2022Dan DolevMizuho Securities$250.00$218.1814.58%-16.27%
Mar 16, 2022David GrossmanStifel Nicolaus$238.00$212.4612.02%-20.29%
Nov 16, 2021Jeffrey SilberBMO Capital$220.00$233.04-5.60%-26.32%
Aug 17, 2021Tien Tsin HuangJ.P. Morgan$224.00$211.825.75%-24.98%
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The latest Automatic Data Processing stock forecast, released on Oct 31, 2024 by Ashish Sabadra from RBC Capital, set a price target of $315.00, which represents a 8.53% increase from the stock price at the time of the forecast ($290.24), and a 5.50% increase from ADP last price ($298.59).

Automatic Data Processing Price Target by Period

1M3M12M
# Anlaysts123
Avg Price Target$315.00$298.00$287.67
Last Closing Price$298.59$298.59$298.59
Upside/Downside5.50%-0.20%-3.66%

In the current month, the average price target of Automatic Data Processing stock is $315.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 5.50% increase as opposed to Automatic Data Processing's last price of $298.59. This month's average price target is up 5.70% compared to last quarter, and up 9.50% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024RBC CapitalSector PerformSector PerformHold
Oct 22, 2024JefferiesHoldHoldHold
Oct 04, 2024Bank of America SecuritiesNeutralNeutralHold
Sep 25, 2024CitigroupNeutralNeutralHold
Aug 05, 2024BarclaysOverweightOverweightHold
Jul 31, 2024JefferiesHoldHoldHold
Jul 02, 2024RBC CapitalSector PerformSector PerformHold
May 02, 2024Cowen & Co.HoldHoldHold
Mar 26, 2024Mizuho SecuritiesUnderperformUnderperformHold
Mar 26, 2024RBC CapitalSector PerformSector PerformHold
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Automatic Data Processing's last stock rating was published by RBC Capital on Oct 31, 2024. The company gave ADP a "Sector Perform" rating, the same as its previous rate.

Automatic Data Processing Financial Forecast

Automatic Data Processing Revenue Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Revenue--------------$4.67B$4.51B$3.99B$4.93B$4.39B$4.22B$4.13B$4.51B$3.92B$3.73B$3.74B$4.10B$3.70B$3.47B$3.38B$4.05B
Avg Forecast$5.65B$6.17B$5.60B$5.38B$5.34B$5.85B$5.28B$5.09B$5.05B$5.55B$4.97B$4.77B$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$5.68B$6.21B$5.64B$5.41B$5.37B$5.89B$5.31B$5.13B$5.08B$5.58B$5.00B$4.78B$4.74B$5.22B$4.66B$4.55B$4.41B$4.91B$4.40B$4.16B$4.05B$4.46B$3.98B$3.75B$3.68B$4.08B$3.57B$3.28B$3.29B$4.05B
Low Forecast$5.59B$6.11B$5.55B$5.33B$5.29B$5.80B$5.23B$5.05B$5.00B$5.50B$4.94B$4.77B$4.74B$5.22B$4.63B$4.47B$4.35B$4.83B$4.33B$4.16B$4.05B$4.46B$3.98B$3.75B$3.68B$4.08B$3.57B$3.28B$3.29B$4.05B
# Analysts4764464379943361299555566669333
Surprise %--------------1.00%1.00%0.91%1.01%1.00%1.01%1.02%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 $5.22B, and a high forecast of $5.22B. 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 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts4764464379943361299555566669333
EBITDA--------------$1.37B$1.31B$1.22B$1.54B$1.26B$1.20B$983.70M$1.34B$1.05B$1.05B$840.40M$1.21B$973.20M$911.40M$671.40M$1.22B
Avg Forecast$1.56B$1.70B$1.55B$1.49B$1.47B$1.62B$1.46B$1.41B$1.39B$1.53B$1.37B$1.32B$1.31B$1.52B$1.29B$1.25B$1.21B$1.38B$1.15B$894.65M$871.93M$1.25B$855.42M$807.17M$790.63M$1.16B$768.39M$705.84M$708.56M$1.20B
High Forecast$1.57B$1.71B$1.56B$1.50B$1.48B$1.63B$1.47B$1.42B$1.40B$1.54B$1.38B$1.32B$1.31B$1.82B$1.29B$1.26B$1.22B$1.65B$1.38B$894.65M$871.93M$1.50B$855.42M$807.17M$790.63M$1.39B$768.39M$705.84M$708.56M$1.44B
Low Forecast$1.54B$1.69B$1.53B$1.47B$1.46B$1.60B$1.44B$1.39B$1.38B$1.52B$1.36B$1.32B$1.31B$1.21B$1.28B$1.23B$1.20B$1.10B$917.01M$894.65M$871.93M$1.00B$855.42M$807.17M$790.63M$928.15M$768.39M$705.84M$708.56M$958.38M
Surprise %--------------1.06%1.05%1.00%1.12%1.10%1.34%1.13%1.07%1.23%1.30%1.06%1.04%1.27%1.29%0.95%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 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts4764464379943361299555566669333
Net Income--------------$878.40M$859.40M$776.70M$1.04B$813.10M$779.00M$625.40M$928.50M$694.40M$700.50M$538.20M$810.70M$647.50M$602.10M$411.60M$820.90M
Avg Forecast$1.11B$1.45B$1.14B$1.11B$1.03B$1.37B$1.04B$1.02B$931.47M$1.24B$941.77M$903.66M$844.57M$1.05B$859.69M$829.23M$749.25M$957.52M$754.47M$736.11M$600.59M$870.47M$668.76M$610.89M$468.06M$779.52M$530.77M$408.09M$392.19M$807.87M
High Forecast$1.12B$1.46B$1.15B$1.12B$1.04B$1.38B$1.05B$1.03B$939.25M$1.26B$966.55M$903.71M$844.65M$1.26B$876.06M$870.28M$755.52M$1.15B$905.36M$736.11M$600.59M$1.04B$668.76M$610.89M$468.06M$935.42M$530.77M$408.09M$392.19M$969.44M
Low Forecast$1.10B$1.43B$1.13B$1.10B$1.02B$1.35B$1.02B$1.01B$920.29M$1.22B$896.33M$903.61M$844.48M$842.61M$843.31M$808.70M$740.27M$766.01M$603.57M$736.11M$600.59M$696.38M$668.76M$610.89M$468.06M$623.62M$530.77M$408.09M$392.19M$646.30M
Surprise %--------------1.02%1.04%1.04%1.09%1.08%1.06%1.04%1.07%1.04%1.15%1.15%1.04%1.22%1.48%1.05%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 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts4764464379943361299555566669333
SG&A--------------$922.50M$880.30M$957.20M$938.10M$855.80M$800.30M$914.20M$817.50M$782.30M$719.20M$840.70M$763.00M$755.80M$681.00M$765.60M$756.60M
Avg Forecast$1.13B$1.23B$1.12B$1.07B$1.06B$1.17B$1.05B$1.02B$1.01B$1.11B$990.67M$951.59M$945.19M$927.35M$927.71M$900.59M$874.29M$843.05M$849.97M$826.59M$805.60M$766.41M$790.35M$745.77M$730.49M$733.65M$709.94M$652.15M$654.66M$744.59M
High Forecast$1.13B$1.24B$1.12B$1.08B$1.07B$1.17B$1.06B$1.02B$1.01B$1.11B$996.66M$951.81M$945.19M$1.11B$929.70M$907.43M$879.91M$1.01B$1.02B$826.59M$805.60M$919.69M$790.35M$745.77M$730.49M$880.38M$709.94M$652.15M$654.66M$893.51M
Low Forecast$1.12B$1.22B$1.11B$1.06B$1.05B$1.16B$1.04B$1.01B$997.16M$1.10B$984.68M$951.38M$945.19M$741.88M$923.72M$891.47M$866.22M$674.44M$679.98M$826.59M$805.60M$613.13M$790.35M$745.77M$730.49M$586.92M$709.94M$652.15M$654.66M$595.67M
Surprise %--------------0.99%0.98%1.09%1.11%1.01%0.97%1.13%1.07%0.99%0.96%1.15%1.04%1.06%1.04%1.17%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 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts4764464379943361299555566669333
EPS--------------$2.14$2.09$1.88$2.52$1.96$1.88$1.50$2.22$1.65$1.66$1.27$1.90$1.51$1.40$0.96$1.91
Avg Forecast$2.71$3.55$2.79$2.71$2.53$3.34$2.53$2.50$2.27$3.04$2.30$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$2.73$3.58$2.81$2.73$2.55$3.37$2.55$2.52$2.29$3.08$2.36$2.21$2.06$2.79$2.14$2.13$1.84$2.48$1.94$1.79$1.46$2.08$1.63$1.49$1.14$1.79$1.29$0.99$0.96$1.91
Low Forecast$2.67$3.50$2.75$2.68$2.50$3.30$2.50$2.47$2.25$2.98$2.19$2.21$2.06$2.79$2.06$1.97$1.81$2.43$1.92$1.79$1.46$2.08$1.63$1.49$1.14$1.79$1.29$0.99$0.96$1.91
Surprise %--------------1.02%1.03%1.03%1.02%1.01%1.05%1.03%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 $2.79 and a high estimate of $2.79. 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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TBITrueBlue$6.86$12.5082.22%Buy
KELYAKelly Services$13.96$24.0071.92%-
BZKanzhun$13.44$21.8462.50%Buy
TNETTriNet Group$94.20$140.0048.62%Buy
MANManpowerGroup$60.39$88.5746.66%Buy
ZIPZipRecruiter$8.71$11.0026.29%Hold
KFRCKforce$57.98$71.0022.46%Hold
KFYKorn Ferry$75.67$75.750.11%Buy
RHIRobert Half$72.61$71.50-1.53%Hold
PAYXPaychex$141.83$130.41-8.05%Hold
ADPAutomatic Data Processing$298.59$247.78-17.02%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 $247.78 with a range of $215 to $315, implying a -17.02% from its last price of $298.59. 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 -17.02% (from the last price of $298.59 to the average price target of $247.78), up by 5.50% based on the highest stock price target, and down by -27.99% based on the lowest stock price target.

Can Automatic Data Processing stock reach $400?

ADP's average twelve months analyst stock price target of $247.78 does not support the claim that Automatic Data Processing can reach $400 in the near future.

What is Automatic Data Processing's current price target trend?

1 Wall Street analyst forecast a $315 price target for Automatic Data Processing (ADP) this month, up 5.50% from its last price of $298.59. Compared to the last 3 and 12 months, the average price target decreased by -0.20% and decreased by -3.66%, respectively.

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 $21.56B (high $21.7B, low $21.36B), average EBITDA is $5.95B (high $5.99B, low $5.9B), average net income is $4.46B (high $4.5B, low $4.41B), average SG&A $4.3B (high $4.33B, low $4.26B), and average EPS is $10.9 (high $10.99, low $10.77). ADP's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $22.8B (high $22.95B, low $22.59B), average EBITDA is $6.3B (high $6.34B, low $6.24B), average net income is $4.81B (high $4.85B, low $4.75B), average SG&A $4.54B (high $4.57B, low $4.5B), and average EPS is $11.75 (high $11.85, low $11.61).

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 $17.8B by -3.36%. Apple's EBITDA was $5.26B, beating the average prediction of $4.63B by 13.51%. The company's net income was $3.41B, beating the average estimation of $3.2B by 6.71%. Apple's SG&A was $3.55B, beating the average forecast of $3.39B by 4.64%. Lastly, the company's EPS was $8.25, beating the average prediction of $8.02 by 2.86%. 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 $1.29B by 6.47%. Automatic Data Processing's net income was $878.4M, beating the average estimation of $859.69M by 2.18%. The company's SG&A was $922.5M, missing the average forecast of $927.71M by -0.56%. Lastly, the company's EPS was $2.14, beating the average prediction of $2.1 by 1.94%