Automatic Data Processing, Inc. (ADP)
NASDAQ: ADP · Real-Time Price · USD
304.57
+5.98 (2.00%)
At close: Nov 21, 2024, 4:00 PM
304.09
-0.48 (-0.16%)
After-hours: Nov 21, 2024, 4:45 PM EST
Automatic Data Processing Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for ADP stock have an average target of 289.91, with a low estimate of 235 and a high estimate of 325. The average target predicts a decrease of -4.81% from the current stock price of 304.57.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ADP stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 10 | 10 | 9 | 9 | 8 | 8 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 13 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $281 → $310 | Buy | Maintains | $281 → $310 | +1.78% | Nov 4, 2024 |
| Barclays | Barclays | Buy Maintains $310 → $325 | Buy | Maintains | $310 → $325 | +6.71% | Nov 4, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $276 → $285 | Hold | Maintains | $276 → $285 | -6.43% | Nov 1, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $267 → $315 | Hold | Maintains | $267 → $315 | +3.42% | Oct 31, 2024 |
| UBS | UBS | Hold Maintains $270 → $295 | Hold | Maintains | $270 → $295 | -3.14% | Oct 22, 2024 |
Financial Forecast
Revenue This Year
20.60B
from 19.20B
Increased by 7.27%
Revenue Next Year
21.76B
from 20.60B
Increased by 5.61%
EPS This Year
10.05
from 9.10
Increased by 10.46%
EPS Next Year
10.98
from 10.05
Increased by 9.27%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.5B | 22.8B | 24.2B | ||
| Avg | 20.6B | 21.8B | 22.9B | ||
| Low | 19.9B | 20.8B | 21.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.8% | 10.8% | 11.4% | ||
| Avg | 7.3% | 5.6% | 5.3% | ||
| Low | 3.8% | 1.0% | -0.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 10.53 | 11.93 | 12.69 | ||
| Avg | 10.05 | 10.98 | 11.91 | ||
| Low | 9.70 | 10.38 | 11.16 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 15.7% | 18.7% | 15.6% | ||
| Avg | 10.5% | 9.3% | 8.4% | ||
| Low | 6.6% | 3.2% | 1.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.