WallStreetZenWallStreetZen

NASDAQ: ADP
Automatic Data Processing Inc Stock Forecast, Predictions & Price Target

Analyst price target for ADP

Based on 8 analysts offering 12 month price targets for Automatic Data Processing Inc.
Min Forecast
$211.00-0.38%
Avg Forecast
$240.25+13.43%
Max Forecast
$278.00+31.25%

Should I buy or sell ADP stock?

Based on 8 analysts offering ratings for Automatic Data Processing Inc.
Hold
Strong Buy
2 analysts 25%
Buy
0 analysts 0%
Hold
3 analysts 37.5%
Sell
2 analysts 25%
Strong Sell
1 analysts 12.5%

Be the first to know when Wall Street analysts revise their ADP stock forecasts and price targets.

ADP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
UBS
Bottom 9%
9
HoldInitiates Coverage On$230.00+8.59%2023-06-02
Deutsche Bank
Top 7%
94
HoldMaintains$213.00+0.56%2023-04-27
Morgan Stanley
Bottom 5%
5
HoldMaintains$240.00+13.31%2023-04-27
Baird
Top 2%
99
HoldMaintains$235.00+10.95%2023-04-27
Bank of America
Bottom 3%
3
SellDowngrades$211.00-0.38%2023-04-03
Barclays
Bottom 1%
1
Strong BuyMaintains$278.00+31.25%2023-01-30
JP Morgan
Top 33%
68
Strong SellMaintains$245.00+15.67%2023-01-26
Mizuho
Bottom 1%
1
Strong BuyMaintains$275.00+29.83%2023-01-26
Wolfe Research
Top 6%
95
SellMaintains$225.00+6.23%2023-01-05

1 of 1

Forecast return on equity

Is ADP forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
71.27%

Forecast return on assets

Is ADP forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ADP earnings growth forecast

How is ADP forecast to perform vs Staffing & Employment Services companies and vs the US market?
Company
8.85%
Industry
8.3%
Market
25.63%
ADP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ADP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ADP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ADP revenue growth forecast

How is ADP forecast to perform vs Staffing & Employment Services companies and vs the US market?
Company
5.33%
Industry
5.7%
Market
8.44%
ADP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ADP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ADP vs Staffing & Employment Service Stocks

TickerPricePrice TargetUp/downsideConsensus
ADP$211.81$240.25+13.43%Hold
PAYX$107.20$115.57+7.81%Sell
RHI$66.36$73.75+11.14%Hold
BZ$14.61$22.55+54.35%Buy
TNET$91.62$101.00+10.24%Buy

Automatic Data Processing Stock Forecast FAQ

Is Automatic Data Processing Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: ADP) stock is to Hold ADP stock.

Out of 8 analysts, 2 (25%) are recommending ADP as a Strong Buy, 0 (0%) are recommending ADP as a Buy, 3 (37.5%) are recommending ADP as a Hold, 2 (25%) are recommending ADP as a Sell, and 1 (12.5%) are recommending ADP as a Strong Sell.

If you're new to stock investing, here's how to buy Automatic Data Processing stock.

What is ADP's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: ADP) forecast ROE is N/A, which is considered weak.

What is ADP's Price Target?

According to 8 Wall Street analysts that have issued a 1 year ADP price target, the average ADP price target is $240.25, with the highest ADP stock price forecast at $278.00 and the lowest ADP stock price forecast at $211.00.

On average, Wall Street analysts predict that Automatic Data Processing's share price could reach $240.25 by Apr 27, 2024. The average Automatic Data Processing stock price prediction forecasts a potential upside of 13.43% from the current ADP share price of $211.81.

What is ADP's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: ADP) forecast ROA is N/A, which is lower than the forecast US Staffing & Employment Services industry average of N/A.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.