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
$235.00-3.42%
Avg Forecast
$254.00+4.39%
Max Forecast
$280.00+15.08%

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
5 analysts 62.5%
Sell
1 analysts 12.5%
Strong Sell
0 analysts 0%

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
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-03-11
lockedlocked$00.00+00.00%2024-02-01
lockedlocked$00.00+00.00%2024-01-17
lockedlocked$00.00+00.00%2023-11-30
UBS
Bottom 4%
4
HoldInitiates Coverage On$235.00-3.42%2023-11-07
Morgan Stanley
Top 9%
92
HoldMaintains$250.00+2.75%2023-10-26
Barclays
Bottom 2%
2
Strong BuyMaintains$280.00+15.08%2023-10-26

1 of 1

Forecast return on equity

Is ADP forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
36%

Forecast return on assets

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

ADP revenue forecast

What is ADP's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$19.2B+3.04%
Avg 2 year Forecast
$20.2B+8.92%
Avg 3 year Forecast
$21.6B+16.28%
ADP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ADP earnings growth forecast

How is ADP forecast to perform vs Staffing & Employment Services companies and vs the US market?
Company
9.87%
Industry
7.95%
Market
21.89%
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
5.07%
Industry
4.8%
Market
10.06%
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$243.31$254.00+4.39%Hold
PAYX$119.52$121.60+1.74%Hold
BZ$17.84$24.00+34.53%Strong Buy
RHI$70.23$70.67+0.62%Strong Sell
TNET$128.26$131.50+2.53%Buy

Automatic Data Processing Stock Forecast FAQ

Is Automatic Data Processing Stock a good buy in 2024, 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, 5 (62.5%) are recommending ADP as a Hold, 1 (12.5%) are recommending ADP as a Sell, and 0 (0%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: ADP) Automatic Data Processing's forecast annual revenue growth rate of 5.07% is forecast to beat the US Staffing & Employment Services industry's average forecast revenue growth rate of 4.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.06%.

Automatic Data Processing's revenue in 2024 is $18,586,000,000.On average, 7 Wall Street analysts forecast ADP's revenue for 2024 to be $7,867,167,634,719, with the lowest ADP revenue forecast at $7,856,234,032,988, and the highest ADP revenue forecast at $7,881,235,157,686. On average, 6 Wall Street analysts forecast ADP's revenue for 2025 to be $8,316,071,761,316, with the lowest ADP revenue forecast at $8,229,852,161,580, and the highest ADP revenue forecast at $8,378,862,331,854.

In 2026, ADP is forecast to generate $8,877,858,260,190 in revenue, with the lowest revenue forecast at $8,752,303,820,502 and the highest revenue forecast at $8,958,445,099,672.

What is ADP's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: ADP) forecast ROA is N/A, which is lower than the forecast US Staffing & Employment Services industry average of N/A.

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 $254.00, with the highest ADP stock price forecast at $280.00 and the lowest ADP stock price forecast at $235.00.

On average, Wall Street analysts predict that Automatic Data Processing's share price could reach $254.00 by Mar 26, 2025. The average Automatic Data Processing stock price prediction forecasts a potential upside of 4.39% from the current ADP share price of $243.31.

What is ADP's forecast return on equity (ROE) for 2024-2027?

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