S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
NEW: Federal Reserve launches bank account overhaul (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
NEW: Federal Reserve launches bank account overhaul (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
66,000% upside on tiny biotech? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
NEW: Federal Reserve launches bank account overhaul (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
NEW: Federal Reserve launches bank account overhaul (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
66,000% upside on tiny biotech? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
NEW: Federal Reserve launches bank account overhaul (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
NEW: Federal Reserve launches bank account overhaul (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
66,000% upside on tiny biotech? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
NEW: Federal Reserve launches bank account overhaul (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
NEW: Federal Reserve launches bank account overhaul (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
66,000% upside on tiny biotech? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift

Automatic Data Processing (ADP) Stock Forecast & Price Target

$253.92
+0.98 (+0.39%)
(As of 02/21/2024 ET)

Automatic Data Processing Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 9 Analyst Ratings

Analysts' Consensus Price Target

$253.17
-0.30% Downside
High Forecast$280.00
Average Forecast$253.17
Low Forecast$213.00
TypeCurrent Forecast
2/22/23 to 2/22/24
1 Month Ago
1/23/23 to 1/23/24
3 Months Ago
11/24/22 to 11/24/23
1 Year Ago
2/22/22 to 2/22/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$253.17$253.17$248.42$243.50
Predicted Upside-0.30% Downside9.09% Upside7.35% Upside8.18% Upside
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ADP Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ADP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Automatic Data Processing Stock vs. The Competition

TypeAutomatic Data ProcessingBusiness Services CompaniesS&P 500
Consensus Rating Score
2.11
2.61
2.48
Consensus RatingHoldModerate BuyHold
Predicted Upside-0.30% Downside987.04% Upside8.58% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/1/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$267.00+9.42%
1/17/2024Bank of America
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 UpgradeUnderperform ➝ Neutral$217.00 ➝ $243.00+3.28%
1/4/2024Wolfe Research
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 UpgradeUnderperform ➝ Peer Perform
11/30/2023Stifel Nicolaus
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 Reiterated RatingHold ➝ Hold$250.00+9.20%
11/7/2023UBS Group
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 Initiated CoverageNeutral$235.00+6.56%
10/31/2023Mizuho
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 Lower TargetBuy ➝ Buy$285.00 ➝ $255.00+18.01%
10/26/2023Barclays
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 Lower TargetOverweight ➝ Overweight$285.00 ➝ $280.00+25.93%
10/26/2023Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$260.00 ➝ $250.00+12.44%
8/22/2023JPMorgan Chase & Co.
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 Boost TargetUnderweight ➝ Underweight$260.00 ➝ $280.00+11.50%
7/27/2023Robert W. Baird
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 Boost Target$235.00 ➝ $270.00+6.53%
7/26/2023Jefferies Financial Group
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 Boost Target$240.00 ➝ $260.00+2.58%
4/27/2023888
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 Reiterated RatingMaintains
4/27/2023Deutsche Bank Aktiengesellschaft
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 Lower Target$234.00 ➝ $213.00+1.39%
3/31/2023Citigroup
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 Lower Target$260.00 ➝ $235.00+7.07%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:28 AM ET.












ADP Price Target - Frequently Asked Questions

What is Automatic Data Processing's consensus rating and price target?

According to the issued ratings of 9 analysts in the last year, the consensus rating for Automatic Data Processing stock is Hold based on the current 1 sell rating, 6 hold ratings and 2 buy ratings for ADP. The average twelve-month price prediction for Automatic Data Processing is $253.17 with a high price target of $280.00 and a low price target of $213.00. Learn more on ADP's analyst rating history.

Do Wall Street analysts like Automatic Data Processing more than its competitors?

Analysts like Automatic Data Processing less than other Business Services companies. The consensus rating for Automatic Data Processing is Hold while the average consensus rating for business services companies is Moderate Buy. Learn more on how ADP compares to other companies.

Is Automatic Data Processing being upgraded by Wall Street analysts?

Over the previous 90 days, Automatic Data Processing's stock had 2 upgrades by analysts.

Does Automatic Data Processing's stock price have much upside?

According to analysts, Automatic Data Processing's stock has a predicted upside of 9.65% based on their 12-month stock forecasts.

What analysts cover Automatic Data Processing?

Automatic Data Processing has been rated by Bank of America, Royal Bank of Canada, Stifel Nicolaus, and Wolfe Research in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:ADP) was last updated on 2/22/2024 by MarketBeat.com Staff