$246.97
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Automatic Data Processing
ADPNASDAQ
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Automatic Data Processing (NASDAQ:ADP) Stock, Analyst Ratings, Price Targets, Forecasts
Automatic Data Processing Inc has a consensus price target of $243.5 based on the ratings of 19 analysts. The high is $282 issued by Barclays on May 2, 2024. The low is $213 issued by Deutsche Bank on April 27, 2023. The 3 most-recent analyst ratings were released by TD Cowen, JP Morgan, and Barclays on May 2, 2024, respectively. With an average price target of $261 between TD Cowen, JP Morgan, and Barclays, there's an implied 5.68% upside for Automatic Data Processing Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
TD Cowen
JP Morgan
Barclays
Evercore ISI Group
Mizuho
1calculated from analyst ratings
Analyst Ratings for Automatic Data Processing
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/02/2024 | Buy Now | 1.63% | TD Cowen | Bryan Bergin | $253 → $251 | Maintains | Hold | Get Alert |
| 05/02/2024 | Buy Now | 1.23% | JP Morgan | Tien-Tsin Huang | $254 → $250 | Maintains | Underweight | Get Alert |
| 05/02/2024 | Buy Now | 14.18% | Barclays | Ramsey El-Assal | $280 → $282 | Maintains | Overweight | Get Alert |
| 03/26/2024 | Buy Now | -4.85% | Evercore ISI Group | David Togut | $227 → $235 | Maintains | Underperform | Get Alert |
| 03/11/2024 | Buy Now | 10.13% | Mizuho | Dan Dolev | $265 → $272 | Maintains | Buy | Get Alert |
| 02/01/2024 | Buy Now | 8.11% | RBC Capital | Ashish Sabadra | → $267 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 01/17/2024 | Buy Now | -1.61% | B of A Securities | Jason Kupferberg | $217 → $243 | Upgrade | Underperform → Neutral | Get Alert |
| 01/04/2024 | Buy Now | — | Wolfe Research | Darrin Peller | — | Upgrade | Underperform → Peer Perform | Get Alert |
| 11/30/2023 | Buy Now | 1.23% | Stifel | David Grossman | → $250 | Reiterates | Hold → Hold | Get Alert |
| 11/07/2023 | Buy Now | -4.85% | UBS | Kevin Mcveigh | → $235 | Initiates | → Neutral | Get Alert |
| 10/31/2023 | Buy Now | 3.25% | Mizuho | Dan Dolev | $285 → $255 | Maintains | Buy | Get Alert |
| 10/26/2023 | Buy Now | 1.23% | Morgan Stanley | James Faucette | $260 → $250 | Maintains | Equal-Weight | Get Alert |
| 10/26/2023 | Buy Now | 13.37% | Barclays | Ramsey El-Assal | $285 → $280 | Maintains | Overweight | Get Alert |
| 09/05/2023 | Buy Now | 8.11% | RBC Capital | Gary Bisbee | → $267 | Initiates | → Sector Perform | Get Alert |
| 08/22/2023 | Buy Now | 13.37% | JP Morgan | Tien-Tsin Huang | $260 → $280 | Maintains | Underweight | Get Alert |
| 08/17/2023 | Buy Now | 15.4% | Mizuho | Dan Dolev | $255 → $285 | Maintains | Buy | Get Alert |
| 07/31/2023 | Buy Now | 15.4% | Barclays | Ramsey El-Assal | $275 → $285 | Maintains | Overweight | Get Alert |
| 07/27/2023 | Buy Now | 5.28% | Morgan Stanley | James Faucette | $240 → $260 | Maintains | Equal-Weight | Get Alert |
| 06/02/2023 | Buy Now | -6.87% | UBS | Rayna Kumar | → $230 | Initiates | → Neutral | Get Alert |
| 05/01/2023 | Buy Now | 11.35% | Barclays | Ramsey El-Assal | $278 → $275 | Maintains | Overweight | Get Alert |
| 04/27/2023 | Buy Now | -3.63% | JP Morgan | Tien-Tsin Huang | $245 → $238 | Maintains | Underweight | Get Alert |
| 04/27/2023 | Buy Now | -13.75% | Deutsche Bank | Bryan Keane | $234 → $213 | Maintains | Hold | Get Alert |
| 04/27/2023 | Buy Now | -2.82% | Morgan Stanley | James Faucette | $245 → $240 | Maintains | Equal-Weight | Get Alert |
| 04/27/2023 | Buy Now | -4.85% | Baird | Mark Mahaney | $249 → $235 | Maintains | Neutral | Get Alert |
| 04/03/2023 | Buy Now | -14.56% | B of A Securities | Jason Kupferberg | $249 → $211 | Downgrade | Neutral → Underperform | Get Alert |
| 01/30/2023 | Buy Now | 12.56% | Barclays | Ramsey El-Assal | $280 → $278 | Maintains | Overweight | Get Alert |
| 01/26/2023 | Buy Now | -0.8% | JP Morgan | Tien-Tsin Huang | $253 → $245 | Maintains | Underweight | Get Alert |
| 01/26/2023 | Buy Now | 11.35% | Mizuho | Dan Dolev | $285 → $275 | Maintains | Buy | Get Alert |
| 01/05/2023 | Buy Now | -8.9% | Wolfe Research | Darrin Peller | $220 → $225 | Maintains | Underperform | Get Alert |
| 12/12/2022 | Buy Now | 15.4% | Mizuho | Dan Dolev | $276 → $285 | Maintains | Buy | Get Alert |
| 11/25/2022 | Buy Now | 11.75% | Mizuho | Dan Dolev | $257 → $276 | Maintains | Buy | Get Alert |
| 10/27/2022 | Buy Now | 1.23% | Morgan Stanley | James Faucette | $245 → $250 | Maintains | Equal-Weight | Get Alert |
| 09/20/2022 | Buy Now | -4.44% | TD Cowen | Bryan Bergin | $230 → $236 | Maintains | Market Perform | Get Alert |
| 08/01/2022 | Buy Now | 4.06% | Mizuho | Dan Dolev | $250 → $257 | Maintains | Buy | Get Alert |
| 08/01/2022 | Buy Now | 13.37% | Barclays | Ramsey El-Assal | $257 → $280 | Maintains | Overweight | Get Alert |
| 07/28/2022 | Buy Now | -6.87% | TD Cowen | Bryan Bergin | $225 → $230 | Maintains | Market Perform | Get Alert |
| 07/28/2022 | Buy Now | -0.8% | Morgan Stanley | James Faucette | $235 → $245 | Maintains | Equal-Weight | Get Alert |
| 07/20/2022 | Buy Now | -14.97% | Wolfe Research | Darrin Peller | $235 → $210 | Maintains | Underperform | Get Alert |
| 05/02/2022 | Buy Now | 1.23% | Mizuho | Dan Dolev | $235 → $250 | Maintains | Buy | Get Alert |
| 05/02/2022 | Buy Now | 4.06% | Barclays | Ramsey El-Assal | $238 → $257 | Maintains | Overweight | Get Alert |
| 05/02/2022 | Buy Now | -6.87% | Citigroup | Peter Christiansen | $212 → $230 | Maintains | Neutral | Get Alert |
| 04/28/2022 | Buy Now | -5.25% | Deutsche Bank | Bryan Keane | $203 → $234 | Maintains | Hold | Get Alert |
| 03/09/2022 | Buy Now | -9.71% | B of A Securities | Jason Kupferberg | → $223 | Upgrade | Underperform → Neutral | Get Alert |
| 02/14/2022 | Buy Now | -4.85% | Mizuho | Dan Dolev | $245 → $235 | Maintains | Buy | Get Alert |
| 01/31/2022 | Buy Now | -3.63% | Barclays | Ramsey El-Assal | $247 → $238 | Maintains | Overweight | Get Alert |
| 01/27/2022 | Buy Now | -17.8% | Deutsche Bank | Bryan Keane | $235 → $203 | Maintains | Hold | Get Alert |
| 01/27/2022 | Buy Now | -8.9% | Morgan Stanley | James Faucette | $235 → $225 | Maintains | Equal-Weight | Get Alert |
| 12/01/2021 | Buy Now | -3.63% | Citigroup | — | — | Maintains | Neutral | Get Alert |
| 11/16/2021 | Buy Now | -4.85% | Morgan Stanley | James Faucette | — | Maintains | Equal-Weight | Get Alert |
| 11/02/2021 | Buy Now | -0.8% | Mizuho | Dan Dolev | — | Maintains | Buy | Get Alert |
| 10/29/2021 | Buy Now | 0.01% | Barclays | Ramsey El-Assal | — | Maintains | Overweight | Get Alert |
| 10/28/2021 | Buy Now | -10.92% | BMO Capital | Jeffrey Silber | — | Maintains | Market Perform | Get Alert |
| 10/28/2021 | Buy Now | -12.94% | Morgan Stanley | James Faucette | — | Maintains | Equal-Weight | Get Alert |
| 08/17/2021 | Buy Now | -9.3% | JP Morgan | Tien-Tsin Huang | — | Downgrade | Neutral → Underweight | Get Alert |
| 08/16/2021 | Buy Now | -12.94% | Credit Suisse | Kevin Mcveigh | — | Downgrade | Outperform → Neutral | Get Alert |
| 08/11/2021 | Buy Now | -10.92% | Citigroup | Peter Christiansen | — | Downgrade | Buy → Neutral | Get Alert |
| 08/02/2021 | Buy Now | -6.87% | Mizuho | Dan Dolev | — | Maintains | Buy | Get Alert |
| 07/29/2021 | Buy Now | -19.02% | Morgan Stanley | James Faucette | — | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Automatic Data Processing (ADP) stock?
The latest price target for Automatic Data Processing (NASDAQ:ADP) was reported by TD Cowen on May 2, 2024. The analyst firm set a price target for $251.00 expecting ADP to rise to within 12 months (a possible 1.63% upside). 18 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Automatic Data Processing (ADP)?
The latest analyst rating for Automatic Data Processing (NASDAQ:ADP) was provided by TD Cowen, and Automatic Data Processing maintained their hold rating.
When was the last upgrade for Automatic Data Processing (ADP)?
The last upgrade for Automatic Data Processing Inc happened on January 17, 2024 when B of A Securities raised their price target to $243. B of A Securities previously had an underperform for Automatic Data Processing Inc.
When was the last downgrade for Automatic Data Processing (ADP)?
The last downgrade for Automatic Data Processing Inc happened on April 3, 2023 when B of A Securities changed their price target from $249 to $211 for Automatic Data Processing Inc.
When is the next analyst rating going to be posted or updated for Automatic Data Processing (ADP)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Automatic Data Processing, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Automatic Data Processing was filed on May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 2025.
Is the Analyst Rating Automatic Data Processing (ADP) correct?
While ratings are subjective and will change, the latest Automatic Data Processing (ADP) rating was a maintained with a price target of $253.00 to $251.00. The current price Automatic Data Processing (ADP) is trading at is $246.97, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.