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Automatic Data Processing Inc
NASDAQ:ADP

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Automatic Data Processing Inc
NASDAQ:ADP
Watchlist
Price: 245.78 USD -0.23%
Updated: Apr 26, 2024

Wall Street
Price Targets

ADP Price Targets Summary
Automatic Data Processing Inc

Wall Street analysts forecast ADP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ADP is 264.35 USD with a low forecast of 229.27 USD and a high forecast of 294 USD.

Lowest
Price Target
229.27 USD
7% Downside
Average
Price Target
264.35 USD
8% Upside
Highest
Price Target
294 USD
20% Upside

ADP Last Price Targets
Automatic Data Processing Inc

The latest public price target was made on Sep 5, 2023 by Ashish Sabadra from RBC Capital , who expects ADP stock to rise by 9% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Ashish Sabadra
RBC Capital
267 USD
Upside 9%
7 months ago
Sep 5, 2023
Analyst Applauds Automatic Data Processing's Strong Fundamentals, But Keeps An Eye On Macro Headwinds
Benzinga
Ashish Sabadra
RBC Capital
Price Target 267 USD
Upside/Downside 9%
View Source
Automatic Data Processing Inc Competitors:
Price Targets
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12% Downside
MMS
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29% Upside
MA
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13% Upside
6183
Bellsystem24 Holdings Inc
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RPAY
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19% Upside
CPU
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7% Upside

Revenue
Forecast

Revenue Estimate
Automatic Data Processing Inc

For the last 8 years the compound annual growth rate for Automatic Data Processing Inc's revenue is 6%. The projected CAGR for the next 3 years is 6%.

6%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Automatic Data Processing Inc

For the last 8 years the compound annual growth rate for Automatic Data Processing Inc's operating income is 11%. The projected CAGR for the next 3 years is 9%.

11%
Past Growth
9%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Automatic Data Processing Inc

For the last 8 years the compound annual growth rate for Automatic Data Processing Inc's net income is 11%. The projected CAGR for the next 3 years is 10%.

11%
Past Growth
10%
Estimated Growth
Estimates Accuracy
5%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ADP's stock price target?
Price Target
264.35 USD

According to Wall Street analysts, the average 1-year price target for ADP is 264.35 USD with a low forecast of 229.27 USD and a high forecast of 294 USD.

What is Automatic Data Processing Inc's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Automatic Data Processing Inc's revenue is 6%. The projected CAGR for the next 3 years is 6%.

What is Automatic Data Processing Inc's Operating Income forecast?
Projected CAGR
9%

For the last 8 years the compound annual growth rate for Automatic Data Processing Inc's operating income is 11%. The projected CAGR for the next 3 years is 9%.

What is Automatic Data Processing Inc's Net Income forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Automatic Data Processing Inc's net income is 11%. The projected CAGR for the next 3 years is 10%.