ADP

Automatic Data Processing
D

ADP

Arincen80/100B

Automatic Data Processing stock forecast 2027–2031

Analysts' average 12-month price target for Automatic Data Processing is 286.29, 7.6% below the current price of 310.00. Their targets range from 248.00 to 340.00.

Of the 12 firms that rated Automatic Data Processing in the past 12 months, 3 rate it buy or strong buy, 7 hold and 2 sell or strong sell (each firm at its latest rating): a Hold consensus.

12-month price target
286.29 USD
-7.65%

Analysts' 1-year price targets range from 248.00 to 340.00, with an average of 286.29.

Past year
1-year forecast
Strong sellStrong buy
Hold
12 ratings
Buy
3
Hold
7
Sell
2

12-month price target

Highest target340.00
Average target286.29
Lowest target248.00
Current price310.00

Automatic Data Processing price target history

Have analysts recently raised or lowered their Automatic Data Processing price target and rating?

See how analysts moved their price target

How analysts rate Automatic Data Processing, month by month

3 of 12 firms rate it buy now, against 2 of 10 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 202637212
Oct 202637212
Sept 202636211
Aug 202636211
Jul 202636211
Jun 202626210
May 202637212
Apr 202627312
Mar 202616310
Feb 202616310
Jan 202626311
Dec 202525310

Automatic Data Processing analyst upgrades, downgrades and price targets

The latest rating change came on 18 May 2026, when Wells Fargo upgraded Automatic Data Processing from Underweight to Equal Weight. The most recent new target came from UBS on 29 October 2026: 310.00.

DateFirmRatingPrice targetChangePrice then
29 Oct 2026
UBS
Kevin McVeigh
—270.00 → 310.00+14.8%284.61
28 Oct 2026
Jefferies
Reiterated · Underperform225.00 → 250.00+11.1%285.37

Automatic Data Processing EPS and revenue estimates

Analysts expect Automatic Data Processing's EPS to grow 10.5% a year until 2029, about as fast as over the last 5 years (12.5% a year) and the last 3 years (10.1%).

Analysts expect Automatic Data Processing's revenue to grow 5.7% a year until 2029, about as fast as over the last 5 years (7.9% a year) and the last 3 years (6.8%).

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2029 (est.) 14.77+9.2%14.06 – 15.08 25.95B+5.4%25.73B – 26.25B6
FY2028 (est.) 13.53+9.4%13.42 – 13.63 24.61B+5.7%24.47B – 24.72B11
FY2027 (est.) 12.37+11.2%12.34 – 12.41 23.28B+6.1%23.22B – 23.33B11
FY2026 11.12+11.2%— 21.95B+6.7%——
FY2025 10.00+8.9%— 20.56B+7.1%——
FY2024 9.18+11.5%— 19.20B+8.6%——
FY2023 8.23—— 17.68B———

Does Automatic Data Processing beat earnings estimates?

On average, analysts' EPS estimate was 2.3% off the result, either way, and their revenue estimate 0.9%, over the last 12 quarters.

EPS beats
74 / 136
Revenue beats
62 / 120
Average EPS surprise, last 12
+2.3%
Since
January 1993
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q1 FY202728 Oct 20262.772.82+1.8%5.48B5.49B+0.3%
Q4 FY202629 Jul 20262.592.64+1.9%5.44B5.47B+0.7%
Q3 FY202629 Apr 20263.303.37+2.1%5.85B5.94B+1.5%
Q2 FY202628 Jan 20262.572.62+1.9%5.34B5.36B+0.4%
Q1 FY202629 Oct 20252.442.49+2.0%5.14B5.18B+0.8%
Q4 FY202530 Jul 20252.232.26+1.3%5.04B5.13B+1.6%
Q3 FY202530 Apr 20252.973.06+3.0%5.49B5.55B+1.1%
Q2 FY202529 Jan 20252.302.35+2.2%4.97B5.05B+1.6%
Q1 FY202530 Oct 20242.212.33+5.4%4.77B4.83B+1.2%
Q4 FY202431 Jul 20242.062.09+1.5%4.74B4.77B+0.6%
Q3 FY20241 May 20242.792.88+3.2%5.22B5.25B+0.6%
Q2 FY202431 Jan 20242.102.13+1.4%4.66B4.67B+0.2%

Automatic Data Processing stock price 2027–2031: scenarios

If Automatic Data Processing's earnings keep growing at the 9.9% a year analysts expect to FY2029, it would earn about 17.85 a share in FY2031. At the P/E it has traded at over the last five years (20.4 to 30.8) that is 364.47 to 549.49 a share, or 478.66 at its average P/E of 26.8. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2027 12.37252.52331.63380.71
FY2028 13.53276.15362.67416.34
FY2029 14.77301.59396.08454.69
FY2030 (extrapolated)16.24331.54435.41499.85
FY2031 (extrapolated)17.85364.47478.66549.49

Each year's EPS is the analysts' consensus to FY2029; the years after grow 9.9% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (20.4, 26.8, 30.8).

Is Automatic Data Processing stock undervalued or overvalued?

Automatic Data Processing's P/E of 27.4 is below the middle of its 5-year range (18.1 to 39.0, median 30.1). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay about the usual price for each point of growth: a PEG of 2.6 on expected growth against 2.4 on its median P/E and past five years' growth. At its usual P/E (30.1 × EPS of 11.31), Automatic Data Processing's fair value is 340.77; the price, 310.00, is ⁦9.0%⁩ below it. Its forward P/E, on the consensus for FY2027, is 25.1.

The price against its fair value
Fair value 340.77Price 310.00204.48441.62

Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (18.1 and 39.0). The price against its P/E range

Price to earnings ratio (TTM)
27.41
Five-year median P/E
30.13
Five-year P/E range
18.1 – 39.0
Forward P/E (FY2027)
25.06
PEG ratio
2.76
To the average target
-7.6%
See the full P/E history check Plus

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Common questions about the Automatic Data Processing stock forecast