Automatic Data Processing stock forecast 2027–2031What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
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.
Analysts' 1-year price targets range from 248.00 to 340.00, with an average of 286.29.
| Buy | 3 | |
| Hold | 7 | |
| Sell | 2 |
12-month price target
| Highest target | 340.00 |
| Average target | 286.29 |
| Lowest target | 248.00 |
| Current price | 310.00 |
Automatic Data Processing price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Automatic Data Processing price target and rating?
How analysts rate Automatic Data Processing, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
3 of 12 firms rate it buy now, against 2 of 10 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
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.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 29 Oct 2026 | UBS Kevin McVeigh | — | 270.00 → 310.00 | +14.8% | 284.61 |
| 28 Oct 2026 | Jefferies | Reiterated · Underperform | 225.00 → 250.00 | +11.1% | 285.37 |
| 23 Oct 2026 | Guggenheim | Reiterated · Buy | 300.00 → 340.00 | +13.3% | 307.94 |
| 3 Aug 2026 | Cantor Fitzgerald | Reiterated · Overweight | 294.00 → 310.00 | +5.4% | 272.41 |
| 30 Jul 2026 | Morgan Stanley | Reiterated · Equal Weight | 240.00 → 286.00 | +19.2% | 273.37 |
| 30 Jul 2026 | Guggenheim | Reiterated · Buy | 300.00 | — | 273.37 |
| 29 Jul 2026 | Jefferies | — | 190.00 → 225.00 | +18.4% | 276.08 |
| 22 Jul 2026 | Cantor Fitzgerald Ramsey El-Assal | Reiterated · Overweight | 295.00 → 294.00 | -0.3% | 243.25 |
| 22 Jul 2026 | Cantor Fitzgerald | — | 244.00 → 295.00 | +20.9% | 246.22 |
| 22 Jul 2026 | UBS | Reiterated · Neutral | 290.00 → 270.00 | -6.9% | 246.22 |
| 9 Jul 2026 | Wells Fargo Jason Kupferberg | Reiterated · Equal Weight | 214.00 → 248.00 | +15.9% | 241.37 |
| 8 Jul 2026 | Stifel Nicolaus | Reiterated · Hold | 270.00 → 260.00 | -3.7% | 245.60 |
| 18 May 2026 | Wells Fargo | Upgraded · Underweight → Equal Weight | — | — | — |
| 10 May 2026 | Morgan Stanley | — | 274.00 → 240.00 | -12.4% | 213.00 |
| 5 May 2026 | Argus Research | Reiterated · Buy | 240.00 | — | 209.14 |
| 30 Apr 2026 | Robert W. Baird | — | 270.00 | — | 215.06 |
| 29 Apr 2026 | Jefferies | — | 230.00 → 190.00 | -17.4% | 215.06 |
| 21 Apr 2026 | Cantor Fitzgerald | Reiterated · Overweight | 306.00 → 244.00 | -20.3% | 204.24 |
| 27 Mar 2026 | Wells Fargo | Reiterated · Underweight | 262.00 → 214.00 | -18.3% | 201.25 |
| 9 Feb 2026 | Stifel Nicolaus David Grossman | Reiterated · Hold | 280.00 → 270.00 | -3.6% | 231.36 |
| 29 Jan 2026 | BMO Capital Daniel Jester | — | 288.00 → 281.00 | -2.4% | 249.06 |
| 29 Jan 2026 | Stifel Nicolaus David Grossman | Reiterated · Hold | 290.00 → 280.00 | -3.4% | 250.69 |
| 29 Jan 2026 | Morgan Stanley James Faucette | Reiterated · Equal Weight | 274.00 | — | 250.69 |
| 29 Jan 2026 | Wells Fargo | Reiterated · Underweight | 288.00 → 262.00 | -9.0% | 250.69 |
| 26 Jan 2026 | Cantor Fitzgerald | — | 306.00 | — | 258.17 |
| 16 Jan 2026 | BMO Capital Daniel Jester | — | 288.00 | — | 260.14 |
| 16 Dec 2025 | Jefferies Samad Samana | Downgraded · Hold → Underperform | 245.00 → 230.00 | -6.1% | 264.96 |
Automatic Data Processing EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
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
EPS
Does Automatic Data Processing beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
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 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +2.3%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q1 FY2027 | 28 Oct 2026 | 2.77 | 2.82 | +1.8% | 5.48B | 5.49B | +0.3% |
| Q4 FY2026 | 29 Jul 2026 | 2.59 | 2.64 | +1.9% | 5.44B | 5.47B | +0.7% |
| Q3 FY2026 | 29 Apr 2026 | 3.30 | 3.37 | +2.1% | 5.85B | 5.94B | +1.5% |
| Q2 FY2026 | 28 Jan 2026 | 2.57 | 2.62 | +1.9% | 5.34B | 5.36B | +0.4% |
| Q1 FY2026 | 29 Oct 2025 | 2.44 | 2.49 | +2.0% | 5.14B | 5.18B | +0.8% |
| Q4 FY2025 | 30 Jul 2025 | 2.23 | 2.26 | +1.3% | 5.04B | 5.13B | +1.6% |
| Q3 FY2025 | 30 Apr 2025 | 2.97 | 3.06 | +3.0% | 5.49B | 5.55B | +1.1% |
| Q2 FY2025 | 29 Jan 2025 | 2.30 | 2.35 | +2.2% | 4.97B | 5.05B | +1.6% |
| Q1 FY2025 | 30 Oct 2024 | 2.21 | 2.33 | +5.4% | 4.77B | 4.83B | +1.2% |
| Q4 FY2024 | 31 Jul 2024 | 2.06 | 2.09 | +1.5% | 4.74B | 4.77B | +0.6% |
| Q3 FY2024 | 1 May 2024 | 2.79 | 2.88 | +3.2% | 5.22B | 5.25B | +0.6% |
| Q2 FY2024 | 31 Jan 2024 | 2.10 | 2.13 | +1.4% | 4.66B | 4.67B | +0.2% |
Automatic Data Processing stock price 2027–2031: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
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.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 12.37 | 252.52 | 331.63 | 380.71 |
| FY2028 | 13.53 | 276.15 | 362.67 | 416.34 |
| FY2029 | 14.77 | 301.59 | 396.08 | 454.69 |
| FY2030 (extrapolated) | 16.24 | 331.54 | 435.41 | 499.85 |
| FY2031 (extrapolated) | 17.85 | 364.47 | 478.66 | 549.49 |
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?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
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.
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)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 27.41
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 30.13
- Five-year P/E range
- 18.1 – 39.0
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 25.06
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 2.76
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- -7.6%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.
