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Why ADP stock is gaining today

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:ADP.US

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ADP's stock is on the rise as it showcases strong fundamentals and strategic partnerships.

Automatic Data Processing Inc (NASDAQ:ADP) is gaining today, with shares up 1.11% to close at CA$268.17. This positive move comes amid solid earnings growth and new service offerings aimed at enhancing employee financial wellness.

Investor takeaway: Investors should consider ADP's robust market position and growth potential, especially with its recent strategic partnership to enhance retirement solutions for small and mid-sized businesses.

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Automatic Data Processing Inc

ADP.US

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ADP.US

Automatic Data Processing Inc

Source:WealthAwesomeWealthAwesome
↑ $92.49 (47.09%)
120 day period
$196.41$242.66$288.90Apr 28Jul 24Oct 16

Market cap

$114.48B

P/E

26.4x

Div. yield

2.32%

Div. / share

$6.64

52W high

$290.12

52W low

$185.56

1W change

+6.65%

Beta

0.84

Analyst Price Targets

Based on 18 analysts covering ADP · as of Oct 7, 2026

📉

Wall Street analysts forecast ADP stock price to fall 0.9% over the next 12 months.

Consensus

Hold

3.28 / 5.00

Avg. Target

C$286.40

-0.9% Upside

Previously C$287.60 on Oct 5, 2026

Current Price

C$288.90

Last close

Analyst Breakdown (18 analysts)

Strong Buy 4
Hold 12
Sell 1
Strong Sell 1
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ADP's historical volatility

HistoricalForecast68%95%
C$206.84C$260.38C$313.92C$367.45C$420.99C$474.53TodayJun 10Aug 14Oct 16Nov 28Jan 11Feb 23

30-Day Vol

24.1%

Annualized

90-Day Vol

27.9%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$345.38

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$306.62C$282.15 – C$333.21
60 trading daysC$325.42C$289.31 – C$366.04
90 trading daysC$345.38C$299.05 – C$398.90

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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1.11% Increase in Stock Price

ADP's stock price increase reflects investor confidence in its growth strategy and market position.

Bull case

ADP has shown consistent revenue growth and strong profit margins. Its new integrated retirement solutions position the company well for future expansion. The firm has achieved a solid 7.9% annual revenue growth over the last five years, demonstrating that its offerings effectively tackle complex business challenges.

Bear case

Despite its strengths, ADP faces challenges in a competitive market where innovation is key. If the company struggles to keep up with technological advancements or encounters economic headwinds, its growth could be affected.

Solid Revenue Growth

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ADP has maintained a steady revenue growth rate of 7.9% annually over the past five years, indicating strong demand for its cloud-based human capital management solutions. This growth shows the company's ability to effectively address complex business issues.

Strategic Partnerships Enhance Offerings

The recent launch of a comprehensive retirement solution in partnership with Edelman Financial Engines highlights ADP's commitment to expanding its service offerings. This initiative aims to provide small and mid-sized businesses with access to high-quality financial advice, further solidifying ADP's position in the market.

Market Confidence and Future Outlook

With a market capitalization of about $105.4 billion and a profit margin of 20.11%, ADP is well-positioned for future growth. Investors are optimistic about the company's ability to leverage its market dominance and innovative solutions to drive continued success.

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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 10, 2026
Last Updated: September 23, 2026

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