Automatic Data Processing Inc. (ADP) is seeing a significant rise in its stock price, thanks to positive market sentiment and solid fundamentals.
ADP's stock is up 2.33% today, closing at CA$270.16. This increase comes as investors show renewed interest in software companies, as noted in recent reports.
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Automatic Data Processing Inc
ADP.US
ADP.US
Automatic Data Processing Inc
WealthAwesomeMarket cap
$107.28B
P/E
24.7x
Div. yield
2.52%
Div. / share
$6.64
52W high
$286.17
52W low
$185.56
1W change
+2.56%
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 rise 5.8% over the next 12 months.
Consensus
Hold3.28 / 5.00
Avg. Target
C$286.40
+5.8% Upside
Previously C$287.60 on Oct 5, 2026
Current Price
C$270.73
Last close
Analyst Breakdown (18 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ADP's historical volatility
30-Day Vol
23.3%
Annualized
90-Day Vol
28.0%
Annualized
Trend (90d)
+40.4%
Annualized drift
90d Mean
C$312.76
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$284.07 | C$262.14 – C$307.84 |
| 60 trading days | C$298.07 | C$266.05 – C$333.95 |
| 90 trading days | C$312.76 | C$272.12 – C$359.47 |
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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Investor takeaway: Investors are recognizing ADP's unique position in the payroll and human resources software market, especially its ability to benefit from higher interest rates on client funds.
ADP's stock increases by 2.33% today
This rise gives ADP a market capitalization of about CA$104.61 billion and a P/E ratio of 24.13, indicating strong investor confidence in ADP's business model.
Bull case
ADP has strong retention rates and earns extra income from holding client payroll funds. This positions the company well for continued growth, particularly as interest rates stay high.
Bear case
However, there are concerns about a cooling labor market and competition from nimble new entrants, which could challenge ADP's growth moving forward.
Market Recovery Boosts ADP's Stock
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Recent improvements in investor sentiment towards software companies have helped ADP's stock performance. As the broader market recovers, ADP benefits from being a key player in the payroll and HR software sector, which is vital for many businesses.
Earnings Advantage from Interest Rates
ADP's business model allows it to earn interest on the billions of dollars in client payroll funds it temporarily holds. This advantage is especially important in a high-interest-rate environment, providing a buffer against potential downturns in the labor market.
Future Outlook and Challenges
While ADP's current performance is strong, challenges lie ahead. The cooling labor market and rising competition from newer, more agile firms could affect future growth. Investors should keep a close eye on these factors as they evaluate ADP's long-term prospects.
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