Automatic Data Processing, Inc. (NASDAQ:ADP) is one of the
12 Oversold Blue Chip Stocks to Buy According to Analysts.
On April 13, 2026, UBS analyst Kevin McVeigh lowered the price target on Automatic Data Processing, Inc. (NASDAQ:ADP) to $210 from $220 previously and maintained a Neutral rating on the shares.
On April 7, 2026, BMO Capital analyst Daniel Jester lowered the firm’s price target on Automatic Data Processing, Inc. (NASDAQ:ADP) to $234 from $281 and kept a Market Perform rating as part of a broader Q1 preview for human capital management. Daniel Jester said shares have been under pressure ahead of Q3 results, reflecting both cyclical and structural growth concerns, and while modest upside is expected, it may not be sufficient to ease near-term caution based on intra-quarter data, Paychex read-throughs, and industry checks.
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Last month, Guggenheim initiated coverage on Automatic Data Processing, Inc. (NASDAQ:ADP) with a Buy rating and a $270 price target. The firm said the stock’s underperformance relative to the S&P 500 has been driven by concerns that AI could reduce workforce demand and impact seat-based software models, but added that ADP has shown relative resilience and that it may be premature to materially discount long-term value for a diversified platform.
Automatic Data Processing, Inc. (NASDAQ:ADP) provides cloud-based human capital management solutions globally.
While we acknowledge the potential of ADP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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