TSX open
Loading markets…

Advertisement

Stocks

Why ADP stock is sliding today

By Wealth Awesome -

Follow live quotes and coverage.

Stocks & ETFs:ADP.US

Follow ADP

Photos provided by Pexels

ADP's stock has taken a hit as market conditions weigh heavily on its performance.

Automatic Data Processing Inc (ADP) is experiencing a notable decline in its stock price, falling by 2.02% in today's session. This downturn comes amid mixed economic signals and disappointing job growth figures.

Investor takeaway: Investors should be cautious as ADP's recent job report misses expectations, raising concerns about the company's growth prospects in a challenging economic environment.

Advertisement

Automatic Data Processing Inc

ADP.US

Full stock page →

ADP.US

Automatic Data Processing Inc

Source:WealthAwesomeWealthAwesome
↑ $40.69 (18.72%)
73 day period
$213.24$249.44$285.65Jun 17Aug 10Sep 30

Market cap

$102.26B

P/E

23.6x

Div. yield

2.54%

Div. / share

$6.64

52W high

$286.17

52W low

$185.56

1W change

-2.13%

Beta

0.83

Analyst Price Targets

Based on 18 analysts covering ADP · as of Sep 17, 2026

📈

Wall Street analysts forecast ADP stock price to rise 11.4% over the next 12 months.

Consensus

Hold

3.28 / 5.00

Avg. Target

C$287.60

+11.4% Upside

Current Price

C$258.06

Last close

Analyst Breakdown (18 analysts)

Strong Buy 2
Buy 2
Hold 13
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$240.21C$273.57C$306.94C$340.31C$373.68TodayJun 17Aug 10Sep 30Nov 12Dec 26Feb 7

30-Day Vol

21.5%

Annualized

90-Day Vol

28.9%

Annualized

Trend (90d)

+23.5%

Annualized drift

90d Mean

C$280.62

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$265.37C$246.41 – C$285.79
60 trading daysC$272.89C$245.72 – C$303.05
90 trading daysC$280.62C$246.80 – C$319.07

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.

Advertisement

ADP's stock falls 2.02% amid weak job growth

ADP reported only 38,000 new private-sector jobs added in August, significantly below expectations and the lowest monthly gain since January.

Bull case

Despite today's decline, ADP has shown solid long-term gains and remains a leader in payroll and HR services. This could provide stability in the long run.

Bear case

The recent drop in stock price reflects worries about ADP's ability to maintain growth amidst slowing job creation and rising inflation pressures. This situation could lead to further declines.

Weak Job Growth Impacts ADP's Performance

Advertisement

ADP's stock slid today as the company reported only 38,000 new private-sector jobs added in August, falling short of the 45,000 jobs analysts had anticipated. This disappointing figure marks the lowest monthly gain in new jobs since January, raising concerns about the overall health of the labor market and ADP's growth prospects.

Economic Conditions Create Uncertainty

The broader economic landscape is also contributing to ADP's stock decline. Rising energy prices and geopolitical tensions have led to increased inflation pressures, complicating the economic environment. With the labor market showing signs of slowing down, investors are left questioning ADP's ability to maintain its growth trajectory in the coming months.

Valuation Concerns Amidst Market Volatility

ADP's current stock price is viewed as overvalued based on its intrinsic value estimates, with a recent analysis suggesting a premium of about 12.5%. As the market reacts to slower hiring trends and economic uncertainties, investors may find themselves reassessing their positions in ADP, leading to further stock price fluctuations.

Advertisement

Wealth Awesome
Written by

Wealth Awesome

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

View Full Profile →

✅ 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 8, 2026
Last Updated: September 28, 2026

Core portfolio

Awesome Portfolio™

15.1% a year since 2017, against 9.9% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+15.1%

Awesome Portfolio™

+9.9%

S&P/TSX

+5.2 pp better a year

Total return

+260%

Awesome Portfolio™

+137%

S&P/TSX

+123 pp better than the TSX

2017-07-31 to 2026-09-17, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-17
-11.7%42.8%97.2%151.6%206.0%260.4%Jul 17Oct 19Feb 22Jun 24Sep 26

Sponsored links

Advertisement