Job Growth and Pay Increase: Private sector employment rose by 54,000 jobs in August 2025, with a year-over-year pay increase of 4.4% for job-stayers and 7.1% for job-changers, according to the ADP National Employment Report.
Sector and Regional Performance: The leisure and hospitality sector saw significant job growth, while construction also performed well; however, there was a broader slowdown in hiring across various industries and regions.
ADP
$262.17+Infinity%1D
Analyst Views on ADP
Wall Street analysts forecast ADP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ADP is 293.58 USD with a low forecast of 245.00 USD and a high forecast of 332.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast ADP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ADP is 293.58 USD with a low forecast of 245.00 USD and a high forecast of 332.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
9 Hold
2 Sell
Hold
Current: 264.950
Low
245.00
Averages
293.58
High
332.00
Current: 264.950
Low
245.00
Averages
293.58
High
332.00
Jefferies
Samad Samana
Hold -> Underperform
downgrade
$245 -> $230
2025-12-15
New
Reason
Jefferies
Samad Samana
Price Target
$245 -> $230
2025-12-15
New
downgrade
Hold -> Underperform
Reason
Jefferies analyst Samad Samana downgraded ADP to Underperform from Hold with a price target of $230, down from $245. The firm "thinks highly" of the company's management, but ADP's fundamental outlook appears "shaky" as market saturation, more scaled competitors, and declining interest rates are seen as headwinds to growth in 2025, the analyst tells investors in a research note. Challenges will increase, and ADP's medium-term targets are seen as "difficult to achieve", the firm added.
Bernstein
Market Perform
to
Underperform
downgrade
€119
2025-12-15
New
Reason
Bernstein
Price Target
€119
2025-12-15
New
downgrade
Market Perform
to
Underperform
Reason
Bernstein downgraded Aeroports de Paris to Underperform from Market Perform with a EUR 119 price target. Following the stock's recent rally, the company's margin for error is "narrowing as execution risks mount," the analyst tells investors in a research note.
Morgan Stanley
NULL -> Overweight
maintain
2025-12-10
Reason
Morgan Stanley
Price Target
2025-12-10
maintain
NULL -> Overweight
Reason
Morgan Stanley raised the firm's price target on Aeroports de Paris to EUR 140 from EUR 139 and keeps an Overweight rating on the shares.
JPMorgan
Overweight -> Neutral
downgrade
2025-12-03
Reason
JPMorgan
Price Target
2025-12-03
downgrade
Overweight -> Neutral
Reason
JPMorgan downgraded Aeroports de Paris to Neutral from Overweight with a price target of EUR 132, up from EUR 128. The firm says the stock's catalysts have played out while the company's capex is likely to increase.
About ADP
Automatic Data Processing, Inc. is a provider of cloud-based human capital management (HCM) solutions. Its segments include Employer Services and Professional Employer Organization (PEO). Its Employer Services segment serves clients ranging from single-employee small businesses to large enterprises with tens of thousands of employees around the world, offering a range of technology-based HCM solutions, including its cloud-based platforms, and human resource outsourcing (HRO) (other than PEO) solutions. Its offerings include Payroll Services, Benefits Administration, Talent Management, HR Management, Workforce Management, Compliance Services, Insurance Services and Retirement Services. Its PEO business, called ADP TotalSource, provides clients with guidance, technology, comprehensive employee benefits, risk management, safety, and workers’ compensation program. Its compensation management software supports the compensation planning needs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.