Automatic Data Processing stock trades below its yearly high

Automatic Data Processing stock stood at USD 267.56 on Nasdaq on September 23, 2026, putting the shares 9.1 percent below their 52-week high of USD 294.35. The intraday change was negative 0.77 percent, while the company combines a fresh AWS expansion with quarterly earnings that exceeded consensus.

AWS expands ADP's AI platform

On September 8, 2026, Amazon Web Services and ADP announced an expanded strategic partnership that makes AWS ADP's strategic cloud provider. The agreement supports generative and agentic artificial intelligence tools for more than 1.1 million clients across 140 countries and territories.

The partnership also includes ADP Lyric HCM and a generative AI driven onboarding process that reduced certain critical steps by greater than 50 percent, according to the September 8 announcement. For the stock story, the key issue is execution: the deal expands the reach of ADP's cloud and AI infrastructure, but the announcement did not disclose financial terms.

Quarterly earnings beat estimates

In the latest quarterly results cited by MarketBeat, ADP reported EPS of USD 2.64 against a consensus estimate of USD 2.59. The USD 0.05 beat came with revenue of USD 5.47 billion, compared with USD 5.44 billion expected, while revenue increased 6.8 percent from the prior-year quarter.

The same report cited prior-year quarterly EPS of USD 2.26, so the latest USD 2.64 figure represented a USD 0.38 year-over-year increase. ADP's annual financial data also show fiscal 2026 revenue of USD 21.9474 billion, up from USD 20.5609 billion in fiscal 2025, while net income rose to USD 4.4135 billion from USD 4.0797 billion.

Consensus target stays near USD 274

According to MarketBeat, 12 brokerages held a consensus rating of Hold and an average 12-month price target of USD 273.50. The target stood USD 5.94 above the September 23 price, a gap of 2.2 percent.

Stock remains below yearly high

Automatic Data Processing stock was trading at USD 267.56 on Nasdaq on September 23, 2026, with a market capitalization of USD 106,954,787,737. The 52-week range was USD 188.16 to USD 294.35, placing the current quote closer to the yearly high than the yearly low despite the intraday decline.