Automatic Data Processing, Inc. (ADP) is a global HCM provider with a market cap of $102.3 billion. It offers payroll processing, tax administration, benefits management, and more. ADP will announce its Q2 results with analysts expecting $2.58 per share profit, up 9.8% from last year. FY2026 EPS expected at $10.93, FY2027 at $11.95.

ADP stock prices have dropped 9.4% in the past year, underperforming XLK and S&P 500. The company’s defensive, slower-growth nature has caused it to lag behind higher-beta, faster-growing tech stocks. Analysts maintain a “Hold” rating on ADP, with a mean price target of $290.93, suggesting an 11.4% upside potential.

Read more at Yahoo Finance: What You Need to Know Ahead of Automatic Data Processing’s Earnings Release