Automatic Data Processing, Inc. (NASDAQ:ADP) is listed as one of the Profitable SaaS Companies for 2026. Wall Street has mixed opinions on ADP following its fiscal Q2 2026 results, released on January 28. Despite exceeding estimates, ADP’s stock rating was downgraded by analysts. Revenue was $5.36 billion, a 6.16% year-over-year increase, beating expectations by $21 million. EPS was $2.62, $0.05 higher than estimates. Stifel Nicolaus analysts see value in ADP despite the reduced price target, citing strong business bookings growth and strategic progress. ADP provides cloud-based human capital management solutions, specializing in payroll processing and HR outsourcing.

Read more at Yahoo Finance: Here’s What the Street Thinks About Automatic Data Processing (ADP)