ADP

AI Research

$6B Buyback Authorized + AI Agent Marketplace Launched → Stock Near 52-Week Low With 23% Upside

Automatic Data Processing authorized a $6 billion stock repurchase program while launching a curated AI agent marketplace on March 2, enabling employers to deploy partner-built AI agents that integrate with ADP and automate multistep HR workflows. ADP posted 63,000 new private-sector jobs in February, the highest since July of the prior year, demonstrating the strength of its payroll data as an economic leading indicator. The stock trades at $208.52, near the bottom of its 52-week range with a 7.8% annual revenue growth rate and 21.5% free cash flow margin, with analysts projecting 23.3% upside but the stock is below its 200-day moving average.