ADP expands Lyric HCM in Europe: BMO raised target for ADP stock

Published on 10/14/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue rose 7.00 percent to USD 21.90 billion. ADP stock costs EUR 246.38 on October 14, 2026 versus EUR 246.60 at Xetra.

Expansion and valuation markers

Lyric HCM became available in four European markets on October 6, 2026, with reach across 140 countries and territories.
Fiscal 2026 revenue rose 7.00 percent to USD 21.90 billion.
ADP stock trades at EUR 246.38 at 1:24 p.m. CEST at Lang & Schwarz on October 14, 2026, 0.09 percent below the Xetra close of October 13, 2026.
BMO Capital Markets raised its target from USD 248.00 to USD 305.00 on July 29, 2026.

Draufsicht auf Aktienzertifikat, ISIN US0530151036-Karte und Payroll-Utensilien — Flatlay mit Aktienzertifikat und ISIN Karte US0530151036 für Automatic Data Processing Gehaltsabrechnungs Utensilien, Illustration mit AI erstellt.

ADP (ISIN US0530151036) was trading at EUR 246.38 at Lang & Schwarz on October 14, 2026, at 1:24 p.m. CEST, 0.09 percent below the Xetra close of October 13, 2026 at EUR 246.60. On October 6, 2026, ADP made Lyric HCM available in France, the United Kingdom, the Netherlands and Germany, with deployment support for subsidiaries in 140 countries and territories. The latest product expansion gives the payroll and human capital management provider a concrete international growth angle while the stock remains below its October 13 Xetra reference.

European rollout adds four markets

Lyric HCM combines human resources, payroll and workforce management in one platform, according to ADP. The European availability covers four headquarters markets and extends the potential operating footprint to subsidiaries in 140 countries and territories, a scale that supports ADP's recurring payroll and compliance model.

What do the earnings figures show?

In fiscal 2026, revenue rose 7.00 percent to USD 21.90 billion and net earnings rose 8.00 percent to USD 4.40 billion, while adjusted EBIT margin reached 26.80 percent, according to Ticker Scout. The comparison matters because ADP's fiscal 2027 outlook calls for revenue growth of 5.00 to 6.00 percent and adjusted diluted earnings-per-share growth of 9.00 to 11.00 percent, leaving the new Lyric rollout as an operating initiative rather than a substitute for quantified guidance.

Three milestones shape ADP

ADP reported first-quarter fiscal 2026 revenue of USD 5.20 billion on October 29, 2025, second-quarter revenue of USD 5.40 billion on January 28, 2026, and then announced the four-market Lyric HCM rollout on October 6, 2026, with the figures and dates compiled from Ticker Scout and ADP. This sequence shows steady quarterly scale alongside a broader push into global workforce software.

Upcoming reporting and annual meeting

ADP scheduled first-quarter fiscal 2027 results for October 28, 2026, before the Nasdaq opens. The annual meeting is scheduled for November 11, 2026, according to Simply Wall St.

Stock trades below Xetra close

At 1:24 p.m. CEST on October 14, 2026, ADP stock was trading at EUR 246.38 at Lang & Schwarz, down EUR 0.22, or 0.09 percent, versus the Xetra close of October 13, 2026 at EUR 246.60. BMO Capital Markets had raised its target from USD 248.00 to USD 305.00 on July 29, 2026, while rating the stock Market Perform, according to The Stock Observer. The further course of trading is shown by the continuously updated real-time quote of ADP stock.