Adobe Inc. (NASDAQ:ADBE) Receives $417.93 Consensus Price Target from Brokerages

Adobe Inc. (NASDAQ:ADBEGet Free Report) has been given an average rating of “Hold” by the twenty-nine research firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $417.9259.

A number of equities analysts have weighed in on the company. DA Davidson reissued a “buy” rating and issued a $500.00 target price on shares of Adobe in a research report on Thursday, December 11th. Stifel Nicolaus lowered their target price on Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a report on Tuesday, December 9th. Citigroup boosted their price objective on shares of Adobe from $366.00 to $387.00 and gave the company a “neutral” rating in a research report on Wednesday, December 17th. Piper Sandler reduced their target price on shares of Adobe from $500.00 to $470.00 and set an “overweight” rating for the company in a report on Friday, September 12th. Finally, Redburn Partners set a $280.00 price target on Adobe in a report on Monday, September 1st.

Check Out Our Latest Research Report on ADBE

Insider Activity at Adobe

In other news, CAO Jillian Forusz sold 149 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $337.88, for a total transaction of $50,344.12. Following the completion of the transaction, the chief accounting officer owned 3,426 shares in the company, valued at $1,157,576.88. This trade represents a 4.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.16% of the stock is owned by company insiders.

Institutional Trading of Adobe

Hedge funds have recently modified their holdings of the company. 1248 Management LLC bought a new stake in Adobe in the first quarter worth $25,000. Measured Wealth Private Client Group LLC purchased a new position in Adobe in the third quarter worth about $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in Adobe during the third quarter worth approximately $27,000. LSV Asset Management raised its position in Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after purchasing an additional 56 shares during the period. Finally, Caitlin John LLC bought a new stake in shares of Adobe in the 3rd quarter valued at approximately $28,000. 81.79% of the stock is owned by hedge funds and other institutional investors.

Adobe Price Performance

Shares of ADBE opened at $353.16 on Thursday. Adobe has a twelve month low of $311.58 and a twelve month high of $465.70. The company has a market capitalization of $147.83 billion, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 1.39 and a beta of 1.54. The firm has a 50 day moving average of $338.96 and a 200 day moving average of $352.45. The company has a quick ratio of 1.02, a current ratio of 1.00 and a debt-to-equity ratio of 0.53.

Adobe (NASDAQ:ADBEGet Free Report) last issued its earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating the consensus estimate of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The business had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the business posted $4.81 EPS. The company’s revenue was up 10.5% compared to the same quarter last year. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. As a group, equities research analysts anticipate that Adobe will post 16.65 earnings per share for the current fiscal year.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

Adobe Company Profile

(Get Free Report)

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.

Recommended Stories

Analyst Recommendations for Adobe (NASDAQ:ADBE)

Receive News & Ratings for Adobe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adobe and related companies with MarketBeat.com's FREE daily email newsletter.