Recent Analysts’ Ratings Changes for Adobe (ADBE)

A number of firms have modified their ratings and price targets on shares of Adobe (NASDAQ: ADBE) recently:

• 10/29/2025 – Adobe had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $405.00 price target on the stock.
• 10/29/2025 – Adobe had its “hold” rating reaffirmed by analysts at Cowen Inc.
• 10/29/2025 – Adobe was given a new $465.00 price target on by analysts at Barclays PLC. They now have an “overweight” rating on the stock.
• 10/26/2025 – Adobe was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 10/18/2025 – Adobe was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
• 10/8/2025 – Adobe had its “hold (c-)” rating reaffirmed by analysts at Weiss Ratings.
• 9/27/2025 – Adobe had its “hold (c-)” rating reaffirmed by analysts at Weiss Ratings.
• 9/24/2025 – Adobe was downgraded by analysts at Mizuho from a “strong-buy” rating to a “hold” rating.
• 9/24/2025 – Adobe was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating. They now have a $450.00 price target on the stock, down previously from $520.00.
• 9/12/2025 – Adobe had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $500.00 price target on the stock.
• 9/12/2025 – Adobe had its price target lowered by analysts at TD Cowen from $470.00 to $420.00. They now have a “hold” rating on the stock.
• 9/12/2025 – Adobe had its “market perform” rating reaffirmed by analysts at JMP Securities.
• 9/12/2025 – Adobe had its price target lowered by analysts at UBS Group AG from $400.00 to $375.00. They now have a “neutral” rating on the stock.
• 9/12/2025 – Adobe had its price target lowered by analysts at Evercore ISI from $475.00 to $450.00. They now have an “outperform” rating on the stock.
• 9/12/2025 – Adobe had its price target raised by analysts at Barclays PLC from $460.00 to $465.00. They now have an “overweight” rating on the stock.
• 9/12/2025 – Adobe had its price target lowered by analysts at BMO Capital Markets from $450.00 to $405.00. They now have an “outperform” rating on the stock.
• 9/12/2025 – Adobe had its price target lowered by analysts at Piper Sandler from $500.00 to $470.00. They now have an “overweight” rating on the stock.
• 9/11/2025 – Adobe had its price target lowered by analysts at Citigroup Inc. from $450.00 to $400.00. They now have a “neutral” rating on the stock.
• 9/9/2025 – Adobe had its price target lowered by analysts at Oppenheimer Holdings, Inc. from $500.00 to $460.00. They now have an “outperform” rating on the stock.
• 9/8/2025 – Adobe had its price target lowered by analysts at Royal Bank Of Canada from $480.00 to $430.00. They now have an “outperform” rating on the stock.
• 9/8/2025 – Adobe had its price target lowered by analysts at Mizuho from $530.00 to $460.00. They now have an “outperform” rating on the stock.

Insiders Place Their Bets

In other news, CAO Jillian Forusz sold 149 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $337.88, for a total value of $50,344.12. Following the transaction, the chief accounting officer owned 3,426 shares in the company, valued at approximately $1,157,576.88. This represents a 4.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.16% of the company’s stock.

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.