Adobe Inc. (NASDAQ:ADBE) Receives $272.80 Average PT from Analysts

Adobe Inc. (NASDAQ:ADBE) has been given an average recommendation of “Hold” by the thirty-three research firms that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $278.72.

Several brokerages have issued reports on ADBE. BMO Capital Markets dropped their target price on Adobe from $285.00 to $230.00 and set a “market perform” rating for the company in a research report on Friday, June 12th. Morgan Stanley downgraded Adobe from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $365.00 to $240.00 in a report on Tuesday, July 21st. Weiss Ratings raised Adobe from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, September 1st. KeyCorp dropped their price objective on Adobe from $235.00 to $195.00 and set an “underweight” rating for the company in a report on Friday, June 12th. Finally, Wall Street Zen raised Adobe from a “hold” rating to a “buy” rating in a research report on Saturday.

Insiders Place Their Bets

In related news, Director David A. Ricks acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was bought at an average price of $194.51 per share, for a total transaction of $1,945,100.00. Following the acquisition, the director directly owned 17,655 shares of the company’s stock, valued at $3,434,074.05. This represents a 130.63% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Jillian Forusz sold 416 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total transaction of $109,961.28. Following the completion of the sale, the chief accounting officer directly owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. This trade represents a 9.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.20% of the stock is currently owned by insiders.

Institutional Trading of Adobe

Several institutional investors and hedge funds have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC bought a new stake in Adobe during the 3rd quarter valued at $26,000. Western Pacific Wealth Management LP bought a new position in shares of Adobe during the 4th quarter worth $26,000. TrustBank purchased a new position in shares of Adobe during the fourth quarter valued at $28,000. Lloyd Advisory Services LLC. purchased a new position in shares of Adobe during the fourth quarter valued at $31,000. Finally, Sankala Group LLC bought a new stake in shares of Adobe in the fourth quarter valued at about $31,000. Institutional investors own 81.79% of the company’s stock.

Adobe Stock Performance

Shares of ADBE opened at $266.51 on Tuesday. The company’s fifty day simple moving average is $250.39 and its 200-day simple moving average is $245.73. The company has a market cap of $105.94 billion, a P/E ratio of 15.25, a P/E/G ratio of 0.93 and a beta of 1.42. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. Adobe has a twelve month low of $190.12 and a twelve month high of $370.86.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Thursday, June 11th. The software company reported $5.96 EPS for the quarter, topping analysts’ consensus estimates of $5.82 by $0.14. Adobe had a net margin of 28.69% and a return on equity of 65.11%. The firm had revenue of $6.62 billion during the quarter, compared to analysts’ expectations of $6.45 billion. During the same period in the previous year, the company earned $5.06 EPS. The firm’s revenue for the quarter was up 12.7% compared to the same quarter last year. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. As a group, analysts expect that Adobe will post 19.81 EPS for the current year.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: RBC Capital maintained an Outperform rating and raised its price target to $315, citing expectations for an in-line third quarter and the importance of renewed annual recurring-revenue growth. The target implies meaningful upside from recent trading levels. RBC sets $315 target article
• Positive Sentiment: Adobe’s recent rally is being supported by strong fundamentals: second-quarter revenue reached roughly $6.6 billion, up 12.7% year over year, while AI-first ARR more than tripled to above $500 million. Investors will look for further evidence of monetization in Thursday’s results. Adobe Q3 earnings preview
• Positive Sentiment: Bank of America reportedly views Adobe more favorably than Oracle ahead of earnings, adding a positive relative-investment case for the software company. BofA Adobe versus Oracle analysis
• Neutral Sentiment: Adobe named Anil Chakravarthy president and CEO effective December 1, while longtime CEO Shantanu Narayen becomes executive chair. The transition could sharpen the company’s AI strategy, but investors will closely evaluate execution under the new leadership. Adobe CEO succession article
• Negative Sentiment: Analyst sentiment remains divided ahead of earnings. Several recent calls are Holds or Sells, and concerns include Adobe’s roughly 20% year-to-date decline, an open CFO search and uncertainty over whether AI growth can offset competitive pressure. Adobe analyst earnings preview
• Negative Sentiment: Retail investors and hedge funds appear sharply split, while reported insider activity shows six open-market sales and no purchases over the past six months. That divergence may reinforce concerns about near-term confidence in the stock. Adobe investor sentiment article

Adobe Company Profile

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.