Adobe Inc. $ADBE Stock: Candriam S.C.A. Grows Stake

Candriam S.C.A. raised its stake in Adobe Inc. (NASDAQ:ADBE) by 29.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 191,608 shares of the software company’s stock after buying an additional 43,537 shares during the quarter. Candriam S.C.A.’s holdings in Adobe were worth $46,142,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Investment Research & Advisory Group Inc. grew its position in shares of Adobe by 185.7% during the 3rd quarter. Investment Research & Advisory Group Inc. now owns 100 shares of the software company’s stock worth $25,000 after buying an additional 65 shares during the period. Security National Bank of Sioux City Iowa IA bought a new stake in shares of Adobe in the 2nd quarter valued at about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Adobe in the 2nd quarter valued at about $28,000. Latitude Advisors LLC acquired a new stake in shares of Adobe in the 3rd quarter valued at approximately $29,000. Finally, North Point Portfolio Managers Corp OH acquired a new stake in shares of Adobe in the 3rd quarter valued at approximately $30,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe is bringing its CX Enterprise Coworker marketing agent to ChatGPT, Claude, Gemini, Microsoft Copilot and other platforms. The move could extend Adobe’s reach and help it compete as businesses adopt AI tools. Adobe brings CX Enterprise Coworker to major AI platforms
• Neutral Sentiment: Adobe is adjusting its strategy in response to AI-related risks. The strategic shift may help it adapt, though the articles do not establish whether it will translate into stronger growth or results. Adobe Stock: Buy or Sell?
• Negative Sentiment: Citi downgraded Adobe to Sell and set a $207 price target, citing the risk of a “hard reset” and a weaker fiscal 2027 outlook. The downgrade adds to concerns about Adobe’s growth trajectory; a related report says the stock is down 29% in 2026. Adobe Is Down 29% This Year. Time to Sell or Buy More?

Adobe Stock Down 2.9%

NASDAQ:ADBE opened at $239.30 on Friday. Adobe Inc. has a 1 year low of $190.12 and a 1 year high of $362.71. The stock has a 50-day moving average price of $251.24 and a two-hundred day moving average price of $249.62. The stock has a market cap of $93.14 billion, a price-to-earnings ratio of 13.35, a PEG ratio of 0.83 and a beta of 1.37. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.41.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Thursday, September 10th. The software company reported $6.13 EPS for the quarter, topping analysts’ consensus estimates of $6.08 by $0.05. Adobe had a return on equity of 65.65% and a net margin of 28.05%. The company had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.69 billion. During the same quarter last year, the firm posted $5.31 earnings per share. Adobe’s revenue was up 12.9% compared to the same quarter last year. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. As a group, equities analysts expect that Adobe Inc. will post 20.01 earnings per share for the current year.

Insider Transactions at Adobe

In related news, CEO Shantanu Narayen sold 50,500 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $249.57, for a total transaction of $12,603,285.00. Following the completion of the sale, the chief executive officer directly owned 238,724 shares of the company’s stock, valued at approximately $59,578,348.68. This represents a 17.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ADBE shares. Weiss Ratings raised shares of Adobe from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, September 1st. Evercore set a $250.00 price objective on shares of Adobe in a report on Friday, September 11th. Bank of America upped their target price on shares of Adobe from $190.00 to $220.00 and gave the company an “underperform” rating in a research note on Wednesday, August 19th. Mizuho set a $260.00 target price on shares of Adobe and gave the stock a “neutral” rating in a report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Adobe from $340.00 to $315.00 and set an “overweight” rating on the stock in a research report on Friday, September 11th. Nine equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and eight have issued a Sell rating to the company. According to MarketBeat.com, Adobe presently has a consensus rating of “Hold” and a consensus target price of $282.52.

Adobe Company Profile

Adobe Inc develops software and services for creating, managing and delivering digital content. Its products serve creative professionals, businesses, marketers and individual users around the world.

Adobe’s Digital Media offerings include Creative Cloud applications such as Photoshop, Illustrator, Premiere Pro and InDesign, along with Acrobat tools for creating, editing and signing PDF documents. The company also provides generative AI capabilities through Adobe Firefly and related features in its creative products.

Through its Digital Experience business, Adobe provides tools for managing digital marketing, customer experiences, analytics and commerce.