Adobe Inc. (NASDAQ:ADBE) Stock Has Average Target Price of $282.52 According to Analysts

Shares of Adobe Inc. (NASDAQ:ADBE) have been given a consensus rating of “Hold” by the thirty-six analysts that are covering the stock, Marketbeat reports. Eight investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and nine have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $282.52.

Several research firms have recently weighed in on ADBE. DA Davidson increased their price target on shares of Adobe from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Monday, September 14th. Morgan Stanley restated an “underweight” rating on shares of Adobe in a report on Friday, September 11th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $315.00 price target on shares of Adobe in a research report on Wednesday. Robert W. Baird upped their price objective on Adobe from $230.00 to $250.00 and gave the company a “neutral” rating in a report on Friday, September 11th. Finally, Citizens Jmp reiterated a “market perform” rating on shares of Adobe in a report on Friday, September 11th.

Recent Adobe Headlines

These are some of the ADBE headlines that stood out recently:

• Positive Sentiment: Adobe and Disney are partnering to develop artist-led generative AI models for storytelling. The tie-up could extend Adobe’s AI tools into major creative and entertainment workflows, while Disney’s involvement may help address the importance of artist participation and trusted content. Disney and Adobe Partner on Artist-Led Generative AI Models
• Positive Sentiment: Adobe unveiled new AI capabilities across its creative products, including ways for AI agents to interact with Photoshop and other tools. These features could make its software more useful and help defend its position as creative workflows evolve. Adobe makes major change creators will notice as Citi flags ‘hard reset’
• Neutral Sentiment: Adobe is also testing personalized web-page experiences and has forecast record U.S. online holiday spending. The developments point to opportunities in digital marketing and commerce, but the articles do not establish how much they may add to Adobe’s near-term results. Adobe is testing a tool that tailors web pages to individual visitors

Adobe Trading Up 1.9%

Shares of ADBE traded up $4.54 during mid-day trading on Friday, reaching $243.08. The stock had a trading volume of 2,436,180 shares, compared to its average volume of 3,993,223. Adobe has a 52-week low of $190.12 and a 52-week high of $362.71. The firm has a market cap of $94.61 billion, a price-to-earnings ratio of 13.56, a P/E/G ratio of 0.83 and a beta of 1.37. The business’s fifty day moving average is $246.39 and its 200 day moving average is $248.10. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77.

Adobe (NASDAQ:ADBE) last issued its 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 net margin of 28.05% and a return on equity of 65.65%. The company had revenue of $6.76 billion for the quarter, compared to the consensus estimate of $6.69 billion. During the same period in the previous year, the firm earned $5.31 earnings per share. Adobe’s quarterly 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. On average, sell-side analysts predict that Adobe will post 20.01 EPS for the current fiscal year.

Insider Transactions at Adobe

In other Adobe news, CEO Shantanu Narayen sold 50,500 shares of the firm’s stock in a transaction 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 owned 238,724 shares of the company’s stock, valued at $59,578,348.68. This trade represents a 17.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Adobe

Several large investors have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in shares of Adobe during the second quarter valued at about $8,437,821,000. Primecap Management Co. CA purchased a new stake in shares of Adobe in the 2nd quarter valued at approximately $1,071,668,000. Bank of New York Mellon Corp purchased a new stake in shares of Adobe in the 2nd quarter valued at approximately $954,468,000. Deutsche Bank AG purchased a new stake in shares of Adobe in the 2nd quarter valued at approximately $750,203,000. Finally, Legal & General Group Plc acquired a new position in shares of Adobe in the 2nd quarter worth approximately $653,307,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

About Adobe

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.