Adobe (NASDAQ:ADBE) Issues FY 2025 Earnings Guidance

Adobe (NASDAQ:ADBE - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 20.500-20.700 for the period, compared to the consensus estimate of 20.360. The company issued revenue guidance of $23.5 billion-$23.6 billion, compared to the consensus revenue estimate of $23.5 billion. Adobe also updated its Q3 2025 guidance to 5.150-5.200 EPS.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Oppenheimer lowered their price objective on shares of Adobe from $530.00 to $500.00 and set an "outperform" rating for the company in a research report on Friday. Wall Street Zen upgraded shares of Adobe from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Jefferies Financial Group lowered their price objective on shares of Adobe from $650.00 to $590.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Redburn Atlantic assumed coverage on shares of Adobe in a research report on Wednesday, February 19th. They set a "neutral" rating for the company. Finally, KeyCorp upgraded shares of Adobe from an "underweight" rating to a "sector weight" rating in a research report on Friday, March 21st. Nine equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $494.67.

Adobe Trading Down 5.3%

Shares of Adobe stock traded down $22.00 during trading on Friday, hitting $391.68. The company's stock had a trading volume of 10,618,205 shares, compared to its average volume of 3,381,385. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.07 and a quick ratio of 1.07. Adobe has a 52 week low of $332.01 and a 52 week high of $587.75. The stock has a market cap of $166.93 billion, a price-to-earnings ratio of 31.59, a price-to-earnings-growth ratio of 2.15 and a beta of 1.55. The stock has a 50-day moving average price of $386.76 and a two-hundred day moving average price of $421.08.

Adobe (NASDAQ:ADBE - Get Free Report) last issued its quarterly earnings data on Wednesday, March 12th. The software company reported $5.08 earnings per share for the quarter, topping the consensus estimate of $4.97 by $0.11. Adobe had a net margin of 25.85% and a return on equity of 45.87%. The company had revenue of $5.71 billion for the quarter, compared to analysts' expectations of $5.66 billion. During the same quarter in the previous year, the firm posted $4.48 earnings per share. Equities research analysts anticipate that Adobe will post 16.65 EPS for the current fiscal year.

Insider Buying and Selling

In other Adobe news, CFO Daniel Durn acquired 1,300 shares of Adobe stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average price of $390.58 per share, with a total value of $507,754.00. Following the completion of the purchase, the chief financial officer now directly owns 29,876 shares in the company, valued at $11,668,968.08. This trade represents a 4.55% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.16% of the stock is currently owned by insiders.

Institutional Trading of Adobe

An institutional investor recently raised its position in Adobe stock. Brighton Jones LLC raised its position in shares of Adobe Inc. (NASDAQ:ADBE - Free Report) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,068 shares of the software company's stock after acquiring an additional 167 shares during the quarter. Brighton Jones LLC's holdings in Adobe were worth $3,588,000 as of its most recent SEC filing. Institutional investors own 81.79% of the company's stock.

Adobe Company Profile

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.