Adobe (NASDAQ:ADBE) Releases Q3 2025 Earnings Guidance

Adobe (NASDAQ:ADBE - Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.150-5.200 for the period, compared to the consensus EPS estimate of 5.100. The company issued revenue guidance of $5.9 billion-$5.9 billion, compared to the consensus revenue estimate of $5.9 billion. Adobe also updated its FY 2025 guidance to 20.500-20.700 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Wall Street Zen raised Adobe from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Oppenheimer decreased their price target on shares of Adobe from $530.00 to $500.00 and set an "outperform" rating on the stock in a research note on Friday. Citigroup raised their price target on shares of Adobe from $430.00 to $465.00 and gave the stock a "neutral" rating in a research report on Tuesday, June 10th. Bank of America boosted their price objective on shares of Adobe from $424.00 to $475.00 and gave the company a "buy" rating in a report on Friday. Finally, Morgan Stanley lowered their target price on shares of Adobe from $600.00 to $510.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Nine research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $494.67.

Adobe Stock Down 5.3%

ADBE traded down $22.00 during mid-day trading on Friday, reaching $391.68. 10,618,205 shares of the stock were exchanged, compared to its average volume of 3,381,385. Adobe has a 1 year low of $332.01 and a 1 year high of $587.75. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.07 and a current ratio of 1.07. The company has a 50 day moving average price of $386.76 and a two-hundred day moving average price of $421.08. The stock has a market capitalization of $166.93 billion, a PE ratio of 31.59, a price-to-earnings-growth ratio of 2.15 and a beta of 1.55.

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

Insider Buying and Selling at Adobe

In other news, CFO Daniel Durn acquired 1,300 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was bought at an average price of $390.58 per share, with a total value of $507,754.00. Following the acquisition, the chief financial officer now owns 29,876 shares in the company, valued at $11,668,968.08. The trade was a 4.55% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.16% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Adobe stock. Brighton Jones LLC grew its holdings in shares of Adobe Inc. (NASDAQ:ADBE - Free Report) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing 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 at the end of the most recent quarter. Institutional investors own 81.79% of the company's stock.

About Adobe

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.