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

Key Points

• Analysts have a consensus “Hold” rating on Adobe: 19 of 36 covering brokerages rate it Hold, while 9 say Buy and 8 say Sell. The average 12-month price target is $282.52.
• Adobe’s latest quarterly results beat expectations, with adjusted earnings of $6.13 per share versus $6.08 forecast and revenue of $6.76 billion versus $6.69 billion expected; revenue grew 12.9% year over year.
• Adobe is rolling out AI features that could strengthen its creative products, but analysts have flagged uncertainty about how quickly these initiatives will generate business results amid potential disruption.

Adobe Inc. (NASDAQ:ADBE - Get Free Report) has been assigned an average rating of "Hold" from the thirty-six brokerages that are covering the company, MarketBeat.com reports. Eight equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $282.52.

Several research analysts recently commented on ADBE shares. Piper Sandler increased their price objective on Adobe from $240.00 to $250.00 and gave the company a "neutral" rating in a research note on Friday, September 11th. BTIG Research restated a "neutral" rating on shares of Adobe in a report on Friday, September 11th. CLSA started coverage on shares of Adobe in a research note on Monday, July 20th. They set an "outperform" rating and a $300.00 target price on the stock. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $315.00 target price on shares of Adobe in a research note on Wednesday. Finally, Jefferies Financial Group dropped their target price on shares of Adobe from $285.00 to $275.00 and set a "hold" rating for the company in a report on Friday, September 11th.

Insiders Place Their Bets

In related news, CEO Shantanu Narayen sold 74,500 shares of the business's stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $251.56, for a total transaction of $18,741,220.00. Following the transaction, the chief executive officer directly owned 289,224 shares in the company, valued at approximately $72,757,189.44. The trade was a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.20% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ADBE. BlackRock Inc. acquired a new stake in shares of Adobe in the second quarter valued at approximately $8,437,821,000. Arrowstreet Capital Limited Partnership boosted its stake in Adobe by 9.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 6,792,275 shares of the software company's stock worth $1,651,066,000 after buying an additional 563,772 shares during the last quarter. Amundi boosted its stake in Adobe by 11.0% during the second quarter. Amundi now owns 5,242,464 shares of the software company's stock worth $1,074,810,000 after buying an additional 518,362 shares during the last quarter. Primecap Management Co. CA acquired a new position in Adobe during the second quarter worth $1,071,668,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Adobe by 0.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,045,547 shares of the software company's stock valued at $1,034,438,000 after buying an additional 18,995 shares in the last quarter. 81.79% of the stock is owned by hedge funds and other institutional investors.

Adobe Price Performance

ADBE stock traded up $4.54 during trading on Friday, hitting $243.08. The stock had a trading volume of 2,436,180 shares, compared to its average volume of 3,993,223. 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 has a twelve month low of $190.12 and a twelve month high of $362.71. The stock has a market capitalization of $94.61 billion, a P/E ratio of 13.56, a PEG ratio of 0.83 and a beta of 1.37. The company's 50-day moving average price is $246.39 and its two-hundred day moving average price is $248.10.

Adobe (NASDAQ:ADBE - Get Free Report) last posted its quarterly earnings data on Thursday, September 10th. The software company reported $6.13 EPS for the quarter, topping the consensus estimate of $6.08 by $0.05. The company had revenue of $6.76 billion during the quarter, compared to analyst estimates of $6.69 billion. Adobe had a return on equity of 65.65% and a net margin of 28.05%. Adobe's quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the business earned $5.31 EPS. 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, research analysts predict that Adobe will post 20.01 EPS for the current fiscal year.

Key Stories Impacting Adobe

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

• 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
• Negative Sentiment: Citi has described Adobe’s move to open flagship apps to outside AI agents as a “hard reset,” with concern that the business payoff could take time. That leaves uncertainty over whether new AI features can translate into near-term growth and offset competitive or business-model disruption. Adobe makes major change creators will notice as Citi flags ‘hard reset’

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.

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