Adobe (ADBE) Stock Forecast & Price Target

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$474.45

-1.77 (-0.37%)

(As of 04/17/2024 ET)

Adobe Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 27 Analyst Ratings

Analysts' Consensus Price Target

$620.72
30.83% Upside

High Forecast	$730.00
Average Forecast	$620.72
Low Forecast	$445.00

Type	Current Forecast 4/19/23 to 4/18/24	1 Month Ago 3/20/23 to 3/19/24	3 Months Ago 1/19/23 to 1/19/24	1 Year Ago 4/19/22 to 4/19/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	19 Buy rating(s)	20 Buy rating(s)	20 Buy rating(s)	11 Buy rating(s)
Hold	6 Hold rating(s)	5 Hold rating(s)	6 Hold rating(s)	16 Hold rating(s)
Sell	2 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$620.72	$627.00	$613.14	$388.00
Predicted Upside	30.83% Upside	18.06% Upside	11.87% Upside	17.51% Upside

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ADBE Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ADBE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Adobe Stock vs. The Competition

Type	Adobe	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.63	2.58	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	30.83% Upside	115.62% Upside	12.25% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/28/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Luria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$685.00	+36.38%
3/28/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
3/27/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$680.00	+35.40%
3/27/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$650.00	+28.96%
3/27/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$630.00	+24.99%
3/27/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$700.00	+37.90%
Get the Latest News and Ratings for ADBE and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Adobe and its competitors with MarketBeat's FREE daily newsletter.
3/27/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$660.00	+30.02%
3/27/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$610.00	+20.17%
3/21/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underweight	$445.00	-14.28%
3/15/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$600.00 ➝ $570.00	+11.10%
3/15/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$700.00 ➝ $630.00	+22.80%
3/15/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$590.00 ➝ $525.00	+2.33%
3/15/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$557.00 ➝ $511.00	-0.40%
3/15/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$690.00 ➝ $675.00	+31.57%
3/15/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$600.00 ➝ $540.00	+5.25%
3/15/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$650.00 ➝ $625.00	+21.82%
3/15/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$700.00 ➝ $640.00	+24.55%
3/15/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$650.00 ➝ $640.00	+24.55%
3/15/2024	Piper Sandler Companies Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$705.00 ➝ $700.00	+22.71%
1/18/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$499.00	-16.29%
12/12/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$610.00 ➝ $675.00	+7.97%
12/4/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$730.00	+19.19%
9/19/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$565.00 ➝ $611.00	+14.58%
9/15/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$550.00 ➝ $625.00	+18.11%
9/15/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$550.00 ➝ $610.00	+14.52%
9/15/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$580.00 ➝ $650.00	+17.72%
9/11/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$600.00 ➝ $660.00	+17.78%
7/31/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$510.00 ➝ $660.00	+24.79%
6/19/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$431.00 ➝ $585.00	+18.14%
6/16/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
6/16/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$420.00 ➝ $580.00	+18.15%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:40 AM ET.

ADBE Price Target - Frequently Asked Questions

What is Adobe's consensus rating and price target?: According to the issued ratings of 27 analysts in the last year, the consensus rating for Adobe stock is Moderate Buy based on the current 2 sell ratings, 6 hold ratings and 19 buy ratings for ADBE. The average twelve-month price prediction for Adobe is $620.72 with a high price target of $730.00 and a low price target of $445.00. Learn more on ADBE's analyst rating history.
Do Wall Street analysts like Adobe more than its competitors?: Analysts like Adobe more than other Computer and Technology companies. The consensus rating score for Adobe is 2.63 while the average consensus rating score for computer and technology companies is 2.58. Learn more on how ADBE compares to other companies.
Does Adobe's stock price have much upside?: According to analysts, Adobe's stock has a predicted upside of 17.39% based on their 12-month stock forecasts.

What analysts cover Adobe?: Adobe has been rated by Bank of America, Barclays, BMO Capital Markets, DA Davidson, Evercore ISI, HSBC, JMP Securities, JPMorgan Chase & Co., KeyCorp, Mizuho, Oppenheimer, Piper Sandler, Piper Sandler Companies, Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, TD Cowen, UBS Group, and Wells Fargo & Company in the past 90 days.

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This page (NASDAQ:ADBE) was last updated on 4/18/2024 by MarketBeat.com Staff

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Adobe (ADBE) Stock Forecast & Price Target

Adobe Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

ADBE Analyst Ratings By Month

ADBE Price Targets by Month

Adobe Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

ADBE Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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