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Adobe (ADBE) Stock Forecast & Price Target

Adobe logo
$285.75 +5.96 (+2.13%)
As of 09/3/2026 04:00 PM Eastern

Adobe - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
5
Hold
21
Buy
7

Based on 33 Wall Street analysts who have issued ratings for Adobe in the last 12 months, the stock has a consensus rating of "Hold." Out of the 33 analysts, 5 have given a sell rating, 21 have given a hold rating, and 7 have given a buy rating for ADBE.

Consensus Price Target

$278.72
-2.46% Downside
According to the 33 analysts' twelve-month price targets for Adobe, the average price target is $278.72. The highest price target for ADBE is $440.00, while the lowest price target for ADBE is $190.00. The average price target represents a forecasted downside of -2.46% from the current price of $285.75.
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.
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ADBE Analyst Ratings Over Time

TypeCurrent Forecast
9/4/25 to 9/4/26
1 Month Ago
8/5/25 to 8/5/26
3 Months Ago
6/6/25 to 6/6/26
1 Year Ago
9/4/24 to 9/4/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
2 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
9 Buy rating(s)
15 Buy rating(s)
Hold
21 Hold rating(s)
21 Hold rating(s)
17 Hold rating(s)
8 Hold rating(s)
Sell
5 Sell rating(s)
6 Sell rating(s)
5 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$278.72$271.30$337.62$473.88
Forecasted Upside-2.46% Downside4.62% Upside34.27% Upside37.63% Upside
Consensus RatingHoldHoldHoldModerate Buy

ADBE Analyst Recommendations 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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Adobe Stock vs. The Competition

TypeAdobeTechnology CompaniesBroader Market
Consensus Rating Score
2.06
2.23
2.53
Consensus RatingHoldHoldModerate Buy
Predicted Upside-2.46% Downside400.11% Upside13.66% Upside
News Sentiment Rating
Positive News

See Recent ADBE News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/3/2026
Barclays PLC logo
Barclays
3 of 5 stars
Saket Kalia
Saket Kalia
2 of 5 stars
Boost TargetEqual Weight$250.00 ➝ $295.00+5.44%
9/2/2026
Matthew Swanson
Matthew Swanson
1 of 5 stars
Boost TargetOutperform$285.00 ➝ $315.00+10.11%
9/1/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 UpgradeSell (D)Sell (D+)
9/1/2026Boost TargetNeutral$228.00 ➝ $301.00+2.80%
8/30/2026Boost TargetHold$230.00 ➝ $285.00-2.24%
8/19/2026Boost TargetUnderperform$190.00 ➝ $220.00-19.16%
7/21/2026DowngradeBuyEqual Weight
7/21/2026DowngradeEqual WeightUnderweight$365.00 ➝ $240.00+2.24%
7/20/2026Initiated CoverageOutperform$300.00+26.45%
7/2/2026UpgradeHoldBuy$282.00 ➝ $308.00+45.99%
6/29/2026 DowngradeStrong-BuyHold
6/12/2026Lower TargetSell$220.00 ➝ $190.00-12.94%
6/12/2026Lower TargetOutperform$447.00 ➝ $379.00+73.67%
6/12/2026DowngradeOutperformPeer Perform
6/12/2026 Reiterated RatingMarket Perform
6/12/2026Lower TargetUnderweight$235.00 ➝ $195.00-10.65%
6/12/2026Lower TargetOverweight$330.00 ➝ $250.00+14.55%
6/12/2026 Set TargetOutperformIn-Line$225.00+3.10%
6/12/2026Reiterated RatingBuyHold$350.00 ➝ $200.00-8.36%
6/12/2026 DowngradeStrong-BuyHold
6/12/2026Lower TargetOverweight$420.00 ➝ $340.00+66.77%
6/12/2026Lower TargetMarket Perform$285.00 ➝ $230.00+14.43%
6/12/2026Lower TargetBuy$300.00 ➝ $250.00+14.55%
6/12/2026Reiterated RatingMarket Perform
6/12/2026Lower TargetNeutral$280.00 ➝ $240.00+9.97%
6/12/2026Lower TargetNeutral$270.00 ➝ $230.00+5.39%
6/12/2026Lower TargetNeutral$270.00 ➝ $245.00+12.26%
6/8/2026Lower TargetHold$310.00 ➝ $285.00+15.04%
5/19/2026 DowngradeModerate BuyHold
4/17/2026 Set Target$350.00+39.27%
4/13/2026Initiated CoverageNeutral
3/26/2026DowngradeOutperformMarket Perform
3/16/2026Reiterated RatingBuyHold
3/13/2026 Reiterated RatingHold
9/1/2025Set Target$280.00-21.50%
8/11/2025 DowngradeHoldSell$310.00-7.45%
1/15/2025UpgradeUnderperformNeutral$425.00+2.98%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 02:53 AM ET.


Should I Buy Adobe Stock? ADBE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 1, 2026. Please send any questions or comments about these Adobe pros and cons to contact@marketbeat.com.

Adobe
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Adobe:

  • Adobe recently announced a $4 billion partnership with Saudi Arabia to provide free access to its AI tools for 27 million people, a significant strategic expansion that drives user adoption and positions the company as a leader in the Middle East market.
  • The stock is currently trading at $286.08, which represents a substantial discount to its 52-week high of $370.86, offering a potential entry point for investors who believe the recent sell-off has overcorrected the company's long-term value.
  • Adobe has consistently beaten earnings expectations, reporting $5.96 in earnings per share for the most recent quarter against a consensus estimate of $5.82, demonstrating strong operational execution and profitability even in a challenging software sector.
  • With a P/E ratio of 16.37, Adobe trades at a valuation that is significantly lower than many of its high-growth software peers, suggesting that the market may be undervaluing the company's stable revenue streams and dominant market position in digital media and experience.
  • Institutional interest is growing, as evidenced by Railway Pension Investments Ltd increasing its position by 146.3% in the second quarter, indicating that large-scale investors are accumulating shares and viewing the current price as an attractive opportunity.

Adobe
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Adobe for these reasons:

  • Wall Street maintains a consensus rating of "Hold" with an average price target of $272.80, which is below the current stock price of $286.08, suggesting that analysts believe the stock is fairly valued or slightly overvalued relative to its near-term growth prospects.
  • Short interest has been rising, with shares shorted increasing to 17,970,237 in the most recent reporting period, indicating that a significant portion of the market is betting against the stock's future performance due to concerns about AI disruption or competitive pressure.
  • Adobe faces intensifying competition from AI-native platforms like Canva and Figma, which are eroding its traditional moat in creative software, forcing the company to invest heavily in AI features to retain its user base and justify its premium pricing.
  • Historical data suggests that Adobe stock has underperformed in September, having finished the month higher only twice in the last decade, which may signal seasonal weakness or broader market skepticism about the software sector during this period.
  • Recent analyst downgrades, including a cut from "moderate buy" to "hold" by DBS Bank and a price target reduction by Stifel Nicolaus, reflect growing concerns about the sustainability of Adobe's growth rates and the impact of macroeconomic headwinds on enterprise software spending.

ADBE Forecast - Frequently Asked Questions

According to the research reports of 33 Wall Street equities research analysts, the average twelve-month stock price forecast for Adobe is $278.72, with a high forecast of $440.00 and a low forecast of $190.00.

33 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Adobe in the last year. There are currently 5 sell ratings, 21 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ADBE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADBE, but not buy additional shares or sell existing shares.

According to analysts, Adobe's stock has a predicted downside of -2.46% based on their 12-month stock forecasts.

Over the previous 90 days, Adobe's stock had 6 downgrades and 4 upgrades by analysts.

Analysts like Adobe less than other "technology" companies. The consensus rating score for Adobe is 2.06 while the average consensus rating score for "technology" companies is 2.23. Learn more on how ADBE compares to other companies.


MarketBeat monitors more than a dozen sources for Adobe analyst ratings, with the most recent rating issued on 9/3/2026.
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