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NASDAQ:ADBEAdobe Price Target & Analyst Ratings

-6.28 (-1.40 %)
(As of 08/10/2020 04:00 PM ET)
Today's Range
Now: $443.29
50-Day Range
MA: $440.90
52-Week Range
Now: $443.29
Volume1.84 million shs
Average Volume3.24 million shs
Market Capitalization$212.63 billion
P/E Ratio58.48
Dividend YieldN/A

Analyst Ratings

Adobe (NASDAQ:ADBE) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
28 Wall Street analysts have issued ratings and price targets for Adobe in the last 12 months. Their average twelve-month price target is $406.93, suggesting that the stock has a possible downside of 8.20%. The high price target for ADBE is $474.00 and the low price target for ADBE is $283.00. There are currently 7 hold ratings and 21 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.752.752.772.70
Ratings Breakdown: 0 Sell Rating(s)
7 Hold Rating(s)
21 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
7 Hold Rating(s)
21 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
6 Hold Rating(s)
20 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
8 Hold Rating(s)
19 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $406.93$406.93$342.04$337.79
Price Target Upside: 8.20% downside7.14% downside1.91% downside1.80% downside

Adobe (NASDAQ:ADBE) Consensus Price Target History

Average Share Price and Price Target 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 (NASDAQ:ADBE) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/24/2020Goldman Sachs GroupBoost Price TargetAverage ➝ Neutral$350.00 ➝ $460.00High
6/15/2020ArgusBoost Price TargetBuy$368.00 ➝ $474.00Low
6/15/2020CitigroupBoost Price TargetNeutral$293.00 ➝ $413.00Low
6/12/2020Stifel NicolausBoost Price Target$325.00 ➝ $426.00High
6/12/2020JPMorgan Chase & Co.Boost Price TargetOverweight$325.00 ➝ $430.00High
6/12/2020Griffin SecuritiesBoost Price TargetBuy$334.00 ➝ $427.00Low
6/12/2020Robert W. BairdBoost Price TargetOutperform$345.00 ➝ $460.00Medium
6/12/2020CowenBoost Price TargetMarket Perform$365.00 ➝ $400.00Medium
6/12/2020Bank of AmericaBoost Price TargetBuy$330.00 ➝ $440.00Low
6/12/2020WedbushReiterated RatingHold$315.00 ➝ $410.00Medium
6/12/2020Royal Bank of CanadaBoost Price TargetIn-Line ➝ Outperform$325.00 ➝ $440.00Medium
6/12/2020Morgan StanleyBoost Price TargetOverweight$375.00 ➝ $450.00Medium
6/12/2020Credit Suisse GroupBoost Price TargetOutperform$415.00 ➝ $425.00Medium
6/12/2020BMO Capital MarketsBoost Price TargetOutperform$375.00 ➝ $440.00Medium
6/12/2020Jefferies Financial GroupBoost Price TargetBuy$450.00 ➝ $470.00Medium
6/12/2020Wells Fargo & CoReiterated RatingHold$290.00 ➝ $375.00Medium
6/11/2020OppenheimerBoost Price TargetOutperform$410.00 ➝ $430.00High
6/10/2020BarclaysReiterated RatingBuy$450.00Low
6/8/2020UBS GroupBoost Price TargetBuy$344.00 ➝ $450.00High
5/14/2020DZ BankDowngradeBuy ➝ Hold$370.00Low
4/1/2020Canaccord GenuityReiterated RatingBuy$350.00Medium
3/31/2020Piper SandlerLower Price TargetOverweight$355.00 ➝ $350.00Low
3/17/2020CfraLower Price TargetBuy$365.00 ➝ $359.00High
1/27/2020Cleveland ResearchUpgradeNeutral ➝ BuyMedium
12/13/2019Nomura SecuritiesBoost Price TargetBuy$310.00 ➝ $318.00Medium
12/13/2019Piper Jaffray CompaniesBoost Price TargetOverweight$339.00 ➝ $360.00High
9/18/2019StephensSet Price TargetBuy$327.00Low
9/18/2019JMP SecuritiesReiterated RatingHoldLow
6/19/2019KeyCorpReiterated RatingHoldHigh
3/29/2019Rosenblatt SecuritiesReiterated RatingBuy$280.00Low
1/9/2019Atlantic SecuritiesInitiated CoverageNeutral ➝ Neutral$250.00Low
1/7/2019Pivotal ResearchUpgradeHold ➝ Buy$252.00 ➝ $262.00Low
8/7/2018GuggenheimInitiated CoverageNeutral$275.00Low
1/26/2018Evercore ISIReiterated RatingBuy$220.00Low
1/23/2018Sanford C. BernsteinBoost Price TargetOutperform$208.00 ➝ $223.00Medium
10/16/2017Deutsche BankDowngradeBuy ➝ Hold$153.93 ➝ $160.00N/A
9/6/2017Moffett NathansonInitiated CoverageBuy ➝ Buy$195.00Low
(Data available from 8/11/2018 forward)
This page was last updated on 8/11/2020 by MarketBeat.com Staff

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