Adobe Inc. (NASDAQ:ADBE) Receives $272.80 Consensus Target Price from Brokerages

Adobe Inc. (NASDAQ:ADBEGet Free Report) has been given a consensus rating of “Hold” by the thirty-three analysts that are presently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and seven have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $278.72.

A number of brokerages have issued reports on ADBE. Oppenheimer reissued a “market perform” rating on shares of Adobe in a research report on Friday, June 12th. Freedom Capital lowered shares of Adobe from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 12th. CLSA started coverage on shares of Adobe in a research report on Monday, July 20th. They set an “outperform” rating and a $300.00 price target on the stock. Evercore set a $225.00 price target on Adobe and gave the company an “in-line” rating in a research report on Friday, June 12th. Finally, Wells Fargo & Company decreased their price objective on Adobe from $330.00 to $250.00 and set an “overweight” rating for the company in a report on Friday, June 12th.

Read Our Latest Stock Analysis on ADBE

Insider Transactions at Adobe

In other Adobe news, Director David Ricks purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was bought at an average cost of $194.51 per share, for a total transaction of $1,945,100.00. Following the purchase, the director directly owned 17,655 shares in the company, valued at $3,434,074.05. The trade was a 130.63% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Jillian Forusz sold 416 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total transaction of $109,961.28. Following the sale, the chief accounting officer directly owned 3,824 shares in the company, valued at $1,010,797.92. The trade was a 9.81% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Adobe

Institutional investors have recently modified their holdings of the stock. Brighton Jones LLC increased its position in shares of Adobe by 2.1% during the fourth quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after acquiring an additional 167 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Adobe by 25.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock valued at $926,000 after purchasing an additional 486 shares during the last quarter. United Bank increased its holdings in shares of Adobe by 12.8% in the 2nd quarter. United Bank now owns 3,773 shares of the software company’s stock worth $1,460,000 after purchasing an additional 428 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Adobe by 7.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock worth $1,017,000 after purchasing an additional 190 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of Adobe by 190.6% during the second quarter. Gamco Investors INC. ET AL now owns 2,764 shares of the software company’s stock valued at $1,069,000 after purchasing an additional 1,813 shares in the last quarter. 81.79% of the stock is owned by hedge funds and other institutional investors.

Adobe Stock Up 2.1%

Shares of NASDAQ:ADBE opened at $285.75 on Tuesday. The stock’s 50-day moving average is $247.91 and its 200 day moving average is $245.67. The company has a market cap of $113.59 billion, a PE ratio of 16.35, a P/E/G ratio of 0.97 and a beta of 1.42. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. Adobe has a 1 year low of $190.12 and a 1 year high of $370.86.

Adobe (NASDAQ:ADBEGet Free Report) last issued its quarterly earnings data on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, topping analysts’ consensus estimates of $5.82 by $0.14. The firm had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.45 billion. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The business’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same period last year, the company earned $5.06 EPS. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Sell-side analysts anticipate that Adobe will post 19.81 EPS for the current year.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

  • Positive Sentiment: Analysts see upside ahead of earnings. RBC raised its price target to $315 from $285 and maintained an “Outperform” rating, citing expectations that Adobe’s annual recurring revenue could exceed estimates. Adobe is scheduled to report fiscal third-quarter results on September 10. RBC raises Adobe price target
  • Positive Sentiment: Adobe is expanding its AI and workflow ecosystem. The company acquired Indian marketing-intelligence startup Rilo through a deal involving technology licensing and the addition of its team, strengthening Adobe’s marketing-automation and “agentic AI” capabilities. Adobe also introduced an integration with Slack that brings more than 70 Photoshop, Firefly, Acrobat, Illustrator, Premiere and other tools into workplace chats. Adobe acquires Rilo
  • Neutral Sentiment: New CEO named for December. Adobe appointed Anil Chakravarthy, who leads its Customer Experience Orchestration business and has overseen several AI products, as president and CEO effective December 1. Current CEO Shantanu Narayen will become executive chair and assist with the transition. Adobe announces CEO transition
  • Negative Sentiment: Investors were disappointed by the CEO selection. Chakravarthy is an insider, but analysts said investors had been anticipating another longtime business leader for the role. The departure of that executive may signal additional leadership turnover, increasing concerns about strategic continuity during Adobe’s AI transformation. Why Adobe stock is under pressure
  • Negative Sentiment: Competitive and valuation risks remain. Commentators warned that Google’s new AI-powered image-generation and editing tools could intensify competition with Adobe. Analysts remain divided, with some raising targets while others cite AI disruption risks and retain cautious ratings.

Adobe Company Profile

(Get Free Report)

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.

Recommended Stories

Analyst Recommendations for Adobe (NASDAQ:ADBE)

Receive News & Ratings for Adobe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adobe and related companies with MarketBeat.com's FREE daily email newsletter.