Analysts Set Adobe Inc. (NASDAQ:ADBE) Price Target at $402.85

Shares of Adobe Inc. (NASDAQ:ADBE) have received an average recommendation of “Hold” from the twenty-seven research firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $402.8462.

Several research analysts have recently commented on ADBE shares. Wells Fargo & Company decreased their target price on Adobe from $470.00 to $420.00 and set an “overweight” rating for the company in a research report on Thursday, November 20th. UBS Group set a $487.00 price objective on Adobe in a research note on Sunday, December 14th. Oppenheimer downgraded shares of Adobe from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 13th. Mizuho dropped their target price on shares of Adobe from $410.00 to $390.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $430.00 price target on shares of Adobe in a research report on Thursday, December 11th.

Adobe Price Performance

Shares of ADBE stock opened at $294.28 on Monday. The firm has a fifty day moving average of $332.38 and a two-hundred day moving average of $345.37. The firm has a market cap of $120.80 billion, a P/E ratio of 17.61, a P/E/G ratio of 1.14 and a beta of 1.53. Adobe has a 1-year low of $288.33 and a 1-year high of $465.70. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, topping the consensus estimate of $5.40 by $0.10. The business had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the company posted $4.81 earnings per share. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. As a group, research analysts anticipate that Adobe will post 16.65 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Jillian Forusz sold 149 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $337.88, for a total transaction of $50,344.12. Following the sale, the chief accounting officer directly owned 3,426 shares in the company, valued at approximately $1,157,576.88. This represents a 4.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC bought a new stake in shares of Adobe in the 3rd quarter worth $26,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Adobe in the 3rd quarter valued at about $27,000. LSV Asset Management boosted its position in shares of Adobe by 350.0% during the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after purchasing an additional 56 shares in the last quarter. Caitlin John LLC bought a new position in shares of Adobe during the 3rd quarter valued at about $28,000. Finally, Beacon Financial Strategies CORP acquired a new position in shares of Adobe in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe rolled out AI-powered video and motion-design upgrades for Premiere Pro and After Effects (plus Firefly enhancements) that strengthen Creative Cloud’s product differentiation and could support subscription retention and upsells. Adobe unveils new AI-powered video editing tools for Premiere – Engadget
• Positive Sentiment: Adobe pledged $10M to a film & TV fund and announced content partnerships that can expand professional use cases for its video and generative tools, supporting long?term demand for Creative Cloud/Firefly. Adobe Pledges $10 Million to Film and TV Fund…
• Neutral Sentiment: Adobe made a $12 buyout offer for Semrush, a move that could broaden its marketing/SEO capabilities if completed but is now facing shareholder scrutiny; the deal’s outcome will affect acquisition upside and integration risk. Johnson Fistel Investigates Semrush Shareholders’ Rights…
• Neutral Sentiment: ADBE is drawing heightened investor attention and search interest; some outlets present it as a potential value play after the recent pullback, which could attract bargain hunters if sentiment stabilizes. Adobe Inc. (ADBE) is Attracting Investor Attention…
• Negative Sentiment: Analysts and comparisons highlight intensifying competition: ServiceNow is portrayed as having an edge from AI-driven workflow moves and deal activity, which raises questions about Adobe’s relative growth runway in enterprise workflows. ServiceNow vs. Adobe: Which Cloud Software Stock Has an Edge Now?
• Negative Sentiment: Broker and media coverage notes caution among analysts as AI disrupts SaaS economics and intensifies competition across Adobe’s core creative markets, pressuring sentiment and near?term multiples. Cautious Analyst Sentiment on Adobe (ADBE)…
• Negative Sentiment: Price action shows weakness (multi?session losses and mentions of 52?week lows), reflecting investor worry that AI could hurt growth; that negative momentum can amplify short?term downside even as product advances roll out. Adobe vs. Intuit: Which 52-Week Low Is a Buy?

About Adobe

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.