Adobe Inc. (NASDAQ:ADBE) Given Average Rating of “Hold” by Brokerages

Adobe Inc. (NASDAQ:ADBE) has earned a consensus rating of “Hold” from the thirty-two brokerages that are covering the company, Marketbeat.com reports. Five analysts have rated the stock with a sell rating, seventeen have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $338.1538.

ADBE has been the subject of several research analyst reports. Argus restated a “hold” rating on shares of Adobe in a research report on Monday, March 16th. Oppenheimer restated a “market perform” rating on shares of Adobe in a research report on Friday, March 13th. Morgan Stanley reduced their price target on shares of Adobe from $425.00 to $365.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. DA Davidson set a $300.00 price target on shares of Adobe in a research report on Friday, March 13th. Finally, Sanford C. Bernstein set a $447.00 price target on shares of Adobe and gave the company an “outperform” rating in a research report on Friday, March 13th.

Adobe Stock Up 0.3%

ADBE stock opened at $244.76 on Friday. Adobe has a 12 month low of $224.13 and a 12 month high of $421.48. The firm has a market cap of $98.93 billion, a PE ratio of 14.26, a P/E/G ratio of 0.95 and a beta of 1.42. The firm has a 50 day simple moving average of $245.05 and a 200 day simple moving average of $287.46. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91.

Adobe (NASDAQ:ADBE) last released its earnings results on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating the consensus estimate of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The business had revenue of $6.40 billion during the quarter, compared to analyst estimates of $6.28 billion. During the same period in the prior year, the business earned $5.08 earnings per share. The business’s quarterly revenue was up 12.0% on a year-over-year basis. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Equities research analysts forecast that Adobe will post 19.14 earnings per share for the current fiscal year.

Adobe announced that its Board of Directors has approved a stock buyback plan on Tuesday, April 21st that permits the company to repurchase $25.00 billion in shares. This repurchase authorization permits the software company to reacquire up to 24.9% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe is getting fresh buzz from its deeper integration with Google Gemini, including the ability for users to access Photoshop and Premiere Pro tools inside the AI assistant. That could expand Adobe’s reach and strengthen demand for its creative software. Article Title
• Positive Sentiment: Articles highlighting Adobe’s Digital Experience business say the company is well positioned to benefit from the digital content boom, with Experience Cloud and AI tools like Firefly and Sensei serving demand in ads and e-commerce. Article Title
• Positive Sentiment: Some market commentary argues Adobe looks inexpensive relative to its growth outlook after the broad software selloff, which may be attracting value-oriented investors. Article Title
• Neutral Sentiment: Additional coverage says Adobe is using agentic AI to defend its software moat, reinforcing the view that management is leaning into AI to support its competitive position. Article Title
• Negative Sentiment: One market recap noted Adobe stock fell in the latest session while the broader market advanced, underscoring continued volatility and investor caution around the name. Article Title
• Negative Sentiment: Governance-related headlines are also adding a small overhang, with renewed attention on trading activity tied to Adobe shares amid existing shareholder litigation. Article Title

Insider Activity at Adobe

In related news, CEO Shantanu Narayen sold 75,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $243.54, for a total value of $18,265,500.00. Following the completion of the sale, the chief executive officer owned 359,538 shares in the company, valued at approximately $87,561,884.52. This represents a 17.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Jillian Forusz sold 755 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $246.25, for a total transaction of $185,918.75. Following the completion of the sale, the chief accounting officer owned 3,521 shares of the company’s stock, valued at approximately $867,046.25. This trade represents a 17.66% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 77,091 shares of company stock worth $18,782,773. 0.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC acquired a new position in Adobe in the 1st quarter valued at approximately $6,932,000. Wellington Grp LLC increased its stake in Adobe by 285.3% in the 1st quarter. Wellington Grp LLC now owns 6,227 shares of the software company’s stock valued at $1,514,000 after buying an additional 4,611 shares during the period. Montchanin Asset Management LLC acquired a new position in Adobe in the 1st quarter valued at approximately $372,000. GKV Capital Management Co. Inc. acquired a new position in Adobe in the 1st quarter valued at approximately $97,000. Finally, Essential Partners LLC increased its stake in Adobe by 37.5% in the 1st quarter. Essential Partners LLC now owns 1,045 shares of the software company’s stock valued at $254,000 after buying an additional 285 shares during the period. Institutional investors and hedge funds own 81.79% of the company’s stock.

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.