Adobe (NASDAQ:ADBE) Issues FY 2025 Earnings Guidance

Adobe (NASDAQ:ADBE) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 20.200-20.500 for the period, compared to the consensus estimate of 20.390. The company issued revenue guidance of $23.3 billion-$23.6 billion, compared to the consensus revenue estimate of $23.5 billion. Adobe also updated its Q2 2025 guidance to 4.950-5.000 EPS.

Adobe Price Performance

ADBE traded up $4.94 during trading on Wednesday, reaching $438.60. 4,965,181 shares of the company traded hands, compared to its average volume of 3,427,654. The firm has a fifty day simple moving average of $439.13 and a 200 day simple moving average of $484.86. Adobe has a 12-month low of $403.75 and a 12-month high of $587.75. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $190.97 billion, a P/E ratio of 35.37, a PEG ratio of 2.15 and a beta of 1.37.

Adobe (NASDAQ:ADBE) last released its earnings results on Wednesday, March 12th. The software company reported $4.28 EPS for the quarter, missing analysts’ consensus estimates of $4.97 by ($0.69). Adobe had a net margin of 25.85% and a return on equity of 45.87%. On average, equities analysts forecast that Adobe will post 16.65 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. JMP Securities restated a “market perform” rating on shares of Adobe in a report on Thursday, December 12th. TD Cowen cut Adobe from a “buy” rating to a “hold” rating and dropped their price objective for the company from $625.00 to $550.00 in a research note on Thursday, December 12th. Jefferies Financial Group reduced their target price on shares of Adobe from $700.00 to $650.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Stifel Nicolaus dropped their price objective on Adobe from $650.00 to $600.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $475.00 target price (down from $600.00) on shares of Adobe in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Adobe has an average rating of “Moderate Buy” and a consensus target price of $563.96.

Insider Buying and Selling

In other Adobe news, Director David A. Ricks bought 2,250 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were bought at an average cost of $443.98 per share, with a total value of $998,955.00. Following the completion of the acquisition, the director now owns 4,984 shares of the company’s stock, valued at approximately $2,212,796.32. This trade represents a 82.30 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Scott Belsky sold 3,819 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $430.24, for a total value of $1,643,086.56. Following the completion of the sale, the executive vice president now directly owns 18,334 shares in the company, valued at approximately $7,888,020.16. This trade represents a 17.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,075 shares of company stock worth $2,191,826. Insiders own 0.15% of the company’s stock.

Institutional Trading of Adobe

A hedge fund recently raised its stake in Adobe stock. Brighton Jones LLC boosted its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,068 shares of the software company’s stock after buying an additional 167 shares during the period. Brighton Jones LLC’s holdings in Adobe were worth $3,588,000 at the end of the most recent reporting period. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

Adobe Company Profile

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.