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

Adobe Inc. (NASDAQ:ADBE) has received an average rating of “Hold” from the thirty-three analysts that are covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $278.72.

Several analysts have issued reports on ADBE shares. 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 for the company. JPMorgan Chase & Co. lowered their target price on Adobe from $420.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, June 12th. Wolfe Research cut Adobe from an “outperform” rating to a “peer perform” rating in a report on Friday, June 12th. Freedom Capital lowered Adobe from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 12th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $200.00 price target (down from $350.00) on shares of Adobe in a research note on Friday, June 12th.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe raised Anil Chakravarthy, president of its Customer Experience Orchestration business and worldwide field operations, to president and CEO effective December 1. Chakravarthy has overseen several AI products, while longtime CEO Shantanu Narayen will become executive chair, potentially supporting continuity as Adobe accelerates its AI strategy. Adobe Announces CEO Transition
• Positive Sentiment: RBC raised its price target to $315 from $285 and maintained an Outperform rating ahead of Adobe’s fiscal third-quarter results, citing the potential for annual recurring revenue to exceed expectations. Adobe reports on September 10, making recurring-revenue growth a key near-term catalyst. RBC Raises Adobe Price Target
• Positive Sentiment: Adobe expanded its AI and marketing ecosystem by acquiring Indian startup Rilo and integrating more than 70 creative tools—including Photoshop, Firefly and Acrobat—into Slack. These initiatives could improve workflow integration and strengthen enterprise adoption. Adobe Launches Slack App
• Neutral Sentiment: Analysts remain divided ahead of earnings: some see valuation upside if ARR reaccelerates, while others maintain Hold ratings because Adobe must demonstrate that its AI investments can revive growth and support a higher multiple.
• Negative Sentiment: The CEO announcement surprised investors because it came shortly before earnings and selected Chakravarthy rather than another business leader some investors reportedly expected. Reports also pointed to a separate executive departure, raising concerns about further leadership turnover. Why Adobe Stock Is Dropping
• Negative Sentiment: Adobe continues to face fears that AI-native rivals and new tools from major technology companies could pressure its creative-software franchise, user growth and pricing power. Stronger employment data also increased expectations for a hawkish Federal Reserve, weighing on software and other growth stocks broadly. U.S. Stocks End Lower

Adobe Stock Down 6.7%

Shares of NASDAQ ADBE opened at $266.51 on Tuesday. The stock has a market capitalization of $105.94 billion, a P/E ratio of 15.25, a PEG ratio of 0.93 and a beta of 1.42. Adobe has a one year low of $190.12 and a one year high of $370.86. The firm’s 50 day simple moving average is $249.19 and its two-hundred day simple moving average is $245.81. 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 (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, June 11th. The software company reported $5.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.82 by $0.14. The company had revenue of $6.62 billion during the quarter, compared to analysts’ expectations of $6.45 billion. Adobe had a net margin of 28.69% and a return on equity of 65.11%. The firm’s revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior 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. As a group, analysts expect that Adobe will post 19.81 EPS for the current fiscal year.

Insider Buying and Selling at Adobe

In other news, Director David A. Ricks bought 10,000 shares of the company’s stock in a transaction dated 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 completion of the acquisition, the director owned 17,655 shares in the company, valued at approximately $3,434,074.05. This trade represents a 130.63% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Jillian Forusz sold 416 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total value of $109,961.28. Following the transaction, the chief accounting officer owned 3,824 shares in the company, valued at approximately $1,010,797.92. This represents a 9.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.20% of the stock is owned by insiders.

Institutional Trading of Adobe

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ADBE. SWAN Capital LLC lifted its holdings in Adobe by 43.1% in the third quarter. SWAN Capital LLC now owns 103 shares of the software company’s stock worth $36,000 after buying an additional 31 shares during the period. Logan Capital Management Inc. raised its position in shares of Adobe by 0.3% in the 3rd quarter. Logan Capital Management Inc. now owns 9,789 shares of the software company’s stock worth $3,453,000 after acquiring an additional 32 shares in the last quarter. Vista Capital Partners Inc. lifted its stake in shares of Adobe by 5.8% in the 2nd quarter. Vista Capital Partners Inc. now owns 624 shares of the software company’s stock valued at $241,000 after purchasing an additional 34 shares during the period. Murphy & Mullick Capital Management Corp lifted its stake in shares of Adobe by 5.1% in the 4th quarter. Murphy & Mullick Capital Management Corp now owns 827 shares of the software company’s stock valued at $289,000 after purchasing an additional 40 shares during the period. Finally, Front Street Capital Management Inc. boosted its position in shares of Adobe by 8.2% during the second quarter. Front Street Capital Management Inc. now owns 541 shares of the software company’s stock valued at $209,000 after purchasing an additional 41 shares in the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Company Profile

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.