Equities Analysts Set Expectations for Adobe FY2027 Earnings

Adobe Inc. (NASDAQ:ADBE) – Stock analysts at Erste Group Bank boosted their FY2027 earnings per share (EPS) estimates for shares of Adobe in a report released on Tuesday, March 24th. Erste Group Bank analyst H. Engel now expects that the software company will post earnings per share of $21.76 for the year, up from their prior forecast of $21.50. The consensus estimate for Adobe’s current full-year earnings is $16.65 per share.

Several other equities analysts have also commented on ADBE. Wall Street Zen raised shares of Adobe from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Piper Sandler cut their price target on shares of Adobe from $330.00 to $280.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Adobe in a report on Friday, March 13th. HSBC set a $302.00 price objective on shares of Adobe in a research note on Friday, February 13th. Finally, Robert W. Baird set a $350.00 price objective on shares of Adobe in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fourteen have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $343.88.

Adobe Price Performance

Shares of NASDAQ ADBE opened at $240.88 on Friday. Adobe has a fifty-two week low of $233.79 and a fifty-two week high of $422.95. The company has a market cap of $98.88 billion, a PE ratio of 14.03, a P/E/G ratio of 0.93 and a beta of 1.53. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.00 and a current ratio of 0.91. The business has a 50-day simple moving average of $269.60 and a two-hundred day simple moving average of $316.59.

Adobe (NASDAQ:ADBE) last announced its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, topping the consensus estimate of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The firm had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.28 billion. During the same period in the previous year, the business earned $5.08 EPS. The firm’s revenue for the quarter 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.

Insider Transactions at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of the stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the sale, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.20% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Galaxy Digital Capital Management GP LLC purchased a new position in Adobe during the fourth quarter worth approximately $1,319,000. Stance Capital LLC increased its position in shares of Adobe by 3.5% in the fourth quarter. Stance Capital LLC now owns 3,981 shares of the software company’s stock valued at $1,393,000 after buying an additional 135 shares in the last quarter. Bank of New Hampshire raised its stake in shares of Adobe by 25.1% during the 4th quarter. Bank of New Hampshire now owns 1,117 shares of the software company’s stock worth $391,000 after buying an additional 224 shares during the period. Osbon Capital Management LLC acquired a new position in Adobe during the fourth quarter worth $211,000. Finally, World Investment Advisors lifted its holdings in Adobe by 0.5% during the fourth quarter. World Investment Advisors now owns 22,726 shares of the software company’s stock valued at $7,954,000 after purchasing an additional 102 shares in the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Analysts still see upside — a recent roundup shows a consensus price target near $310, implying material upside from current levels and with ~50% of analysts maintaining bullish ratings. Analyst Sentiment Remains Strong on Adobe (ADBE)
• Positive Sentiment: Estimates nudged up — Erste Group raised its FY2026 EPS projection for ADBE, which supports the stock’s fundamental outlook despite macro and competitive concerns. MarketBeat Adobe Coverage
• Neutral Sentiment: Sector context: a Motley Fool analysis warns software names have entered a bear phase, highlighting selective risk/reward — strong data‑driven platforms may outperform, while vendors exposed to easy AI substitution could lag. This frames investor rotation within the sector. Software Stocks Have Entered a Bear Market
• Neutral Sentiment: New trading instruments: Direxion launched 2x ETFs tied to names including Adobe, which can amplify intraday flows and volatility but are aimed at short‑term traders. Direxion 2x ETFs on Adobe
• Neutral Sentiment: Partnerships and product promos continue: a Telestream integration and a limited‑time Firefly promotion signal ongoing commercial activity and customer engagement, but they are unlikely to move the stock materially in isolation. Telestream Press Release Adobe Firefly Promotion
• Negative Sentiment: William Blair downgraded ADBE to Market Perform (from Outperform), citing intensifying AI competition from Canva, Figma and AI‑native tools — a high‑profile analyst cut that has pressured sentiment and raised questions about growth visibility. William Blair downgrades Adobe (ADBE)
• Negative Sentiment: Price‑target reset: some outlets report a material decrease in one firm’s target (≈‑21.8% to $331.26), signaling reduced upside expectations from parts of the Street. Adobe price target decreased
• Negative Sentiment: Legal/investor risk: a recent investor alert reports an investigation into Adobe’s directors/officers for possible fiduciary breaches — a reputational and potential litigation overhang that can act as a longer‑term drag if it progresses. Investor Alert: Scott+Scott Investigates Adobe

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.