Adobe Inc. (NASDAQ:ADBE) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Adobe Inc. (NASDAQ:ADBE) have received a consensus rating of “Hold” from the twenty-six analysts that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $397.16.

Several equities analysts have weighed in on the company. Robert W. Baird set a $350.00 price objective on Adobe in a research note on Wednesday, January 14th. BMO Capital Markets lowered shares of Adobe from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $400.00 to $375.00 in a research report on Friday, January 9th. Piper Sandler downgraded shares of Adobe from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $470.00 to $330.00 in a research report on Monday, February 2nd. HSBC set a $302.00 target price on shares of Adobe in a research report on Friday, February 13th. Finally, Mizuho decreased their price target on Adobe from $410.00 to $390.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th.

Adobe Price Performance

Shares of NASDAQ ADBE opened at $255.22 on Friday. Adobe has a fifty-two week low of $251.10 and a fifty-two week high of $453.75. The stock has a market cap of $104.77 billion, a price-to-earnings ratio of 15.21, a PEG ratio of 1.03 and a beta of 1.51. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. The firm’s 50-day simple moving average is $311.28 and its 200 day simple moving average is $332.38.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The firm had revenue of $6.19 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period in the previous year, the company posted $4.81 EPS. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. 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.

Insider Activity at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the transaction, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.16% of the stock is owned by insiders.

Institutional Investors Weigh In On Adobe

Large investors have recently modified their holdings of the stock. Riverbend Wealth Management LLC raised its stake in shares of Adobe by 1.8% in the third quarter. Riverbend Wealth Management LLC now owns 1,668 shares of the software company’s stock valued at $588,000 after buying an additional 29 shares during the period. FSM Wealth Advisors LLC raised its stake in Adobe by 1.1% in the 2nd quarter. FSM Wealth Advisors LLC now owns 2,644 shares of the software company’s stock valued at $997,000 after acquiring an additional 30 shares during the period. Intellus Advisors LLC lifted its holdings in Adobe by 1.6% during the second quarter. Intellus Advisors LLC now owns 1,860 shares of the software company’s stock valued at $720,000 after purchasing an additional 30 shares during the last quarter. Beacon Financial Advisory LLC boosted its position in Adobe by 5.5% during the third quarter. Beacon Financial Advisory LLC now owns 577 shares of the software company’s stock worth $204,000 after purchasing an additional 30 shares during the period. Finally, MCF Advisors LLC increased its stake in shares of Adobe by 20.8% in the third quarter. MCF Advisors LLC now owns 174 shares of the software company’s stock worth $61,000 after purchasing an additional 30 shares in the last quarter. Hedge funds and other institutional investors 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.