Adobe (NASDAQ:ADBE) Releases Q3 2025 Earnings Guidance

Adobe (NASDAQ:ADBE) updated its third quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.150-5.200 for the period, compared to the consensus EPS estimate of 5.100. The company issued revenue guidance of $5.9 billion-$5.9 billion, compared to the consensus revenue estimate of $5.9 billion. Adobe also updated its FY 2025 guidance to 20.500-20.700 EPS.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Piper Sandler dropped their price objective on shares of Adobe from $600.00 to $500.00 and set an “overweight” rating on the stock in a report on Wednesday, April 23rd. Bank of America boosted their price objective on shares of Adobe from $424.00 to $475.00 and gave the stock a “buy” rating in a report on Friday. Mizuho dropped their price objective on shares of Adobe from $575.00 to $530.00 and set an “outperform” rating on the stock in a report on Friday. Morgan Stanley dropped their price objective on shares of Adobe from $600.00 to $510.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Finally, Jefferies Financial Group lowered their target price on shares of Adobe from $650.00 to $590.00 and set a “buy” rating on the stock in a research note on Monday, March 31st. Nine equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $494.67.

Adobe Price Performance

Shares of ADBE stock opened at $391.68 on Friday. Adobe has a 1 year low of $332.01 and a 1 year high of $587.75. The firm’s 50 day moving average is $386.76 and its 200-day moving average is $421.72. The firm has a market capitalization of $166.93 billion, a price-to-earnings ratio of 31.59, a PEG ratio of 2.15 and a beta of 1.55. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.29.

Adobe (NASDAQ:ADBE) last announced its earnings results on Wednesday, March 12th. The software company reported $5.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.97 by $0.11. Adobe had a net margin of 25.85% and a return on equity of 45.87%. The company had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.66 billion. During the same period in the prior year, the business earned $4.48 earnings per share. Sell-side analysts forecast that Adobe will post 16.65 EPS for the current fiscal year.

Insider Transactions at Adobe

In other Adobe news, CFO Daniel Durn purchased 1,300 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The stock was acquired at an average cost of $390.58 per share, with a total value of $507,754.00. Following the completion of the purchase, the chief financial officer now directly owns 29,876 shares in the company, valued at approximately $11,668,968.08. This represents a 4.55% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is owned by company insiders.

Institutional Investors Weigh In On Adobe

An institutional investor recently raised its position in Adobe stock. Brighton Jones LLC raised its position in Adobe Inc. (NASDAQ:ADBE) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,068 shares of the software company’s stock after purchasing an additional 167 shares during the period. Brighton Jones LLC’s holdings in Adobe were worth $3,588,000 as of its most recent filing with the SEC. 81.79% of the stock is currently owned by 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.