Barclays Lowers Adobe (NASDAQ:ADBE) Price Target to $335.00

Adobe (NASDAQ:ADBE) had its price objective reduced by equities research analysts at Barclays from $415.00 to $335.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the software company’s stock. Barclays‘s target price suggests a potential upside of 23.62% from the company’s current price.

ADBE has been the subject of a number of other research reports. Jefferies Financial Group reduced their price objective on Adobe from $400.00 to $290.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. Robert W. Baird set a $350.00 target price on Adobe in a report on Wednesday, January 14th. Wells Fargo & Company decreased their price target on shares of Adobe from $470.00 to $420.00 and set an “overweight” rating for the company in a research note on Thursday, November 20th. The Goldman Sachs Group began coverage on shares of Adobe in a research note on Monday, January 12th. They issued a “sell” rating and a $290.00 price objective on the stock. Finally, Mizuho reduced their price objective on shares of Adobe from $410.00 to $390.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $389.56.

Adobe Stock Up 0.0%

NASDAQ ADBE traded up $0.01 on Wednesday, hitting $271.00. 377,409 shares of the company were exchanged, compared to its average volume of 5,463,813. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. The company has a market cap of $111.25 billion, a PE ratio of 16.22, a PEG ratio of 1.03 and a beta of 1.53. The stock has a fifty day moving average of $296.08 and a 200-day moving average of $327.50. Adobe has a 12 month low of $244.28 and a 12 month high of $453.26.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, beating the consensus estimate of $5.40 by $0.10. The firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.81 earnings per share. 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, analysts forecast that Adobe will post 16.65 earnings per share for the current year.

Insider Transactions at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the 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 completion of the sale, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. This trade represents a 3.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.16% of the company’s stock.

Institutional Trading of Adobe

A number of institutional investors and hedge funds have recently modified their holdings of the business. Riverbend Wealth Management LLC increased 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 worth $588,000 after buying an additional 29 shares during the period. Intellus Advisors LLC boosted its position in Adobe by 1.6% during the 2nd quarter. Intellus Advisors LLC now owns 1,860 shares of the software company’s stock valued at $720,000 after buying an additional 30 shares during the period. Beacon Financial Advisory LLC grew its holdings in Adobe by 5.5% in the 3rd quarter. Beacon Financial Advisory LLC now owns 577 shares of the software company’s stock worth $204,000 after acquiring an additional 30 shares during the last quarter. MCF Advisors LLC increased its position in shares of Adobe by 20.8% in the third quarter. MCF Advisors LLC now owns 174 shares of the software company’s stock valued at $61,000 after acquiring an additional 30 shares during the period. Finally, Dakota Community Bank & Trust NA raised its stake in shares of Adobe by 12.8% during the second quarter. Dakota Community Bank & Trust NA now owns 274 shares of the software company’s stock valued at $106,000 after acquiring an additional 31 shares during the last quarter. 81.79% of the stock is owned by hedge funds and other institutional investors.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Reports that Michael Burry has taken a new long position in ADBE boosted investor interest and likely sparked short‑term inflows and momentum buying. Adobe Stock (ADBE) Gains 4% Ahead of Earnings. Here’s Why
• Positive Sentiment: Additional press repeating the Burry rumor amplified the move and reinforced the headlines-driven rally. Adobe stock gains on rumors ‘Big Short’ Michael Burry goes long
• Positive Sentiment: Investors are positioning ahead of Adobe’s March 12 Q1 FY2026 earnings date; expectations are focused on whether AI features (e.g., Firefly) are translating into recurring enterprise revenue — a near‑term catalyst. Adobe shares climb as investors position ahead of March 12 earnings and recent AI-focused enterprise momentum
• Positive Sentiment: Adobe and WPP expanded an AI‑focused alliance around marketing workflows and Firefly Foundry integration — a concrete enterprise partnership that supports the narrative Adobe can monetize AI in marketing. Adobe WPP AI Alliance Tests Moat In Enterprise Marketing Workflows
• Neutral Sentiment: Adobe formally set its Q1 FY2026 earnings release for March 12 (post‑market) — a scheduled catalyst that concentrates trading around that date. Adobe to Announce Q1 FY2026 Earnings Results on March 12, 2026
• Neutral Sentiment: Reported short‑interest figures in the feeds show implausible zero values and inconsistent metrics — this data appears unreliable and should not be treated as a meaningful signal until corrected.
• Negative Sentiment: Analysts/coverage note rising AI competition that could pressure Adobe’s creative franchise and margins; that skepticism remains a headwind for valuation until Adobe demonstrates durable AI monetization. Heightened AI Competition Fuels Analyst Skepticism on Adobe (ADBE)
• Negative Sentiment: Quiver’s data flags insider sales and sizable institutional rebalancing (some large holders reduced positions), which can add selling pressure or signal caution from some large owners. Adobe shares climb as investors position ahead of March 12 earnings and recent AI-focused enterprise momentum

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.