Rakuten Investment Management Inc. Buys New Shares in Adobe Inc. $ADBE

Rakuten Investment Management Inc. purchased a new stake in Adobe Inc. (NASDAQ:ADBE) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 69,289 shares of the software company’s stock, valued at approximately $24,904,000.

A number of other large investors also recently modified their holdings of ADBE. Brighton Jones LLC raised its stake in shares of Adobe by 2.1% during the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock worth $3,588,000 after purchasing an additional 167 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Adobe by 25.5% in the second quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock valued at $926,000 after acquiring an additional 486 shares during the last quarter. CX Institutional grew its position in shares of Adobe by 19.6% in the 2nd quarter. CX Institutional now owns 16,153 shares of the software company’s stock valued at $6,249,000 after acquiring an additional 2,643 shares during the period. Foster Group Inc. acquired a new position in shares of Adobe during the 2nd quarter worth about $272,000. Finally, Golden State Equity Partners raised its holdings in shares of Adobe by 23.1% in the 2nd quarter. Golden State Equity Partners now owns 1,311 shares of the software company’s stock valued at $507,000 after purchasing an additional 246 shares during the period. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ADBE has been the topic of a number of recent analyst reports. Wells Fargo & Company lowered their price target on Adobe from $470.00 to $420.00 and set an “overweight” rating on the stock in a research report on Thursday, November 20th. Wolfe Research decreased their target price on Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a report on Thursday, December 11th. Citigroup raised their price target on Adobe from $366.00 to $387.00 and gave the company a “neutral” rating in a report on Wednesday, December 17th. Jefferies Financial Group lowered shares of Adobe from a “buy” rating to a “hold” rating and dropped their price objective for the company from $500.00 to $400.00 in a research report on Monday, January 5th. Finally, Barclays reaffirmed an “overweight” rating and set a $415.00 target price on shares of Adobe in a report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Adobe has a consensus rating of “Hold” and an average target price of $402.85.

Adobe Price Performance

Shares of Adobe stock opened at $290.37 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $119.20 billion, a price-to-earnings ratio of 17.38, a price-to-earnings-growth ratio of 1.17 and a beta of 1.53. Adobe Inc. has a twelve month low of $288.33 and a twelve month high of $465.70. The company has a 50-day simple moving average of $333.24 and a two-hundred day simple moving average of $345.73.

Adobe (NASDAQ:ADBE) last announced its earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, topping the consensus estimate of $5.40 by $0.10. The company had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last year, the firm 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. Analysts forecast that Adobe Inc. will post 16.65 EPS for the current year.

Insiders Place Their Bets

In other news, CAO Jillian Forusz sold 149 shares of the company’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $337.88, for a total transaction of $50,344.12. Following the completion of the sale, the chief accounting officer directly owned 3,426 shares in the company, valued at approximately $1,157,576.88. This represents a 4.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is owned by corporate insiders.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe added new AI tools to Premiere Pro and After Effects and updated Firefly, expanding content-generation and workflow automation that should strengthen its creative-suite moat. Adobe adds AI tools to Premiere, After Effects and updates to Firefly
• Positive Sentiment: Major Premiere and After Effects updates aim to streamline advanced video-editing workflows with new tools and AI — a direct product improvement that can drive subscription retention and upsells in Creative Cloud. Major Adobe Premiere and After Effects update streamlines advanced video editing workflows with new tools and AI
• Positive Sentiment: Adobe unveiled AI-powered video-editing features for Premiere (automation, generative assists) that reinforce product differentiation versus competitors and support future revenue growth from pro video users. Adobe unveils new AI-powered video editing tools for Premiere
• Positive Sentiment: Adobe pledged $10 million to a film & TV fund and formed a content partnership with creator Amelia Dimoldenberg — a strategic move to grow content partnerships and real-world demand for Adobe tools. Adobe Pledges $10 Million to Film and TV Fund, Partners With Amelia Dimoldenberg
• Neutral Sentiment: Some analysts and outlets frame the sell-off as a buying opportunity, calling ADBE a “huge AI bargain” after the drop — highlights valuation upside but reflects differing views on AI risk. Adobe Stock Looks Like a Huge AI Bargain After a Nosedive. Should You Buy?
• Neutral Sentiment: Coverage questioning whether AI has “killed” Adobe highlights structural risk to pricing models and growth assumptions, but also notes potential recovery paths and continued analyst support. Has AI Killed Adobe For Good?
• Negative Sentiment: Headline flow shows the stock trading lower for multiple sessions, signaling short-term momentum pressure and trader-driven selling that can amplify moves independent of fundamentals. Adobe trades in red for the seventh straight session
• Negative Sentiment: Coverage noting ADBE “plummets into deep-value territory” emphasizes the magnitude of the decline and may reinforce bearish sentiment among momentum traders. Adobe Stock (ADBE) Plummets Into Deep-Value Territory
• Negative Sentiment: Consumer-focused pieces suggesting alternatives to Acrobat for PDF editing point to competitive and pricing pressure in lower-end workflows that could modestly affect Acrobat subscription growth over time. Ditch Adobe Acrobat’s monthly fee for a PDF editor you own for life

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.