Research Analysts’ Weekly Ratings Updates for Adobe (ADBE)

Several analysts have recently updated their ratings and price targets for Adobe (NASDAQ: ADBE):

• 2/20/2025 – Adobe was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 2/19/2025 – Adobe had its price target lowered by analysts at BMO Capital Markets from $570.00 to $515.00. They now have an “outperform” rating on the stock.
• 2/19/2025 – Adobe is now covered by analysts at Redburn Atlantic. They set a “neutral” rating on the stock.
• 2/13/2025 – Adobe had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $590.00 price target on the stock.
• 1/28/2025 – Adobe was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 1/20/2025 – Adobe was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 1/15/2025 – Adobe was upgraded by analysts at BNP Paribas from an “underperform” rating to a “neutral” rating. They now have a $425.00 price target on the stock.
• 1/8/2025 – Adobe had its “hold” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $475.00 price target on the stock, down previously from $600.00.
• 1/7/2025 – Adobe had its price target lowered by analysts at Wells Fargo & Company from $700.00 to $640.00. They now have an “overweight” rating on the stock.
• 1/3/2025 – Adobe had its price target lowered by analysts at UBS Group AG from $525.00 to $475.00. They now have a “neutral” rating on the stock.

Adobe Trading Up 0.0 %

ADBE stock traded up $0.10 during midday trading on Monday, reaching $444.42. 2,806,335 shares of the company’s stock traded hands, compared to its average volume of 3,561,493. The business has a 50-day moving average price of $440.46 and a two-hundred day moving average price of $493.88. Adobe Inc. has a fifty-two week low of $403.75 and a fifty-two week high of $587.75. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $193.46 billion, a P/E ratio of 35.84, a PEG ratio of 2.20 and a beta of 1.31.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Wednesday, December 11th. The software company reported $4.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.67 by $0.14. The firm had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.54 billion. Adobe had a return on equity of 45.87% and a net margin of 25.85%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.52 EPS. Equities research analysts forecast that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Amy Banse sold 606 shares of the stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $550.00, for a total transaction of $333,300.00. Following the completion of the transaction, the director now directly owns 32,929 shares in the company, valued at approximately $18,110,950. This represents a 1.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Scott Belsky sold 922 shares of Adobe stock in a transaction on Friday, January 24th. The stock was sold at an average price of $437.28, for a total transaction of $403,172.16. Following the completion of the sale, the executive vice president now owns 22,153 shares of the company’s stock, valued at approximately $9,687,063.84. This trade represents a 4.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 5,681 shares of company stock valued at $2,525,126 in the last quarter. Company insiders own 0.15% of the company’s stock.

Hedge Funds Weigh In On Adobe

A number of hedge funds have recently bought and sold shares of the company. H&H Retirement Design & Management INC raised its holdings in shares of Adobe by 18.8% during the fourth quarter. H&H Retirement Design & Management INC now owns 1,198 shares of the software company’s stock worth $532,000 after purchasing an additional 190 shares during the period. Liberty Square Wealth Partners LLC acquired a new stake in Adobe during the fourth quarter worth about $251,000. Great Valley Advisor Group Inc. lifted its holdings in Adobe by 3.0% in the fourth quarter. Great Valley Advisor Group Inc. now owns 20,234 shares of the software company’s stock worth $8,998,000 after acquiring an additional 586 shares during the last quarter. Cypress Asset Management Inc. TX bought a new position in Adobe in the fourth quarter worth about $3,701,000. Finally, Ameriflex Group Inc. acquired a new position in Adobe in the fourth quarter valued at approximately $265,000. 81.79% of the stock is currently owned by institutional investors and hedge funds.

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.