FY2027 EPS Estimates for Adobe Boosted by Erste Group Bank

Adobe Inc. (NASDAQ:ADBE) – Investment analysts at Erste Group Bank raised their FY2027 earnings per share estimates for shares of Adobe in a research note issued to investors on Tuesday, March 24th. Erste Group Bank analyst H. Engel now anticipates that the software company will post earnings of $21.76 per share for the year, up from their previous estimate of $21.50. The consensus estimate for Adobe’s current full-year earnings is $16.65 per share.

ADBE has been the topic of several other research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $430.00 target price on shares of Adobe in a research note on Monday, March 9th. The Goldman Sachs Group reduced their target price on shares of Adobe from $290.00 to $220.00 and set a “sell” rating for the company in a research report on Friday, March 13th. UBS Group decreased their price target on shares of Adobe from $340.00 to $290.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Argus restated a “hold” rating on shares of Adobe in a research report on Monday, March 16th. Finally, Weiss Ratings downgraded shares of Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fourteen have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $343.88.

Adobe Stock Up 1.5%

Shares of ADBE opened at $240.88 on Friday. The stock has a 50 day moving average price of $269.60 and a 200 day moving average price of $316.59. Adobe has a one year low of $233.79 and a one year high of $422.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.00 and a current ratio of 0.91. The stock has a market capitalization of $98.88 billion, a price-to-earnings ratio of 14.03, a PEG ratio of 0.93 and a beta of 1.53.

Adobe (NASDAQ:ADBE) last released its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, beating the consensus estimate of $5.87 by $0.19. The business had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.28 billion. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the business posted $5.08 earnings per share. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS.

Hedge Funds Weigh In On Adobe

Several large investors have recently modified their holdings of the business. Western Pacific Wealth Management LP acquired a new position in Adobe in the fourth quarter valued at about $26,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Adobe during the third quarter valued at about $26,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Adobe in the 3rd quarter valued at approximately $27,000. Caitlin John LLC purchased a new stake in Adobe in the third quarter valued at approximately $28,000. Finally, Beacon Financial Strategies CORP acquired a new position in Adobe during the fourth quarter worth $28,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the firm’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total transaction of $485,323.10. Following the completion of the sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at $12,382,225.75. This trade represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.20% of the company’s stock.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Analysts still see upside — a recent roundup shows a consensus price target near $310, implying material upside from current levels and with ~50% of analysts maintaining bullish ratings. Analyst Sentiment Remains Strong on Adobe (ADBE)
• Positive Sentiment: Estimates nudged up — Erste Group raised its FY2026 EPS projection for ADBE, which supports the stock’s fundamental outlook despite macro and competitive concerns. MarketBeat Adobe Coverage
• Neutral Sentiment: Sector context: a Motley Fool analysis warns software names have entered a bear phase, highlighting selective risk/reward — strong data‑driven platforms may outperform, while vendors exposed to easy AI substitution could lag. This frames investor rotation within the sector. Software Stocks Have Entered a Bear Market
• Neutral Sentiment: New trading instruments: Direxion launched 2x ETFs tied to names including Adobe, which can amplify intraday flows and volatility but are aimed at short‑term traders. Direxion 2x ETFs on Adobe
• Neutral Sentiment: Partnerships and product promos continue: a Telestream integration and a limited‑time Firefly promotion signal ongoing commercial activity and customer engagement, but they are unlikely to move the stock materially in isolation. Telestream Press Release Adobe Firefly Promotion
• Negative Sentiment: William Blair downgraded ADBE to Market Perform (from Outperform), citing intensifying AI competition from Canva, Figma and AI‑native tools — a high‑profile analyst cut that has pressured sentiment and raised questions about growth visibility. William Blair downgrades Adobe (ADBE)
• Negative Sentiment: Price‑target reset: some outlets report a material decrease in one firm’s target (≈‑21.8% to $331.26), signaling reduced upside expectations from parts of the Street. Adobe price target decreased
• Negative Sentiment: Legal/investor risk: a recent investor alert reports an investigation into Adobe’s directors/officers for possible fiduciary breaches — a reputational and potential litigation overhang that can act as a longer‑term drag if it progresses. Investor Alert: Scott+Scott Investigates Adobe

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.