Adobe Inc. (NASDAQ:ADBE) Receives Consensus Rating of “Hold” from Brokerages

Shares of Adobe Inc. (NASDAQ:ADBE) have received a consensus recommendation of “Hold” from the thirty-three research firms that are covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and seven have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $282.68.

A number of equities analysts recently commented on the stock. BTIG Research reiterated a “neutral” rating on shares of Adobe in a research report on Friday, September 11th. Evercore set a $250.00 price objective on Adobe in a report on Friday, September 11th. Phillip Securities lowered Adobe from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Bank of America lifted their price target on Adobe from $190.00 to $220.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 19th. Finally, JPMorgan Chase & Co. lowered their price objective on Adobe from $340.00 to $315.00 and set an “overweight” rating for the company in a research report on Friday, September 11th.

Adobe Price Performance

Shares of Adobe stock opened at $237.69 on Friday. The business’s 50-day moving average price is $259.31 and its 200-day moving average price is $243.25. The firm has a market capitalization of $92.51 billion, a PE ratio of 13.26, a price-to-earnings-growth ratio of 0.84 and a beta of 1.42. Adobe has a 12 month low of $190.12 and a 12 month high of $363.70. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.41.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Thursday, September 10th. The software company reported $6.13 EPS for the quarter, beating analysts’ consensus estimates of $6.08 by $0.05. The business had revenue of $6.76 billion for the quarter, compared to analysts’ expectations of $6.69 billion. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The business’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period last year, the business earned $5.31 earnings per share. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. Sell-side analysts forecast that Adobe will post 20.01 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Jillian Forusz sold 416 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total transaction of $109,961.28. Following the completion of the transaction, the chief accounting officer directly owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. This represents a 9.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Shantanu Narayen sold 50,500 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $249.57, for a total transaction of $12,603,285.00. Following the sale, the chief executive officer owned 238,724 shares of the company’s stock, valued at approximately $59,578,348.68. This represents a 17.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 125,416 shares of company stock valued at $31,454,466 over the last quarter. 0.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Meridian Management Co. increased its position in Adobe by 0.3% in the 1st quarter. Meridian Management Co. now owns 15,241 shares of the software company’s stock valued at $3,705,000 after acquiring an additional 44 shares during the period. Brown Shipley& Co Ltd lifted its holdings in shares of Adobe by 28.8% during the first quarter. Brown Shipley& Co Ltd now owns 197 shares of the software company’s stock worth $48,000 after purchasing an additional 44 shares during the period. United Bank lifted its holdings in shares of Adobe by 1.4% during the first quarter. United Bank now owns 3,658 shares of the software company’s stock worth $889,000 after purchasing an additional 49 shares during the period. GFS Advisors LLC grew its position in Adobe by 0.3% in the 4th quarter. GFS Advisors LLC now owns 19,769 shares of the software company’s stock valued at $6,919,000 after buying an additional 50 shares during the last quarter. Finally, Drystone LLC increased its stake in Adobe by 0.5% in the 2nd quarter. Drystone LLC now owns 10,420 shares of the software company’s stock valued at $2,136,000 after buying an additional 50 shares during the period. Institutional investors own 81.79% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s potential acquisition of AI image- and video-enhancement company Topaz Labs could strengthen its creative tools, improve upscaling and restoration capabilities, and help defend its position against rapidly advancing generative-AI competitors. Adobe and Topaz Labs: How the Acquisition Could Change AI Photo and Video Editing
• Positive Sentiment: Adobe has exceeded earnings expectations for five consecutive quarters. Its shares also benefited recently from a broader rebound in software stocks, while the company’s high cash generation and roughly 13-times trailing earnings valuation make it appear inexpensive relative to the broader market. The Adobe Stock Debate Is About to Get Interesting Why Is Everyone Ignoring Adobe Stock’s High Cash Yield?
• Positive Sentiment: Adobe’s integration of brushes and sliders into ChatGPT’s image-editing experience expands access to its editing technology and could support user engagement and future AI monetization. Adobe puts brushes and sliders inside ChatGPT’s image editing
• Neutral Sentiment: Adobe Analytics expects U.S. holiday e-commerce spending to rise 6.7% to approximately $275 billion, although the forecast attributes much of the growth to heavier discounting. This supports demand for Adobe’s commerce insights but does not necessarily signal stronger retailer profitability. Adobe Forecasts US Holiday Online Sales up 6.7% on Discounting
• Negative Sentiment: TD Cowen maintained a Hold rating with a $245 price target. The analyst cited solid near-term execution but uncertainty over Adobe’s freemium strategy and its ability to convert generative-AI features into meaningful revenue, limiting enthusiasm for the stock. Adobe: Solid Near-Term Execution but Uncertain Freemium and AI Monetization Keeps Analyst at Hold
• Negative Sentiment: Bearish commentary argues that Adobe could trade sideways for an extended period because competition, slower growth and uncertain AI monetization may outweigh its attractive valuation. Adobe Could Go Nowhere For A Long Time

Adobe Company Profile

Adobe Inc (NASDAQ: ADBE) is a global software company that develops tools for creating, managing, delivering and analyzing digital content. Its products serve creative professionals, marketers, enterprises, students and individual consumers across a broad range of industries and geographies.

Adobe’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, Premiere Pro, InDesign and Adobe Express for graphic design, photography, video, illustration and digital content creation.