Brokerages Set Adobe Inc. (NASDAQ:ADBE) Target Price at $401.13

Adobe Inc. (NASDAQ:ADBE) has been assigned an average recommendation of “Hold” from the twenty-six ratings firms that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $397.16.

ADBE has been the topic of a number of recent analyst reports. Wall Street Zen downgraded Adobe from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Stifel Nicolaus dropped their price target on shares of Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. Weiss Ratings lowered shares of Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, February 2nd. HSBC set a $302.00 price objective on shares of Adobe in a report on Friday. Finally, Jefferies Financial Group cut shares of Adobe from a “buy” rating to a “hold” rating and cut their target price for the stock from $500.00 to $400.00 in a research note on Monday, January 5th.

Insider Buying and Selling at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction that occurred 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 directly owned 41,995 shares in the company, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Adobe

Large investors have recently modified their holdings of the business. Brighton Jones LLC grew its position in shares of Adobe by 2.1% in the fourth quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after purchasing an additional 167 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Adobe by 25.5% during the second quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after buying an additional 486 shares during the last quarter. Moran Wealth Management LLC grew its holdings in Adobe by 8.7% in the 2nd quarter. Moran Wealth Management LLC now owns 1,524 shares of the software company’s stock valued at $590,000 after buying an additional 122 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in shares of Adobe by 17.0% in the 2nd quarter. Axxcess Wealth Management LLC now owns 4,398 shares of the software company’s stock worth $1,701,000 after acquiring an additional 639 shares during the last quarter. Finally, AEGON ASSET MANAGEMENT UK Plc raised its holdings in shares of Adobe by 18.4% during the 2nd quarter. AEGON ASSET MANAGEMENT UK Plc now owns 605 shares of the software company’s stock worth $234,000 after acquiring an additional 94 shares during the period. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Stock Performance

ADBE opened at $263.97 on Friday. The firm has a fifty day moving average price of $317.89 and a 200 day moving average price of $334.66. Adobe has a 1 year low of $251.10 and a 1 year high of $464.99. The stock has a market cap of $108.36 billion, a P/E ratio of 15.80, a P/E/G ratio of 1.04 and a beta of 1.51. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The business had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the prior year, the firm posted $4.81 earnings per share. The company’s revenue was up 10.5% compared to the same quarter last year. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Equities research analysts anticipate that Adobe will post 16.65 earnings per share for the current year.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a recent quarter that beat estimates and provided solid FY‑2026 and Q1 guidance, underpinning its cash flow and margins — a primary bullish catalyst for valuation recovery.
• Positive Sentiment: Bullish research/opinion pieces argue Adobe is materially undervalued and present buy cases highlighting its durable SaaS economics and franchise strength. Adobe: Outstanding Business At Outstanding Price
• Positive Sentiment: Adobe deepened its alliance with Cognizant to accelerate enterprise generative‑AI adoption — a strategic partnership that could help drive enterprise SaaS revenues and offset competitive threats. Adobe Deepens Cognizant Alliance To Push Enterprise Generative AI Adoption
• Neutral Sentiment: Zacks and other media note that Adobe is a trending stock and summarize factors investors should monitor (valuation, AI exposure, product momentum) without a definitive directional signal. Here is What to Know Beyond Why Adobe Inc. (ADBE) is a Trending Stock
• Neutral Sentiment: Brokerage consensus remains around a “Hold” average rating — suggests mixed views and limited near‑term conviction from sell‑side. Adobe Inc. (NASDAQ:ADBE) Given Average Rating of “Hold” by Brokerages
• Neutral Sentiment: Short‑interest reports in the feed show zero/NaN values and a 0.0 days‑to‑cover figure — this looks like a data anomaly and shouldn’t be read as a real change in positioning.
• Negative Sentiment: Analysts have been downgrading Adobe amid fears that generative AI could disrupt parts of its business, and some research houses have reiterated sell calls — creating nearer‑term selling pressure. Analysts are downgrading Adobe Inc. (ADBE), Here’s What You Should Know
• Negative Sentiment: Sector headlines and commentators point to a tech/software sell‑off driven by AI fears and macro uncertainties; Adobe has traded off with peers and has posted steeper declines at times. 3 Historically Cheap Software Stocks Begging to Be Bought Amid the Recent Tech Rout AI wreaking havoc across software stocks, job losses might follow: Tom Lee
• Negative Sentiment: Recent market coverage notes Adobe has at times fallen faster than the broader market, reflecting heightened investor sensitivity to sector risk. Adobe Systems (ADBE) Falls More Steeply Than Broader Market

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.