Adobe (NASDAQ:ADBE) Earns “Hold” Rating from Argus

Adobe (NASDAQ:ADBE)‘s stock had its “hold” rating reaffirmed by Argus in a report released on Monday,Benzinga reports.

ADBE has been the subject of a number of other research reports. Sanford C. Bernstein set a $447.00 price objective on shares of Adobe and gave the stock an “outperform” rating in a research note on Friday. Oppenheimer reiterated a “market perform” rating on shares of Adobe in a report on Friday. DA Davidson set a $300.00 price target on Adobe in a research report on Friday. BMO Capital Markets decreased their price objective on Adobe from $375.00 to $285.00 and set a “market perform” rating for the company in a research note on Friday. Finally, Citigroup dropped their price objective on Adobe from $387.00 to $315.00 and set a “neutral” rating on the stock in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, Adobe currently has an average rating of “Hold” and a consensus price target of $347.85.

Adobe Stock Down 7.6%

Shares of Adobe stock opened at $249.32 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 1.00. The stock has a market cap of $102.35 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 0.98 and a beta of 1.53. The firm’s 50-day moving average is $283.88 and its two-hundred day moving average is $322.76. Adobe has a 1 year low of $244.28 and a 1 year high of $422.95.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating the consensus estimate of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The business had revenue of $6.40 billion during the quarter, compared to analyst estimates of $6.28 billion. During the same quarter in the previous year, the business posted $5.08 EPS. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. As a group, research analysts expect that Adobe will post 16.65 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total transaction of $485,323.10. Following the transaction, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at $12,382,225.75. This represents a 3.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by company insiders.

Institutional Trading of Adobe

Several large investors have recently bought and sold shares of ADBE. CX Institutional grew its position in Adobe by 72.9% during the 3rd quarter. CX Institutional now owns 27,922 shares of the software company’s stock worth $9,849,000 after purchasing an additional 11,769 shares during the period. Wright Investors Service Inc. lifted its holdings in shares of Adobe by 114.4% in the 3rd quarter. Wright Investors Service Inc. now owns 9,919 shares of the software company’s stock valued at $3,499,000 after buying an additional 5,293 shares during the period. Federated Hermes Inc. boosted its stake in shares of Adobe by 185.1% in the third quarter. Federated Hermes Inc. now owns 898,408 shares of the software company’s stock worth $316,913,000 after buying an additional 583,275 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Adobe by 43.8% during the third quarter. Jones Financial Companies Lllp now owns 106,598 shares of the software company’s stock worth $38,309,000 after acquiring an additional 32,448 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in Adobe by 112.6% during the third quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock worth $469,467,000 after acquiring an additional 710,357 shares during the period. Hedge funds and other institutional investors own 81.79% of the company’s stock.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Q1 results beat expectations and Adobe reiterated strong FY26 guidance, supporting the company’s underlying revenue and earnings trajectory. This is a fundamental reason some investors still view ADBE as a buy on weakness. Adobe’s Earnings Beat, Yet The Stock Falls
• Positive Sentiment: Bull analysts and buy-the-dip writeups reiterate a longer-term bull case (valuation, AI opportunity and recurring-revenue model), giving dip buyers ammunition. Is Adobe Inc. (ADBE) A Good Stock To Buy?
• Neutral Sentiment: CEO transition announced — Shantanu Narayen’s exit creates short-term leadership uncertainty but also a chance for fresh strategic direction; peer praise (e.g., Satya Nadella) softens but does not eliminate execution questions. Adobe’s longtime CEO to exit role amid AI disruption, shares fall
• Neutral Sentiment: Macro/sector pressure: software names briefly rebounded last week but momentum faded, increasing sensitivity to company-specific news for ADBE. Software stocks teased a comeback — but investors still want proof
• Negative Sentiment: Regulatory/legal hit — Adobe agreed to a roughly $150 million settlement over alleged subscription practices (“subscription hell”), which is a direct cash cost and a reputational risk that can pressure churn and pricing. Adobe Hit With $150 Million Settlement For Trapping Users In Subscription Hell
• Negative Sentiment: Analyst downgrades and widespread target cuts (multiple firms lowering price targets and Barclays cutting to Equal Weight) have increased selling pressure and price volatility. That coordinated re-rating is a key driver of the stock’s weakness. Adobe (NASDAQ:ADBE) Shares Gap Down Following Analyst Downgrade
• Negative Sentiment: Market reaction: the combination of the settlement, CEO transition and analyst moves prompted notable share weakness and gap-down trading, amplifying short-term downside even though fundamentals remain solid. Adobe’s AI Gamble and CEO Exit Rattle Investors

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.