Mirabella Financial Services LLP Buys 3,836 Shares of Adobe Inc. $ADBE

Mirabella Financial Services LLP raised its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 102.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 7,594 shares of the software company’s stock after acquiring an additional 3,836 shares during the period. Mirabella Financial Services LLP’s holdings in Adobe were worth $2,675,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Riverbend Wealth Management LLC boosted its holdings in Adobe by 1.8% during the third quarter. Riverbend Wealth Management LLC now owns 1,668 shares of the software company’s stock worth $588,000 after purchasing an additional 29 shares during the last quarter. Intellus Advisors LLC boosted its stake in shares of Adobe by 1.6% in the 2nd quarter. Intellus Advisors LLC now owns 1,860 shares of the software company’s stock worth $720,000 after buying an additional 30 shares during the last quarter. Beacon Financial Advisory LLC boosted its stake in shares of Adobe by 5.5% in the 3rd quarter. Beacon Financial Advisory LLC now owns 577 shares of the software company’s stock worth $204,000 after buying an additional 30 shares during the last quarter. MCF Advisors LLC grew its holdings in shares of Adobe by 20.8% in the third quarter. MCF Advisors LLC now owns 174 shares of the software company’s stock valued at $61,000 after acquiring an additional 30 shares in the last quarter. Finally, Dakota Community Bank & Trust NA grew its holdings in shares of Adobe by 12.8% in the second quarter. Dakota Community Bank & Trust NA now owns 274 shares of the software company’s stock valued at $106,000 after acquiring an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Price Performance

Adobe stock opened at $246.00 on Thursday. The business’s 50 day simple moving average is $278.81 and its 200 day simple moving average is $320.79. Adobe Inc. has a 12 month low of $244.28 and a 12 month high of $422.95. The company has a market cap of $100.98 billion, a price-to-earnings ratio of 14.33, a PEG ratio of 1.00 and a beta of 1.53. The company has a current ratio of 0.91, a quick ratio of 1.00 and a debt-to-equity ratio of 0.47.

Adobe (NASDAQ:ADBE) last released its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.87 by $0.19. The business had revenue of $6.40 billion during 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 revenue for the quarter was up 12.0% on a year-over-year basis. During the same period 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. Sell-side analysts forecast that Adobe Inc. will post 16.65 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ADBE. Piper Sandler dropped their price target on Adobe from $330.00 to $280.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. BMO Capital Markets reduced 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, March 13th. JPMorgan Chase & Co. decreased their target price on Adobe from $520.00 to $420.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Wall Street Zen upgraded Adobe from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $430.00 price target on shares of Adobe in a report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, Adobe has an average rating of “Hold” and a consensus price target of $343.88.

Insiders Place Their Bets

In related news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value 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 approximately $12,382,225.75. This trade represents a 3.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.20% of the company’s stock.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Record Q1 and AI momentum — Adobe reported a beat for fiscal Q1 with accelerating AI‑first ARR and subscription strength, supporting the company’s longer‑term growth thesis and underpinning the bull case. AI Integration and Capabilities Power Adobe Inc. (ADBE) to Record First Quarter
• Positive Sentiment: Strategic NVIDIA tie‑up — A partnership to co‑develop next‑gen Firefly models and agentic workflows strengthens Adobe’s AI product roadmap and cloud compute capabilities, a clear positive for product moat and future monetization. Adobe Taps Nvidia AI Muscle To Revolutionize Marketing, Creative Pipelines
• Neutral Sentiment: Unusual options and short‑interest chatter — Elevated options activity and reported increases in short interest (some feeds show inconsistent data) are boosting volatility but aren’t conclusive on directional conviction. Monitor open interest and changes in institutional positioning. Adobe Target of Unusually High Options Trading (NASDAQ:ADBE)
• Negative Sentiment: Analyst downgrades and price‑target cuts — Citi and other firms have trimmed targets (Citigroup noted a move to $278), reflecting dimmer near‑term expectations and pressuring investor confidence. Citigroup Lowers Adobe (NASDAQ:ADBE) Price Target to $278.00
• Negative Sentiment: CEO transition / governance uncertainty — Banks including Goldman flag that uncertainty until Adobe names a new CEO is a material near‑term risk; leadership change has sapped confidence despite a planned phased transition. Goldman Sachs Sounds the Alarm on Adobe Stock
• Negative Sentiment: Competitive AI risk — Google’s revamped Stitch product, pitched to turn plain language into high‑fidelity interfaces, is being cited as incremental competitive risk to parts of Adobe’s design/UX franchise. Adobe Stock Drops After Google’s Stitch Redesign
• Negative Sentiment: Questions on metrics, moat and monetization — Critical research pieces highlight KPI reporting changes (Digital Media ARR → Total ARR) and potential AI cannibalization of legacy revenue, raising execution and pricing‑power concerns. Adobe: 3 Reasons Not To Buy, 1 Reason Not To Sell After Q1
• Negative Sentiment: Regulatory / settlement hit — Ongoing fallout from subscription cancellation practices has led to settlements and roughly $150M of consumer remediation/penalties in the headlines, a near‑term cash/PR drag. Adobe agrees to settle over cancellation policy with $150 million agreement

Adobe 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.