Analyst Expectations For Adobe's Future


Analysts' ratings for Adobe ADBE over the last quarter vary from bullish to bearish, as provided by 26 analysts.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 16 4 1 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 5 15 4 1 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $626.77, a high estimate of $705.00, and a low estimate of $445.00. A decline of 5.02% from the prior average price target is evident in the current average.

Interpreting Analyst Ratings: A Closer Look

The analysis of recent analyst actions sheds light on the perception of Adobe by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Brian Schwartz Oppenheimer Lowers Outperform $580.00 $660.00
Gil Luria DA Davidson Maintains Buy $685.00 $685.00
Gregg Moskowitz Mizuho Maintains Buy $680.00 $680.00
Matthew Hedberg RBC Capital Maintains Outperform $630.00 -
Kirk Materne Evercore ISI Group Maintains Outperform $650.00 $650.00
Keith Bachman BMO Capital Maintains Outperform $610.00 $610.00
Brian Schwartz Oppenheimer Maintains Outperform $660.00 $660.00
Brent Bracelin Piper Sandler Maintains Overweight $700.00 $700.00
Jason Ader Keybanc Announces Underweight $445.00 -
Derrick Wood TD Cowen Lowers Outperform $640.00 $650.00
Brad Sills B of A Securities Lowers Buy $640.00 $700.00
Matthew Hedberg RBC Capital Lowers Outperform $630.00 $650.00
Keith Bachman BMO Capital Lowers Outperform $610.00 $660.00
Parker Lane Stifel Lowers Buy $625.00 $650.00
Gil Luria DA Davidson Maintains Buy $685.00 $685.00
Karl Keirstead UBS Lowers Neutral $540.00 $600.00
Kirk Materne Evercore ISI Group Lowers Outperform $650.00 $700.00
Brian Schwartz Oppenheimer Maintains Outperform $660.00 $660.00
Michael Turrin Wells Fargo Lowers Overweight $675.00 $690.00
Stephen Bersey HSBC Lowers Hold $511.00 $557.00
Rob Oliver Baird Lowers Neutral $525.00 $590.00
Saket Kalia Barclays Lowers Overweight $630.00 $700.00
Mark Murphy JP Morgan Lowers Neutral $570.00 $600.00
Brent Bracelin Piper Sandler Lowers Overweight $700.00 $705.00
Brent Bracelin Piper Sandler Maintains Overweight $705.00 $705.00
Keith Bachman BMO Capital Lowers Outperform $660.00 $690.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Adobe. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Adobe compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Adobe's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Capture valuable insights into Adobe's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Adobe analyst ratings.

Get to Know Adobe Better

Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizin,g and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

Adobe's Economic Impact: An Analysis

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Revenue Growth: Over the 3 months period, Adobe showcased positive performance, achieving a revenue growth rate of 11.32% as of 29 February, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 11.96%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Adobe's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 3.88%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Adobe's ROA stands out, surpassing industry averages. With an impressive ROA of 2.12%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.26.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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