Based on ratings from 28 stock analysts, the Adobe Inc stock price is expected to increase by 21.55% in 12 months. This is calculated by using the average 12-month stock price forecast for Adobe Inc. The lowest target is $465.00 and the highest is $730.00. Please note analyst price targets are not guaranteed and could be missed completely.
Adobe Inc has a total of 28 Wall St Analyst ratings. There are 23 buy ratings, 3 ratings, and 2 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Adobe Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
jake roberge William Blair | Buy | None | maintained | Feb 5, 2024 |
michael turrin Wells Fargo | Buy | $690.0 | maintained | Jan 26, 2024 |
stefan slowinski Exane BNP Paribas | Sell | $499.0 | downgraded | Jan 18, 2024 |
matthew swanson RBC Capital | Buy | $650.0 | maintained | Jan 7, 2024 |
brent bracelin Piper Sandler | Buy | $705.0 | rated | Jan 2, 2024 |
paul chew Phillip Securities | Sell | $465.0 | maintained | Dec 19, 2023 |
mark murphy J.P. Morgan | Hold | $600.0 | maintained | Dec 18, 2023 |
tyler radke Citi | Hold | $632.0 | maintained | Dec 18, 2023 |
gregg moskowitz Mizuho Securities | Buy | $680.0 | maintained | Dec 18, 2023 |
saket kalia Barclays | Buy | $700.0 | upgraded | Dec 18, 2023 |
brent thill Jefferies | Buy | $700.0 | rated | Dec 18, 2023 |
ingo wermann DZ BANK AG | Buy | $650.0 | maintained | Dec 18, 2023 |
mark moerdler Bernstein | Buy | $667.0 | maintained | Dec 18, 2023 |
kirk materne Evercore ISI | Buy | $700.0 | reiterated | Dec 18, 2023 |
bradley sills Bank of America Securities | Buy | $700.0 | maintained | Dec 18, 2023 |
joseph bonner Argus Research | Buy | $675.0 | maintained | Dec 15, 2023 |
gil luria D.A. Davidson | Buy | $685.0 | reiterated | Dec 14, 2023 |
j. parker lane Stifel Nicolaus | Buy | $625.0 | maintained | Dec 14, 2023 |
robert oliver Robert W. Baird | Hold | $590.0 | rated | Dec 14, 2023 |
brian schwartz Oppenheimer | Buy | $660.0 | rated | Dec 14, 2023 |
Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, and communicators. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. It also provides consulting, technical support, and learning services. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.
When did it IPO
1986
Staff Count
29,945
Country
United States
Sector/Industry
Technology/Software - Infrastructure
CEO
Mr. Shantanu Narayen
Market Cap
$243.41B
In 2023, ADBE generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ADBE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
PEP-USD
$166.32
$181.86
CSCO-USD
$48.48
INTC-USD
$44.52
INTU-USD
$645.91
QCOM-USD
$152.69