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Adobe (ADBE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ADBE Stock Forecast

Adobe stock forecast is as follows: an average price target of $614.25 (represents a 34.93% upside from ADBE’s last price of $455.23) and a rating consensus of 'Buy', based on 32 wall street analysts offering a 1-year stock forecast.

ADBE Price Target

The average price target for Adobe (ADBE) is $614.25 based on 1-year price targets from 32 Wall Street analysts in the past 3 months, with a price target range of $685.00 to $450.00. This represents a potential 34.93% upside from ADBE's last price of $455.23.

ADBE Analyst Ratings

Buy

According to 32 Wall Street analysts, Adobe's rating consensus is 'Buy'. The analyst rating breakdown for ADBE stock is 0 'Strong Buy' (0.00%), 23 'Buy' (71.88%), 8 'Hold' (25.00%), 1 'Sell' (3.13%), and 0 'Strong Sell' (0.00%).

Adobe Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 16, 2024Joseph BonnerArgus Research$675.00$532.5826.74%48.28%
Sep 13, 2024Jackson AderLoop Capital Markets$450.00$531.38-15.31%-1.15%
Sep 13, 2024Alex ZukinRBC Capital$610.00$586.554.00%34.00%
Sep 13, 2024Mark MoerdlerBernstein$644.00$586.559.79%41.47%
Sep 13, 2024Alex ZukinWolfe Research$685.00$586.5516.78%50.47%
Sep 13, 2024Tyler RadkeCitigroup$616.00$586.555.02%35.32%
Sep 13, 2024Stephen BerseyHSBC$536.00$586.55-8.62%17.74%
Sep 12, 2024Brent BracelinPiper Sandler$635.00$584.458.65%39.49%
Sep 12, 2024Brian SchwartzOppenheimer$625.00$584.456.94%37.29%
Sep 12, 2024Karl KeirsteadUBS$600.00$584.452.66%31.80%
Sep 10, 2024Tyler RadkeCitigroup$621.00$574.628.07%36.41%
Sep 06, 2024Parker LaneStifel Nicolaus$650.00$567.9314.45%42.78%
Jul 02, 2024Saiyi HeCMB International Securities$645.00$560.0115.18%41.69%
Jun 17, 2024Mark MoerdlerBernstein$660.00$513.3328.57%44.98%
Jun 14, 2024Brad SillsBank of America Securities$640.00$525.0321.90%40.59%
Jun 14, 2024Keith BachmannBMO Capital$580.00$525.3310.41%27.41%
Jun 14, 2024Michael TurrinWells Fargo$700.00$458.7452.59%53.77%
Jun 14, 2024Rob OliverRobert W. Baird$545.00$524.703.87%19.72%
Jun 14, 2024Saket KaliaBarclays$650.00$525.3123.74%42.78%
Jun 14, 2024Jackson AderKeyBanc$450.00$525.67-14.39%-1.15%
Jun 13, 2024Tyler RadkeCitigroup$529.00$459.2415.19%16.20%
Jun 10, 2024Keith WeissMorgan Stanley$660.00$465.4341.80%44.98%
Jun 07, 2024Gregg MoskowitzMizuho Securities$640.00$458.1339.70%40.59%
Jun 07, 2024Brad ZelnickDeutsche Bank$650.00$458.1341.88%42.78%
Jun 06, 2024Brian SchwartzOppenheimer$580.00$455.8027.25%27.41%
May 17, 2024Gil LuriaD.A. Davidson$685.00$482.8841.86%50.47%
Mar 27, 2024Mark MurphyDNB Markets$570.00$503.4413.22%25.21%
Mar 27, 2024Keith BachmanLoop Capital Markets$610.00$503.4421.17%34.00%
Mar 15, 2024Kash RanganGoldman Sachs$640.00$490.8730.38%40.59%
Mar 15, 2024Stephen BerseyHSBC$511.00$492.463.76%12.25%
Mar 15, 2024Angelo ZinoCFRA$630.00$492.4627.93%38.39%
Mar 15, 2024Keith BachmannBMO Capital$610.00$492.4623.87%34.00%
Mar 15, 2024Michael TurrinWells Fargo$675.00$492.4637.07%48.28%
Mar 15, 2024Ben ReitzesMelius Research$685.00$492.4639.10%50.47%
Mar 15, 2024Rob OliverRobert W. Baird$525.00$492.466.61%15.33%
Mar 15, 2024Matthew SwansonRBC Capital$630.00$492.4627.93%38.39%
Mar 15, 2024Karl KeirsteadUBS$540.00$492.469.65%18.62%
Mar 15, 2024Brent BracelinPiper Sandler$700.00$492.4642.14%53.77%
Mar 13, 2024Brent BracelinPiper Sandler$705.00$574.1722.79%54.87%
Dec 14, 2023Gregg MoskowitzMizuho Securities$680.00$583.4316.55%49.38%
Dec 14, 2023Matthew SwansonRBC Capital$615.00$583.435.41%35.10%
Dec 14, 2023Parker LaneStifel Nicolaus$625.00$583.437.13%37.29%
Dec 14, 2023Brent BracelinPiper Sandler$650.00$624.264.12%42.78%
Dec 12, 2023Brad ZelnickDeutsche Bank$610.00$629.72-3.13%34.00%
Dec 12, 2023Alex ZukinWolfe Research$650.00$629.723.22%42.78%
Dec 04, 2023Freddy ChenKGI Securities$730.00$604.5620.75%60.36%
Nov 10, 2023Keith BachmanLoop Capital Markets$670.00$597.2212.19%47.18%
Oct 26, 2023Brian SchwartzOppenheimer$660.00$512.4928.78%44.98%
Sep 15, 2023Brent BracelinPiper Sandler$650.00$528.8922.90%42.78%
Sep 15, 2023Matthew SwansonRBC Capital$615.00$528.8916.28%35.10%
Sep 15, 2023Keith BachmanBMO Capital$645.00$528.8921.95%41.69%
Sep 15, 2023Keith BachmanLoop Capital Markets$645.00$528.8921.95%41.69%
Sep 15, 2023Kash RanganGoldman Sachs$625.00$528.8918.17%37.29%
Sep 14, 2023Saket KaliaBarclays$620.00$549.2012.89%36.19%
Sep 14, 2023Keith BachmanBMO Capital$640.00$549.2016.53%40.59%
Sep 14, 2023Brent ThillJefferies$660.00$549.2020.17%44.98%
Jun 16, 2023Gregg MoskowitzMizuho Securities$520.00$502.963.39%14.23%
Jun 16, 2023Brad SillsLoop Capital Markets$575.00$502.9614.32%26.31%
Jun 16, 2023Matthew SwansonRBC Capital$555.00$502.9610.35%21.92%
Jun 15, 2023Brent ThillJefferies$530.00$479.5310.52%16.42%
Jun 15, 2023Keith WeissMorgan Stanley$470.00$479.53-1.99%3.24%
Mar 16, 2023Brent BracelinPiper Sandler$415.00$352.1617.84%-8.84%
Mar 16, 2023Parker LaneStifel Nicolaus$400.00$352.1413.59%-12.13%
Mar 16, 2023Keith BachmanLoop Capital Markets$400.00$352.1413.59%-12.13%
Mar 15, 2023Keith WeissMorgan Stanley$382.00$333.3314.60%-16.09%
Mar 15, 2023Keith BachmanBMO Capital$395.00$333.3318.50%-13.23%
Dec 19, 2022Citigroup$355.00$338.544.86%-22.02%
Dec 16, 2022BMO Capital$390.00$343.5013.54%-14.33%
Dec 16, 2022Deutsche Bank$430.00$346.4224.13%-5.54%
Dec 16, 2022Piper Sandler$380.00$328.7115.60%-16.53%
Dec 12, 2022Matthew SwansonRBC Capital$395.00$336.5317.37%-13.23%
Dec 12, 2022Citigroup$337.00$335.930.32%-25.97%
Nov 27, 2022Dylan TokarNew Street$200.00$334.30-40.17%-56.07%
Oct 19, 2022Phil WinslowCredit Suisse$325.00$299.838.39%-28.61%
Oct 19, 2022Keith BachmanBMO Capital$332.00$299.8310.73%-27.07%
Oct 19, 2022Gregg MoskowitzMizuho Securities$360.00$299.8320.07%-20.92%
Sep 16, 2022Alex ZukinWolfe Research$340.00$309.139.99%-25.31%
Sep 16, 2022Bradley SillsBank of America Securities$350.00$309.1313.22%-23.12%
Sep 16, 2022Kirk MaterneEvercore ISI$350.00$299.5016.86%-23.12%
Sep 16, 2022J. Parker LaneStifel Nicolaus$375.00$299.5025.21%-17.62%
Sep 16, 2022Bradley SillsBank of America Securities$350.00$299.5016.86%-23.12%
Sep 16, 2022J. Parker LaneStifel Nicolaus$375.00$309.1321.31%-17.62%
Sep 16, 2022Matthew SwansonRBC Capital$425.00$299.5041.90%-6.64%
Sep 15, 2022Brent ThillJefferies$475.00$309.1353.66%4.34%
Sep 15, 2022Tyler RadkeCitigroup$388.00$309.1325.51%-14.77%
Sep 13, 2022Market PerformNew Street$435.00$379.2514.70%-4.44%
Sep 12, 2022Gregg MoskowitzMizuho Securities$440.00$393.8911.71%-3.35%
Sep 05, 2022Brent ThillJefferies$475.00$368.1429.03%4.34%
Jun 17, 2022Brian SchwartzOppenheimer$400.00$365.089.57%-12.13%
Jun 17, 2022J. Parker LaneStifel Nicolaus$500.00$365.0836.96%9.83%
Jun 17, 2022Robert OliverRobert W. Baird$450.00$365.0823.26%-1.15%
Jun 17, 2022Kirk MaterneEvercore ISI$475.00$365.0830.11%4.34%
Jun 17, 2022Bradley SillsBank of America Securities$450.00$365.0823.26%-1.15%
Jun 17, 2022Michael TurrinWells Fargo$425.00$365.0816.41%-6.64%
Jun 17, 2022Brent ThillJefferies$500.00$365.0836.96%9.83%
Jun 17, 2022J. Parker LaneStifel Nicolaus$500.00$365.0836.96%9.83%
Jun 14, 2022Matthew HedbergRBC Capital$500.00$372.4234.26%9.83%
Jun 14, 2022Tyler RadkeCitigroup$425.00$370.8214.61%-6.64%
Jun 14, 2022Matthew SwansonRBC Capital$500.00$370.8234.84%9.83%
Jun 14, 2022Keith BachmanBMO Capital$450.00$370.8221.35%-1.15%
Jun 13, 2022Keith WeissMorgan Stanley$591.00$371.6559.02%29.82%
Jun 10, 2022Gregg MoskowitzMizuho Securities$530.00$396.1333.79%16.42%
Jun 09, 2022Derrick WoodCowen & Co.$550.00$426.4228.98%20.82%
May 24, 2022Brent ThillJefferies$550.00$406.7635.21%20.82%
Apr 02, 2022Joseph BonnerArgus Research$575.00$458.1925.49%26.31%
Mar 23, 2022Keith BachmanBMO Capital$535.00$422.9026.51%17.52%
Mar 23, 2022Brent BracelinPiper Sandler$545.00$422.9028.87%19.72%
Mar 23, 2022Kash RanganGoldman Sachs$605.00$422.9043.06%32.90%
Mar 23, 2022Kirk MaterneEvercore ISI$650.00$422.9053.70%42.78%
Mar 23, 2022Jay VleeschhouwerGriffin$640.00$422.9051.34%40.59%
Mar 23, 2022Robert OliverRobert W. Baird$550.00$422.9030.05%20.82%
Mar 23, 2022J. Parker LaneStifel Nicolaus$600.00$422.9041.88%31.80%
Mar 23, 2022Bradley SillsBank of America Securities$560.00$422.9032.42%23.01%
Mar 23, 2022Brent ThillJefferies$570.00$422.9034.78%25.21%
Mar 22, 2022Michael TurrinWells Fargo$625.00$466.4533.99%37.29%
Mar 22, 2022Sterling AutyJ.P. Morgan$540.00$466.4515.77%18.62%
Mar 21, 2022Matthew SwansonRBC Capital$600.00$453.5932.28%31.80%
Mar 20, 2022Keith WeissMorgan Stanley$652.00$453.3343.82%43.22%
Mar 18, 2022Tyler RadkeCitigroup$455.00$453.330.37%-0.05%
Mar 12, 2022Gregg MoskowitzMizuho Securities$600.00$416.3844.10%31.80%
Feb 23, 2022Karl KeirsteadUBS$460.00$429.457.11%1.05%
Jan 29, 2022Brad ZelnickDeutsche Bank$660.00$518.1627.37%44.98%
Jan 14, 2022Brent BracelinPiper Sandler$600.00$520.6015.25%31.80%
Jan 05, 2022Karl KeirsteadUBS$575.00$514.4311.77%26.31%
Dec 20, 2021Dimitri KallianiotisAtlantic Equities$630.00$549.7714.59%38.39%
Dec 17, 2021Parker LaneStifel Nicolaus$700.00$556.6425.75%53.77%

The latest Adobe stock forecast, released on Sep 16, 2024 by Joseph Bonner from Argus Research, set a price target of $675.00, which represents a 26.74% increase from the stock price at the time of the forecast ($532.58), and a 48.28% increase from ADBE last price ($455.23).

Adobe Price Target by Period

1M3M12M
# Anlaysts--39
Avg Price Target--$615.18
Last Closing Price$455.23$455.23$455.23
Upside/Downside-100.00%-100.00%35.14%

In the current month, the average price target of Adobe stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Adobe's last price of $455.23. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024CitigroupNeutralNeutralHold
Dec 05, 2024RBC CapitalOutperformOutperformHold
Oct 17, 2024CitigroupNeutralNeutralHold
Oct 15, 2024JMP SecuritiesMarket PerformMarket PerformHold
Oct 15, 2024Goldman SachsBuyBuyHold
Oct 15, 2024KeyBancUnderweightUnderweightHold
Oct 15, 2024UBSBuyBuyHold
Oct 15, 2024BMO CapitalOutperformOutperformHold
Oct 15, 2024Piper SandlerOverweightOverweightHold
Oct 15, 2024Morgan StanleyOverweightOverweightHold
Oct 15, 2024RBC CapitalOutperformOutperformHold
Oct 14, 2024Evercore ISIOutperformOutperformHold
Oct 11, 2024Cowen & Co.BuyBuyHold
Sep 13, 2024Bank of America SecuritiesBuyBuyHold
Sep 13, 2024KeyBancUnderweightUnderweightHold
Sep 13, 2024BMO CapitalOutperformOutperformHold
Sep 13, 2024RBC CapitalOutperformOutperformHold
Sep 13, 2024Cowen & Co.BuyBuyHold
Sep 13, 2024Wolfe ResearchOutperformOutperformHold
Sep 13, 2024Goldman SachsBuyBuyHold
Sep 13, 2024HSBCHoldHoldHold
Sep 12, 2024Evercore ISIOutperformOutperformHold
Sep 12, 2024Piper SandlerOverweightOverweightHold
Sep 12, 2024UBSNeutralNeutralHold
Sep 12, 2024BernsteinOutperformOutperformHold
Sep 10, 2024CitigroupNeutralNeutralHold
Sep 04, 2024Wells FargoBuyBuyHold
Sep 04, 2024OppenheimerOutperformOutperformHold
Sep 04, 2024Wells FargoOverweightOverweightHold
Sep 04, 2024BarclaysOverweightOverweightHold
Jul 12, 2024BernsteinOutperformOutperformHold
Jul 12, 2024BenchmarkBuyBuyHold
Jul 12, 2024OppenheimerOutperformOutperformHold
Jul 12, 2024Cowen & Co.BuyBuyHold
Jul 12, 2024Deutsche BankBuyBuyHold
Jul 12, 2024Goldman SachsNeutralNeutralHold
Jul 12, 2024Piper SandlerOverweightOverweightHold
Jul 12, 2024NeedhamBuyBuyHold
Jul 12, 2024Wells FargoBuyBuyHold
Jul 02, 2024CMB International SecuritiesBuyInitialise
Jun 17, 2024BernsteinOutperformOutperformHold
Jun 14, 2024KeyBancUnderweightUnderweightHold
Jun 14, 2024Goldman SachsBuyBuyHold
Jun 14, 2024BarclaysOverweightOverweightHold
Jun 13, 2024CitigroupNeutralNeutralHold
Jun 13, 2024BMO CapitalOutperformOutperformHold
Jun 10, 2024Morgan StanleyOverweightOverweightHold
Jun 10, 2024Cowen & Co.BuyBuyHold
Jun 07, 2024Deutsche BankBuyBuyHold
Jun 07, 2024Evercore ISIOutperformOutperformHold
Jun 06, 2024Wells FargoBuyBuyHold
Jun 06, 2024OppenheimerOutperformOutperformHold
Jun 05, 2024RBC CapitalOutperformOutperformHold
May 28, 2024Wells FargoOverweightOverweightHold
Mar 27, 2024BMO CapitalOutperformOutperformHold
Mar 27, 2024Bank of America SecuritiesBuyBuyHold
Mar 27, 2024Wells FargoBuyBuyHold
Mar 15, 2024BarclaysOverweightOverweightHold
Mar 15, 2024Piper SandlerNeutralNeutralHold
Mar 15, 2024Piper SandlerOverweightOverweightHold
Mar 11, 2024Sandler O'NeillBuyBuyHold
Jan 18, 2024Sandler O'NeillBuyBuyHold
Jan 18, 2024Sandler O'NeilUnderperformUnderperformHold
Dec 18, 2023BarclaysEqual-WeightOverweightUpgrade
Dec 14, 2023JMP SecuritiesMarket OutperformMarket OutperformHold
Dec 14, 2023RBC CapitalOutperformOutperformHold
Dec 14, 2023Piper SandlerOverweightOverweightHold
Dec 12, 2023Wolfe ResearchOutperformOutperformHold
Dec 12, 2023BarclaysEqual-WeightEqual-WeightHold
Dec 12, 2023Deutsche BankBuyBuyHold
Dec 12, 2023CitigroupNeutralNeutralHold
Dec 08, 2023BMO CapitalOutperformOutperformHold
Dec 04, 2023KGI SecuritiesOutperformUpgrade
Nov 10, 2023BMO CapitalOutperformOutperformHold
Oct 26, 2023OppenheimerPerformOutperformUpgrade
Oct 06, 2023BMO CapitalOutperformOutperformHold
Sep 15, 2023Goldman SachsBuyBuyHold
Sep 15, 2023Piper SandlerOverweightOverweightHold
Sep 14, 2023UBSNeutralNeutralHold
Sep 14, 2023Cowen & Co.OutperformOutperformHold
Sep 14, 2023BarclaysEqual-WeightEqual-WeightHold
Sep 14, 2023JefferiesBuyBuyHold
Sep 12, 2023BMO CapitalOutperformOutperformHold
Aug 17, 2023JefferiesBuyHoldDowngrade
Aug 17, 2023Alliance Global PartnersNeutralDowngrade
Aug 17, 2023BarclaysOverweightBuyUpgrade
Jul 31, 2023Morgan StanleyEqual-WeightOverweightUpgrade
Jun 21, 2023Evercore ISIOutperformInitialise
Jun 21, 2023NeedhamHoldDowngrade
Jun 21, 2023BMO CapitalMarket PerformOutperformUpgrade
Jun 16, 2023OppenheimerPerformPerformHold
Jun 16, 2023William BlairOutperformOutperformHold
Jun 16, 2023Bank of America SecuritiesNeutralNeutralHold
Jun 16, 2023Mizuho SecuritiesNeutralNeutralHold
Jun 16, 2023Wells FargoOverweightOverweightHold
Jun 16, 2023RBC CapitalOutperformOutperformHold
Jun 15, 2023Piper SandlerOverweightOverweightHold
Jun 15, 2023BMO CapitalMarket PerformMarket PerformHold
Jun 15, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Jun 15, 2023JefferiesBuyBuyHold
Jun 09, 2023Wells FargoBuyOverweightUpgrade
Jun 06, 2023BarclaysOverweightOverweightHold
Mar 17, 2023Credit SuisseNeutralNeutralHold
Mar 16, 2023OppenheimerPerformPerformHold
Mar 16, 2023RBC CapitalOutperformOutperformHold
Mar 16, 2023CitigroupNeutralNeutralHold
Mar 15, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Mar 15, 2023Piper SandlerOverweightOverweightHold
Mar 15, 2023UBSNeutralNeutralHold
Mar 15, 2023Wolfe ResearchOutperformOutperformHold
Mar 15, 2023BMO CapitalMarket PerformMarket PerformHold
Jan 09, 2023Piper SandlerOverweightOverweightHold
Dec 16, 2022BMO CapitalPerformPerformHold
Dec 16, 2022JMP SecuritiesMarket PerformMarket PerformHold
Dec 16, 2022Morgan StanleyNeutralNeutralHold
Dec 16, 2022BMO CapitalMarket PerformMarket PerformHold
Dec 16, 2022Deutsche BankBuyBuyHold
Dec 16, 2022Piper SandlerOverweightOverweightHold
Dec 12, 2022RBC CapitalOutperformOutperformHold
Dec 12, 2022CitigroupNeutralNeutralHold
Oct 19, 2022BMO CapitalMarket PerformMarket PerformHold
Oct 19, 2022RBC CapitalOutperformOutperformHold
Oct 19, 2022Credit SuisseNeutralNeutralHold
Sep 26, 2022Wells FargoOverweightBuyDowngrade
Sep 19, 2022Edward JonesHoldDowngrade
Sep 16, 2022Wolfe ResearchBuyBuyHold
Sep 16, 2022RBC CapitalOutperformOutperformHold
Sep 16, 2022BarclaysNeutralNeutralHold
Sep 16, 2022Deutsche BankBuyBuyHold
Sep 16, 2022Piper SandlerOverweightOverweightHold
Sep 16, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Sep 16, 2022BarclaysEqual-WeightDowngrade
Sep 15, 2022CitigroupNeutralNeutralHold
Sep 05, 2022JefferiesBuyBuyHold
Jun 29, 2022CFRABuyBuyHold
Jun 14, 2022RBC CapitalOutperformOutperformHold
Jun 14, 2022CitigroupNeutralNeutralHold
Jun 14, 2022BMO CapitalOutperformOutperformHold
Jun 13, 2022Cowen & Co.OutperformOutperformHold
May 24, 2022JefferiesBuyBuyHold
May 20, 2022Wells FargoOverweightOverweightHold
Mar 26, 2022JefferiesBuyBuyHold
Mar 12, 2022Mizuho SecuritiesBuyBuyHold
Jan 29, 2022Deutsche BankBuyBuyHold
Jan 14, 2022Piper SandlerOverweightOverweightHold
Nov 26, 2021Atlantic EquitiesNeutralUpgrade
Jun 19, 2021Goldman SachsOverweightOverweightHold
Sep 19, 2020OppenheimerBuyUpgrade

Adobe's last stock rating was published by Citigroup on Dec 09, 2024. The company gave ADBE a "Neutral" rating, the same as its previous rate.

Adobe Financial Forecast

Adobe Revenue Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20
Revenue----------------$5.05B-$4.82B----$4.26B---$3.90B$3.42B$3.23B
Avg Forecast$7.33B$7.10B$6.97B$6.81B$6.70B$6.49B$6.38B$6.21B$6.12B$5.92B$5.80B$5.66B$5.54B$5.37B$5.29B$5.14B$5.01B$4.87B$4.77B$4.62B$3.73B$4.44B$4.34B$4.24B$4.09B$3.89B$3.73B$3.75B$3.36B$3.16B
High Forecast$7.39B$7.16B$7.03B$6.87B$6.76B$6.55B$6.43B$6.26B$6.17B$5.97B$5.85B$5.69B$5.55B$5.37B$5.29B$5.15B$5.02B$4.91B$4.81B$4.66B$4.47B$4.49B$4.39B$4.29B$4.13B$3.94B$3.77B$3.80B$3.40B$3.19B
Low Forecast$7.29B$7.06B$6.94B$6.78B$6.67B$6.46B$6.35B$6.18B$6.09B$5.89B$5.78B$5.64B$5.52B$5.37B$5.29B$5.13B$5.00B$4.85B$4.75B$4.60B$2.98B$4.41B$4.32B$4.21B$4.06B$3.87B$3.70B$3.73B$3.34B$3.14B
# Analysts8128888148147917191581217137613814716811899
Surprise %----------------1.01%-1.01%----1.01%---1.04%1.02%1.02%

Adobe's average Quarter revenue forecast for Feb 24 based on 12 analysts is $5.14B, with a low forecast of $5.13B, and a high forecast of $5.15B. ADBE's average Quarter revenue forecast represents a 1.89% increase compared to the company's last Quarter revenue of $5.05B (Nov 23).

Adobe EBITDA Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20
# Analysts8128888148147917191581217137613814716811899
EBITDA----------------$2.05B-$1.89B----$1.79B---$1.66B$1.41B$1.28B
Avg Forecast$2.83B$2.74B$2.69B$2.63B$2.59B$2.51B$2.46B$2.40B$2.36B$2.29B$2.24B$2.19B$2.14B$2.08B$2.04B$1.64B$1.94B$1.88B$1.84B$1.49B$1.54B$1.74B$1.70B$1.35B$1.60B$1.53B$1.46B$1.23B$1.32B$1.24B
High Forecast$2.85B$2.76B$2.72B$2.65B$2.61B$2.53B$2.48B$2.42B$2.38B$2.31B$2.26B$2.20B$2.14B$2.08B$2.04B$1.97B$1.94B$1.90B$1.86B$1.79B$1.85B$1.76B$1.72B$1.63B$1.62B$1.54B$1.48B$1.48B$1.33B$1.25B
Low Forecast$2.82B$2.73B$2.68B$2.62B$2.58B$2.50B$2.45B$2.39B$2.35B$2.28B$2.23B$2.18B$2.13B$2.08B$2.04B$1.31B$1.93B$1.87B$1.84B$1.19B$1.23B$1.73B$1.69B$1.08B$1.59B$1.52B$1.45B$985.21M$1.31B$1.23B
Surprise %----------------1.06%-1.03%----1.32%---1.35%1.07%1.03%

12 analysts predict ADBE's average Quarter EBITDA for Feb 24 to be $1.64B, with a high of $1.97B and a low of $1.31B. This is -20.20% lower than Adobe's previous annual EBITDA (Nov 23) of $2.05B.

Adobe Net Income Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20
# Analysts8128888148147917191581217137613814716811899
Net Income----------------$1.48B-$1.29B----$1.27B---$1.26B$2.25B$955.00M
Avg Forecast$2.95B$2.89B$2.80B$2.76B$2.65B$2.58B$2.50B$2.45B$2.34B$2.28B$2.22B$2.20B$2.07B$2.01B$1.94B$1.37B$1.83B$1.76B$1.68B$1.25B$2.45B$1.50B$1.48B$1.13B$1.43B$1.35B$1.26B$1.03B$1.19B$1.08B
High Forecast$2.99B$2.92B$2.83B$2.79B$2.68B$2.60B$2.53B$2.48B$2.37B$2.31B$2.24B$2.25B$2.08B$2.01B$1.94B$1.65B$1.84B$1.78B$1.70B$1.50B$2.94B$1.52B$1.50B$1.36B$1.45B$1.37B$1.28B$1.24B$1.21B$1.10B
Low Forecast$2.94B$2.87B$2.78B$2.75B$2.63B$2.56B$2.49B$2.43B$2.33B$2.27B$2.20B$2.17B$2.05B$2.01B$1.94B$1.10B$1.82B$1.75B$1.67B$998.64M$1.96B$1.49B$1.47B$907.86M$1.42B$1.34B$1.25B$825.33M$1.18B$1.07B
Surprise %----------------0.81%-0.77%----1.12%---1.22%1.89%0.88%

Adobe's average Quarter net income forecast for Feb 24 is $1.37B, with a range of $1.10B to $1.65B. ADBE's average Quarter net income forecast represents a -7.41% decrease compared to the company's last Quarter net income of $1.48B (Nov 23).

Adobe SG&A Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20
# Analysts8128888148147917191581217137613814716811899
SG&A----------------$1.74B-$1.70B----$1.43B---$1.34B$1.18B$1.12B
Avg Forecast$2.59B$2.51B$2.46B$2.40B$2.37B$2.29B$2.25B$2.19B$2.16B$2.09B$2.05B$2.00B$1.96B$1.90B$1.87B$1.62B$1.77B$1.72B$1.69B$1.47B$1.29B$1.57B$1.53B$1.34B$1.44B$1.38B$1.32B$1.22B$1.19B$1.12B
High Forecast$2.61B$2.53B$2.48B$2.42B$2.39B$2.31B$2.27B$2.21B$2.18B$2.11B$2.07B$2.01B$1.96B$1.90B$1.87B$1.95B$1.77B$1.73B$1.70B$1.77B$1.55B$1.59B$1.55B$1.61B$1.46B$1.39B$1.33B$1.46B$1.20B$1.13B
Low Forecast$2.58B$2.49B$2.45B$2.39B$2.36B$2.28B$2.24B$2.18B$2.15B$2.08B$2.04B$1.99B$1.95B$1.90B$1.87B$1.30B$1.77B$1.71B$1.68B$1.18B$1.03B$1.56B$1.52B$1.07B$1.43B$1.37B$1.31B$974.83M$1.18B$1.11B
Surprise %----------------0.98%-1.01%----1.06%---1.10%1.00%1.01%

Adobe's average Quarter SG&A projection for Feb 24 is $1.62B, based on 12 Wall Street analysts, with a range of $1.30B to $1.95B. The forecast indicates a -6.79% fall compared to ADBE last annual SG&A of $1.74B (Nov 23).

Adobe EPS Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20
# Analysts8128888148147917191581217137613814716811899
EPS----------------$3.26-$2.83----$2.68---$2.63$4.69$1.99
Avg Forecast$6.67$6.52$6.32$6.24$5.97$5.81$5.65$5.53$5.29$5.16$5.00$4.97$4.67$4.53$4.39$4.38$4.13$3.98$3.79$3.68$1.95$3.35$3.31$3.34$3.20$3.01$2.81$2.79$2.66$2.41
High Forecast$6.74$6.60$6.39$6.31$6.04$5.88$5.71$5.59$5.35$5.21$5.06$5.08$4.69$4.53$4.39$4.38$4.15$4.02$3.83$3.72$1.98$3.39$3.35$3.39$3.25$3.06$2.86$2.83$2.70$2.45
Low Forecast$6.63$6.49$6.28$6.20$5.94$5.78$5.62$5.50$5.26$5.13$4.97$4.89$4.64$4.53$4.39$4.38$4.11$3.96$3.77$3.66$1.94$3.32$3.28$3.32$3.17$2.99$2.79$2.76$2.64$2.39
Surprise %----------------0.79%-0.75%----0.80%---0.94%1.77%0.83%

According to 12 Wall Street analysts, Adobe's projected average Quarter EPS for Feb 24 is $4.38, with a low estimate of $4.38 and a high estimate of $4.38. This represents a 34.28% increase compared to ADBE previous annual EPS of $3.26 (Nov 23).

Adobe Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PANWPalo Alto Networks$201.24$400.2998.91%Buy
ADBEAdobe$455.23$614.2534.93%Buy
OKTAOkta$85.42$93.389.32%Hold
MSFTMicrosoft$454.46$495.879.11%Buy
ZSZscaler$200.45$209.914.72%Buy
SQBlock$94.55$92.33-2.35%Buy
CRWDCrowdStrike$376.42$349.42-7.17%Buy
NETCloudflare$117.56$89.75-23.66%Hold
PLTRPalantir$74.39$42.17-43.31%Hold

ADBE Forecast FAQ

Is Adobe a good buy?

Yes, according to 32 Wall Street analysts, Adobe (ADBE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 23 'Buy' recommendations, accounting for 71.88% of ADBE's total ratings.

What is ADBE's price target?

Adobe (ADBE) average price target is $614.25 with a range of $450 to $685, implying a 34.93% from its last price of $455.23. The data is based on 32 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Adobe stock go up soon?

According to Wall Street analysts' prediction for ADBE stock, the company can go up by 34.93% (from the last price of $455.23 to the average price target of $614.25), up by 50.47% based on the highest stock price target, and down by -1.15% based on the lowest stock price target.

Can Adobe stock reach $700?

ADBE's average twelve months analyst stock price target of $614.25 does not support the claim that Adobe can reach $700 in the near future.

What are Adobe's analysts' financial forecasts?

Adobe's analysts financial forecasts for the fiscal year (Nov 2026) are as follows: average revenue is $25.78B (high $26B, low $25.66B), average EBITDA is $9.96B (high $10.04B, low $9.92B), average net income is $10.18B (high $10.29B, low $10.12B), average SG&A $9.1B (high $9.18B, low $9.06B), and average EPS is $22.97 (high $23.22, low $22.83). ADBE's analysts financial forecasts for the fiscal year (Nov 2027) are as follows: average revenue is $28.2B (high $28.44B, low $28.07B), average EBITDA is $10.9B (high $10.99B, low $10.85B), average net income is $11.41B (high $11.53B, low $11.34B), average SG&A $9.96B (high $10.04B, low $9.91B), and average EPS is $25.75 (high $26.04, low $25.6).

Did the ADBE's actual financial results beat the analysts' financial forecasts?

Based on Adobe's last annual report (Nov 2023), the company's revenue was $19.41B, beating the average analysts forecast of $19.28B by 0.69%. Apple's EBITDA was $7.77B, beating the average prediction of $7.15B by 8.62%. The company's net income was $5.43B, missing the average estimation of $6.52B by -16.76%. Apple's SG&A was $6.76B, beating the average forecast of $6.65B by 1.72%. Lastly, the company's EPS was $11.93, missing the average prediction of $15.58 by -23.44%. In terms of the last quarterly report (Nov 2023), Adobe's revenue was $5.05B, beating the average analysts' forecast of $5.01B by 0.67%. The company's EBITDA was $2.05B, beating the average prediction of $1.94B by 6.02%. Adobe's net income was $1.48B, missing the average estimation of $1.83B by -19.03%. The company's SG&A was $1.74B, missing the average forecast of $1.77B by -1.75%. Lastly, the company's EPS was $3.26, missing the average prediction of $4.13 by -21.15%