Analyst Expectations For Adobe’s Future
Analysts’ ratings for Adobe over the last quarter vary from bullish to bearish, as provided by 26 analysts. The table below offers insights into changing sentiments over the past 30 days and draws 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 | – |
