21 analysts have expressed a variety of opinions on Adobe (NASDAQ:ADBE) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 12 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 5 | 8 | 3 | 0 | 0 |
| 2M Ago | 0 | 3 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $592.95, a high estimate of $650.00, and a low estimate of $475.00. Observing a downward trend, the current average is 5.52% lower than the prior average price target of $627.62.
Understanding Analyst Ratings: A Comprehensive Breakdown
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 |
|---|---|---|---|---|---|
| Brad Zelnick | Deutsche Bank | Lowers | Hold | $475.00 | $600.00 |
| Michael Turrin | Wells Fargo | Lowers | Overweight | $640.00 | $700.00 |
| Karl Keirstead | UBS | Lowers | Neutral | $475.00 | $525.00 |
| Gil Luria | DA Davidson | Lowers | Buy | $625.00 | $685.00 |
| Mark Moerdler | Bernstein | Lowers | Outperform | $587.00 | $644.00 |
| Saket Kalia | Barclays | Lowers | Overweight | $645.00 | $675.00 |
| Karl Keirstead | UBS | Lowers | Neutral | $525.00 | $550.00 |
| Matthew Swanson | RBC Capital | Lowers | Outperform | $590.00 | $610.00 |
| Brian Schwartz | Oppenheimer | Lowers | Outperform | $600.00 | $625.00 |
| Brent Thill | Jefferies | Lowers | Buy | $650.00 | $700.00 |
| Brad Zelnick | Deutsche Bank | Lowers | Buy | $600.00 | $650.00 |
| Keith Bachman | BMO Capital | Lowers | Outperform | $570.00 | $600.00 |
| Gregg Moskowitz | Mizuho | Lowers | Outperform | $620.00 | $640.00 |
| Brad Sills | B of A Securities | Lowers | Buy | $605.00 | $640.00 |
| Parker Lane | Stifel | Lowers | Buy | $600.00 | $650.00 |
| Brent Bracelin | Piper Sandler | Lowers | Overweight | $600.00 | $635.00 |
| Tyler Radke | Citigroup | Lowers | Neutral | $590.00 | $616.00 |
| Keith Bachman | BMO Capital | Raises | Outperform | $600.00 | $580.00 |
| Matthew Swanson | RBC Capital | Maintains | Outperform | $610.00 | $610.00 |
| Brent Bracelin | Piper Sandler | Maintains | Overweight | $635.00 | $635.00 |
| Matthew Swanson | RBC Capital | Maintains | Outperform | $610.00 | $610.00 |
Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Adobe. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Adobe compared to the broader market. Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Adobe's stock. This examination reveals shifts in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Adobe's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Adobe analyst ratings.
Unveiling the Story Behind Adobe
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, 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: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Adobe showcased positive performance, achieving a revenue growth rate of 3.66% as of 30 November, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 30.02%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Adobe's ROE stands out, surpassing industry averages. With an impressive ROE of 11.75%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Adobe's ROA excels beyond industry benchmarks, reaching 5.6%. This signifies efficient management of assets and strong financial health.
Debt Management: Adobe's debt-to-equity ratio is below the industry average. With a ratio of 0.43, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
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.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
Latest Ratings for ADBE
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Mizuho | Maintains | Buy | |
| Jan 2022 | Deutsche Bank | Maintains | Buy | |
| Jan 2022 | UBS | Downgrades | Buy | Neutral |
View More Analyst Ratings for ADBE
View the Latest Analyst Ratings
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
