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Adobe Inc has a consensus price target of $574.88 based on the ratings of 27 analysts. The high is $660 issued by Morgan Stanley on September 13, 2024. The low is $445 issued by Keybanc on March 21, 2024. The 3 most-recent analyst ratings were released by Deutsche Bank, Wells Fargo, and UBS on January 8, 2025, January 7, 2025, and January 3, 2025, respectively. With an average price target of $530 between Deutsche Bank, Wells Fargo, and UBS, there's an implied 22.97% upside for Adobe Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Adobe (NASDAQ:ADBE) was reported by Deutsche Bank on January 8, 2025. The analyst firm set a price target for $475.00 expecting ADBE to rise to within 12 months (a possible 10.21% upside). 86 analyst firms have reported ratings in the last year.
The latest analyst rating for Adobe (NASDAQ:ADBE) was provided by Deutsche Bank, and Adobe downgraded their hold rating.
The last upgrade for Adobe Inc happened on June 14, 2024 when JP Morgan raised their price target to $580. JP Morgan previously had a neutral for Adobe Inc.
The last downgrade for Adobe Inc happened on January 8, 2025 when Deutsche Bank changed their price target from $600 to $475 for Adobe Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Adobe, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Adobe was filed on January 8, 2025 so you should expect the next rating to be made available sometime around January 8, 2026.
While ratings are subjective and will change, the latest Adobe (ADBE) rating was a downgraded with a price target of $600.00 to $475.00. The current price Adobe (ADBE) is trading at is $430.99, which is out of the analyst’s predicted range.
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