The latest price target for Adobe (NASDAQ:ADBE) was reported by RBC Capital on August 1, 2024. The analyst firm set a price target for $600.00 expecting ADBE to rise to within 12 months (a possible 7.57% upside). 97 analyst firms have reported ratings in the last year.

The latest analyst rating for Adobe (NASDAQ:ADBE) was provided by RBC Capital, and Adobe reiterated their outperform 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 June 10, 2024 when Melius Research changed their price target from N/A to $510 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 August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.

While ratings are subjective and will change, the latest Adobe (ADBE) rating was a reiterated with a price target of $600.00 to $600.00. The current price Adobe (ADBE) is trading at is $557.79, which is out of the analyst’s predicted range.