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Adobe Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Adobe Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Adobe (NASDAQ:ADBE) was reported by BMO Capital on February 19, 2025. The analyst firm set a price target for $515.00 expecting ADBE to rise to within 12 months (a possible 15.68% upside). 88 analyst firms have reported ratings in the last year.
The latest analyst rating for Adobe (NASDAQ:ADBE) was provided by BMO Capital, and Adobe maintained 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 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 February 19, 2025 so you should expect the next rating to be made available sometime around February 19, 2026.
While ratings are subjective and will change, the latest Adobe (ADBE) rating was a maintained with a price target of $570.00 to $515.00. The current price Adobe (ADBE) is trading at is $445.20, which is out of the analyst’s predicted range.
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