$463.50
-9.68[-2.05%]
At close: Apr 19
$463.50
0[0.00%]
After Hours: 7:58PM EDT
Adobe Stock (NASDAQ:ADBE), Analyst Ratings, Price Targets, Predictions
Adobe Inc has a consensus price target of $565.69, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from DA Davidson, JMP Securities, and Mizuho on March 28, 2024, March 28, 2024, and March 27, 2024. With an average price target of $455 between DA Davidson, JMP Securities, and Mizuho, there's an implied -1.83% downside for Adobe Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
DA Davidson
JMP Securities
Mizuho
RBC Capital
Evercore ISI Group
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Adobe
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/28/2024 | ADBE | Buy Now | Adobe | $463.50 | 47.79% | DA Davidson | Gil Luria | $685 → $685 | Maintains | Buy | Get Alert |
| 03/28/2024 | ADBE | Buy Now | Adobe | $463.50 | — | JMP Securities | Patrick Walravens | — | Reiterates | → Market Perform | Get Alert |
| 03/27/2024 | ADBE | Buy Now | Adobe | $463.50 | 46.71% | Mizuho | Gregg Moskowitz | $680 → $680 | Reiterates | Buy → Buy | Get Alert |
| 03/27/2024 | ADBE | Buy Now | Adobe | $463.50 | 35.92% | RBC Capital | Matthew Hedberg | → $630 | Reiterates | Outperform → Outperform | Get Alert |
| 03/27/2024 | ADBE | Buy Now | Adobe | $463.50 | 40.24% | Evercore ISI Group | Kirk Materne | $650 → $650 | Maintains | Outperform | Get Alert |
| 03/27/2024 | ADBE | Buy Now | Adobe | $463.50 | 31.61% | BMO Capital | Keith Bachman | $610 → $610 | Maintains | Outperform | Get Alert |
| 03/27/2024 | ADBE | Buy Now | Adobe | $463.50 | 42.39% | Oppenheimer | Brian Schwartz | $660 → $660 | Reiterates | Outperform → Outperform | Get Alert |
| 03/27/2024 | ADBE | Buy Now | Adobe | $463.50 | 51.02% | Piper Sandler | Brent Bracelin | $700 → $700 | Maintains | Overweight | Get Alert |
| 03/21/2024 | ADBE | Buy Now | Adobe | $463.50 | -3.99% | Keybanc | Jason Ader | → $445 | Initiates | → Underweight | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 38.08% | TD Cowen | Derrick Wood | $650 → $640 | Maintains | Outperform | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 38.08% | B of A Securities | Brad Sills | $700 → $640 | Maintains | Buy | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 35.92% | RBC Capital | Matthew Hedberg | $650 → $630 | Maintains | Outperform | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 31.61% | BMO Capital | Keith Bachman | $660 → $610 | Maintains | Outperform | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 34.84% | Stifel | Parker Lane | $650 → $625 | Maintains | Buy | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 47.79% | DA Davidson | Gil Luria | $685 → $685 | Maintains | Buy | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 16.5% | UBS | Karl Keirstead | $600 → $540 | Maintains | Neutral | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 40.24% | Evercore ISI Group | Kirk Materne | $700 → $650 | Maintains | Outperform | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 42.39% | Oppenheimer | Brian Schwartz | $660 → $660 | Maintains | Outperform | Get Alert |
| 03/15/2024 | ADBE | Buy Now | Adobe | $463.50 | 45.63% | Wells Fargo | Michael Turrin | $690 → $675 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Adobe (ADBE)?
The latest price target for Adobe (NASDAQ: ADBE) was reported by DA Davidson on March 28, 2024. The analyst firm set a price target for $685.00 expecting ADBE to rise to within 12 months (a possible 47.79% upside). 90 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Adobe (ADBE)?
The latest analyst rating for Adobe (NASDAQ: ADBE) was provided by DA Davidson, and Adobe maintained their buy rating.
When was the last upgrade for Adobe (ADBE)?
The last upgrade for Adobe Inc happened on December 18, 2023 when Barclays raised their price target to $700. Barclays previously had an equal-weight for Adobe Inc.
When was the last downgrade for Adobe (ADBE)?
The last downgrade for Adobe Inc happened on January 18, 2024 when Exane BNP Paribas changed their price target from N/A to $499 for Adobe Inc.
When is the next analyst rating going to be posted or updated for Adobe (ADBE)?
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 March 28, 2024 so you should expect the next rating to be made available sometime around March 28, 2025.
Is the Analyst Rating Adobe (ADBE) correct?
While ratings are subjective and will change, the latest Adobe (ADBE) rating was a maintained with a price target of $685.00 to $685.00. The current price Adobe (ADBE) is trading at is $463.50, which is out of the analyst’s predicted range.
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