Research Analysts Set Expectations for Adobe FY2027 Earnings

Adobe Inc. (NASDAQ:ADBE) – Equities research analysts at Zacks Research cut their FY2027 earnings estimates for shares of Adobe in a research report issued to clients and investors on Tuesday, August 19th. Zacks Research analyst Team now anticipates that the software company will post earnings per share of $21.34 for the year, down from their prior forecast of $21.37. The consensus estimate for Adobe’s current full-year earnings is $16.65 per share.

A number of other research analysts also recently commented on ADBE. Wall Street Zen upgraded Adobe from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Phillip Securities upgraded Adobe from a “moderate sell” rating to a “strong-buy” rating in a research report on Monday, June 16th. Redburn Atlantic downgraded Adobe from a “hold” rating to a “strong sell” rating and lowered their target price for the company from $420.00 to $280.00 in a research report on Wednesday, July 2nd. JMP Securities reiterated a “market perform” rating on shares of Adobe in a research report on Monday, June 23rd. Finally, Oppenheimer lowered their target price on Adobe from $530.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, June 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $467.58.

Adobe Trading Down 2.1%

Shares of ADBE opened at $353.43 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market cap of $149.93 billion, a P/E ratio of 22.61, a price-to-earnings-growth ratio of 1.71 and a beta of 1.51. Adobe has a 1 year low of $330.04 and a 1 year high of $587.75. The company has a 50 day simple moving average of $368.37 and a two-hundred day simple moving average of $391.09.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, June 12th. The software company reported $5.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.97 by $0.09. Adobe had a net margin of 30.39% and a return on equity of 53.68%. The business had revenue of $5.87 billion during the quarter, compared to analyst estimates of $5.80 billion. During the same period last year, the firm posted $4.48 EPS. The company’s revenue was up 10.6% on a year-over-year basis. Adobe has set its Q3 2025 guidance at 5.150-5.200 EPS. FY 2025 guidance at 20.500-20.700 EPS.

Institutional Trading of Adobe

Institutional investors have recently bought and sold shares of the stock. Garde Capital Inc. bought a new stake in Adobe in the first quarter worth $34,000. PFG Advisors lifted its position in Adobe by 20.8% in the first quarter. PFG Advisors now owns 4,964 shares of the software company’s stock worth $1,904,000 after buying an additional 855 shares during the last quarter. Krane Funds Advisors LLC lifted its position in Adobe by 110.4% in the first quarter. Krane Funds Advisors LLC now owns 1,391 shares of the software company’s stock worth $533,000 after buying an additional 730 shares during the last quarter. Burling Wealth Partners LLC bought a new stake in Adobe in the fourth quarter worth $1,173,000. Finally, Financial Counselors Inc. lifted its position in Adobe by 9.2% in the first quarter. Financial Counselors Inc. now owns 62,851 shares of the software company’s stock worth $24,105,000 after buying an additional 5,298 shares during the last quarter. 81.79% of the stock is currently owned by institutional investors.

About Adobe

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.