Zacks Research Issues Pessimistic Outlook for Adobe Earnings

Adobe Inc. (NASDAQ:ADBE) – Stock analysts at Zacks Research lowered their FY2025 earnings estimates for shares of Adobe in a report issued on Tuesday, August 19th. Zacks Research analyst Team now anticipates that the software company will post earnings of $16.81 per share for the year, down from their previous forecast of $16.86. The consensus estimate for Adobe’s current full-year earnings is $16.65 per share. Zacks Research also issued estimates for Adobe’s Q4 2025 earnings at $4.31 EPS and Q4 2026 earnings at $4.87 EPS.

Several other research firms have also weighed in on ADBE. Bank of America lifted their price objective on shares of Adobe from $424.00 to $475.00 and gave the company a “buy” rating in a research note on Friday, June 13th. BMO Capital Markets restated an “outperform” rating and set a $450.00 price target on shares of Adobe in a research note on Friday, June 13th. Melius lowered shares of Adobe from a “hold” rating to a “sell” rating and set a $310.00 price target for the company. in a research note on Monday, August 11th. Royal Bank Of Canada restated an “outperform” rating and set a $480.00 price target on shares of Adobe in a research note on Thursday, June 5th. Finally, Evercore ISI restated an “outperform” rating and set a $475.00 price target on shares of Adobe in a research note on Friday, June 13th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $467.58.

Adobe Stock Performance

NASDAQ:ADBE opened at $353.43 on Thursday. The company has a fifty day moving average of $367.17 and a 200-day moving average of $390.51. The firm has a market capitalization of $149.93 billion, a P/E ratio of 22.61, a P/E/G ratio of 1.68 and a beta of 1.51. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.54. Adobe has a twelve month low of $330.04 and a twelve month high of $587.75.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Thursday, June 12th. The software company reported $5.06 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.09. The company had revenue of $5.87 billion during the quarter, compared to analyst estimates of $5.80 billion. Adobe had a net margin of 30.39% and a return on equity of 53.68%. Adobe’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.48 EPS. 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 made changes to their positions in the company. Copia Wealth Management bought a new stake in shares of Adobe in the 4th quarter worth $28,000. SWAN Capital LLC purchased a new position in shares of Adobe in the 4th quarter worth about $28,000. 1248 Management LLC purchased a new position in shares of Adobe in the 1st quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Adobe in the 1st quarter worth about $26,000. Finally, LSV Asset Management boosted its holdings in shares of Adobe by 350.0% in the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock worth $28,000 after buying an additional 56 shares during the last quarter. Institutional investors own 81.79% of the company’s stock.

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.