American Century Companies Inc. Boosts Stock Holdings in Adobe Inc. $ADBE

American Century Companies Inc. lifted its stake in Adobe Inc. (NASDAQ:ADBE) by 27.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 420,266 shares of the software company’s stock after acquiring an additional 90,518 shares during the period. American Century Companies Inc. owned approximately 0.10% of Adobe worth $148,249,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ADBE. LSV Asset Management increased its stake in 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 acquiring an additional 56 shares during the last quarter. Caitlin John LLC bought a new stake in Adobe in the third quarter worth $28,000. Horizon Financial Services LLC lifted its stake in Adobe by 4,000.0% in the second quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock worth $32,000 after purchasing an additional 80 shares during the last quarter. Total Investment Management Inc. purchased a new position in Adobe in the 2nd quarter worth approximately $35,000. Finally, Howard Hughes Medical Institute bought a new stake in Adobe in the 2nd quarter worth $36,000. 81.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wells Fargo & Company decreased their price objective on shares of Adobe from $470.00 to $420.00 and set an “overweight” rating for the company in a report on Thursday, November 20th. Weiss Ratings upgraded Adobe from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 19th. Wolfe Research decreased their price target on Adobe from $450.00 to $440.00 and set an “outperform” rating for the company in a research note on Thursday, December 11th. Morgan Stanley dropped their price target on Adobe from $450.00 to $425.00 and set an “equal weight” rating on the stock in a research note on Thursday, December 11th. Finally, UBS Group lowered their price objective on shares of Adobe from $375.00 to $340.00 and set a “neutral” rating on the stock in a research note on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Adobe has a consensus rating of “Hold” and an average target price of $392.76.

Insider Buying and Selling

In other news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the completion of the sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.16% of the stock is owned by corporate insiders.

Adobe Trading Up 1.3%

Shares of ADBE opened at $262.41 on Monday. The stock has a market capitalization of $107.72 billion, a PE ratio of 15.70, a P/E/G ratio of 1.03 and a beta of 1.53. Adobe Inc. has a fifty-two week low of $244.28 and a fifty-two week high of $453.26. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. The company’s fifty day moving average is $299.64 and its 200 day moving average is $328.71.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the company earned $4.81 earnings per share. Adobe’s revenue was up 10.5% on a year-over-year basis. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Sell-side analysts expect that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe launched Firefly QuickCut, a one‑click AI video editing feature that can turn raw clips into a first cut — a meaningful product expansion for Creative Cloud that could boost adoption among video creators and prosumers. Adobe’s New Firefly QuickCut Gives Video Editors a Starting Point
• Positive Sentiment: Bullish analyst/commentary argue ADBE can recover to materially higher levels (one note outlines a $330 path), citing durable profit margins, subscription pricing power and AI monetization potential. This provides a constructive narrative for value-seeking investors. How Adobe Stock Rises To $330
• Positive Sentiment: Valuation-focused views note Adobe trading near ~15x earnings, framing the pullback as a potential long-term buying opportunity if AI execution and subscription retention remain strong. Adobe Stock Is Trading at 15x Earnings
• Neutral Sentiment: Some research notes large upside potential (claimed ~71%) but also highlights recent price‑target cuts — a mixed signal that leaves near‑term direction tied to execution and broader software sentiment. Adobe Inc. (ADBE)’s Upside Potential at 71%
• Neutral Sentiment: Options-focused writeups show active strategies (e.g., an iron‑condor yielding high returns), indicating elevated volatility expectations but not signalling directional consensus. 1 Picture-Perfect Short Iron Condor Trade Returning 35% on Adobe Stock Now
• Neutral Sentiment: Reported short‑interest data is noisy/ambiguous in recent feeds, so positioning metrics are unclear and shouldn’t be over‑interpreted today.
• Negative Sentiment: Jefferies and similar market moves have cut price targets (e.g., Jefferies lowered its target to $290 from $400), and such cuts have triggered near‑term selling pressure. Adobe Inc. (ADBE)’s Upside Potential at 71%
• Negative Sentiment: Competition and AI advancements from Big Tech (e.g., Google’s Gemini image upgrades) are being cited as direct pressure on Adobe’s image/creative franchise, amplifying the sector‑wide “AI scare trade.” Google Gemini Image Upgrade Pressures Adobe, Figma Shares
• Negative Sentiment: Commentary from pundits and analysts (including warnings that Adobe’s moat may be under threat) and broader software selloffs tied to AI concerns keep downside risk elevated until durable monetization from new AI tools is demonstrated. Adobe (ADBE) Doesn’t Have The Moat That It Thinks

Adobe Profile

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.