Bailard Inc. Lowers Position in Adobe Inc. $ADBE

Bailard Inc. decreased its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 4.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 37,035 shares of the software company’s stock after selling 1,779 shares during the period. Bailard Inc.’s holdings in Adobe were worth $13,064,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brighton Jones LLC boosted its position in Adobe by 2.1% during the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after acquiring an additional 167 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Adobe by 25.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after purchasing an additional 486 shares during the last quarter. CX Institutional boosted its position in Adobe by 19.6% during the second quarter. CX Institutional now owns 16,153 shares of the software company’s stock valued at $6,249,000 after purchasing an additional 2,643 shares in the last quarter. Foster Group Inc. purchased a new position in Adobe in the second quarter valued at about $272,000. Finally, Golden State Equity Partners raised its holdings in Adobe by 23.1% in the second quarter. Golden State Equity Partners now owns 1,311 shares of the software company’s stock worth $507,000 after purchasing an additional 246 shares in the last quarter. Institutional investors own 81.79% of the company’s stock.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe rolled out new AI-powered video editing features for Premiere, which could boost Creative Cloud engagement, upsell opportunities and stickiness with pro creators. Read More.
• Positive Sentiment: Recent fundamentals remain supportive: Adobe beat Q4 estimates and raised FY26 guidance (management set FY26 EPS range), underpinning cash flow and margin expectations. Read More.
• Positive Sentiment: Some market commentators and analysts call ADBE a deep-value or “AI bargain” after the pullback, arguing the stock’s drop creates a buying opportunity if Adobe executes on AI monetization. Read More.
• Neutral Sentiment: Consensus analyst rating remains cautious-to-neutral (consensus “Hold”), signaling that Wall Street expects execution but is not uniformly convinced about upside from current levels. Read More.
• Neutral Sentiment: Industry commentary asks whether AI is structurally changing Adobe’s TAM and margins — pieces that highlight both headwinds and paths to recovery, leaving the near-term outlook mixed. Read More.
• Negative Sentiment: Consumer-focused articles promote non-subscription PDF editors as alternatives, which could pressure Acrobat retention or pricing power over time if adoption grows. Read More.
• Negative Sentiment: Reports about Apple moving into creative tools raise competitive-risk concerns — Apple’s platform reach could pose a longer-term threat to parts of Adobe’s Creative Cloud franchise. Read More.

Insiders Place Their Bets

In related news, CAO Jillian Forusz sold 149 shares of Adobe stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $337.88, for a total value of $50,344.12. Following the sale, the chief accounting officer directly owned 3,426 shares in the company, valued at approximately $1,157,576.88. The trade was a 4.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Adobe Stock Performance

Shares of ADBE stock opened at $290.37 on Wednesday. Adobe Inc. has a 1 year low of $288.33 and a 1 year high of $465.70. The firm has a market capitalization of $119.20 billion, a price-to-earnings ratio of 17.38, a price-to-earnings-growth ratio of 1.17 and a beta of 1.53. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00. The business has a fifty day moving average of $333.24 and a 200 day moving average of $345.73.

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ADBE shares. Wells Fargo & Company lowered their price target on shares of Adobe from $470.00 to $420.00 and set an “overweight” rating on the stock in a report on Thursday, November 20th. Jefferies Financial Group downgraded shares of Adobe from a “buy” rating to a “hold” rating and lowered their target price for the company from $500.00 to $400.00 in a research note on Monday, January 5th. Wall Street Zen lowered shares of Adobe from a “buy” rating to a “hold” rating in a report on Saturday. Wolfe Research decreased their price objective on Adobe from $450.00 to $440.00 and set an “outperform” rating for the company in a report on Thursday, December 11th. Finally, Cowen reissued a “hold” rating on shares of Adobe in a research report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, Adobe has an average rating of “Hold” and a consensus target price of $402.85.

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.