Cibc World Market Inc. Boosts Stock Position in Adobe Inc. $ADBE

Cibc World Market Inc. raised its position in shares of Adobe Inc. (NASDAQ:ADBE) by 13.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 87,231 shares of the software company’s stock after buying an additional 10,503 shares during the quarter. Cibc World Market Inc.’s holdings in Adobe were worth $30,771,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of ADBE. Brighton Jones LLC grew its stake in Adobe by 2.1% during the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock worth $3,588,000 after buying an additional 167 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Adobe by 25.5% during the second quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after acquiring an additional 486 shares during the last quarter. Vest Financial LLC increased its holdings in shares of Adobe by 41.4% during the second quarter. Vest Financial LLC now owns 6,359 shares of the software company’s stock valued at $2,460,000 after acquiring an additional 1,862 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Adobe by 17.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,063 shares of the software company’s stock valued at $3,893,000 after purchasing an additional 1,473 shares during the last quarter. Finally, Moran Wealth Management LLC boosted its stake in Adobe by 8.7% in the 2nd quarter. Moran Wealth Management LLC now owns 1,524 shares of the software company’s stock worth $590,000 after purchasing an additional 122 shares in the last quarter. Institutional investors own 81.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on ADBE shares. UBS Group dropped their target price on shares of Adobe from $375.00 to $340.00 and set a “neutral” rating on the stock in a research report on Monday, January 26th. Weiss Ratings lowered shares of Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, February 2nd. Mizuho reduced their target price on Adobe from $410.00 to $390.00 and set an “outperform” rating for the company in a research note on Thursday, November 20th. Stifel Nicolaus dropped their price target on Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. Finally, Wall Street Zen lowered shares of Adobe from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, Adobe has an average rating of “Hold” and a consensus target price of $401.13.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Multiple analysts and valuation screens flag ADBE as attractively valued or a buy-after-pullback, arguing AI disruption fears are overblown and positioning Adobe as a long-term growth/value play. Here Are The Most Overvalued And Undervalued U.S. Tech Stocks
• Positive Sentiment: Zacks highlights Adobe as a strong growth and long-term value candidate, which supports the case some investors are using the sell-off to add exposure. Why Adobe Systems (ADBE) is a Top Value Stock for the Long-Term
• Positive Sentiment: Strategists and commentators say the recent software pullback could be a buying opportunity; JP Morgan and others view the sell-off as overdone relative to fundamentals. AI disruption fears create buying chance in US software stocks, strategists say
• Positive Sentiment: Columnists argue Adobe is “too cheap to ignore” and expect AI-related fears to be overstated, which may attract value-oriented buyers. Adobe: Too Cheap To Ignore, AI Fears Overblown
• Positive Sentiment: Barron’s and others point to heavy short interest across software names and the potential for a short-squeeze rally, which could boost Adobe if sentiment stabilizes. Software Stocks Look Primed for a Short Squeeze
• Positive Sentiment: Several bullish takes argue Adobe could bounce from multi-year lows as investors rotate back into higher-quality software names. Adobe: Bullish On A Bounce Back From Multi-Year Lows
• Neutral Sentiment: Market breadth and a modest Nasdaq rebound improved sentiment for software stocks generally, which could help Adobe if the sector rally continues. Nasdaq Jumps Over 200 Points As Software Stocks Rebound
• Neutral Sentiment: Reported short-interest figures in the feed are inconsistent/zeroed (showing 0 shares and NaN changes), so they don’t provide a reliable signal about positioning in ADBE right now.
• Negative Sentiment: Adobe faces a new class-action claim alleging it used pirated books to train AI models — this raises legal and reputational risk that investors are pricing in. Class Suit Accuses Adobe of Using Pirated Books to Train AI Models
• Negative Sentiment: Headline coverage points out Adobe fell more than the broader market during the latest sell-off, contributing to downside momentum and stop-loss activity. Adobe Systems (ADBE) Falls More Steeply Than Broader Market
• Negative Sentiment: Pieces highlighting “FOBO” and sector rotation note Adobe and peers have been beaten by defensive/consumer names, reinforcing short-term selling pressure. FOBO (Not FOMO) Hits Tech Heavy Portfolios Hard; Tech Stocks Adobe, Salesforce Beaten By Walmart, Hershey

Adobe Stock Down 2.8%

ADBE stock opened at $257.16 on Thursday. Adobe Inc. has a one year low of $255.71 and a one year high of $465.70. 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 firm’s fifty day moving average is $320.86 and its 200 day moving average is $336.36. The firm has a market cap of $105.56 billion, a PE ratio of 15.39, a P/E/G ratio of 1.04 and a beta of 1.51.

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, topping the consensus estimate of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period in the prior year, the company posted $4.81 EPS. The company’s revenue for the quarter 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. On average, research analysts forecast that Adobe Inc. will post 16.65 EPS for the current year.

Insider Activity

In related news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. This trade represents a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is owned by company insiders.

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.