Allianz SE Acquires 14,550 Shares of Adobe Inc. $ADBE

Allianz SE raised its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 62.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,721 shares of the software company’s stock after buying an additional 14,550 shares during the quarter. Allianz SE’s holdings in Adobe were worth $13,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. LSV Asset Management grew its stake in Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after acquiring an additional 56 shares in the last quarter. Horizon Financial Services LLC boosted its holdings in shares of Adobe by 4,000.0% during the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after purchasing an additional 80 shares during the last quarter. Total Investment Management Inc. purchased a new position in shares of Adobe during the second quarter valued at about $35,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Adobe in the third quarter worth about $35,000. Finally, Howard Hughes Medical Institute bought a new stake in shares of Adobe in the second quarter worth about $36,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Price Performance

ADBE opened at $262.41 on Friday. The firm has a market capitalization of $107.72 billion, a PE ratio of 15.70, a price-to-earnings-growth ratio of 1.02 and a beta of 1.51. 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’s 50-day moving average is $299.64 and its two-hundred day moving average is $328.93. Adobe Inc. has a 1 year low of $244.28 and a 1 year high of $453.26.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $6.11 billion. During the same period last year, the business earned $4.81 EPS. The company’s revenue was up 10.5% compared to the same quarter last year. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Research analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Key Headlines Impacting Adobe

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

Insiders Place Their Bets

In other Adobe 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 transaction, the chief financial officer directly 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ADBE shares. Citigroup increased their price target on Adobe from $366.00 to $387.00 and gave the company a “neutral” rating in a research note on Wednesday, December 17th. TD Cowen lowered their target price on Adobe from $420.00 to $400.00 and set a “hold” rating for the company in a research report on Thursday, December 11th. HSBC set a $302.00 price target on shares of Adobe in a research report on Friday, February 13th. Robert W. Baird set a $350.00 price target on shares of Adobe in a research note on Wednesday, January 14th. Finally, BMO Capital Markets cut shares of Adobe from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $400.00 to $375.00 in a research note on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $392.76.

Adobe Company 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.