BNP Paribas Has $1.09 Million Stock Holdings in Adobe Inc. $ADBE

BNP Paribas reduced its holdings in Adobe Inc. (NASDAQ:ADBE) by 78.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,083 shares of the software company’s stock after selling 11,361 shares during the quarter. BNP Paribas’ holdings in Adobe were worth $1,088,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of ADBE. LSV Asset Management lifted its holdings in shares of Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock worth $28,000 after purchasing an additional 56 shares during the period. Caitlin John LLC acquired a new stake in Adobe in the third quarter valued at $28,000. Horizon Financial Services LLC increased its holdings in Adobe by 4,000.0% in the second 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 period. Total Investment Management Inc. bought a new position in Adobe during the 2nd quarter worth $35,000. Finally, Heartwood Wealth Advisors LLC bought a new position in Adobe during the 3rd quarter worth $35,000. Institutional investors own 81.79% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Record Q1 results and AI traction — Adobe posted above‑consensus Q1 revenue and EPS and highlighted rapid AI-first ARR growth; management framed the quarter as an AI‑led acceleration, which supports the company’s long‑term revenue mix and margins. Adobe Delivers Record Q1 Results
• Neutral Sentiment: Guidance shows upside but raises questions — Adobe’s FY26 EPS range and Q2 outlook exceeded consensus, yet investors parsed the details (ARR cadence, freemium strategy) for sustainability before rewarding the stock. Adobe Q1 earnings & guidance
• Neutral Sentiment: Short‑interest figures reported inconsistently — publicly posted short data showed anomalous/zero values (NaN/0), so current short‑squeeze risk or bearish positioning is unclear.
• Negative Sentiment: DOJ settlement adds immediate cost and reputational overhang — Adobe agreed to a $150M package (roughly $75M cash + $75M in free services) to resolve claims about hard‑to‑cancel subscriptions, creating a headline liability and consumer‑facing remediation burden. Adobe agrees to pay $150 million to resolve alleged violations
• Negative Sentiment: CEO succession uncertainty — Shantanu Narayen announced he will step down once a successor is named (he will remain board chair), creating near‑term leadership uncertainty at a critical time for Adobe’s AI strategy and execution. Shantanu Narayen Announces Decision to Transition as Adobe’s CEO
• Negative Sentiment: Analyst downgrades and lower targets amplify selling — Several firms cut price targets or moved to neutral/equal‑weight, citing CEO transition and mixed ARR trends, which pressured sentiment and triggered further mark‑downs. These Analysts Cut Their Forecasts On Adobe Following Q1 Earnings

Insider Buying and Selling at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the transaction, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.20% of the company’s stock.

Adobe Stock Performance

Shares of ADBE stock opened at $249.32 on Monday. The firm has a 50 day moving average of $283.88 and a 200-day moving average of $322.76. The company has a market cap of $102.35 billion, a price-to-earnings ratio of 14.52, a price-to-earnings-growth ratio of 0.98 and a beta of 1.53. The company has a quick ratio of 1.00, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. Adobe Inc. has a 52 week low of $244.28 and a 52 week high of $422.95.

Adobe (NASDAQ:ADBE) last released its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. The company had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.28 billion. Adobe had a net margin of 29.48% and a return on equity of 64.48%. Adobe’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.08 EPS. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. On average, equities analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on ADBE shares. Jefferies Financial Group reduced their price target on Adobe from $400.00 to $290.00 and set a “hold” rating on the stock in a research report on Monday, February 23rd. Mizuho cut their price objective on Adobe from $340.00 to $315.00 and set an “outperform” rating on the stock in a research note on Friday. Morgan Stanley reduced their target price on Adobe from $425.00 to $365.00 and set an “equal weight” rating on the stock in a report on Friday. Royal Bank Of Canada reissued an “outperform” rating and set a $430.00 target price on shares of Adobe in a research report on Monday, March 9th. Finally, UBS Group lowered their price target on shares of Adobe from $340.00 to $290.00 and set a “neutral” rating for the company in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Adobe currently has a consensus rating of “Hold” and a consensus target price of $347.85.

About Adobe

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.