What is the analyst consensus rating for ADBE?

The analyst consensus rating for ADBE is "Hold" based on 31 analyst recommendations.

What is the average price target for ADBE?

The average 12-month price target for ADBE is $321.86, representing an upside of 32.5% from the current price of $242.92.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

Adobe Inc. (ADBE) Forecast: Analyst Ratings & Targets

Latest ADBE Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Mar 26, 2026	Arjun Bhatia	William Blair	Downgrades	Hold	-
Mar 16, 2026	Joseph Bonner	Argus Research	Downgrades	Hold	-
Mar 16, 2026	Gabriela Borges	Goldman Sachs	Maintains	Strong Sell	$290.00 → $220.00 -70.00 (-24.1%)
Mar 16, 2026	Tyler Radke	Citi	Maintains	Hold	$315.00 → $278.00 -37.00 (-11.8%)
Mar 14, 2026	Anthropic Software - Infrastructure	TipRanks - Anthropic	Reiterates	Buy	$305.00 → $277.00 -28.00 (-9.2%)
Mar 14, 2026	OpenAI Software - Infrastructure	TipRanks - OpenAI	Reiterates	Buy	$307.00 → $280.00 -27.00 (-8.8%)
Mar 13, 2026	Saiyi He	CMB International	Maintains	Buy	$585.00 → $350.00 -235.00 (-40.2%)
Mar 13, 2026	J. Parker Lane	Stifel Nicolaus	Maintains	Buy	$450.00 → $400.00 -50.00 (-11.1%)
Mar 13, 2026	Jackson Ader	Keybanc	Maintains	Sell	$310.00 → $235.00 -75.00 (-24.2%)
Mar 13, 2026	Parker Lane	Stifel	Maintains	Strong Buy	$450.00 → $400.00 -50.00 (-11.1%)
Mar 13, 2026	Gregg Moskowitz	Mizuho	Maintains	Buy	$340.00 → $315.00 -25.00 (-7.3%)
Mar 13, 2026	Billy Fitzsimmons	Piper Sandler	Maintains	Hold	$330.00 → $280.00 -50.00 (-15.2%)
Mar 13, 2026	Brad Zelnick	Deutsche Bank	Maintains	Hold	$390.00 → $310.00 -80.00 (-20.5%)
Mar 13, 2026	Jackson Ader	KeyBanc	Initiates Coverage	Sell	$310.00 → $235.00 -75.00 (-24.2%)
Mar 13, 2026	Derrick Wood	TD Cowen	Maintains	Hold	$325.00 → $310.00 -15.00 (-4.6%)
Mar 13, 2026	Saket Kalia	Barclays	Downgrades	Hold	$335.00 → $275.00 -60.00 (-17.9%)
Mar 13, 2026	Keith Bachman	BMO Capital	Maintains	Hold	$375.00 → $285.00 -90.00 (-24.0%)
Mar 13, 2026	Mark Murphy	JP Morgan	Maintains	Buy	$520.00 → $420.00 -100.00 (-19.2%)
Mar 13, 2026	Karl Keirstead	UBS	Maintains	Hold	$340.00 → $290.00 -50.00 (-14.7%)
Mar 13, 2026	Michael Turrin	Wells Fargo	Maintains	Buy	$405.00 → $330.00 -75.00 (-18.5%)
Mar 13, 2026	Brian Schwartz	Oppenheimer	Maintains	Hold	-
Mar 13, 2026	Matthew Swanson	RBC Capital	Maintains	Buy	$430.00 → $400.00 -30.00 (-7.0%)
Mar 13, 2026	Kirk Materne	Evercore ISI Group	Maintains	Buy	$325.00
Mar 13, 2026	Keith Weiss	Morgan Stanley	Maintains	Hold	$425.00 → $365.00 -60.00 (-14.1%)
Mar 12, 2026	Bradley Sills	BofA Securities	Maintains	Buy	$460.00
Mar 12, 2026	Keith Bachman	BMO Capital	Maintains	Hold	$375.00 → $285.00 -90.00 (-24.0%)
Mar 12, 2026	Matthew Swanson	RBC Capital	Maintains	Buy	$430.00 → $400.00 -30.00 (-7.0%)
Mar 11, 2026	Brent Thill	Jefferies	Maintains	Hold	$290.00
Mar 10, 2026	Gregg Moskowitz	Mizuho	Maintains	Buy	$387.00 → $315.00 -72.00 (-18.6%)
Mar 10, 2026	Derrick Wood	TD Cowen	Maintains	Hold	$400.00 → $325.00 -75.00 (-18.8%)
Mar 9, 2026	Michael Turrin	Wells Fargo	Maintains	Buy	$420.00 → $405.00 -15.00 (-3.6%)
Mar 9, 2026	Matthew Swanson	RBC Capital	Reiterates	Buy	$430.00 → $430.00 +0.00 (0.0%)
Mar 8, 2026	Tom Narayan	RBC Capital	Maintains	Buy	$430.00
Mar 6, 2026	Tyler Radke	Citi	Maintains	Hold	$387.00 → $315.00 -72.00 (-18.6%)
Mar 4, 2026	Billy Fitzsimmons	Piper Sandler	Maintains	Hold	$330.00
Mar 4, 2026	Saket Kalia	Barclays	Maintains	Buy	$415.00 → $335.00 -80.00 (-19.3%)
Feb 23, 2026	Brent Thill	Jefferies	Maintains	Hold	$400.00 → $290.00 -110.00 (-27.5%)
Feb 13, 2026	Stephen Bersey	HSBC	Maintains	Hold	$388.00 → $302.00 -86.00 (-22.2%)
Feb 9, 2026	Ben Reitzes	Melius Research	Reiterates	Sell	$310.00 → $270.00 -40.00 (-12.9%)
Feb 3, 2026	Hannah Rudoff	Piper Sandler	Downgrades	Hold	$470.00 → $330.00 -140.00 (-29.8%)
Jan 26, 2026	Karl Keirstead	UBS	Maintains	Hold	$375.00 → $340.00 -35.00 (-9.3%)
Jan 14, 2026	Robert Oliver	Baird	Maintains	Hold	$410.00 → $350.00 -60.00 (-14.6%)
Jan 13, 2026	Brian Schwartz	Oppenheimer	Downgrades	Hold	-
Jan 9, 2026	Keith Bachman	BMO Capital	Downgrades	Hold	$400.00 → $375.00 -25.00 (-6.3%)
Jan 5, 2026	Brent Thill	Jefferies	Downgrades	Hold	$500.00 → $400.00 -100.00 (-20.0%)
Jan 5, 2026	Matthew Swanson	RBC Capital	Maintains	Buy	$430.00

Arjun Bhatia

William Blair

HoldDowngrades

Mar 26

Joseph Bonner

Argus Research

HoldDowngrades

Mar 16

Gabriela Borges

Goldman Sachs

Strong SellMaintains

$290.00 → $220.00

Mar 16

Tyler Radke

Citi

HoldMaintains

$315.00 → $278.00

Mar 16

Anthropic Software - Infrastructure

TipRanks - Anthropic

BuyReiterates

$305.00 → $277.00

Mar 14

OpenAI Software - Infrastructure

TipRanks - OpenAI

BuyReiterates

$307.00 → $280.00

Mar 14

Saiyi He

CMB International

BuyMaintains

$585.00 → $350.00

Mar 13

J. Parker Lane

Stifel Nicolaus

BuyMaintains

$450.00 → $400.00

Mar 13

Jackson Ader

Keybanc

SellMaintains

$310.00 → $235.00

Mar 13

Parker Lane

Stifel

Strong BuyMaintains

$450.00 → $400.00

Mar 13

Gregg Moskowitz

Mizuho

BuyMaintains

$340.00 → $315.00

Mar 13

Billy Fitzsimmons

Piper Sandler

HoldMaintains

$330.00 → $280.00

Mar 13

Brad Zelnick

Deutsche Bank

HoldMaintains

$390.00 → $310.00

Mar 13

Jackson Ader

KeyBanc

SellInitiates Coverage

$310.00 → $235.00

Mar 13

Derrick Wood

TD Cowen

HoldMaintains

$325.00 → $310.00

Mar 13

Saket Kalia

Barclays

HoldDowngrades

$335.00 → $275.00

Mar 13

Keith Bachman

BMO Capital

HoldMaintains

$375.00 → $285.00

Mar 13

Mark Murphy

JP Morgan

BuyMaintains

$520.00 → $420.00

Mar 13

Karl Keirstead

UBS

HoldMaintains

$340.00 → $290.00

Mar 13

Michael Turrin

Wells Fargo

BuyMaintains

$405.00 → $330.00

Mar 13

Brian Schwartz

Oppenheimer

HoldMaintains

Mar 13

Matthew Swanson

RBC Capital

BuyMaintains

$430.00 → $400.00

Mar 13

Kirk Materne

Evercore ISI Group

BuyMaintains

$325.00

Mar 13

Keith Weiss

Morgan Stanley

HoldMaintains

$425.00 → $365.00

Mar 13

Bradley Sills

BofA Securities

BuyMaintains

$460.00

Mar 12

Keith Bachman

BMO Capital

HoldMaintains

$375.00 → $285.00

Mar 12

Matthew Swanson

RBC Capital

BuyMaintains

$430.00 → $400.00

Mar 12

Brent Thill

Jefferies

HoldMaintains

$290.00

Mar 11

Gregg Moskowitz

Mizuho

BuyMaintains

$387.00 → $315.00

Mar 10

Derrick Wood

TD Cowen

HoldMaintains

$400.00 → $325.00

Mar 10

Michael Turrin

Wells Fargo

BuyMaintains

$420.00 → $405.00

Mar 9

Matthew Swanson

RBC Capital

BuyReiterates

$430.00 → $430.00

Mar 9

Tom Narayan

RBC Capital

BuyMaintains

$430.00

Mar 8

Tyler Radke

Citi

HoldMaintains

$387.00 → $315.00

Mar 6

Billy Fitzsimmons

Piper Sandler

HoldMaintains

$330.00

Mar 4

Saket Kalia

Barclays

BuyMaintains

$415.00 → $335.00

Mar 4

Brent Thill

Jefferies

HoldMaintains

$400.00 → $290.00

Feb 23

Stephen Bersey

HSBC

HoldMaintains

$388.00 → $302.00

Feb 13

Ben Reitzes

Melius Research

SellReiterates

$310.00 → $270.00

Feb 9

Hannah Rudoff

Piper Sandler

HoldDowngrades

$470.00 → $330.00

Feb 3

Karl Keirstead

UBS

HoldMaintains

$375.00 → $340.00

Jan 26

Robert Oliver

Baird

HoldMaintains

$410.00 → $350.00

Jan 14

Brian Schwartz

Oppenheimer

HoldDowngrades

Jan 13

Keith Bachman

BMO Capital

HoldDowngrades

$400.00 → $375.00

Jan 9

Brent Thill

Jefferies

HoldDowngrades

$500.00 → $400.00

Jan 5

Matthew Swanson

RBC Capital

BuyMaintains

$430.00

Jan 5

Adobe Inc. (ADBE) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest ADBE Analyst Ratings & Recommendations

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