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 $265.17, representing an upside of 34.9% from the current price of $196.57.

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
Jun 17, 2026	Matthew Swanson	RBC Capital	Maintains	Buy	$285.00
Jun 12, 2026	Robert Oliver	Baird	Maintains	Hold	$270.00 → $230.00 -40.00 (-14.8%)
Jun 12, 2026	Arjun Bhatia	William Blair	Maintains	Hold	-
Jun 12, 2026	Egor Tolmachev	Freedom Capital	Downgrades	Hold	$510.00 → $250.00 -260.00 (-51.0%)
Jun 12, 2026	Tyler Radke	Citi	Reiterates	Hold	$264.00 → $228.00 -36.00 (-13.6%)
Jun 12, 2026	Gil Luria	DA Davidson	Maintains	Buy	$300.00 → $250.00 -50.00 (-16.7%)
Jun 12, 2026	Keith Bachman	BMO Capital	Maintains	Hold	$285.00 → $230.00 -55.00 (-19.3%)
Jun 12, 2026	Billy Fitzsimmons	Piper Sandler	Maintains	Hold	$280.00 → $240.00 -40.00 (-14.3%)
Jun 12, 2026	Gregg Moskowitz	Mizuho	Reiterates	Hold	$270.00 → $245.00 -25.00 (-9.3%)
Jun 12, 2026	Jackson Ader	KeyBanc	Reiterates	Sell	$235.00 → $195.00 -40.00 (-17.0%)
Jun 12, 2026	Nick Altmann	BTIG	Maintains	Hold	-
Jun 12, 2026	PerPlexity Software - Application	TipRanks - PerPlexity	Reiterates	Buy	$297.00 → $279.00 -18.00 (-6.1%)
Jun 12, 2026	Derrick Wood	TD Cowen	Reiterates	Hold	$285.00 → $245.00 -40.00 (-14.0%)
Jun 12, 2026	DeepSeek Software - Application	TipRanks - DeepSeek	Reiterates	Buy	$286.00 → $263.00 -23.00 (-8.0%)
Jun 12, 2026	Arti Vula	JP Morgan	Initiates Coverage	Buy	$420.00 → $340.00 -80.00 (-19.1%)
Jun 12, 2026	xAi Software - Application	TipRanks - xAI	Reiterates	Buy	$278.00 → $267.00 -11.00 (-4.0%)
Jun 12, 2026	Google Software - Application	TipRanks - Google	Reiterates	Buy	$287.00 → $268.00 -19.00 (-6.6%)
Jun 12, 2026	Anthropic Software - Application	TipRanks - Anthropic	Upgrades	Hold	$275.00 → $256.00 -19.00 (-6.9%)
Jun 12, 2026	OpenAI Software - Application	TipRanks - OpenAI	Reiterates	Buy	$283.00 → $268.00 -15.00 (-5.3%)
Jun 12, 2026	Michael Turrin	Wells Fargo	Maintains	Buy	$330.00 → $250.00 -80.00 (-24.2%)
Jun 12, 2026	Elizabeth Porter	Morgan Stanley	Maintains	Hold	$425.00 → $365.00 -60.00 (-14.1%)
Jun 12, 2026	J. Parker Lane	Stifel Nicolaus	Upgrades	Hold	$350.00 → $200.00 -150.00 (-42.9%)
Jun 11, 2026	Gabriela Borges	Goldman Sachs	Maintains	Sell	$220.00 → $190.00 -30.00 (-13.6%)
Jun 11, 2026	Gil Luria	DA Davidson	Maintains	Buy	$300.00 → $250.00 -50.00 (-16.7%)
Jun 11, 2026	Brent Thill	Jefferies	Maintains	Hold	$290.00 → $230.00 -60.00 (-20.7%)
Apr 27, 2026	Gregg Moskowitz	Mizuho	Downgrades	Hold	$315.00 → $270.00 -45.00 (-14.3%)
Apr 22, 2026	Arjun Bhatia	William Blair	Maintains	Hold	-
Apr 22, 2026	J. Parker Lane	Stifel Nicolaus	Maintains	Buy	$400.00
Apr 22, 2026	DeepSeek Software - Infrastructure	TipRanks - DeepSeek	Reiterates	Buy	$282.00 → $286.00 +4.00 (1.4%)
Apr 22, 2026	PerPlexity Software - Infrastructure	TipRanks - PerPlexity	Reiterates	Buy	$297.00
Apr 22, 2026	Anthropic Software - Infrastructure	TipRanks - Anthropic	Reiterates	Buy	$277.00 → $275.00 -2.00 (-0.7%)
Apr 22, 2026	OpenAI Software - Infrastructure	TipRanks - OpenAI	Reiterates	Buy	$279.00 → $283.00 +4.00 (1.4%)
Apr 22, 2026	Matthew Swanson	RBC Capital	Reiterates	Buy	$350.00 → $350.00 +0.00 (0.0%)
Apr 21, 2026	Dan Bergstrom	RBC Capital	Maintains	Buy	$350.00
Apr 19, 2026	Brent Thill	Jefferies	Maintains	Hold	$290.00
Apr 17, 2026	Karl Keirstead	UBS	Maintains	Hold	$290.00 → $260.00 -30.00 (-10.3%)
Apr 17, 2026	Matthew Swanson	RBC Capital	Maintains	Buy	$400.00 → $350.00 -50.00 (-12.5%)
Apr 16, 2026	Keith Weiss	Morgan Stanley	Maintains	Hold	$425.00 → $365.00 -60.00 (-14.1%)
Apr 13, 2026	Nick Altmann	BTIG	Initiates	Hold	-
Apr 10, 2026	Tyler Radke	Citi	Reiterates	Hold	$278.00 → $253.00 -25.00 (-9.0%)
Mar 26, 2026	Arjun Bhatia	William Blair	Downgrades	Hold	-
Mar 25, 2026	Michael Turrin	Wells Fargo	Maintains	Buy	$330.00

Matthew Swanson

RBC Capital

BuyMaintains

$285.00

Jun 17

Robert Oliver

Baird

HoldMaintains

$270.00 → $230.00

Jun 12

Arjun Bhatia

William Blair

HoldMaintains

Jun 12

Egor Tolmachev

Freedom Capital

HoldDowngrades

$510.00 → $250.00

Jun 12

Tyler Radke

Citi

HoldReiterates

$264.00 → $228.00

Jun 12

Gil Luria

DA Davidson

BuyMaintains

$300.00 → $250.00

Jun 12

Keith Bachman

BMO Capital

HoldMaintains

$285.00 → $230.00

Jun 12

Billy Fitzsimmons

Piper Sandler

HoldMaintains

$280.00 → $240.00

Jun 12

Gregg Moskowitz

Mizuho

HoldReiterates

$270.00 → $245.00

Jun 12

Jackson Ader

KeyBanc

SellReiterates

$235.00 → $195.00

Jun 12

Nick Altmann

BTIG

HoldMaintains

Jun 12

PerPlexity Software - Application

TipRanks - PerPlexity

BuyReiterates

$297.00 → $279.00

Jun 12

Derrick Wood

TD Cowen

HoldReiterates

$285.00 → $245.00

Jun 12

DeepSeek Software - Application

TipRanks - DeepSeek

BuyReiterates

$286.00 → $263.00

Jun 12

Arti Vula

JP Morgan

BuyInitiates Coverage

$420.00 → $340.00

Jun 12

xAi Software - Application

TipRanks - xAI

BuyReiterates

$278.00 → $267.00

Jun 12

Google Software - Application

TipRanks - Google

BuyReiterates

$287.00 → $268.00

Jun 12

Anthropic Software - Application

TipRanks - Anthropic

HoldUpgrades

$275.00 → $256.00

Jun 12

OpenAI Software - Application

TipRanks - OpenAI

BuyReiterates

$283.00 → $268.00

Jun 12

Michael Turrin

Wells Fargo

BuyMaintains

$330.00 → $250.00

Jun 12

Elizabeth Porter

Morgan Stanley

HoldMaintains

$425.00 → $365.00

Jun 12

J. Parker Lane

Stifel Nicolaus

HoldUpgrades

$350.00 → $200.00

Jun 12

Gabriela Borges

Goldman Sachs

SellMaintains

$220.00 → $190.00

Jun 11

Gil Luria

DA Davidson

BuyMaintains

$300.00 → $250.00

Jun 11

Brent Thill

Jefferies

HoldMaintains

$290.00 → $230.00

Jun 11

Gregg Moskowitz

Mizuho

HoldDowngrades

$315.00 → $270.00

Apr 27

Arjun Bhatia

William Blair

HoldMaintains

Apr 22

J. Parker Lane

Stifel Nicolaus

BuyMaintains

$400.00

Apr 22

DeepSeek Software - Infrastructure

TipRanks - DeepSeek

BuyReiterates

$282.00 → $286.00

Apr 22

PerPlexity Software - Infrastructure

TipRanks - PerPlexity

BuyReiterates

$297.00

Apr 22

Anthropic Software - Infrastructure

TipRanks - Anthropic

BuyReiterates

$277.00 → $275.00

Apr 22

OpenAI Software - Infrastructure

TipRanks - OpenAI

BuyReiterates

$279.00 → $283.00

Apr 22

Matthew Swanson

RBC Capital

BuyReiterates

$350.00 → $350.00

Apr 22

Dan Bergstrom

RBC Capital

BuyMaintains

$350.00

Apr 21

Brent Thill

Jefferies

HoldMaintains

$290.00

Apr 19

Karl Keirstead

UBS

HoldMaintains

$290.00 → $260.00

Apr 17

Matthew Swanson

RBC Capital

BuyMaintains

$400.00 → $350.00

Apr 17

Keith Weiss

Morgan Stanley

HoldMaintains

$425.00 → $365.00

Apr 16

Nick Altmann

BTIG

HoldInitiates

Apr 13

Tyler Radke

Citi

HoldReiterates

$278.00 → $253.00

Apr 10

Arjun Bhatia

William Blair

HoldDowngrades

Mar 26

Michael Turrin

Wells Fargo

BuyMaintains

$330.00

Mar 25

Adobe Inc. (ADBE) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest ADBE Analyst Ratings & Recommendations

Frequently Asked Questions