ADOBE INC (ADBE) Forecast, Price Target & Analyst Ratings

NASDAQ:ADBE • US00724F1012

Current stock price

239.31 USD
-6.13 (-2.5%)
At close:
239.57 USD
+0.26 (+0.11%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ADOBE INC (ADBE).

Forecast Snapshot

Consensus Price Target

Price Target
$331.26
+ 38.42% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jun 10, 2026
Period
Q2 / 2026
EPS Estimate
$5.95
Revenue Estimate
6.588B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
72.44%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$331.26
Upside
+ 38.42%
From current price of $239.31 to mean target of $331.26, Based on 45 analyst forecasts
Low
$222.20
Median
$316.20
High
$483.00

Price Target Revisions

1 Month
-21.82%
3 Months
-24.13%

Price Target Summary

45 Wall Street analysts provided a forecast for the next 12 months for ADBE. The average price target is 331.26 USD. This implies a price increase of 38.42% is expected in the next year compared to the current price of 239.31.
The average price target has been revised downward by 24.13% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ADBE Current Analyst RatingADBE Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

ADBE Historical Analyst RatingsADBE Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40

Analyst Ratings Consensus

ChartMill Buy Consensus
72.44%
ADBE was analyzed by 45 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about ADBE.
In the previous month the buy percentage consensus was at a similar level.
ADBE was analyzed by 45 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-27MizuhoDowngrade Outperform -> Neutral
2026-04-22RBC CapitalReiterate Outperform -> Outperform
2026-04-17UBSMaintains Neutral -> Neutral
2026-04-17RBC CapitalMaintains Outperform -> Outperform
2026-04-13BTIGInitiate Neutral -> Neutral
2026-03-26William BlairDowngrade Outperform -> Market Perform
2026-03-16Argus ResearchDowngrade Buy -> Hold
2026-03-16Goldman SachsMaintains Sell -> Sell
2026-03-16CitigroupMaintains Neutral -> Neutral
2026-03-13TD CowenMaintains Hold -> Hold
2026-03-13MizuhoMaintains Outperform -> Outperform
2026-03-13BMO CapitalMaintains Market Perform -> Market Perform
2026-03-13UBSMaintains Neutral -> Neutral
2026-03-13KeybancMaintains Underweight -> Underweight
2026-03-13RBC CapitalMaintains Outperform -> Outperform
2026-03-13StifelMaintains Buy -> Buy
2026-03-13BarclaysDowngrade Overweight -> Equal-Weight
2026-03-13Wells FargoMaintains Overweight -> Overweight
2026-03-13JP MorganMaintains Overweight -> Overweight
2026-03-13Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-03-13Piper SandlerMaintains Neutral -> Neutral
2026-03-10TD CowenMaintains Hold -> Hold
2026-03-09RBC CapitalReiterate Outperform -> Outperform
2026-03-09Wells FargoMaintains Overweight -> Overweight
2026-03-06CitigroupMaintains Neutral -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jun 10, 2026
Period
Q2 / 2026
EPS Estimate
$5.95
Revenue Estimate
6.588B
Revenue Q2Q
12.17%
EPS Q2Q
17.60%
Number of Analysts
31

Next Earnings Revisions

Revenue (1 Month)
0.03%
Revenue (3 Months)
0.53%
EPS (1 Month)
0.07%
EPS (3 Months)
2.77%

Next Earnings Summary

ADBE is expected to report earnings on 6/10/2026. The consensus EPS estimate for the next earnings is 5.95 USD and the consensus revenue estimate is 6.59B USD.
The next earnings revenue estimate has been revised upward by 0.53% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
ADBE revenue by date.ADBE revenue by date.
19.409B
10.24%		21.505B
10.80%		23.769B
10.53%		26.557B
11.73%		28.882B
8.75%		31.299B
8.37%		35.454B
13.28%		38.788B
9.40%		39.874B
2.80%		42.865B
7.50%		45.951B
7.20%
EBITDA
YoY % growth
ADBE ebitda by date.ADBE ebitda by date.
7.522B
8.17%		8.598B
14.30%		9.524B
10.77%		12.708B
33.43%		13.547B
6.60%		14.273B
5.36%		15.965B
11.85%		17.409B
9.04%		N/AN/AN/A
EBIT
YoY % growth
ADBE ebit by date.ADBE ebit by date.
6.65B
9.05%		7.741B
16.41%		8.706B
12.47%		11.922B
36.94%		12.967B
8.77%		13.787B
6.32%		16.333B
18.47%		18.321B
12.17%		19.938B
8.83%		21.868B
9.68%		N/A
Operating Margin
ADBE operating margin by date.ADBE operating margin by date.
34.26%36.00%36.63%44.89%44.90%44.05%46.07%47.23%50.00%51.02%N/A
EPS
YoY % growth
ADBE eps by date.ADBE eps by date.
16.07
17.13%		18.42
14.62%		20.95
13.74%		24.02
14.67%		26.92
12.08%		30.19
12.15%		30.89
2.30%		33.20
7.50%		38.70
16.55%		41.61
7.51%		44.70
7.43%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		5.95
17.60%		5.88
10.65%		6.01
9.28%		6.70
10.58%		6.64
11.52%		6.73
14.58%		6.92
15.19%		7.53
12.44%		7.43
11.90%		7.53
11.84%		7.68
10.99%
Revenue
Q2Q % growth		6.588B
12.17%		6.641B
10.91%		6.823B
10.15%		7.061B
10.36%		7.157B
8.64%		7.251B
9.19%		7.461B
9.35%		7.708B
9.16%		7.779B
8.69%		7.851B
8.27%		8.066B
8.11%
EBITDA
Q2Q % growth		3.111B
22.72%		3.102B
10.51%		3.151B
2.34%		3.423B
32.06%		3.42B
9.93%		3.462B
11.61%		3.544B
12.47%		3.763B
9.93%		3.624B
5.96%		3.664B
5.83%		3.695B
4.26%
EBIT
Q2Q % growth		2.936B
39.21%		2.925B
34.61%		2.973B
31.49%		3.261B
34.86%		3.205B
9.16%		3.241B
10.80%		3.313B
11.44%		3.592B
10.15%		3.45B
7.64%		3.486B
7.56%		3.52B
6.25%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ADBE Yearly Revenue VS EstimatesADBE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B
ADBE Yearly EPS VS EstimatesADBE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10 20 30 40

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
12.96%
EPS Next 5 Year
9.65%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.01%
Revenue Next 5 Year
9.93%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
8.56%
EBIT Next 5 Year
9.31%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ADOBE INC / ADBE Forecast FAQ

What is the average price target for ADOBE INC (ADBE) stock?

45 analysts have analysed ADBE and the average price target is 331.26 USD. This implies a price increase of 38.42% is expected in the next year compared to the current price of 239.31.

When does ADOBE INC (ADBE) report earnings?

ADOBE INC (ADBE) will report earnings on 2026-06-10, after the market close.

What are the consensus estimates for ADOBE INC (ADBE) next earnings?

The consensus EPS estimate for the next earnings of ADOBE INC (ADBE) is 5.95 USD and the consensus revenue estimate is 6.59B USD.

How many analysts cover ADOBE INC (ADBE) stock?

The number of analysts covering ADOBE INC (ADBE) is 45.