Adobe Systems Incorporated (ADBE) Stock Forecast & Price Target
Adobe Systems Incorporated · NASDAQ
$249.18+11.43 (+4.81%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 29 firms covering Adobe Systems Incorporated, 7 rate it Buy or better, 18 sit at Hold, and 4 rate it Sell or worse, a hold consensus. Targets span $190.00 to $379.00, a moderate spread. The average target of $248.86 is roughly in line with the current $249.18. Sentiment has cooled somewhat, with Sell ratings rising from 3 to 4 over recent months. On the fundamentals, the Street sees revenue growth near 10% this year and 9% next, consensus EPS building from about $6.32 next quarter toward $27.49 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS29 ratings
Hold
Strong Buy00%
Buy724%
Hold1862%
Sell414%
Strong Sell00%
Based on 29 analysts giving stock ratings to Adobe Systems Incorporated.
As of Jul, 7 of 29 firms rate ADBE a Buy (18 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
ADBE EPS & revenue forecast
EPS · NEXT QUARTER
$6.32
Range $5.88 – $6.62 · 29 analysts · +15% YoY
Next period, 29 analysts expect Adobe Systems Incorporated to earn $6.32 a share (range $5.88 – $6.62), versus $5.50 a year earlier. Full-year consensus is $24.41, growing to $27.49 the year after.
REVENUE · NEXT QUARTER
$6.8B
Range $6.5B – $7.0B · 29 analysts · +9% YoY
Revenue is expected to reach $6.8B (range $6.5B – $7.0B), +9.0% year-over-year. Full-year consensus is $26.5B, rising to $28.9B next year.
Top analysts covering Adobe Systems Incorporated
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ADBE.
#1
Patrick Walravens
JMP Securities · Rank #378
Hold
No targeton ADBE
Overall win rate
15%
+ Follow
#2
MS
Matthew Swanson
RBC Capital
Buy
$285.00+14.4% to target
Coverage
—
+ Follow
#3
Tyler Radke
Citigroup
Hold
$228.00-8.5% to target
Coverage
—
+ Follow
#4
Derrick Wood
TD Cowen
Hold
$245.00-1.7% to target
Coverage
—
+ Follow
#5
Karl Keirstead
UBS
Hold
$225.00-9.7% to target
Coverage
—
+ Follow
ADBE stock forecast FAQ
What is ADBE's average 12-month price target?+
The 22 analysts with a live target average $248.86 for Adobe Systems Incorporated over the next 12 months, ranging from a $379.00 high to a $190.00 low.
Is ADBE stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 29 analyst ratings, 7 are Buy or Strong Buy, 18 are Hold, and 4 are Sell or Strong Sell.
What are the highest and lowest price targets for ADBE?+
The Street-high target is $379.00 (Bernstein), and the Street-low is $190.00 (B of A Securities). The average of all 22 active targets is $248.86.
How many Wall Street analysts cover ADBE?+
29 analysts have an active rating on Adobe Systems Incorporated, and 22 firms carry a live 12-month price target.
Who is the most accurate analyst covering ADBE?+
Among analysts who currently cover ADBE, Patrick Walravens of JMP Securities has the strongest overall Quantellect track record (Rank #378). Their current call is Hold.
What is Adobe Systems Incorporated's projected EPS for next quarter?+
The consensus estimate is $6.32 per share (range $5.88 – $6.62) across 29 analysts. Full-year EPS is projected at $24.41, rising to $27.49 the following year.
How much revenue is Adobe Systems Incorporated expected to report next quarter?+
Consensus revenue is $6.8B (range $6.5B – $7.0B). Full-year revenue is projected at $26.5B, growing to $28.9B next year.
Have analysts been upgrading or downgrading ADBE lately?+
As of Jul, 7 of 29 firms rate ADBE a Buy (18 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ADBE calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
JP Morgan
