ADBE - Adobe Systems orporated - Stock Forecast

Technology - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

ADBE is currently covered by 29 analysts with an average price target of $593.4. This is a potential upside of $55.83 (10.39%) from yesterday's end of day stock price of $537.57.

Adobe Systems orporated's activity chart (see below) currently has 623 price targets and 555 ratings on display. The stock rating distribution of ADBE is 71.27% BUY and 28.73% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 86.94% with an average time for these price targets to be met of 137.65 days.

Highest price target for ADBE is $705, Lowest price target is $380, average price target is $593.4.

Most recent stock forecast was given by STEFAN SLOWINSKI from BNP on 18-Jan-2024. First documented stock forecast 01-Dec-2009.

Split History since 2000:

5/24/05 2 for 1

10/25/00 2 for 1

Overview

Adobe is a diversified software company that operates globally. The company provides digital media, digital experience, and publishing and advertising solutions through its three segments.

The Digital Media segment

Offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content. The segment’s flagship product is the Creative Cloud, a subscription-based service that provides access to Adobe’s creative products such as Photoshop, Illustrator, and InDesign. This segment serves a diverse range of users including content creators, marketers, educators, enthusiasts, and consumers. Additionally, the Digital Media segment provides Document Cloud, a unified cloud-based document services platform that enables users to create, edit, sign, and share PDF documents.

The Digital Experience segment

Provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences. The segment offers a range of solutions such as analytics, advertising, marketing automation, personalization, and e-commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite.

The Publishing and Advertising segment

Offers products and services such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. This segment serves customers in the education, financial services, government, manufacturing, and retail industries.

Distribution

Adobe offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end-users through app stores and its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers.

History

Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.

Currently out of the existing stock ratings of ADBE, 129 are a BUY (71.27%), 52 are a HOLD (28.73%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Hold

499

$-38.57 (-7.17%)

325

1 months 8 days ago

2/3 (66.67%)

$-97.1 (-16.29%)

317

Buy

705

$167.43 (31.15%)

650

1 months 24 days ago

24/30 (80%)

$108.4 (18.17%)

160

Buy

700

$162.43 (30.22%)

640

2 months 8 days ago

24/28 (85.71%)

$100.87 (16.84%)

134

Buy

615

$77.43 (14.40%)

615

2 months 12 days ago

15/15 (100%)

$30.36 (5.19%)

134

Hold

675

$137.43 (25.57%)

570

2 months 14 days ago

11/12 (91.67%)

$41.34 (6.52%)

94

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What is ADBE (Adobe Systems orporated) average time for price targets to be met?

On average it took 137.65 days on average for the stock forecasts to be realized with a an average price target met ratio 86.94

Which analyst has the current highest performing score on ADBE (Adobe Systems orporated) with a proven track record?

MATTHEW SWANSON

Which analyst has the most public recommendations on ADBE (Adobe Systems orporated)?

Matthew Swanson works at RBC and has 15 price targets and 9 ratings on ADBE

Which analyst is the currently most bullish on ADBE (Adobe Systems orporated)?

Jennifer Swanson Lowe with highest potential upside - $354.22

Which analyst is the currently most reserved on ADBE (Adobe Systems orporated)?

Kirk Adams with lowest potential downside - -$425.57

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