Adobe Stock Forecast

Stock Price Forecast

According to 39 analysts polled by S&P Global, Adobe stock has a consensus rating of "Hold" and an average price target of $276.4. The average 1-year stock price forecast is 10.34% higher than the current stock price, while the lowest is $195 (-22.16%) and the highest is $377.07 (+50.53%).

Price Target: $276.4 (+10.34%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$195	$276.4	$270	$377.07
Change	-22.16%	+10.34%	+7.78%	+50.53%

Analyst Ratings

The average analyst rating for Adobe stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart

Rating	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	13	12	9	8	8	7
Buy	3	3	2	4	4	4
Hold	19	20	25	23	23	23
Sell	0	0	0	1	1	1
Strong Sell	4	4	3	4	4	4
Total	39	39	39	40	40	39

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Moerdler Bernstein	Bernstein	Buy Maintains $373	Buy	Maintains	$373	+48.90%	Sep 15, 2026
Gabriela Borges Goldman Sachs	Goldman Sachs	Sell Maintains $190 → $200	Sell	Maintains	$190 → $200	-20.16%	Sep 14, 2026
Tyler Radke Citi	Citi	Hold Maintains $301 → $250	Hold	Maintains	$301 → $250	-0.20%	Sep 14, 2026
Unknown Analyst Oppenheimer No rating	Oppenheimer	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Sep 12, 2026
Gil Luria D.A. Davidson	D.A. Davidson	Buy Maintains $290	Buy	Maintains	$290	+15.77%	Sep 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

26.61B

from 23.77B

11.96%

from 23.77B

Revenue Next Year

29.05B

from 26.61B

9.16%

from 26.61B

EPS This Year

24.48

from 20.94

16.90%

from 20.94

EPS Next Year

27.66

from 24.48

13.01%

from 24.48

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 3, 2021	Dec 2, 2022	Dec 1, 2023	Nov 29, 2024	Nov 28, 2025	Nov 30, 2026
Revenue	15.79B	17.61B	19.41B	21.51B	23.77B	26.61B
Revenue Growth	22.67%	11.54%	10.24%	10.80%	10.53%	11.96%
Gross Profit	13.92B	15.44B	17.06B	19.15B	21.22B	23.86B
Gross Margin	88.18%	87.70%	87.87%	89.04%	89.27%	89.65%
Operating Income	5.80B	6.10B	6.65B	7.82B	8.71B	11.97B
Net Income	4.82B	4.76B	5.43B	5.56B	7.13B	7.28B
EPS	-	-	-	-	20.94	24.48
EPS Growth	-	-	-	-	13.68%	16.90%
Forward PE	45.17	23.09	35.27	25.95	14.03	10.23
Free Cash Flow	5.78B	6.27B	6.61B	7.95B	8.81B	10.44B
No. Analysts	-	-	-	-	-	33

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	26.7B
Avg	26.6B
Low	26.6B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	12.4%
Avg	12.0%
Low	11.8%

EPS Forecast

Chart

EPS	2026	2027	2028
High	24.60
Avg	24.48
Low	24.45

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	17.5%
Avg	16.9%
Low	16.8%