Adobe Stock Forecast

Stock Price Forecast

The 22 analysts that cover Adobe stock have a consensus rating of "Buy" and an average price target of $428.95, which forecasts a 21.24% increase in the stock price over the next year. The lowest target is $280 and the highest is $540.

Price Target: $428.95 (+21.24%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$280	$428.95	$430	$540
Change	-20.86%	+21.24%	+21.54%	+52.63%

Analyst Ratings

The average analyst rating for Adobe stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	4	4	4	4	4	4
Buy	11	11	10	10	10	10
Hold	6	6	8	8	8	7
Sell	0	0	0	0	0	1
Strong Sell	1	1	1	1	1	1
Total	22	22	23	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tyler Radke Citigroup	Citigroup	Hold Maintains $366 → $387	Hold	Maintains	$366 → $387	+9.38%	Dec 17, 2025
Keith Bachman BMO Capital	BMO Capital	Buy Maintains $405 → $400	Buy	Maintains	$405 → $400	+13.06%	Dec 15, 2025
Jackson Ader Keybanc	Keybanc	Hold → Sell Downgrades $310	Hold → Sell	Downgrades	$310	-12.38%	Dec 15, 2025
Brent Thill Jefferies	Jefferies	Strong Buy Maintains $590 → $500	Strong Buy	Maintains	$590 → $500	+41.32%	Dec 11, 2025
Gil Luria DA Davidson	DA Davidson	Strong Buy Maintains $500	Strong Buy	Maintains	$500	+41.32%	Dec 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.55B

from 23.77B

11.70%

from 23.77B

Revenue Next Year

29.00B

from 26.55B

9.21%

from 26.55B

EPS This Year

23.96

from 16.70

43.49%

from 16.70

EPS Next Year

27.08

from 23.96

13.01%

from 23.96

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 3, 2021	Dec 2, 2022	Dec 1, 2023	Nov 29, 2024	Nov 28, 2025	Nov 28, 2026	Nov 28, 2027
Revenue	15.79B	17.61B	19.41B	21.51B	23.77B	26.55B	29.00B
Revenue Growth	22.67%	11.54%	10.24%	10.80%	10.53%	11.70%	9.21%
EPS	10.02	10.10	11.82	12.36	16.70	23.96	27.08
EPS Growth	-7.48%	0.80%	17.03%	4.57%	35.11%	43.49%	13.01%
Forward PE	-	-	-	-	-	14.76	13.07
No. Analysts	-	-	-	-	-	41	38

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	27.6B	30.6B
Avg	26.6B	29.0B
Low	25.1B	26.2B

Revenue Growth

Revenue Growth	2026	2027
High	16.3%	15.2%
Avg	11.7%	9.2%
Low	5.4%	-1.3%

EPS Forecast

EPS	2026	2027
High	25.84	29.52
Avg	23.96	27.08
Low	22.77	24.11

EPS Growth

EPS Growth	2026	2027
High	54.7%	23.2%
Avg	43.5%	13.0%
Low	36.3%	0.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.