Adobe Stock Forecast

Stock Price Forecast

The 26 analysts with 12-month price forecasts for Adobe stock have an average target of 583.92, with a low estimate of 445 and a high estimate of 700. The average target predicts an increase of 31.16% from the current stock price of 445.19.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$445	$583.92	$600	$700
Change	-0.04%	+31.16%	+34.77%	+57.24%

Analyst Ratings

The average analyst rating for Adobe stock from 27 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	8	8	8	6	6	6
Buy	12	12	13	12	12	12
Hold	7	7	6	6	6	6
Sell	3	3	3	3	3	3
Strong Sell	0	0	0	0	0	0
Total	30	30	30	27	27	27

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gil Luria DA Davidson	DA Davidson	Strong Buy Maintains $685 → $625	Strong Buy	Maintains	$685 → $625	+40.39%	Dec 12, 2024
Mark Moerdler Bernstein	Bernstein	Buy Maintains $644 → $587	Buy	Maintains	$644 → $587	+31.85%	Dec 12, 2024
Saket Kalia Barclays	Barclays	Buy Maintains $675 → $645	Buy	Maintains	$675 → $645	+44.88%	Dec 12, 2024
Karl Keirstead UBS	UBS	Hold Maintains $550 → $525	Hold	Maintains	$550 → $525	+17.93%	Dec 12, 2024
Matthew Swanson RBC Capital	RBC Capital	Buy Maintains $610 → $590	Buy	Maintains	$610 → $590	+32.53%	Dec 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

24.00B

from 21.51B

11.60%

from 21.51B

Revenue Next Year

26.44B

from 24.00B

10.15%

from 24.00B

EPS This Year

20.85

from 12.36

68.65%

from 12.36

EPS Next Year

23.59

from 20.85

13.16%

from 20.85

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Nov 27, 2020	Dec 3, 2021	Dec 2, 2022	Dec 1, 2023	Nov 29, 2024	Nov 29, 2025	Nov 29, 2026	Nov 29, 2027
Revenue	12.87B	15.79B	17.61B	19.41B	21.51B	24.00B	26.44B	28.95B
Revenue Growth	15.19%	22.67%	11.54%	10.24%	10.80%	11.60%	10.15%	9.50%
EPS	10.83	10.02	10.10	11.82	12.36	20.85	23.59	26.42
EPS Growth	80.50%	-7.48%	0.80%	17.03%	4.57%	68.65%	13.16%	12.02%
Forward PE	-	-	-	-	-	21.36	18.87	16.85
No. Analysts	-	-	-	-	-	40	38	12

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

Revenue Forecast

Revenue	2025	2026	2027
High	25.1B	28.2B	31.7B
Avg	24.0B	26.4B	28.9B
Low	22.9B	25.0B	26.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	16.5%	17.4%	19.7%
Avg	11.6%	10.2%	9.5%
Low	6.6%	4.0%	0.4%

EPS Forecast

EPS	2025	2026	2027
High	22.07	26.10	28.48
Avg	20.85	23.59	26.42
Low	19.84	21.76	24.38

EPS Growth

EPS Growth	2025	2026	2027
High	78.6%	25.2%	20.7%
Avg	68.6%	13.2%	12.0%
Low	60.5%	4.4%	3.4%

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.