Twenty-eight brokerages covering Adobe Inc. deliver a consensus rating of Hold, comprising four Sell, twelve Hold, eleven Buy and one Strong Buy recommendations. The average 12-month target price stands at 402.85, with Morgan Stanley lowering its target to 425 and maintaining an Equal Weight rating, Stifel Nicolaus cutting its target to 450 with a Buy rating, and UBS Group setting a 487 target in mid-December.

In its December quarter, Adobe reported revenue of 6.19 billion, up 10.5% year-over-year, and earnings of 5.50 per share, beating consensus by 0.10. Net margin remained at 30% with return on equity of 61.3%. Management issued Q1 2026 EPS guidance of 5.85–5.90 and full-year EPS guidance of 23.30–23.50, indicating continued double-digit ARR growth into the coming fiscal year.

Institutional investors own 81.8% of Adobe’s shares. Norges Bank opened a new stake valued at over 2 billion in Q2, while Franklin Resources increased its position by 68.9% to 1.94 million shares. Arrowstreet Capital lifted its holdings by 53.3% to 5.62 million shares in Q3, and Dodge & Cox added 1.57 million shares. CAO Jillian Forusz sold 149 shares on October 31, reducing her ownership by 4.17%.

Adobe’s market capitalization is approximately 124 billion, with a P/E ratio of 17.7, a PEG ratio of 1.17 and a beta of 1.53. The company maintains a current ratio of 1.00, a quick ratio of 1.02 and a debt-to-equity ratio of 0.53. Its twelve-month revenue range spans 295.42 to 465.70 , reflecting stability amid broader market volatility.