E. Ohman J or Asset Management AB reduced its Adobe position by 77.9% in Q3, selling 63,644 shares and ending the quarter with 18,014 shares valued at 6,354,000. Brighton Jones LLC modestly increased its holding by 2.1%, adding 167 shares to reach 8,068 shares valued at 3,588,000 in Q4. Quantbot Technologies LP and WPG Advisers LLC each initiated positions worth 59,000 in Q1. Magnetar Financial LLC expanded its stake by 254.0%, purchasing 1,852 shares to hold 2,581 shares worth 990,000, while Evergreen Capital Management LLC grew its position by 88.3% to 6,069 shares valued at 2,328,000. Overall, institutional investors account for 81.79% of Adobe’s shares.

In its Q4 fiscal 2025 report, Adobe delivered earnings per share of 5.50, surpassing consensus of 5.40 by 0.10. Revenue reached 6.19 billion, topping forecasts of 6.11 billion and marking a 10.5% year-over-year increase. The company reported a net margin of 30.00% and return on equity of 61.28%. For Q1 2026, Adobe guided to EPS between 5.850 and 5.900, and full-year 2026 EPS between 23.300 and 23.500. Sell-side analysts project full-year EPS of 16.65.

Among recent research notes, one analyst has issued a Strong Buy rating, fourteen have assigned Buy ratings, eleven have given Hold ratings and three have issued Sell ratings on Adobe. The consensus analyst rating is Hold, with an average target price of 417.93.

Chief Accounting Officer Jillian Forusz sold 149 shares on October 31st at an average price of 337.88, generating proceeds of 50,344.12. Post-sale, she holds 3,426 shares valued at approximately 1,157,576.88, representing a 4.17% reduction in her position. Company insiders collectively own 0.16% of outstanding shares.