Adobe (ADBE)
(Delayed Data from NSDQ)
$551.00 USD
-5.85 (-1.05%)
Updated Jul 19, 2024 04:00 PM ET
After-Market: $550.99 -0.01 (0.00%) 7:58 PM ET
3-Hold of 5 3
D Value B Growth C Momentum C VGM
Adobe Systems (ADBE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$613.60 | $730.00 | $450.00 | 10.19% |
Price Target
Based on short-term price targets offered by 30 analysts, the average price target for Adobe Systems comes to $613.60. The forecasts range from a low of $450.00 to a high of $730.00. The average price target represents an increase of 10.19% from the last closing price of $556.85.
Analyst Price Targets (30)
Broker Rating
Adobe Systems currently has an average brokerage recommendation (ABR) of 1.72 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 32 brokerage firms. The current ABR compares to an ABR of 1.70 a month ago based on 33 recommendations.
Of the 32 recommendations deriving the current ABR, 22 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 68.75% and 3.13% of all recommendations. A month ago, Strong Buy made up 69.7%, while Buy represented 3.03%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/ADBE.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 22 | 22 | 23 | 22 | 22 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 7 | 7 | 7 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 1.72 | 1.72 | 1.70 | 1.72 | 1.72 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
6/17/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/14/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/14/2024 | Robert W. Baird & Co. | Rob Oliver | Hold | Hold |
6/14/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/14/2024 | JMP Securities | Patrick D Walravens | Hold | Hold |
6/14/2024 | BMO Capital Markets | Keith Bachman | Strong Buy | Strong Buy |
6/14/2024 | Piper Sandler | Brent A Bracelin | Strong Buy | Strong Buy |
6/14/2024 | Wells Fargo Securities | Michael J Turrin | Strong Buy | Strong Buy |
6/13/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/13/2024 | Not Identified | Not Identified | Hold | Hold |
6/10/2024 | Not Identified | Not Identified | Not Available | Hold |
6/10/2024 | Not Identified | Not Identified | Hold | Hold |
6/5/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
4/1/2024 | Cowen & Co. | Derrick Wood | Strong Buy | Strong Buy |
3/27/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/27/2024 | Evercore Partners | Stewart K Materne | Strong Buy | Strong Buy |
3/27/2024 | Mizuho SecuritiesUSA | Gregg Moskowitz | Strong Buy | Strong Buy |
3/21/2024 | KeyBanc Capital Markets | Jackson E Ader | Strong Sell | Strong Sell |
3/15/2024 | William Blair | Jacob Roberge | Strong Buy | Strong Buy |
3/15/2024 | UBS | Karl E Keirstead | Hold | Hold |
3/15/2024 | D.A. Davidson | Gil Luria | Strong Buy | Strong Buy |
3/15/2024 | Griffin Securities | Jay Vleeschhouwer | Strong Buy | Strong Buy |
3/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/15/2024 | Not Identified | Not Identified | Hold | Hold |
2/20/2024 | Goldman Sachs | Kasthuri G Rangan | Strong Buy | Strong Buy |
1/18/2024 | Exane BNP Paribas | Stefan Slowinski | Hold | Strong Sell |
12/4/2023 | Not Identified | Not Identified | Not Available | Strong Buy |
12/1/2023 | Not Identified | Not Identified | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.72 |
ABR (Last week) | 1.72 |
# of Recs in ABR | 32 |
Average Target Price | $613.60 |
LT Growth Rate | 13.00% |
Industry | Computer - Software |
Industry Rank by ABR | 157 of 252 |
Current Quarter EPS Est: | 4.53 |