Adobe (NASDAQ:ADBE) Releases Q2 2025 Earnings Guidance

Adobe (NASDAQ:ADBE) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.950-5.000 for the period, compared to the consensus estimate of 5.000. The company issued revenue guidance of $5.8 billion-$5.8 billion, compared to the consensus revenue estimate of $5.8 billion. Adobe also updated its FY 2025 guidance to 20.200-20.500 EPS.

Analyst Ratings Changes

A number of brokerages have commented on ADBE. TD Cowen cut Adobe from a “buy” rating to a “hold” rating and reduced their price target for the stock from $625.00 to $550.00 in a research report on Thursday, December 12th. UBS Group cut their price objective on shares of Adobe from $525.00 to $475.00 and set a “neutral” rating for the company in a report on Friday, January 3rd. Mizuho dropped their price target on Adobe from $640.00 to $620.00 and set an “outperform” rating for the company in a research note on Thursday, December 12th. Bank of America reduced their price objective on Adobe from $640.00 to $605.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Finally, StockNews.com lowered Adobe from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Adobe has a consensus rating of “Moderate Buy” and a consensus price target of $563.96.

Adobe Stock Performance

ADBE traded up $4.94 during trading on Wednesday, reaching $438.60. The company’s stock had a trading volume of 4,965,181 shares, compared to its average volume of 3,427,654. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.07 and a current ratio of 1.07. The company’s fifty day moving average price is $439.13 and its 200-day moving average price is $484.86. Adobe has a 52-week low of $403.75 and a 52-week high of $587.75. The company has a market capitalization of $190.97 billion, a price-to-earnings ratio of 35.37, a price-to-earnings-growth ratio of 2.15 and a beta of 1.37.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Wednesday, March 12th. The software company reported $4.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.97 by ($0.69). Adobe had a return on equity of 45.87% and a net margin of 25.85%. On average, equities analysts forecast that Adobe will post 16.65 earnings per share for the current fiscal year.

Insider Buying and Selling at Adobe

In related news, EVP Scott Belsky sold 922 shares of the business’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $437.28, for a total value of $403,172.16. Following the completion of the transaction, the executive vice president now owns 22,153 shares of the company’s stock, valued at approximately $9,687,063.84. The trade was a 4.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David A. Ricks bought 2,250 shares of the stock in a transaction on Tuesday, January 28th. The stock was purchased at an average cost of $443.98 per share, with a total value of $998,955.00. Following the completion of the purchase, the director now directly owns 4,984 shares in the company, valued at $2,212,796.32. This trade represents a 82.30 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 5,075 shares of company stock worth $2,191,826. 0.15% of the stock is owned by insiders.

Hedge Funds Weigh In On Adobe

An institutional investor recently raised its position in Adobe stock. Brighton Jones LLC grew its holdings in Adobe Inc. (NASDAQ:ADBE) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,068 shares of the software company’s stock after acquiring an additional 167 shares during the period. Brighton Jones LLC’s holdings in Adobe were worth $3,588,000 as of its most recent SEC filing. 81.79% of the stock is currently owned by institutional investors and hedge funds.

About Adobe

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.