Adobe (NASDAQ:ADBE) Updates FY 2025 Earnings Guidance

Adobe (NASDAQ:ADBE) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 20.200-20.500 for the period, compared to the consensus EPS estimate of 20.390. The company issued revenue guidance of $23.3 billion-$23.6 billion, compared to the consensus revenue estimate of $23.5 billion. Adobe also updated its Q2 2025 guidance to 4.950-5.000 EPS.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Wells Fargo & Company lowered their target price on Adobe from $640.00 to $600.00 and set an “overweight” rating for the company in a research note on Friday, March 7th. Citigroup lowered their price objective on shares of Adobe from $551.00 to $490.00 and set a “neutral” rating for the company in a research report on Monday. Jefferies Financial Group reduced their target price on shares of Adobe from $700.00 to $650.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Royal Bank of Canada lowered their price target on shares of Adobe from $590.00 to $550.00 and set an “outperform” rating for the company in a report on Friday, March 7th. Finally, StockNews.com downgraded Adobe from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $563.96.

Adobe Stock Up 1.1 %

Shares of Adobe stock traded up $4.94 on Wednesday, hitting $438.60. The company had a trading volume of 5,184,676 shares, compared to its average volume of 3,427,654. Adobe has a twelve month low of $403.75 and a twelve month high of $587.75. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a 50-day moving average of $439.13 and a 200-day moving average of $484.86. The firm has a market capitalization of $190.97 billion, a P/E ratio of 35.37, a P/E/G ratio of 2.15 and a beta of 1.37.

Adobe (NASDAQ:ADBE) last released its earnings results on Wednesday, December 11th. The software company reported $4.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.67 by $0.14. Adobe had a return on equity of 45.87% and a net margin of 25.85%. The firm had revenue of $5.61 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter in the prior year, the company earned $3.52 EPS. The company’s revenue was up 11.1% on a year-over-year basis. Research analysts predict that Adobe will post 16.65 earnings per share for the current year.

Insider Transactions at Adobe

In other Adobe news, EVP Scott Belsky sold 3,819 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $430.24, for a total value of $1,643,086.56. Following the sale, the executive vice president now owns 18,334 shares in the company, valued at approximately $7,888,020.16. The trade was a 17.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Jillian Forusz sold 334 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $435.83, for a total transaction of $145,567.22. Following the transaction, the chief accounting officer now directly owns 2,685 shares of the company’s stock, valued at $1,170,203.55. This represents a 11.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,075 shares of company stock valued at $2,191,826 over the last three months. Company insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Adobe

An institutional investor recently raised its position in Adobe stock. Brighton Jones LLC increased its stake in Adobe Inc. (NASDAQ:ADBE) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,068 shares of the software company’s stock after buying an additional 167 shares during the quarter. Brighton Jones LLC’s holdings in Adobe were worth $3,588,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 81.79% of the company’s stock.

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.