
Adobe (ADBE) Stock Forecast & Price Target
Adobe (ADBE) Analyst Ratings
Bulls say
Adobe's strong financial performance is highlighted by its Digital Media revenue reaching $4.460 billion, reflecting a 12% year-over-year increase, which surpassed both consensus estimates and company expectations. The company's guidance for FY2025 indicates robust total revenue growth, projected between $23.65 billion and $23.70 billion, representing a 10% increase year-over-year at the midpoint. Additionally, calculated billings rose to $6.188 billion, a 10% year-over-year increase, further demonstrating Adobe's resilience and operational strength amid a competitive market landscape.
Bears say
Adobe's financial outlook is undermined by a significant product transition towards an AI-influenced suite, creating uncertainties that have led to lowered growth assumptions and a decrease in the CY29E EV/FCF multiple. Although non-GAAP operating margins and EPS exceeded consensus estimates, operating cash flow was underwhelming compared to previous expectations, revealing potential weaknesses in future cash generation. Additionally, risks associated with potential acquisitions of higher-growth yet lower-margin businesses further complicate the earnings power outlook, contributing to the negative sentiment surrounding Adobe's stock.
This aggregate rating is based on analysts' research of Adobe and is not a guaranteed prediction by Public.com or investment advice.
Adobe (ADBE) Analyst Forecast & Price Prediction
Start investing in Adobe (ADBE)
Order type
Buy in
Order amount
Est. shares
0 shares