Adobe (NASDAQ:ADBE) Updates FY 2025 Earnings Guidance

Adobe (NASDAQ:ADBE) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 20.200-20.500 for the period, compared to the consensus earnings per share 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

ADBE has been the topic of several analyst reports. Citigroup cut their price target on shares of Adobe from $551.00 to $490.00 and set a “neutral” rating on the stock in a research report on Monday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $475.00 target price (down previously from $600.00) on shares of Adobe in a report on Wednesday, January 8th. TD Cowen downgraded Adobe from a “buy” rating to a “hold” rating and decreased their price target for the company from $625.00 to $550.00 in a research note on Thursday, December 12th. Piper Sandler dropped their price objective on Adobe from $635.00 to $600.00 and set an “overweight” rating on the stock in a research note on Thursday, December 12th. Finally, Morgan Stanley decreased their target price on shares of Adobe from $660.00 to $600.00 and set an “overweight” rating for the company in a research note on Thursday. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Adobe currently has a consensus rating of “Moderate Buy” and a consensus target price of $558.96.

Adobe Stock Performance

Shares of NASDAQ ADBE opened at $438.60 on Thursday. Adobe has a one year low of $403.75 and a one year 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 firm has a market cap of $190.97 billion, a price-to-earnings ratio of 35.37, a P/E/G ratio of 2.15 and a beta of 1.37. The stock’s fifty day moving average price is $439.01 and its two-hundred day moving average price is $484.54.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Wednesday, March 12th. The software company reported $5.08 earnings per share for the quarter, topping the consensus estimate of $4.97 by $0.11. Adobe had a net margin of 25.85% and a return on equity of 45.87%. The business had revenue of $5.71 billion during the quarter, compared to analysts’ expectations of $5.66 billion. During the same quarter in the previous year, the company earned $4.48 EPS. On average, equities analysts forecast that Adobe will post 16.65 EPS for the current year.

Insider Buying and Selling

In other news, Director David A. Ricks acquired 2,250 shares of Adobe stock in a transaction on Tuesday, January 28th. The shares were purchased at an average cost of $443.98 per share, for a total transaction of $998,955.00. Following the completion of the purchase, the director now directly owns 4,984 shares of the company’s stock, valued at approximately $2,212,796.32. This represents a 82.30 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Jillian Forusz sold 334 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $435.83, for a total transaction of $145,567.22. Following the completion of the transaction, the chief accounting officer now directly owns 2,685 shares in the company, valued at approximately $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 have sold 5,075 shares of company stock valued at $2,191,826 over the last 90 days. 0.15% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Adobe stock. Brighton Jones LLC grew its holdings in Adobe Inc. (NASDAQ:ADBE) by 2.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,068 shares of the software company’s stock after purchasing 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. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Company Profile

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.