Adobe Inc (ADBE) Stock Forecast & Predictions

Adobe Inc ADBE: $507.29

345 Park Ave, San Jose, California, US. | Sector: Information | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.adobe.com/

  • Market Cap$244.90B
  • Change (52 Weeks)52.13%
  • Low (52 Weeks)$332.57
  • Adobe Inc (ADBE) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Adobe Inc (ADBE) stock price is $507.29 and the 52 weeks low is $332.57, which means the Adobe Inc stock price is up 52.13% in the last 12 months.

    Adobe Inc (ADBE) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that ADBE Stock price might rise further, 25.00% indicating that ADBE Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall ADBE stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Adobe Inc (ADBE) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Adobe Inc (ADBE) is based on 33 Institutional Analyst Ratings where 45.45% are on Strong Buy, 36.36% on Moderate Buy, 18.18% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 33 Institutional Analysts, majority recommended ADBE stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Adobe Inc.

    Adobe Inc (ADBE) Stock Price Prediction By Analysts


    HighLowAverage
    $640.50$515.10$576.94
    $576.9413.73% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for ADBE set by the institutional analysts is $576.94 where High Estimate is $640.50, Median $583.338 and Low $515.10.

    The average price target for ADBE by Institutional Analysts is $576.94, which is 13.73% Upside from the current price. So according to the Institutional Analysts, ADBE Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Adobe Inc (ADBE) Stock Forecast Based on News Sentiment


    Bullish
    Based on 24 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about ADBE, it shows that Adobe Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that ADBE stock price may surge in the next few weeks.

    Adobe Inc (ADBE) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    B of A SecuritiesBuyReiterated
    Morgan StanleyOverweightMaintained
    BMO CapitalOutperformMaintained
    WedbushNeutralMaintained
    Goldman SachsBuyInitiated
    Credit SuisseOutperformMaintained
    DZ BankBuyUpgraded
    Wells FargoEqual-WeightMaintained
    StifelBuyMaintained
    Piper SandlerOverweightMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalOutperformMaintained
    B of A SecuritiesBuyMaintained
    Morgan StanleyOverweightMaintained
    Cowen & Co.OutperformUpgraded
    UBSBuyMaintained
    RBC CapitalOutperformMaintained
    JefferiesBuyMaintained
    BarclaysOverweightMaintained
    CitigroupNeutralMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    B of A SecuritiesBuyMaintained
    UBSBuyMaintained
    DZ BankHoldDowngraded
    BMO CapitalOutperformMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyOverweightMaintained
    OppenheimerOutperformMaintained
    CFRABuyMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoEqual-WeightMaintained
    UBSBuyMaintained
    StifelBuyMaintained
    JP MorganOverweightUpgraded
    Credit SuisseOutperformMaintained
    Cowen & Co.Market PerformMaintained
    CitigroupNeutralMaintained
    UBSBuyMaintained
    Cleveland ResearchBuyUpgraded
    OppenheimerOutperformUpgraded
    Wells FargoEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    JefferiesBuyMaintained
    B of A SecuritiesBuyReiterated
    Wells FargoEqual-WeightReiterated
    WedbushNeutralMaintained
    Stifel NicolausBuyMaintained
    StifelBuyMaintained
    PiperJaffrayOverweightMaintained
    NomuraBuyMaintained
    Credit SuisseOutperformReiterated
    Canaccord GenuityBuyMaintained
    BarclaysOverweightMaintained
    BMO CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoMarket PerformMaintained
    JP MorganNeutralMaintained
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BMO CapitalOutperformMaintained
    CitigroupNeutralDowngraded
    Cleveland ResearchNeutralInitiated
    RBC CapitalOutperformMaintained
    NomuraBuyMaintained
    JP MorganNeutralMaintained
    CitiBuyMaintained
    BMO CapitalOutperformMaintained
    Stephens & Co.OverweightUpgraded
    Wells FargoMarket PerformMaintained
    WedbushNeutralMaintained
    Canaccord GenuityBuyMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    Morgan StanleyOverweightUpgraded
    KeyBancSector WeightDowngraded
    Canaccord GenuityBuyMaintained
    DZ BankHoldDowngraded
    Cowen & Co.Market PerformDowngraded
    Stephens & Co.Equal-WeightInitiated
    Atlantic EquitiesNeutralInitiated
    Pivotal ResearchBuyUpgraded
    DZ BankBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    BMO CapitalOutperformMaintained
    CitigroupBuyMaintained
    NomuraBuyInitiated
    WedbushNeutralInitiated
    BarclaysOverweightMaintained
    ArgusBuyMaintained
    Stifel NicolausBuyMaintained
    KeyBancOverweightMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    BMO CapitalOutperformMaintained
    Bank of AmericaBuyMaintained
    BairdOutperformMaintained
    Wells FargoMarket PerformMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    JMP SecuritiesMarket PerformDowngraded
    DZ BankBuyUpgraded
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    JP MorganNeutralMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralDowngraded
    KeyBancOverweightMaintained
    UBSBuyInitiated
    ArgusBuyMaintained
    Pivotal ResearchHoldUpgraded
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    Deutsche BankHoldDowngraded
    JefferiesBuyMaintained
    Canaccord GenuityBuyMaintained
    Moffett NathansonBuyInitiated
    JefferiesBuyInitiated
    Pivotal ResearchSellDowngraded
    BarclaysOverweightInitiated
    GuggenheimBuyInitiated
    Stifel NicolausBuyInitiated
    Credit SuisseOutperformUpgraded
    WunderlichBuyUpgraded
    Pivotal ResearchHoldDowngraded
    Wells FargoMarket PerformInitiated
    BMO CapitalOutperformInitiated
    BTIG ResearchNeutralInitiated
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    UBSBuyMaintained
    Pacific CrestOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsNeutralMaintained
    Credit SuisseNeutralMaintained
    Cowen & Co.OutperformMaintained
    CitigroupBuyMaintained
    Canaccord GenuityBuyMaintained
    Stephens & Co.OverweightInitiated
    PiperJaffrayOverweightInitiated
    Cowen & Co.OutperformInitiated
    DoughertyBuyMaintained
    Canaccord GenuityBuyInitiated
    Deutsche BankBuyMaintained
    RBC CapitalOutperformMaintained
    Goldman SachsNeutralMaintained
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    BernsteinOutperformMaintained
    Goldman SachsNeutralMaintained
    DoughertyBuyInitiated
    Credit SuisseNeutralMaintained
    Atlantic EquitiesOverweightUpgraded
    SusquehannaPositiveMaintained
    JP MorganOverweightMaintained
    RBC CapitalOutperformMaintained
    JefferiesBuyMaintained
    OppenheimerPerformInitiated
    BairdOutperformUpgraded
    RBC CapitalOutperformUpgraded
    CitigroupBuyMaintained
    KeyBancOverweightMaintained
    WunderlichHoldInitiated
    JP MorganOverweightInitiated
    Stephens & Co.OverweightInitiated
    CitigroupBuyMaintained
    Pivotal ResearchBuyInitiated
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    Bank of AmericaBuyMaintained
    JefferiesBuyInitiated
    JefferiesBuyInitiated
    CitigroupBuyMaintained
    CIBCBuyMaintained
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    UBSBuyMaintained
    FBR CapitalMarket PerformMaintained
    CitigroupBuyMaintained
    Morgan StanleyNeutralMaintained
    SusquehannaPositiveInitiated
    Bank of AmericaBuyMaintained
    Sterne AgeeBuyInitiated
    Argus CapitalBuyUpgraded
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankBuyMaintained
    Pacific CrestOutperformUpgraded
    FBR CapitalMarket PerformUpgraded
    JefferiesBuyUpgraded
    JefferiesHoldMaintained
    Bank of AmericaBuyUpgraded
    UBSBuyMaintained
    B. Riley FBRBuyInitiated
    B. RileyBuyInitiated
    Goldman SachsNeutralUpgraded
    Evercore PartnersOverweightInitiated
    UBSBuyMaintained
    Stifel NicolausHoldDowngraded
    PiperJaffrayNeutralMaintained
    JefferiesHoldMaintained
    Goldman SachsSellMaintained
    Deutsche BankBuyMaintained
    JefferiesHoldMaintained
    CitigroupBuyMaintained
    Bank of AmericaNeutralDowngraded
    Deutsche BankBuyMaintained
    Goldman SachsSellMaintained
    UBSBuyMaintained
    PiperJaffrayNeutralMaintained
    JMP SecuritiesMarket OutperformUpgraded
    Janney CapitalNeutralDowngraded
    Goldman SachsSellMaintained
    Deutsche BankBuyMaintained
    Credit SuisseNeutralMaintained
    Bank of AmericaBuyMaintained
    JefferiesHoldMaintained
    UBSBuyMaintained
    Stifel NicolausBuyMaintained
    Bank of AmericaBuyMaintained
    Deutsche BankBuyMaintained
    PiperJaffrayNeutralMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    UBSBuyMaintained

    Adobe Inc (ADBE) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.869
    The average consensus EPS for ADBE is $2.869 with a high estimate of $2.993 and Low of $2.734 for the period 2021-06-30 and based on 24 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.81$2.709122020-12-31


    The latest average Earning Per Share Estimate for Adobe Inc is $2.87, which is higher than ADBE's last EPS, $2.81. This means that Analysts are expecting Adobe Inc to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Adobe Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $2.81$2.709122020-12-31
    $2.57$2.45866922020-09-30
    $2.45$2.3769572020-06-30
    $2.2$2.27132582020-03-31
    $2.29$2.30262960000000042019-12-31
    $2.05$2.0117462019-09-30
    $1.83$1.81759922019-06-30
    $1.65$1.64824862019-03-31
    $1.9$1.91934422018-12-31
    $1.73$1.7246672018-09-30
    $1.66$1.57299299999999992018-06-30
    $1.55$1.46654582018-03-31
    $1.26$1.1805482017-12-31
    $1.1$1.02615062017-09-30
    $1.02$0.96477722017-06-30
    $0.94$0.88779782017-03-31
    $0.9$0.878732016-12-31
    $0.75$0.7376642016-09-30
    $0.71$0.69299822016-06-30
    $0.66$0.61876262016-03-31
    $0.62$0.61115342015-12-31
    $0.54$0.50752142015-09-30
    $0.48$0.46173362015-06-30
    $0.44$0.39410762015-03-31
    $0.36$0.3027362014-12-31
    $0.28$0.26894342014-09-30
    $0.37$0.30369482014-06-30
    $0.3$0.25667282014-03-31
    $0.32$0.32576762013-12-31
    $0.32$0.34480082013-09-30
    $0.36$0.342393599999999962013-06-30
    $0.35$0.319772013-03-31
    $0.61$0.57651422012-12-31
    $0.58$0.59540462012-09-30
    $0.6$0.60392160000000012012-06-30
    $0.57$0.57999240000000012012-03-31
    $0.67$0.61285680000000012011-12-31
    $0.55$0.54833159999999992011-09-30
    $0.55$0.52317842011-06-30
    $0.58$0.58241999999999992011-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).