Adobe Stock Forecast

Stock Price Forecast

The 21 analysts with 12-month price forecasts for Adobe stock have an average target of 454.9, with a low estimate of 280 and a high estimate of 600. The average target predicts an increase of 31.38% from the current stock price of 346.26.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$280	$454.9	$450	$600
Change	-19.14%	+31.38%	+29.96%	+73.28%

Analyst Ratings

The average analyst rating for Adobe stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	4	4	4	4	4	4
Buy	11	11	10	10	10	10
Hold	6	6	8	8	8	8
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	22	22	23	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tyler Radke Citigroup	Citigroup	Hold Maintains $400 → $366	Hold	Maintains	$400 → $366	+5.70%	Dec 4, 2025
Gil Luria DA Davidson	DA Davidson	Strong Buy Maintains $600	Strong Buy	Maintains	$600	+73.28%	Nov 20, 2025
Gregg Moskowitz Mizuho	Mizuho	Buy Maintains $410 → $390	Buy	Maintains	$410 → $390	+12.63%	Nov 20, 2025
Michael Turrin Wells Fargo	Wells Fargo	Buy Maintains $470 → $420	Buy	Maintains	$470 → $420	+21.30%	Nov 20, 2025
Keith Weiss Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $520 → $450	Buy → Hold	Downgrades	$520 → $450	+29.96%	Sep 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

24.16B

from 21.51B

12.33%

from 21.51B

Revenue Next Year

26.41B

from 24.16B

9.32%

from 24.16B

EPS This Year

21.25

from 12.36

71.90%

from 12.36

EPS Next Year

23.83

from 21.25

12.17%

from 21.25

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Nov 27, 2020	Dec 3, 2021	Dec 2, 2022	Dec 1, 2023	Nov 29, 2024	Nov 29, 2025	Nov 29, 2026
Revenue	12.87B	15.79B	17.61B	19.41B	21.51B	24.16B	26.41B
Revenue Growth	15.19%	22.67%	11.54%	10.24%	10.80%	12.33%	9.32%
EPS	10.83	10.02	10.10	11.82	12.36	21.25	23.83
EPS Growth	80.50%	-7.48%	0.80%	17.03%	4.57%	71.90%	12.17%
Forward PE	-	-	-	-	-	16.30	14.53
No. Analysts	-	-	-	-	-	41	41

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	25.0B	27.7B
Avg	24.2B	26.4B
Low	23.1B	24.7B

Revenue Growth

Revenue Growth	2025	2026
High	16.0%	14.8%
Avg	12.3%	9.3%
Low	7.5%	2.1%

EPS Forecast

EPS	2025	2026
High	22.06	25.49
Avg	21.25	23.83
Low	20.19	21.05

EPS Growth

EPS Growth	2025	2026
High	78.5%	20.0%
Avg	71.9%	12.2%
Low	63.3%	-0.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.