Adobe Stock Forecast

Stock Price Forecast

The 27 analysts with 12-month price forecasts for Adobe stock have an average target of 269.13, with a low estimate of 187.5 and a high estimate of 460. The average target predicts an increase of 32.75% from the current stock price of 202.73.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$187.5	$269.13	$250	$460
Change	-7.51%	+32.75%	+23.32%	+126.90%

Analyst Ratings

The average analyst rating for Adobe stock from 38 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	17	17	14	13	12	9
Buy	4	3	3	3	3	2
Hold	14	15	18	19	20	24
Sell	0	0	0	0	0	0
Strong Sell	4	4	4	4	4	3
Total	39	39	39	39	39	38

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Billy Fitzsimmons Piper Sandler	Piper Sandler	Hold Maintains $240	Hold	Maintains	$240	+18.38%	Jun 26, 2026
Matthew Swanson RBC Capital	RBC Capital	Buy Maintains $285	Buy	Maintains	$285	+40.58%	Jun 17, 2026
Paul Chew Phillip Securities	Phillip Securities	Buy Maintains $385	Buy	Maintains	$385	+89.91%	Jun 17, 2026
Arjun Bhatia William Blair	William Blair	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jun 12, 2026
Egor Tolmachev Freedom Capital Markets No rating	Freedom Capital Markets	Hold Downgrades $510 → $250	Hold	Downgrades	$510 → $250	+23.32%	Jun 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

26.52B

from 23.77B

11.56%

from 23.77B

Revenue Next Year

28.90B

from 26.52B

8.99%

from 26.52B

EPS This Year

24.43

from 20.94

16.66%

from 20.94

EPS Next Year

27.54

from 24.43

12.74%

from 24.43

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 3, 2021	Dec 2, 2022	Dec 1, 2023	Nov 29, 2024	Nov 28, 2025	Nov 30, 2026	Nov 30, 2027
Revenue	15.79B	17.61B	19.41B	21.51B	23.77B	26.52B	28.90B
Revenue Growth	22.67%	11.54%	10.24%	10.80%	10.53%	11.56%	8.99%
EPS	10.02	10.10	11.82	12.36	16.70	18.11	21.43
EPS Growth	-7.48%	0.80%	17.03%	4.57%	35.11%	8.46%	18.33%
Forward PE	-	-	-	-	-	11.19	9.46
No. Analysts	-	-	-	-	-	28	28

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

Revenue Forecast

Revenue	2026	2027
High	26.7B	29.8B
Avg	26.5B	28.9B
Low	25.8B	28.4B

Revenue Growth

Revenue Growth	2026	2027
High	12.5%	12.4%
Avg	11.6%	9.0%
Low	8.6%	6.9%

EPS Forecast

EPS	2026	2027
High	24.99	29.15
Avg	24.43	27.54
Low	24.35	25.66

EPS Growth

EPS Growth	2026	2027
High	19.3%	19.3%
Avg	16.7%	12.7%
Low	16.3%	5.0%

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.