Adobe (NASDAQ:ADBE) Updates FY 2025 Earnings Guidance

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

Adobe Stock Performance

Shares of NASDAQ ADBE traded up $4.94 during mid-day trading on Wednesday, hitting $438.60. The company had a trading volume of 4,965,181 shares, compared to its average volume of 3,427,654. Adobe has a 12 month low of $403.75 and a 12 month 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 business’s 50-day simple moving average is $439.13 and its 200-day simple moving average is $484.86. The firm has a market cap of $190.97 billion, a P/E ratio of 35.37, a PEG ratio of 2.15 and a beta of 1.37.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Wednesday, March 12th. The software company reported $4.28 earnings per share for the quarter, missing analysts’ consensus estimates of $4.97 by ($0.69). Adobe had a net margin of 25.85% and a return on equity of 45.87%. As a group, analysts predict that Adobe will post 16.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ADBE has been the topic of several recent analyst reports. Piper Sandler reduced their target price on shares of Adobe from $635.00 to $600.00 and set an “overweight” rating on the stock in a research note on Thursday, December 12th. Stifel Nicolaus reduced their price target on shares of Adobe from $650.00 to $600.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Citigroup dropped their price objective on shares of Adobe from $551.00 to $490.00 and set a “neutral” rating for the company in a report on Monday. Bank of America reduced their target price on Adobe from $640.00 to $605.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Finally, BMO Capital Markets set a $515.00 price target on Adobe and gave the company an “outperform” rating in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $563.96.

Insider Activity at Adobe

In other Adobe news, EVP Scott Belsky sold 3,819 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $430.24, for a total value of $1,643,086.56. Following the completion of the transaction, the executive vice president now directly owns 18,334 shares of the company’s stock, valued at approximately $7,888,020.16. The trade was a 17.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David A. Ricks purchased 2,250 shares of the company’s stock in a transaction dated Tuesday, January 28th. The shares were acquired at an average cost of $443.98 per share, for a total transaction of $998,955.00. Following the transaction, the director now owns 4,984 shares of the company’s stock, valued at $2,212,796.32. This trade represents a 82.30 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 5,075 shares of company stock worth $2,191,826 in the last quarter. Corporate insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Adobe

An institutional investor recently raised its position in Adobe stock. Brighton Jones LLC raised its position in Adobe Inc. (NASDAQ:ADBE) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,068 shares of the software company’s stock after purchasing an additional 167 shares during the quarter. Brighton Jones LLC’s holdings in Adobe were worth $3,588,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 81.79% of the company’s stock.

About Adobe

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.