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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/13/2026 | $275.00 | Overweight → Equal Weight | Barclays |
| 3/13/2026 | $375.00 → $285.00 | Market Perform | BMO Capital Markets |
| 2/3/2026 | $330.00 | Overweight → Neutral | Piper Sandler |
| 1/13/2026 | Outperform → Perform | Oppenheimer | |
| 1/12/2026 | $290.00 | Sell | Goldman |
| 1/9/2026 | $375.00 | Outperform → Market Perform | BMO Capital Markets |
| 1/5/2026 | $400.00 | Buy → Hold | Jefferies |
| 12/15/2025 | $310.00 | Sector Weight → Underweight | KeyBanc Capital Markets |
Barclays downgraded Adobe from Overweight to Equal Weight and set a new price target of $275.00
BMO Capital Markets reiterated coverage of Adobe with a rating of Market Perform and set a new price target of $285.00 from $375.00 previously
Piper Sandler downgraded Adobe from Overweight to Neutral and set a new price target of $330.00
Board Initiates Search for Successor Adobe (NASDAQ:ADBE) — the global technology leader that unleashes creativity, productivity and customer experiences through innovative tools and platforms — today announced that Shantanu Narayen, who has served as CEO of Adobe for eighteen years, has decided to transition from his position as CEO after a successor has been appointed. Narayen will remain as Chair of the Board. The Board of Directors has appointed Frank Calderoni, Lead Independent Director of Adobe, as Chair to the special committee to direct the process that will consider both internal and external candidates. "On behalf of the Board, I want to recognize Shantanu's contributions as
AI-first ARR more than triples year over year Total subscription revenue and RPO increases 13% year over year Record Q1 operating cash flows of $2.96 billion Adobe (NASDAQ:ADBE), the global technology leader that unleashes creativity and productivity for individuals and businesses through innovative platforms and tools, today reported financial results for its first quarter FY2026 ended Feb. 27, 2026. "Adobe delivered record Q1 results with AI-first ARR more than tripling year over year and subscription revenue growing 13 percent," said Shantanu Narayen, chair and CEO, Adobe. "Our mission to empower everyone to create represents an even larger opportunity as content powers all e
Adobe (NASDAQ:ADBE)—the global technology leader that unleashes creativity, productivity and customer experiences through innovative tools and platforms—and Major League Baseball (MLB), North America's most historic professional sports league, today announced a major expansion of their multi-year partnership. To drive the next generation of digital fan experiences, Adobe is providing industry-leading solutions for MLB's marketing, product and content departments to further innovate and showcase the National Pastime. As part of the expanded partnership, Adobe is also the official Presenting Sponsor of MLB Opening Day in 2026, 2027 and 2028. The partnership will redefine fan engagement acro
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Adobe delivers new AI innovations and industry's top AI models across Creative Cloud apps – including Photoshop, Lightroom, Premiere and Illustrator – empowering creative professionals to save time, meet the rising demand for creative content and work with greater power, precision and control. New AI Assistant in Photoshop, powered by agentic AI, enables creative professionals to scale their work and free up time by instructing the assistant to help on a series of repetitive tasks and surface personalized recommendations, all while maintaining creative control. New AI-powered capabilities in Firefly Boards, including image upscaling and prompt generation, empower creative teams to mo
Adobe Firefly, the all-in-one AI creative studio for multimedia, now brings creators fully licensed audio track creation, crystal clear voiceover generation and an end-to-end timeline-based video editor Adobe Firefly brings creators the top AI models in one place, at one price – including the new Firefly Image Model 5 for photorealism and prompt-based editing; new partner models from ElevenLabs, Google and Topaz Labs; and new Firefly Custom Models that generate in creators' own personal style Adobe previews Project Moonlight in Firefly, a conversational AI assistant that works across Adobe's creative apps and creators' social channels to deliver content insights and personalized reco
Adobe (NASDAQ:ADBE) today announced the appointment of Louise Pentland as Chief Legal Officer and Executive Vice President. Pentland will report directly to Chair and CEO Shantanu Narayen and will lead the Legal and Government Relations team responsible for overseeing global legal and policy matters. Pentland is a technology industry veteran with deep experience as chief legal officer at several global companies. She brings a combination of expertise in corporate transactions, litigation, M&A integration and compliance, and has a proven track record of sparking change in complex organizations. "We are excited to welcome Louise Pentland to Adobe's leadership team," said Shantanu Narayen, C
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AI-first ARR more than triples year over year Total subscription revenue and RPO increases 13% year over year Record Q1 operating cash flows of $2.96 billion Adobe (NASDAQ:ADBE), the global technology leader that unleashes creativity and productivity for individuals and businesses through innovative platforms and tools, today reported financial results for its first quarter FY2026 ended Feb. 27, 2026. "Adobe delivered record Q1 results with AI-first ARR more than tripling year over year and subscription revenue growing 13 percent," said Shantanu Narayen, chair and CEO, Adobe. "Our mission to empower everyone to create represents an even larger opportunity as content powers all e
Today, Adobe (NASDAQ:ADBE), the global technology leader that unleashes creativity, productivity and customer experiences through innovative tools and platforms, announced it will release its first quarter fiscal year 2026 results after the market closes on Thursday, March 12, 2026, followed by a conference call with investors from 2-3 p.m. Pacific Time. The conference call will be streamed live on the Adobe Investor Relations Site. Following the call, a recording and related materials will be available on the site. Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding the company is routinely poste
Exceeds target for FY2025 Digital Media ending ARR and targets FY2026 Total Adobe ending ARR to grow over 10% Delivers record operating cash flows of over $10 billion in FY2025 Adobe (NASDAQ:ADBE), the global technology leader that unleashes creativity and productivity for individuals and businesses through innovative platforms and tools, today reported financial results for its fourth quarter and FY2025 ended Nov. 28, 2025. "Adobe's record FY2025 results reflect our growing importance in the global AI ecosystem and the rapid adoption of our AI-driven tools," said Shantanu Narayen, chair and CEO, Adobe. "By advancing our innovative generative and agentic platforms and expanding our cu