Q1 Earnings Estimate for Adobe Issued By Griffin Securities

Adobe Inc. (NASDAQ:ADBE - Free Report) - Equities researchers at Griffin Securities issued their Q1 2026 earnings estimates for Adobe in a research report issued on Thursday, December 12th. Griffin Securities analyst J. Vleeschhouwer expects that the software company will earn $4.46 per share for the quarter. The consensus estimate for Adobe's current full-year earnings is $16.73 per share. Griffin Securities also issued estimates for Adobe's Q2 2026 earnings at $4.66 EPS, Q3 2026 earnings at $4.87 EPS and FY2026 earnings at $18.97 EPS.

Several other research firms also recently issued reports on ADBE. DA Davidson dropped their price target on shares of Adobe from $685.00 to $625.00 and set a "buy" rating on the stock in a research note on Thursday. Jefferies Financial Group dropped their target price on Adobe from $700.00 to $650.00 and set a "buy" rating on the stock in a research report on Thursday. Morgan Stanley reissued an "overweight" rating and issued a $660.00 price target on shares of Adobe in a report on Friday, September 13th. UBS Group lowered their price objective on Adobe from $550.00 to $525.00 and set a "neutral" rating for the company in a research note on Thursday. Finally, BMO Capital Markets cut their target price on Adobe from $600.00 to $570.00 and set an "outperform" rating on the stock in a research report on Thursday. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $584.88.

Adobe Stock Down 0.9 %

Shares of NASDAQ ADBE traded down $4.16 on Monday, hitting $461.53. The company had a trading volume of 5,746,599 shares, compared to its average volume of 3,242,444. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.28. Adobe has a 12-month low of $433.97 and a 12-month high of $638.25. The firm has a market capitalization of $203.17 billion, a P/E ratio of 37.56, a PEG ratio of 2.51 and a beta of 1.29. The business has a 50 day moving average of $505.16 and a two-hundred day moving average of $523.59.

Adobe (NASDAQ:ADBE - Get Free Report) last posted its quarterly earnings results on Wednesday, December 11th. The software company reported $4.81 EPS for the quarter, beating the consensus estimate of $4.67 by $0.14. Adobe had a net margin of 25.85% and a return on equity of 45.22%. The firm had revenue of $5.61 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same quarter last year, the firm posted $3.52 earnings per share. Adobe's revenue for the quarter was up 11.1% compared to the same quarter last year.

Institutional Investors Weigh In On Adobe

Large investors have recently made changes to their positions in the company. First Citizens Bank & Trust Co. lifted its stake in Adobe by 6.5% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 4,424 shares of the software company's stock worth $2,458,000 after acquiring an additional 270 shares in the last quarter. Hobbs Group Advisors LLC purchased a new stake in shares of Adobe during the second quarter worth $39,000. Focus Financial Network Inc. lifted its holdings in shares of Adobe by 10.4% during the 2nd quarter. Focus Financial Network Inc. now owns 3,249 shares of the software company's stock valued at $1,829,000 after buying an additional 306 shares during the last quarter. GFG Capital LLC increased its holdings in Adobe by 4.0% in the second quarter. GFG Capital LLC now owns 5,251 shares of the software company's stock worth $2,917,000 after buying an additional 202 shares during the last quarter. Finally, Hall Laurie J Trustee bought a new position in Adobe during the second quarter valued at approximately $88,000. Institutional investors and hedge funds own 81.79% of the company's stock.

Insider Activity

In other news, EVP Scott Belsky sold 1,530 shares of the firm's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $513.82, for a total transaction of $786,144.60. Following the completion of the transaction, the executive vice president now owns 18,831 shares in the company, valued at approximately $9,675,744.42. This trade represents a 7.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Amy Banse sold 606 shares of the stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $550.00, for a total transaction of $333,300.00. Following the sale, the director now directly owns 32,929 shares of the company's stock, valued at approximately $18,110,950. This represents a 1.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 34,793 shares of company stock worth $18,069,669 over the last three months. Corporate insiders own 0.15% 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.