<div id="readability-page-1"><p><span>Adobe (NASDAQ:ADBE - Get Free Report)</span>'s stock had its &#34;hold (c-)&#34; rating reiterated by analysts at Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.</p><ul><li>Adobe Launches Premiere Pro on iPhone, Upside Ahead?</li></ul><p>Several other brokerages have also recently commented on ADBE. Royal Bank Of Canada dropped their target price on shares of Adobe from $480.00 to $430.00 and set an &#34;outperform&#34; rating for the company in a research report on Monday, September 8th. Redburn Partners  set a $280.00 target price on shares of Adobe in a research report on Monday, September 1st. Mizuho cut shares of Adobe from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Wednesday, September 24th. Wall Street Zen lowered shares of Adobe from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday, October 18th. Finally, Evercore ISI lowered their price objective on shares of Adobe from $475.00 to $450.00 and set an &#34;outperform&#34; rating for the company in a research report on Friday, September 12th. One analyst  has rated the stock with a Strong Buy rating, thirteen have issued  a Buy rating, eleven have assigned  a Hold rating and three have assigned  a Sell rating to the company. According to MarketBeat, Adobe currently has an average rating of &#34;Hold&#34; and an average price target of $433.41.</p><p><b>Get Our Latest Report on Adobe</b></p><h2>Adobe Trading Down 0.1%</h2><ul><li>Fundamentals Say Bet Against the Recent Adobe Downgrade </li></ul><p>ADBE stock traded down $0.23 during trading on Friday, hitting $353.89. The company had a trading volume of 803,098 shares, compared to its average volume of 3,945,214. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.53. The firm has a 50-day moving average price of $351.74 and a 200-day moving average price of $368.63. Adobe has a 12 month low of $327.50 and a 12 month high of $557.90. The stock has a market cap of $148.14 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 1.59 and a beta of 1.49. </p><p>Adobe (NASDAQ:ADBE - Get Free Report) last posted its quarterly earnings data on Thursday, September 11th. The software company reported $5.31 earnings per share for the quarter, topping the consensus estimate of $5.18 by $0.13. The firm had revenue of $5.99 billion during the quarter, compared to analysts' expectations of $5.91 billion. Adobe had a net margin of 30.01% and a return on equity of 57.54%. Adobe's revenue was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.65 EPS.  Adobe has set its FY 2025 guidance at 20.800-20.850 EPS. Q4 2025 guidance at 5.350-5.400 EPS. As a group, analysts predict that  Adobe will post 16.65 earnings per share for the current year. </p><h2>Hedge Funds Weigh In On Adobe</h2><ul><li>3 AI-Driven Tech Stocks That Look Oversold and Undervalued</li></ul><p>A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Phillips Financial Management LLC acquired a new position in  Adobe in the 3rd quarter worth $228,000.  Legacy Trust boosted its stake in  Adobe by 19.5% in the 3rd quarter. Legacy Trust now owns 5,045 shares of the software company's stock worth $1,780,000 after purchasing an additional 825 shares during the period.  World Equity Group Inc. acquired a new position in  Adobe in the 3rd quarter worth $357,000.  Heck Capital Advisors LLC acquired a new position in  Adobe in the 3rd quarter worth $394,000.  Finally, Narwhal Capital Management boosted its stake in  Adobe by 78.4% in the 3rd quarter. Narwhal Capital Management now owns 8,934 shares of the software company's stock worth $3,151,000 after purchasing an additional 3,925 shares during the period. 81.79% of the stock is owned by institutional investors and hedge funds. </p><h2>About Adobe</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Adobe</li><li>Mastering Discipline: Overcoming Emotional Challenges In Trading</li><li>3 Regional Bank Stocks That Crushed Q3 Earnings</li><li>What is the S&amp;P/TSX Index?</li><li>Freeport-McMoRan Posts Strong Earnings Despite Indonesia Shutdown</li><li>What is the Nasdaq? Complete Overview with History</li><li>Quantum Computing Stocks Are on Fire: 3 to Watch Right Now</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QURCRQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QURCRQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Adobe Right Now?</h2><p>Before you consider Adobe, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Adobe wasn't on the list.</p><p>While Adobe currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ADBE

<p>Weiss Ratings has reaffirmed a "hold (C-)" rating on Adobe (NASDAQ: ADBE) shares. Several brokerages have adjusted their target prices, with Royal Bank of Canada lowering it from $480 to $430, while Mizuho downgraded from "strong-buy" to "hold." Adobe's stock traded down 0.1% to $353.89, with an average price target of $433.41. The company reported $5.31 EPS for the last quarter, exceeding estimates, and has set FY 2025 guidance at 20.800-20.850 EPS. Institutional investors hold 81.79% of the stock.</p>

- Adobe's stock received a "hold (c-)" rating from Weiss Ratings, with various brokerages adjusting their target prices, including Royal Bank of Canada lowering it to $430.00.  
- The company reported earnings of $5.31 per share, exceeding estimates, with a revenue of $5.99 billion, reflecting a year-over-year increase of 10.7%.  
- Institutional investors hold 81.79% of Adobe's stock, indicating strong interest in the company despite mixed analyst ratings.

Adobe (NASDAQ:ADBE) Earns Hold (C-) Rating from Weiss Ratings