Adobe (NASDAQ:ADBE) Releases FY 2025 Earnings Guidance

Adobe (NASDAQ:ADBE) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 20.200-20.500 for the period, compared to the consensus EPS 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 Price Performance

Shares of Adobe stock opened at $377.84 on Friday. The firm has a market capitalization of $164.51 billion, a PE ratio of 30.47, a price-to-earnings-growth ratio of 2.15 and a beta of 1.37. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.29. Adobe has a 12 month low of $374.50 and a 12 month high of $587.75. The business’s 50-day moving average price is $437.74 and its 200-day moving average price is $483.80.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Wednesday, March 12th. The software company reported $5.08 EPS for the quarter, beating analysts’ consensus estimates of $4.97 by $0.11. The business had revenue of $5.71 billion for the quarter, compared to analysts’ expectations of $5.66 billion. Adobe had a net margin of 25.85% and a return on equity of 45.87%. During the same period last year, the business earned $4.48 earnings per share. Sell-side analysts forecast that Adobe will post 16.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ADBE. Oppenheimer lowered their price target on shares of Adobe from $560.00 to $530.00 and set an “outperform” rating for the company in a research note on Thursday. Evercore ISI lowered their target price on Adobe from $650.00 to $550.00 and set an “outperform” rating for the company in a research note on Thursday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $475.00 target price (down previously from $600.00) on shares of Adobe in a research note on Wednesday, January 8th. Robert W. Baird lowered their price objective on Adobe from $500.00 to $490.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, UBS Group lowered their price objective on Adobe from $475.00 to $460.00 and set a “neutral” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Adobe presently has an average rating of “Moderate Buy” and a consensus price target of $539.46.

Insider Buying and Selling

In related news, Director David A. Ricks acquired 2,250 shares of Adobe stock in a transaction that occurred on Tuesday, January 28th. The stock was bought at an average price of $443.98 per share, with a total value of $998,955.00. Following the transaction, the director now directly owns 4,984 shares in the company, valued at approximately $2,212,796.32. This represents a 82.30 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Scott Belsky sold 922 shares of the firm’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $437.28, for a total value of $403,172.16. Following the transaction, the executive vice president now owns 22,153 shares of the company’s stock, valued at $9,687,063.84. The trade was a 4.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,075 shares of company stock worth $2,191,826 in the last three months. 0.15% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Adobe

An institutional investor recently raised its position in Adobe stock. Brighton Jones LLC raised its position in shares of Adobe Inc. (NASDAQ:ADBE) by 2.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor 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 quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe Company Profile

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.