DA Davidson Estimates Adobe’s Q2 Earnings (NASDAQ:ADBE)

Adobe Inc. (NASDAQ:ADBE) – Investment analysts at DA Davidson issued their Q2 2025 earnings estimates for shares of Adobe in a note issued to investors on Thursday, March 13th. DA Davidson analyst G. Luria forecasts that the software company will earn $4.02 per share for the quarter. DA Davidson currently has a “Buy” rating and a $625.00 price target on the stock. The consensus estimate for Adobe’s current full-year earnings is $16.65 per share. DA Davidson also issued estimates for Adobe’s FY2026 earnings at $19.20 EPS.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Wednesday, March 12th. The software company reported $5.08 EPS for the quarter, topping the consensus estimate of $4.97 by $0.11. The firm had revenue of $5.71 billion during the quarter, compared to the consensus estimate of $5.66 billion. Adobe had a return on equity of 45.87% and a net margin of 25.85%. During the same period in the prior year, the business posted $4.48 earnings per share.

Several other analysts also recently commented on the stock. TD Cowen downgraded shares of Adobe from a “buy” rating to a “hold” rating and lowered their target price for the company from $625.00 to $550.00 in a report on Thursday, December 12th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $475.00 price objective (down previously from $600.00) on shares of Adobe in a research note on Wednesday, January 8th. Oppenheimer dropped their target price on shares of Adobe from $560.00 to $530.00 and set an “outperform” rating on the stock in a research report on Thursday. KeyCorp reduced their target price on Adobe from $450.00 to $390.00 and set an “underweight” rating for the company in a report on Thursday. Finally, Evercore ISI dropped their price target on Adobe from $650.00 to $550.00 and set an “outperform” rating on the stock in a report on Thursday. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen 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 an average rating of “Moderate Buy” and an average price target of $539.46.

Adobe Trading Down 13.9 %

NASDAQ ADBE opened at $377.84 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $164.51 billion, a P/E ratio of 30.47, a PEG ratio of 2.15 and a beta of 1.37. The business has a fifty day simple moving average of $437.74 and a 200 day simple moving average of $483.80. Adobe has a 12 month low of $374.50 and a 12 month high of $587.75.

Insiders Place Their Bets

In other Adobe news, EVP Scott Belsky sold 3,819 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $430.24, for a total value of $1,643,086.56. Following the sale, the executive vice president now directly owns 18,334 shares in the company, valued at $7,888,020.16. This represents a 17.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Jillian Forusz sold 334 shares of the business’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $435.83, for a total transaction of $145,567.22. Following the transaction, the chief accounting officer now owns 2,685 shares of the company’s stock, valued at $1,170,203.55. This trade represents a 11.06 % 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 quarter. 0.15% of the stock is owned by company insiders.

Institutional Trading of Adobe

Several institutional investors and hedge funds have recently modified their holdings of ADBE. Legacy Investment Solutions LLC purchased a new stake in Adobe in the third quarter valued at approximately $26,000. MidAtlantic Capital Management Inc. bought a new position in shares of Adobe in the 3rd quarter worth $30,000. True Wealth Design LLC raised its position in shares of Adobe by 141.7% during the 3rd quarter. True Wealth Design LLC now owns 58 shares of the software company’s stock valued at $30,000 after buying an additional 34 shares in the last quarter. Copia Wealth Management bought a new stake in shares of Adobe during the 4th quarter worth $28,000. Finally, SWAN Capital LLC purchased a new position in Adobe in the fourth quarter worth $28,000. 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.