Mizuho Downgrade Ignites Concerns: Adobe shares drew sharp focus on social media following Mizuho's downgrade to neutral with a price target slashed to $270 from $315, pointing to escalating AI-driven competition in prosumer and small business markets. Analysts cited limited near-term catalysts, potential margin pressures, and high-single-digit revenue growth as key headwinds.
Value Hunters Counter with Fundamentals: Amid the pessimism, voices highlighted Adobe's compelling valuation at roughly 9-10x forward earnings—well below historical norms—paired with nearly tripled revenue since 2018 levels and a $25 billion buyback authorization. The stock's steep 65% drop from all-time highs is seen by some as an overreaction to AI disruption fears.
AI Integration Fuels Optimism: Bullish takes emphasized robust generative AI adoption through Firefly, with credits nearly doubling and partnerships like Nvidia's Omniverse boosting creator workflows. Over 850 million monthly active users and tripling AI ARR signal sustained enterprise demand despite competitive pressures.
Note: This discussion summary was generated from an AI condensation of post data.
Adobe Insider Trading Activity
Adobe insiders have traded $ADBE stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $ADBE stock by insiders over the last 6 months:
- DANIEL DURN (EVP & CFO) has made 0 purchases and 2 sales selling 2,982 shares for an estimated $816,678.
- JILLIAN FORUSZ (SVP & CAO) sold 149 shares for an estimated $50,344
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
Adobe Revenue
Adobe had revenues of $6.4B in Q1 2026. This is an increase of 11.97% from the same period in the prior year.
You can track ADBE financials on Quiver Quantitative's ADBE stock page.
Adobe Congressional Stock Trading
Members of Congress have traded $ADBE stock 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ADBE stock by members of Congress over the last 6 months:
- SENATOR JOHN BOOZMAN sold up to $15,000 on 02/13.
- SENATOR MARKWAYNE MULLIN has traded it 3 times. They made 3 purchases worth up to $150,000 on 02/04, 01/05 and 0 sales.
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 11/03.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.
Adobe Hedge Fund Activity
We have seen 943 institutional investors add shares of Adobe stock to their portfolio, and 1,463 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 15,603,259 shares (-75.4%) from their portfolio in Q4 2025, for an estimated $5,460,984,617
- ROCKEFELLER CAPITAL MANAGEMENT L.P. added 3,246,759 shares (+1585.0%) to their portfolio in Q4 2025, for an estimated $1,136,333,182
- NORGES BANK added 1,253,680 shares (+23.9%) to their portfolio in Q4 2025, for an estimated $438,775,463
- PACER ADVISORS, INC. removed 1,169,812 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $409,422,501
- SCHRODER INVESTMENT MANAGEMENT GROUP removed 997,975 shares (-42.2%) from their portfolio in Q4 2025, for an estimated $349,281,270
- ASSENAGON ASSET MANAGEMENT S.A. removed 754,088 shares (-39.3%) from their portfolio in Q1 2026, for an estimated $182,255,528
- WELLCOME TRUST LTD (THE) AS TRUSTEE OF THE WELLCOME TRUST removed 750,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $181,267,500
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Adobe Government Contracts
We have seen $22,545 of award payments to $ADBE over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
Adobe Analyst Ratings
Wall Street analysts have issued reports on $ADBE in the last several months. We have seen 5 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Keybanc issued a "Underweight" rating on 12/15/2025
- BMO Capital issued a "Outperform" rating on 12/15/2025
- Jefferies issued a "Buy" rating on 12/11/2025
- DA Davidson issued a "Buy" rating on 12/11/2025
- Stifel issued a "Buy" rating on 12/09/2025
- Wells Fargo issued a "Overweight" rating on 11/20/2025
To track analyst ratings and price targets for Adobe, check out Quiver Quantitative's $ADBE forecast page.
Adobe Price Targets
Multiple analysts have issued price targets for $ADBE recently. We have seen 20 analysts offer price targets for $ADBE in the last 6 months, with a median target of $320.0.
Here are some recent targets:
- Gregg Moskowitz from Mizuho set a target price of $270.0 on 04/27/2026
- Matthew Swanson from RBC Capital set a target price of $350.0 on 04/22/2026
- Karl Keirstead from UBS set a target price of $260.0 on 04/17/2026
- Tyler Radke from Citigroup set a target price of $278.0 on 03/16/2026
- Gabriela Borges from Goldman Sachs set a target price of $220.0 on 03/16/2026
- Saket Kalia from Barclays set a target price of $275.0 on 03/13/2026
- Billy Fitzsimmons from Piper Sandler set a target price of $280.0 on 03/13/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
