Here’s What the Street Thinks About Adobe (ADBE)
Key takeaways
- Here’s What the Street Thinks About Adobe (ADBE) Talha Qureshi Sun, May 10, 2026 at 10:52 PM GMT+7 2 min read ADBE Adobe Inc.
- Recently, analysts have differing views on Adobe Inc.
- Earlier, on April 22, DA Davidson had reiterated a Buy rating on the stock with a price target of $300.
Here’s What the Street Thinks About Adobe (ADBE) Talha Qureshi Sun, May 10, 2026 at 10:52 PM GMT+7 2 min read ADBE Adobe Inc. (NASDAQ:ADBE) currently trades at a forward price to earnings ratio of 10.81, significantly lower than the sector average of 24.07. Wall Street also expects around 24% upside from the current level over the next 12-months. The stock ranks among our Most Undervalued High Quality Stocks to Buy Now.
Recently, analysts have differing views on Adobe Inc. (NASDAQ:ADBE). On April 27, Mizuho downgraded the stock from Outperform to Neutral and lowered the price target from $315 to $270. The firm noted that they became more cautious on Adobe since October 2025 due to intensifying competition from small businesses threatening the company’s long-term terminal value. Mizuho highlighted that they don’t see any clear catalysts for the stock but believe that management is making meaningful progress towards AI monetization.
Earlier, on April 22, DA Davidson had reiterated a Buy rating on the stock with a price target of $300. Contrary to Mizuho, Davidson believes that Adobe would be able to maintain its competitive advantage and capture market share despite increased competition due to its incremental increase in AI spending.