Zacks Research Estimates Adobe’s Q2 Earnings (NASDAQ:ADBE)

Adobe Inc. (NASDAQ:ADBE) – Zacks Research reduced their Q2 2025 earnings estimates for shares of Adobe in a research report issued to clients and investors on Wednesday, April 2nd. Zacks Research analyst R. Department now expects that the software company will post earnings of $4.02 per share for the quarter, down from their previous forecast of $4.06. The consensus estimate for Adobe’s current full-year earnings is $16.65 per share. Zacks Research also issued estimates for Adobe’s Q4 2025 earnings at $4.28 EPS, FY2025 earnings at $16.58 EPS, Q1 2026 earnings at $4.43 EPS, Q2 2026 earnings at $4.62 EPS, Q3 2026 earnings at $4.49 EPS, Q4 2026 earnings at $4.78 EPS, FY2026 earnings at $18.33 EPS, Q1 2027 earnings at $5.27 EPS and FY2027 earnings at $21.51 EPS.

ADBE has been the topic of several other reports. DA Davidson reduced their price objective on shares of Adobe from $685.00 to $625.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. KeyCorp upgraded shares of Adobe from an “underweight” rating to a “sector weight” rating in a report on Friday, March 21st. Mizuho lowered their price objective on shares of Adobe from $620.00 to $575.00 and set an “outperform” rating for the company in a research report on Thursday, March 13th. Bank of America cut their target price on Adobe from $605.00 to $528.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Finally, Barclays lowered their price target on Adobe from $675.00 to $645.00 and set an “overweight” rating for the company in a research report on Thursday, December 12th. Eleven research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Adobe has a consensus rating of “Moderate Buy” and a consensus price target of $531.54.

Adobe Stock Performance

Shares of Adobe stock opened at $349.07 on Monday. The firm has a market cap of $148.77 billion, a PE ratio of 28.15, a price-to-earnings-growth ratio of 2.15 and a beta of 1.49. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.29. Adobe has a 52 week low of $348.80 and a 52 week high of $587.75. The business’s fifty day simple moving average is $425.66 and its 200-day simple moving average is $463.29.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data 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 firm had revenue of $5.71 billion for the quarter, compared to analysts’ expectations 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 firm posted $4.48 earnings per share.

Institutional Investors Weigh In On Adobe

A number of institutional investors and hedge funds have recently bought and sold shares of ADBE. Norges Bank acquired a new stake in shares of Adobe during the fourth quarter worth about $2,553,035,000. Proficio Capital Partners LLC increased its position in Adobe by 82,528.8% during the fourth quarter. Proficio Capital Partners LLC now owns 1,042,775 shares of the software company’s stock worth $463,701,000 after buying an additional 1,041,513 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Adobe by 82.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,107,788 shares of the software company’s stock valued at $937,291,000 after buying an additional 952,233 shares during the last quarter. Two Sigma Advisers LP boosted its holdings in shares of Adobe by 1,414.5% in the fourth quarter. Two Sigma Advisers LP now owns 889,000 shares of the software company’s stock valued at $395,321,000 after acquiring an additional 830,300 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Adobe during the fourth quarter worth approximately $365,750,000. 81.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director David A. Ricks acquired 2,250 shares of Adobe stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average price of $443.98 per share, for a total transaction of $998,955.00. Following the transaction, the director now owns 4,984 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which can be accessed through this link. Also, CFO Daniel Durn bought 1,300 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The stock was bought at an average cost of $390.58 per share, for a total transaction of $507,754.00. Following the completion of the transaction, the chief financial officer now directly owns 29,876 shares in the company, valued at approximately $11,668,968.08. The trade was a 4.55 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 5,075 shares of company stock worth $2,191,826. Corporate insiders own 0.16% 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.