Adobe Analyst Sentiment: Bullish Sentiments Rise Amid 12-Month Price Target Adjustment

Adobe's stock has seen varied analyst opinions with 16 analysts sharing insights over the past three months. The table below summarizes their recent ratings, with 4 being bullish, 6 somewhat bullish, 5 indifferent, and 1 bearish. The current average 12-month price target is $456.88, with a high estimate of $530.00 and a low estimate of $280.00. The average is 0.87% lower than the prior average of $460.88. Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $456.88, a high estimate of $530.00, and a low estimate of $280.00. Observing a downward trend, the current average is 0.87% lower than the prior average price target of $460.88.

Adobe's stock has seen varied analyst opinions over the past three months, with 16 analysts sharing insights. The table below summarizes their recent ratings, revealing a mix of bullish, somewhat bullish, indifferent, and bearish sentiments. Specifically, 4 analysts are bullish, 6 are somewhat bullish, 5 are indifferent, and 1 is bearish [1].

The current average 12-month price target stands at $456.88, with a high estimate of $530.00 and a low estimate of $280.00. Notably, the current average is 0.87% lower than the prior average of $460.88, indicating a downward trend in analysts' expectations [1].

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $456.88, a high estimate of $530.00, and a low estimate of $280.00. The current average price target is 0.87% lower than the prior average, suggesting a cautious outlook among financial experts [1].

Key analysts have made notable changes to their ratings and price targets. For instance, Karl Keirstead at UBS lowered his rating to neutral from outperform, while Gil Luria at DA Davidson raised his rating to buy from neutral. Additionally, Brad Sills at B of A Securities raised his rating to buy from sell, indicating a shift in analyst sentiment [1].

In addition to the mixed analyst ratings, Adobe faces a weak technical profile and mixed analyst sentiment. The company's recent stock performance shows a 2.23% rise, but technical indicators suggest a weak trend, with key signals like Bearish Engulfing indicating a bearish bias. The analyst divergence, ranging from "Strong Sell" to "Strong Buy," highlights the mixed expectations among financial experts [2].

Despite the mixed sentiment, institutional fund flows are positive, with a block inflow ratio at 51.45%. However, the technical signals remain bearish, suggesting caution before entering a long position. Investors should keep an eye on upcoming earnings and broader market shifts in the tech sector, especially in AI and software tools [2].

In conclusion, Adobe's stock faces a mixed analyst sentiment and downward price targets, with a weak technical profile. Investors should consider the mixed analyst ratings and technical indicators before making investment decisions.

References:
[1] https://www.benzinga.com/insights/analyst-ratings/25/08/47425435/what-analysts-are-saying-about-adobe-stock
[2] https://www.ainvest.com/news/stock-analysis-adobe-outlook-weak-technical-profile-mixed-analyst-sentiment-2508-66/