Barclays Downgrades Adobe Inc. (ADBE) Stock to Equal Weight

1 hour ago 1

Bob Karr

Mon, March 23, 2026 astatine 7:42 AM CDT 2 min read

Adobe Inc. (NASDAQ:ADBE) is 1 of the Most Undervalued Stocks to Buy According to Analysts. On March 13, Barclays downgraded the company’s banal to “Equal Weight” from “Overweight” with a price nonsubjective of $275, down from the anterior people of $335, arsenic reported by The Fly. As per the analyst, the company’s nett caller yearly recurring gross was beneath the estimates. The steadfast believes that the biggest quality is that Adobe Inc. (NASDAQ:ADBE)’s long-time CEO is transitioning out.

Barclays Downgrades Adobe Inc. (ADBE) Stock to Equal Weight

As per the firm, faster maturation successful freemium users for products specified arsenic Firefly and Express has been impacting ARPU. That being said, this tin enactment successful the company’s favour, considering Adobe Inc. (NASDAQ:ADBE)’s occurrence with Acrobat Reader, which was its archetypal freemium product, added Barclays.

In a abstracted release, Adobe Inc. (NASDAQ:ADBE) saw 13% subscription gross maturation and a beardown Q1 2026 currency travel of $2.96 billion. For Q2 2026, the institution expects full gross of betwixt $6.43 billion – $6.48 cardinal and EPS (GAAP) of betwixt $4.35 to $4.40.

Adobe Inc. (NASDAQ:ADBE) delivers integer marketing, media, and lawsuit acquisition solutions crossed its Digital Media, Digital Experience, and Publishing/Advertising segments. The institution is based successful San Jose, California.

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