Wall Street Firms Cut Adobe Inc. (ADBE) Price Target but Tout Revenue Growth and Long-term Outlook

Adobe Inc. (NASDAQ:ADBE) is one of the champion everlastingly stocks to bargain according to hedge funds. On December 15, BMO Capital lowered its terms people of Adobe Inc. (NASDAQ:ADBE) to $400 from $405. However, the probe steadfast reiterated an Outperform rating, impressed by the company’s fourth-quarter and fiscal 2025 results.

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The institution achieved grounds quarterly gross of $6.19 cardinal successful its 4th fourth of fiscal 2025, representing a 10% year-over-year increase. For the afloat year, the institution achieved gross of $23.77 billion, up 11% twelvemonth implicit year. Full-year annualized recurring gross totaled $25.20 billion, up 11.5% twelvemonth implicit year. Annual recurring gross and full gross came supra expectations, affirming coagulated show against debased marketplace expectations.

BMO Capital is assured astir the company’s outlook, arsenic its fiscal twelvemonth 2026 guidance aligns with statement estimates. Analysts expect EPS of $22.7 for FY2026. In addition, they expect robust maturation successful some caller and full yearly recurring gross compared to fiscal 2025.

Likewise, analysts astatine Bernstein reiterated their Outperform standing connected Adobe connected December 12, contempt cutting their terms people to $506 from $508. According to the probe firm, the 2026 outlook points to double-digit growth.

Adobe Inc. (NASDAQ:ADBE) is simply a planetary bundle institution that provides tools for creating, publishing, and promoting integer content, including fashionable apps specified arsenic Photoshop, Illustrator, Premiere Pro, and Acrobat, done its Creative Cloud suite.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.