Analyst Ratings for Adobe Systems Inc. (ADBE)

Updated: 2017-07-29

Shares of Adobe Systems Inc. (NASDAQ:ADBE) have received a consensus rating of Overweight from Wall Street analysts. ADBE had previously received a consensus rating of Overweight a month ago.

Of the 30 analysts covering the stock, 20 gave it a buy rating, 3 gave an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

A number of analysts gave price targets for ADBE. The most optimistic analyst gave a price target of 184, implying a possible profit of 25.4 percent. The lowest price target was 114, which equates to a potential downside of -22.31 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.96 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.79 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of ADBE's earnings is estimated by analysts to be 14.73 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ADBE is 3.45.

ADBE has a 52-week high of 150.40 and a 52-week low of 95.42. Today's price is 53.77 percent above the 52-week low, and below the high by 2.44 percent. ADBE has a price/earnings ratio of 50.77. Investors typically compare the P/E ratio to a company's peers in the industry. The ADBE value stock report compares ADBE to some of its peers using value stock charts. The stock has a market capitalization of $72.4 billion. ADBE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.