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 maximum price target given was 184, implying a possible profit of 25.4 percent. The most pessimistic analyst gave a price target of 114, which equates to a potential downside of -22.31 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 2.79 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of ADBE to grow at a rate of 14.73 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ADBE is 3.45.

In the last 52-weeks, ADBE has achieved a high of 150.40 and a low of 95.42. Currently the stock is 53.77 percent higher than its low, and 2.44 percent below the high. 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's next earnings release will be on 0000-00-00, which is days away.