Explore the latest developments concerning Adobe (ADBE) Gets.
Adobe (ADBE) Gets $415 Target as Wall Street Braces for Earnings
Adobe Inc. (NASDAQ:ADBE) is one of the AI Stocks on the Market’s Radar. On December 5, Barclays lowered its price target on the stock to $415 from $465 while maintaining an “Overweight” rating. The price target cut comes ahead of the company’s fourth-quarter fiscal 2025 results, set to report on December 10.
While Barclays remains constructive on the stock driven by ARR momentum and Semrush upside, it remains cautious near-term ahead of clarity on guidance.
Analysts model $571M in the final quarter of NN DM ARR disclosure, with a potential upside case of $600–610M based on decent web traffic.
The company’s total ARR may reach an estimated $25.8 billion by the end of fiscal year 2025, representing year-over-year growth of about 11.5%. This growth exceeds the company’s original guidance of around 11% at the start of the year.
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Will Higher Digital Media Revenues Aid Adobe Stock in Q4 Earnings?
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