Market Cap
$93.4B
ADBE
ADOBE INC.
$237.45 ▼ -1.59%
Prev close $241.28Market cap$93.4B
ConsensusSell
12-mo target$275.06 (+15.8%)
▲ Neutral
Analyst conviction 4/10
Insider Selling Cluster (3 insiders)High Impact Filing (7/10)34 New Institutional Positions16 Institutional ExitsCongressional Activity (6) Cloud & SaaS
Snapshot
The big-picture read on ADBE right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Hold (39%)
Inst. Holders
50 funds
Inst. Value
$54.5B
Inst. Activity
34 buys / 16 sells
Insider Activity
$0.00 buy / $31.5M sell
Insider Net $
-$31.5M
Social Sentiment
65° Warm
SEC Reports
14
Congressional
18 trades
Price chart 30d -15.1%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 29, 2026 short_volume
Short Volume: ADBE — 59.0% short (0.8M / 1.4M)
Short: 840,868 | Exempt: 3,546 | TRF Vol: 1,425,324 | Short Ratio: 59.0% | Off-exchange volume (dark
Sep 17, 2026 Insider
NARAYEN SHANTANU sold 7,168 shares
Chair and CEO @ $248.14 ($1.8M)
Sep 17, 2026 Insider
NARAYEN SHANTANU sold 9,978 shares
Chair and CEO @ $251.02 ($2.5M)
Sep 17, 2026 Insider
NARAYEN SHANTANU sold 17,595 shares
Chair and CEO @ $250.19 ($4.4M)
Aug 14, 2026 Congress
Kevin Hern sell
$15,001 - $50,000 — House
Aug 10, 2026 Congress
Ro Khanna buy
$1,001 - $15,000 — House
Jul 29, 2026 Event
Jul 21, 2026 SEC HSR Early Termination: Adobe Inc.; Eric Yang
The FTC granted early termination of the HSR Act waiting period for a transaction involving Adobe In
Morgan Stanley downgrades ADBE to Underweight — PT $240 (-34.5%)
ANALYST-DOWNGRADE — Impact 5/10
Analyst ratings buy % -42.6%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
39% rate it Buy or better · 46 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 14, 2026 | DA Davidson | MAINTAIN | Buy | 53% |
| Sep 11, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Sep 11, 2026 | JP Morgan | MAINTAIN | Overweight | 55% |
| Sep 11, 2026 | Jefferies | MAINTAIN | Hold | 53% |
| Sep 11, 2026 | TD Cowen | REITERATE | Hold | 56% |
| Sep 11, 2026 | Evercore ISI Group | MAINTAIN | In-Line | 59% |
| Sep 11, 2026 | Wells Fargo | MAINTAIN | Overweight | 54% |
| Sep 11, 2026 | UBS | MAINTAIN | Neutral | 55% |
| Sep 11, 2026 | RBC Capital | REITERATE | Outperform | 55% |
| Sep 11, 2026 | Citizens | REITERATE | Market Perform | 38% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 7 | 11 | 23 | 5 | 0 | 39% | |
| Aug 1, 2026 | 7 | 11 | 23 | 5 | 0 | 39% | |
| Jul 1, 2026 | 8 | 9 | 25 | 3 | 0 | 38% | |
| Jun 1, 2026 | 10 | 9 | 22 | 4 | 0 | 42% | |
| May 1, 2026 | 10 | 11 | 21 | 4 | 0 | 46% | |
| Apr 1, 2026 | 10 | 12 | 19 | 4 | 0 | 49% | |
| Mar 1, 2026 | 12 | 15 | 15 | 4 | 0 | 59% | |
| Feb 1, 2026 | 12 | 16 | 14 | 4 | 0 | 61% |
Price targets
Where 32 covering analysts think ADBE trades over the next 12 months.
$275.06 +15.8% upside Buy
Current$237.45 Low$195.00 Median$265.50 High$373.00 32 analysts
$195.00$373.00
Analyst rating Hold· 2.8/5 as of Oct 2, 2026
Social media sentiment mood -33.3%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
65°
Warm
BearishNeutralBullish
Recent posts
ADBE IS DOWN ~60% WHILE THE COMPANY KEEPS MAKING MORE MONEY. WHAT THE FUCK ARE WE DOING HERE?
▲ 1 · 💬 5· ⚡ 0.5
Long ADBE / Short MU — Betting on a Momentum Reversal
▲ 0 · 💬 32
Should I short $ADBE and $ADSK because of AI?
▲ 1 · 💬 0· ⚡ 0.5
Is Wall Street Completely Wrong About Adobe (ADBE)?
▲ 1 · 💬 0· ⚡ 0.5
ADBE lowest valuation in years
▲ 1 · 💬 5· ⚡ 0.5
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
14 SEC filing reports analyzed · 6 bullish, 4 bearish, 0 mixed, 4 neutral · avg impact 4.5/10.
BEARISHANALYST-DOWNGRADE7/10
Stifel double downgrades ADBE to Hold — PT $200 (-8.6%)
Jun 12, 2026
BEARISHANALYST-DOWNGRADE5/10
Morgan Stanley downgrades ADBE to Underweight — PT $240 (-34.5%)
Jul 21, 2026
BULLISHANALYST-UPGRADE4/10
CLSA initiates ADBE at Outperform — PT $300 (+26.5%)
Jul 20, 2026
BULLISHANALYST-UPGRADE3/10
HSBC upgrades ADBE to Buy — PT $308 (+46%)
Jul 2, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 29, 2026
short_volume
Short Volume: ADBE — 59.0% short (0.8M / 1.4M)
Short: 840,868 | Exempt: 3,546 | TRF Vol: 1,425,324 | Short Ratio: 59.0% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: ADBE — 65.7% short (1.4M / 2.1M)
Short: 1,395,291 | Exempt: 2,127 | TRF Vol: 2,122,966 | Short Ratio: 65.7% | Off-exchange volume (dark pool + OTC)
Sep 24, 2026
short_volume
Short Volume: ADBE — 56.6% short (0.7M / 1.3M)
Short: 737,446 | Exempt: 1,050 | TRF Vol: 1,302,213 | Short Ratio: 56.6% | Off-exchange volume (dark pool + OTC)
Sep 22, 2026
short_volume
Short Volume: ADBE — 57.5% short (1.6M / 2.8M)
Short: 1,588,859 | Exempt: 2,850 | TRF Vol: 2,765,267 | Short Ratio: 57.5% | Off-exchange volume (dark pool + OTC)
Sep 21, 2026
short_volume
Short Volume: ADBE — 56.9% short (1.1M / 1.9M)
Short: 1,054,188 | Exempt: 3,675 | TRF Vol: 1,851,527 | Short Ratio: 56.9% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $6.33 | $6.05–$6.35 | 15.1% | +0.1% | 1↑ 0↓ | $6.8B | 29 |
| Next Q | $6.76 | $6.30–$7.32 | 22.9% | +0.3% | 0↑ 2↓ | $7.0B | 29 |
| Current FY | $24.48 | $24.45–$24.60 | 16.9% | +0.3% | — | $26.6B | 34 |
| Next FY | $27.67 | $26.00–$29.19 | 13.0% | +0.6% | 1↑ 1↓ | $29.1B | 36 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $6.087 | — |
| 7d ago | $6.087 | — |
| 30d ago | $6.079 | +0.008 |
| 60d ago | $6.079 | +0.007 |
| 90d ago | $5.772 | +0.314 |
Institutional ownership
Which big funds own ADBE (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $54.5B total value (264,531,842 shares) as of 2026-Q2. Top holders: BlackRock,, VANGUARD, STATE. Net buying activity: 34 institutions added/increased vs 16 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 41,156,085 | $8.4B | 15.5% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 26,405,210 | $5.4B | 9.9% | — |
| STATE STREET CORP | 20,515,508 | $4.2B | 7.7% | — |
| Invesco Ltd. | 14,654,959 | $3.0B | 5.5% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 11,615,763 | $2.4B | 4.4% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 9,363,848 | $1.9B | 3.5% | — |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 7,834,600 | $1.6B | 2.9% | TRIM -36.6% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 6,787,022 | $1.4B | 2.6% | — |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 5,472,200 | $1.1B | 2.1% | TRIM -36.6% |
| MORGAN STANLEY | 5,390,521 | $1.1B | 2.0% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 4,972,088 | — | $1.0B |
| FIL Ltd | ADD | 2,949,340 | 4,813,688 | +63.2% | $986.9M |
| VICTORY CAPITAL MANAGEMENT INC | ADD | 2,586,382 | 3,490,203 | +34.9% | $715.6M |
| Allianz Asset Management GmbH | DOUBLED | 982,711 | 2,066,709 | +110.3% | $423.7M |
| STATE OF MICHIGAN RETIREMENT SYSTEM | ADD | 820,823 | 1,349,261 | +64.4% | $276.6M |
| AustralianSuper Pty Ltd | ADD | 731,268 | 1,251,817 | +71.2% | $256.6M |
| CITIGROUP INC | ADD | 925,064 | 1,222,516 | +32.2% | $250.6M |
| CANADA PENSION PLAN INVESTMENT BOARD | TRIM | 1,619,635 | 1,152,818 | -28.8% | $236.4M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | TRIM | 1,786,532 | 1,133,554 | -36.6% | $232.4M |
| Robeco Institutional Asset Management B.V. | ADD | 814,361 | 1,075,587 | +32.1% | $220.5M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
6 insiders, 50 transactions. Net -$31.5M — $0.00 bought, $31.5M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 17, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 7,168 | $248.14 | $1.8M |
| Sep 17, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 9,978 | $251.02 | $2.5M |
| Sep 17, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 17,595 | $250.19 | $4.4M |
| Sep 17, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 1,378 | $246.09 | $339.1K |
| Sep 17, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 3,430 | $247.36 | $848.4K |
| Sep 17, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 10,313 | $249.17 | $2.6M |
| Sep 17, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 638 | $251.76 | $160.6K |
| Sep 16, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 8,358 | $250.22 | $2.1M |
| Sep 16, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 33,001 | $251.03 | $8.3M |
| Sep 16, 2026 | NARAYEN SHANTANU | Chair and CEO | SELL | 20,716 | $252.03 | $5.2M |
Congressional trades
ADBE trades disclosed by members of Congress, with disclosure delay.
9 members · 11 buys / 7 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Aug 14, 2026 | Kevin Hern | R | HOUSE | SELL | $15,001 - $50,000 | Adobe Inc | Sep 2, 2026(20d) |
| Aug 10, 2026 | Ro Khanna | D | HOUSE | BUY | $1,001 - $15,000 | Adobe Inc | Sep 7, 2026(29d) |
| Jul 24, 2026 | Gilbert Cisneros | D | HOUSE | SELL | $1,001 - $15,000 | Adobe Inc | Sep 7, 2026(46d) |
| Jul 14, 2026 | Tony Wied | R | HOUSE | SELL | $1,001 - $15,000 | Adobe Inc | Aug 19, 2026(37d) |
| Jul 10, 2026 | Dan Newhouse | R | HOUSE | SELL | $1,001 - $15,000 | Adobe Inc | Jul 20, 2026(11d) |
| Jul 7, 2026 | Ro Khanna | D | HOUSE | SELL | $1,001 - $15,000 | Adobe Inc | Aug 12, 2026(37d) |
| Jun 9, 2026 | Tony Wied | R | HOUSE | BUY | $50,001 - $100,000 | Adobe Inc | Aug 10, 2026(63d) |
| Jun 2, 2026 | Ro Khanna | D | HOUSE | BUY | $1,001 - $15,000 | Adobe Inc | Jul 8, 2026(37d) |
| Apr 14, 2026 | Gilbert Cisneros | D | HOUSE | BUY | $1,001 - $15,000 | Adobe Inc | May 11, 2026(28d) |
| Apr 13, 2026 | Ro Khanna | D | HOUSE | BUY | $1,001 - $15,000 | Adobe Inc | May 13, 2026(31d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for ADBE.
Shares short
18,496,677
Settlement Sep 15, 2026
Change vs prior
+6.5%
Semi-monthly cycle
Days to cover
3.2
At avg daily volume
Of shares outstanding
≈4.7%
Estimate — not % of float
All ADBE filing & press-release reports (14)
- Stifel double downgrades ADBE to Hold — PT $200 (-8.6%)Jun 12, 2026
- Morgan Stanley downgrades ADBE to Underweight — PT $240 (-34.5%)Jul 21, 2026
- CLSA initiates ADBE at Outperform — PT $300 (+26.5%)Jul 20, 2026
- HSBC upgrades ADBE to Buy — PT $308 (+46%)Jul 2, 2026
- Mizuho double downgrades stock to Neutral — PT $270 (-14%)Apr 27, 2026
- Evercore ISI Group downgrades ADBE to In-Line — PT $225 (-31%)Jun 12, 2026
- INST-CLUSTER reportJul 22, 2026
- INSIDER-BUY reportJun 26, 2026
- 8-K reportJun 11, 2026
- CLUSTER reportMay 2, 2026
- 8-K reportApr 21, 2026
- DEFA14A reportMar 25, 2026
- INST-CLUSTER reportFeb 28, 2026
- DEFA14A reportFeb 27, 2026