Adobe Inc (ADBE) stock forecast: Can it reach its 52-week high of $587.75

Currently, Adobe Inc [ADBE] is trading at $374.98, up 1.08%. An important factor to consider is whether the stock is rising or falling in short-term value. The ADBE shares have gain 6.54% over the last week, with a monthly amount drifted -2.23%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Adobe Inc [NASDAQ: ADBE] stock has seen the most recent analyst activity on April 16, 2025, when BMO Capital Markets reiterated its Outperform rating and also revised its price target to $450 from $495. Previously, RBC Capital Mkts reaffirmed its Outperform rating on April 14, 2025, and dropped its price target to $480. On March 21, 2025, upgrade upgraded it’s rating to Sector Weight. BMO Capital Markets reiterated its Outperform rating and decreased its price target to $495 on March 13, 2025. Redburn Atlantic initiated its recommendation with a Neutral. Exane BNP Paribas upgraded its rating to Neutral for this stock on January 15, 2025, but kept the price target unchanged to $425. In a note dated January 08, 2025, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $600 to $475.

This stock has fluctuated between a low of $332.01 and a high of $587.75 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $500 within the next 12 months. Adobe Inc [NASDAQ: ADBE] shares were valued at $374.98 at the most recent close of the market. An investor can expect a potential return of 33.34% based on the average ADBE price forecast.

Analyzing the ADBE fundamentals

Trailing Twelve Months sales for Adobe Inc [NASDAQ:ADBE] were 22.04B which represents 10.27% growth. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.31%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.48 and Total Capital is 0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.5.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 367.03 points at the first support level, and at 359.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 379.47, and for the 2nd resistance point, it is at 383.95.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Adobe Inc [NASDAQ:ADBE] is 1.18. On the other hand, the Quick Ratio is 1.18, and the Cash Ratio is 0.74. Considering the valuation of this stock, the price to sales ratio is 7.25, the price to book ratio is 12.46 and price to earnings (TTM) ratio is 24.70.

Transactions by insiders

Recent insider trading involved Belsky Scott, Officer, that happened on Apr 01 ’25 when 5012.0 shares were purchased. EVP & CFO, Durn Daniel completed a deal on Mar 20 ’25 to buy 1300.0 shares. Meanwhile, Director Ricks David A bought 2250.0 shares on Jan 28 ’25.

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