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Does Adobe Stock have a downgrade?

Over the previous 90 days, Adobe's stock had 1 downgrade by analysts. Does Adobe's stock price have much upside? According to analysts, Adobe's stock has a predicted upside of 17.96% based on their 12-month stock forecasts.

Is Adobe Stock a good buy?

The average target predicts an increase of 30.24% from the current stock price of 459.94. The average analyst rating for Adobe stock from 28 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Why did Adobe (ADBE) beat earnings expectations?

Adobe beat earnings expectations, partly due to the success of its AI products. Shares for Adobe (ADBE) rose roughly 14% to $523 in premarket trading Friday morning.

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