$528.80
1.50% today
Nasdaq, Sep 16, 08:44 pm CET
ISIN
US00724F1012
Symbol
ADBE

Adobe Target price 2024 - Analyst rating & recommendation

Adobe Classifications & Recommendation:

Buy
72%
Hold
21%
Sell
7%

Adobe Price Target

Target Price $613.99
Price $536.87
Potential 14.36%
Number of Estimates 35
35 Analysts have issued a price target Adobe 2025 . The average Adobe target price is $613.99. This is 14.36% higher than the current stock price. The highest price target is $704.55 31.23% , the lowest is $450.00 16.18% .
A rating was issued by 43 analysts: 31 Analysts recommend Adobe to buy, 9 to hold and 3 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Adobe stock has an average upside potential 2025 of 14.36% . Most analysts recommend the Adobe stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028


Nov '23 2024
Estimates
Revenue Billion $ 19.37 21.45
11.12% 10.73%
EBITDA Margin 39.01% 49.55%
0.90% 27.03%

35 Analysts have issued a sales forecast Adobe 2024 . The average Adobe sales estimate is $21.4b . This is 2.41% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $21.5b 2.87% , the lowest is $21.4b 2.19% .

This results in the following potential growth metrics:

Revenue Estimates

2023 $19.4b 11.12%
2024 $21.4b 10.73%
2025 $23.8b 11.04%
2026 $26.5b 11.09%
2027 $29.4b 11.06%
2028 $32.4b 10.21%

15 Analysts have issued an Adobe EBITDA forecast 2024. The average Adobe EBITDA estimate is $10.6b . This is 25.90% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $10.9b 28.91% , the lowest is $9.6b 13.76% .

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $7.6b 10.12%
2024 $10.6b 40.65%
2025 $11.7b 10.21%
2026 $12.9b 10.57%
2027 $14.2b 9.88%
2028 $15.7b 10.49%

EBITDA Margin

2023 39.01% 0.90%
2024 49.55% 27.03%
2025 49.18% 0.75%
2026 48.95% 0.47%
2027 48.43% 1.06%
2028 48.55% 0.25%

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028


Nov '23 2024
Estimates
Earnings Per Share $ 11.83 12.35
17.13% 4.40%
P/E 43.48
EV/Sales 11.03

16 Analysts have issued a Adobe forecast for earnings per share. The average Adobe <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $12.35 . This is 4.31% higher than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $14.25 20.35% , the lowest is $11.99 1.27% .

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $11.83 17.13%
2024 $12.35 4.40%
2025 $16.16 30.85%
2026 $18.65 15.41%

P/E ratio

Current 45.35 17.38%
2024 43.48 4.12%
2025 33.23 23.57%
2026 28.79 13.36%

Based on analysts' sales estimates for 2024, the Adobe stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 11.03 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 11.10 .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 11.30 18.35%
2024 11.03 2.37%
2025 9.94 9.94%
2026 8.94 9.98%
2027 8.05 9.96%
2028 7.31 9.27%

P/S ratio

Current 11.37 18.66%
2024 11.10 2.35%
2025 10.00 9.94%
2026 9.00 9.98%
2027 8.10 9.96%
2028 7.35 9.27%

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