$519.78
0.20% today
Nasdaq, Nov 26, 04:45 pm CET
ISIN
US00724F1012
Symbol
ADBE

Adobe Target price 2024 - Analyst rating & recommendation

Adobe Classifications & Recommendation:

Buy
70%
Hold
23%
Sell
7%

Adobe Price Target

Target Price $610.50
Price $518.73
Potential 17.69%
Number of Estimates 35
35 Analysts have issued a price target Adobe 2025 . The average Adobe target price is $610.50. This is 17.69% higher than the current stock price. The highest price target is $704.55 35.82% , the lowest is $440.00 15.18% .
A rating was issued by 43 analysts: 30 Analysts recommend Adobe to buy, 10 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 17.69% . Most analysts recommend the Adobe stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028


Nov '23 2024
Estimates
Revenue Billion $ 19.37 21.44
11.12% 10.70%
EBITDA Margin 39.01% 49.51%
0.90% 26.92%
Net Margin 27.18% 25.43%
5.41% 6.44%

35 Analysts have issued a sales forecast Adobe 2024 . The average Adobe sales estimate is $21.4b . This is 2.38% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $21.5b 2.71% , 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 10.70%
2025 $23.8b 10.93%
2026 $26.4b 10.96%
2027 $29.4b 11.32%
2028 $32.4b 10.21%

14 Analysts have issued an Adobe EBITDA forecast 2024. The average Adobe EBITDA estimate is $10.6b . This is 25.50% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $10.9b 28.50% , the lowest is $9.6b 13.50% .

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

EBITDA Estimates

2023 $7.6b 10.12%
2024 $10.6b 40.51%
2025 $11.7b 9.88%
2026 $12.9b 10.79%
2027 $14.2b 10.10%
2028 $15.7b 10.49%

EBITDA Margin

2023 39.01% 0.90%
2024 49.51% 26.92%
2025 49.04% 0.95%
2026 48.97% 0.14%
2027 48.43% 1.10%
2028 48.55% 0.25%

15 Adobe Analysts have issued a net profit forecast 2024. The average Adobe net profit estimate is $5.5b . This is 3.47% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is $5.5b 4.90% , the lowest is $5.4b 2.70% .

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

Net Profit Estimates

2023 $5.3b 17.13%
2024 $5.5b 3.56%
2025 $7.2b 32.02%
2026 $8.3b 15.18%

Net Margin

2023 27.18% 5.41%
2024 25.43% 6.44%
2025 30.26% 18.99%
2026 31.41% 3.80%

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


Nov '23 2024
Estimates
Earnings Per Share $ 11.83 12.25
17.13% 3.55%
P/E 42.34
EV/Sales 10.58

15 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 $12.25 . This is 3.46% 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 $12.42 4.90% , the lowest is $12.16 2.70% .

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

Earnings Per Share

2023 $11.83 17.13%
2024 $12.25 3.55%
2025 $16.17 32.00%
2026 $18.63 15.21%

P/E ratio

Current 43.81 21.40%
2024 42.34 3.36%
2025 32.07 24.26%
2026 27.85 13.16%

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 10.58 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 10.65 .

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

EV/Sales

Current 10.84 26.90%
2024 10.58 2.37%
2025 9.54 9.85%
2026 8.60 9.88%
2027 7.72 10.17%
2028 7.01 9.26%

P/S ratio

Current 10.90 27.39%
2024 10.65 2.33%
2025 9.60 9.85%
2026 8.65 9.88%
2027 7.77 10.17%
2028 7.05 9.27%

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