$508.13
1.34% yesterday
Nasdaq, Sep 18, 10:10 pm CET
ISIN
US00724F1012
Symbol
ADBE

Adobe Target price 2024 - Analyst rating & recommendation

Adobe Classifications & Recommendation:

Buy
66%
Hold
25%
Sell
9%

Adobe Price Target

Target Price $611.52
Price $508.13
Potential 20.35%
Number of Estimates 36
36 Analysts have issued a price target Adobe 2025 . The average Adobe target price is $611.52. This is 20.35% higher than the current stock price. The highest price target is $704.55 38.66% , the lowest is $450.00 11.44% .
A rating was issued by 44 analysts: 29 Analysts recommend Adobe to buy, 11 to hold and 4 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 20.35% . 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% 10.72%
EBITDA Margin 39.01% 49.58%
0.90% 27.10%

36 Analysts have issued a sales forecast Adobe 2024 . The average Adobe sales estimate is $21.4b . This is 2.40% 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 10.72%
2025 $23.8b 11.03%
2026 $26.4b 11.05%
2027 $29.4b 11.11%
2028 $32.4b 10.21%

15 Analysts have issued an Adobe EBITDA forecast 2024. The average Adobe EBITDA estimate is $10.6b . This is 25.99% 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 40.74%
2025 $11.7b 10.15%
2026 $13.0b 10.65%
2027 $14.2b 9.79%
2028 $15.7b 10.49%

EBITDA Margin

2023 39.01% 0.90%
2024 49.58% 27.10%
2025 49.19% 0.79%
2026 49.01% 0.37%
2027 48.43% 1.18%
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 12.23
17.13% 3.38%
P/E 42.11
EV/Sales 10.58

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 $12.23 . This is 3.29% 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 $11.99 1.27% .

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

Earnings Per Share

2023 $11.83 17.13%
2024 $12.23 3.38%
2025 $16.17 32.22%
2026 $18.67 15.46%

P/E ratio

Current 42.92 21.81%
2024 42.11 3.22%
2025 31.85 24.36%
2026 27.58 13.41%

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 10.69 15.49%
2024 10.58 2.38%
2025 9.53 9.93%
2026 8.58 9.95%
2027 7.72 10.00%
2028 7.01 9.26%

P/S ratio

Current 10.76 16.18%
2024 10.65 2.35%
2025 9.59 9.93%
2026 8.64 9.95%
2027 7.77 10.00%
2028 7.05 9.27%

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