Adobe reports strong Q4 results, yet slowing FY26 growth raises ongoing AI worries among analysts.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2025
0mins
Should l Buy ADBE?
Source: SeekingAlpha
Q4 Performance and AI Initiatives: Adobe reported double-digit revenue growth in Q4 of fiscal 2025, driven by its AI initiatives and the upcoming acquisition of Semrush, despite concerns about slowing growth in fiscal 2026.
Analyst Ratings and Concerns: Morgan Stanley maintained an Equal-weight rating with a reduced price target, while Citi expressed skepticism about reversing decelerating growth trends, highlighting competition from AI tools.
Positive Outlook from Some Firms: Stifel and Bank of America Securities reiterated their Buy ratings, citing encouraging AI disclosures and potential growth from Adobe Express and Firefly monetization.
Market Reaction: Adobe shares saw a slight increase of 1% in early trading, contrasting with mixed performances from competitors like Figma and Autodesk.
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Analyst Views on ADBE
Wall Street analysts forecast ADBE stock price to rise
26 Analyst Rating
13 Buy
11 Hold
2 Sell
Moderate Buy
Current: 262.500
Low
270.00
Averages
431.08
High
660.00
Current: 262.500
Low
270.00
Averages
431.08
High
660.00
About ADBE
Adobe Inc. is a global technology company. The Company's products, services and solutions are used around the world to imagine, create, manage, deliver, measure, optimize and engage with content across surfaces and fuel digital experiences. Its segments include Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment is centered around Adobe Creative Cloud and Adobe Document Cloud, which include Adobe Express, Adobe Firefly, Photoshop and other products, offering a variety of tools for creative professionals, communicators and other consumers. The Digital Experience segment provides an integrated platform and set of products, services and solutions through Adobe Experience Cloud. The Publishing and Advertising segment contains legacy products and services. In addition, its Adobe GenStudio solution allows businesses to simplify their content supply chain process with generative artificial intelligence (AI) capabilities and intelligent automation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
