Adobe Inc. is a multination computer software company that bases in America. This company focuses on software for publishing a wide range of content such as illustration, photography, graphics, animation, motion pictures, multimedia/video, and print. The Adobe company has expanded considerably in recent times.
Adobe is a specialized computer software company focusing on products that make life easier for its customers, who are primarily into editing, publishing, and audio-visual content creation and understand its market.
The company has created and released several flagship products, including the much-celebrated Adobe Illustrator, Adobe Acrobat Reader, Adobe Photoshop, Portable Document Format (PDF), and lots more.
Adobe company is one truly customer-centric company, venturing into related fields to provide the best for its users.
The company has a bundled solution for its products called Adobe Creative Suite, and it has also been upgraded to a SaaS (subscription-based software as a service) called Adobe Creative Cloud.
The Adobe company is recognized as a leader in CXM (Customer Experience Management).
Adobe Inc. was established in December 1982 by Charles Geschke and John Warnock. It is headquartered in San Jose, California, and was incorporated in Delaware.
It is a company that serves a worldwide market, and the company had over 24,000 employees worldwide as of 2021. Its primary development operations are in 7 American cities and Bangalore and Noida in India.
Over the years, The Adobe company has grown so much by releasing top services and products.
It has made several notable acquisitions to expand its operations and compete in better conditions.
Its acquisitions include Macromedia, Omniture, OCR Systems, Inc., Aldus Corporation, Day Software, Nitobi Software, and many more. Adobe has been cooperating with NVIDIA for over 10 years.
Adobe Stock Forecast for 2023
One of the primary reasons Adobe stock rose so much in the last couple of years is the company’s revenue.
Due to its many services and products, the company recorded a significant increase in revenue and profit in the last two years. We expect the same in 2023 and believe it will still push the price even higher.
We expect more Adobe stock demand from retail investors and significant shareholders. As such, our ADBE stock price forecast for 2023 estimates that the shares could reach $725 – an increase of 100% from today’s price.
Adobe’s stock price prediction for 2023 is projected that the stock’s minimum price will not be less than $616 per share.
It is projected that ADBE will grow to a maximum cost of $725 in 2023, and the average price should be around $676 per share.
Adobe Stock Forecast for 2024
It is common knowledge that the team at Adobe Inc. is incredibly knowledgeable and talented. For several years, the team has been able to take the Adobe company to greater heights, and we believe it will not relent anytime soon.
Experts believe that the efforts of Adobe Inc. will be massively rewarded in 2024, and its stock price will reflect this.
According to our price prediction, the minimum price of ADBE stock in 2024 is $740, and a predicted maximum cost of $872 within the year. The average price is expected to be $711 per share.
Adobe Stock Forecast for 2025
Adobe is well-known for its services and top product, and Adobe Photoshop is the most popular photo editing software around the globe.
The Adobe company is ready to release many new excellent products and services, and we believe these will help boost the price of its shares.
Our Adobe price forecast for 2025 estimates that the stock could increase to the all-time highs of $910 – potentially beyond that level.
Adobe Stock Forecast for 2026
Adobe Inc. has earned a customer base over the past decades. In addition to creating some of the best services and products in the editing, audio-visual content creation, and publishing scene, the Adobe company knows how to market its products to the right market.
We also believe it will be able to improve its customer base significantly by 2026, which will also boost the price of its stock.
Per our ADBE stock price forecasts for 2026, Adobe’s minimum price is expected to be $898, while the maximum cost price is expected to be $852, with an average price of about $995 or thereabout.
Adobe Stock Forecast for 2027
According to our analysis and research, the minimum price of ADBE stock in 2027 could be up to $930.
If the market remains as good as we predicted, then the maximum price of the stock will be around $1,116 per share. The average cost price is expected to be about $1084 per share.
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Adobe Stock Forecast for 2028
For several years, Adobe Inc. has shown its customers that it is the master of ingenuity and innovations in its industries.
It has always been able to stay ahead of the competition by improving its products and services massively. We expect this to help push its stock price in the coming years.
Regarding our Adobe stock price forecast for 2028, the stock’s minimum price is not expected to be below $985, and the maximum cost will likely be up to $1,194 per share. According to our forecasts, the average price should be in the region of $1,115 per share.
Adobe Stock Forecast for 2029
Though Adobe inc. has done a lot, the original company had made quite an acquisition to bring it to where it is today.
Even after it was changed to Adobe Inc., the company has made many acquisitions to improve its services and products.
Due to this, the ADBE stock price forecast for 2029 estimates that the Adobe stock could reach $1,200 by the end of the year – a 151% rise from today’s level.
Per our ADBE stock price forecast for 2029, the stock is expected to trade at a minimum price of $1,102 and a maximum price of $1,207, with an average trading price of $1,175 per share.
Adobe Stock Forecast for 2030
Technology is predicted to improve massively before 2030, and we believe a company like Adobe will align with whatever its users need. There will likely be improvements, and they will most likely affect the price of Adobe positively.
As per ADBE stock price prediction for 2030, The average price is expected to be around $1,320 per share. The minimum fee is predicted to be approximately $1,243, with a maximum price value of $1,486.
Is Adobe a Buy or Sell?
Adobe is a buy; its attractiveness as a long-term investment means that it isn’t a Sell despite a challenging business environment in the near term.2
What is the Target Price of Adobe?
The price target is $458.67
Will Adobe Shares go up?
There is a big possibility that the shares might likely go up
Is Adobe Overpriced Stock?
ADBE is historically 8% overvalued, and most analysts expect 17% annual returns over the next 5 years, 5X more than the S&P 500.
Even if rising rates compress Adobe multiples and it grows slower than predicted, 7% to 9% annual returns are likely, 50% more than the S&P 500’s consensus
Is Adobe a Good Stock to Buy in 2023?
Adobe stock has received a consensus rating of Buy. The company’s average rating score is 2.79 based on 6 hold ratings, 21 buy ratings, and no sell ratings.
Is Adobe Undervalued?
Right now, the Adobe stock trades for around 30x estimated earnings for this fiscal year and 25.4x estimated earnings for its next fiscal year.
Does Adobe Have a Moat?
ADBE has invested in creating a moat around their business, leveraging a combination of a sticky community, a creative business model, diversified products, and a brand reputation that carries significant weight
Is Adobe Stock Any Good?
Adobe Stock is one of the best choices in stock photos for designers using Creative Cloud, but it is also a better option for any buyer.
Is Adobe a Safe Stock?
ADBE stock has a consumer rating of 1.44 stars from 100 reviews indicating that some customers are generally dissatisfied with their purchases.
Consumers complaining about Adobe Stock frequently mention customer service problems, cancellation fees, and free trials.
Watch the video below to know the Adobe stock forecast: