BNP Paribas Increases Position in Adobe Inc. $ADBE

BNP Paribas raised its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 273.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,511 shares of the software company’s stock after buying an additional 8,428 shares during the period. BNP Paribas’ holdings in Adobe were worth $4,033,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of ADBE. Norges Bank purchased a new stake in shares of Adobe in the fourth quarter valued at approximately $2,275,165,000. Arrowstreet Capital Limited Partnership lifted its holdings in Adobe by 53.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 5,617,145 shares of the software company’s stock worth $1,981,448,000 after buying an additional 1,952,994 shares during the period. Dodge & Cox lifted its holdings in Adobe by 8,006.6% during the third quarter. Dodge & Cox now owns 1,593,506 shares of the software company’s stock worth $562,109,000 after buying an additional 1,573,849 shares during the period. AQR Capital Management LLC lifted its holdings in Adobe by 55.2% during the third quarter. AQR Capital Management LLC now owns 2,587,399 shares of the software company’s stock worth $912,705,000 after buying an additional 920,353 shares during the period. Finally, Amundi lifted its holdings in Adobe by 17.9% during the third quarter. Amundi now owns 4,888,283 shares of the software company’s stock worth $1,711,583,000 after buying an additional 742,646 shares during the period. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Analyst Upgrades and Downgrades

ADBE has been the topic of a number of recent analyst reports. Weiss Ratings downgraded Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 6th. UBS Group reduced their price target on Adobe from $290.00 to $260.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Oppenheimer reaffirmed a “market perform” rating on shares of Adobe in a research report on Friday, March 13th. Sanford C. Bernstein set a $447.00 price target on Adobe and gave the stock an “outperform” rating in a research report on Friday, March 13th. Finally, Royal Bank Of Canada cut their target price on Adobe from $400.00 to $350.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, Adobe presently has an average rating of “Hold” and an average price target of $338.15.

Adobe Trading Up 5.7%

ADBE stock opened at $274.03 on Tuesday. The company’s 50-day simple moving average is $244.67 and its 200-day simple moving average is $283.66. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. Adobe Inc. has a 52-week low of $224.13 and a 52-week high of $421.48. The firm has a market cap of $110.76 billion, a P/E ratio of 15.96, a PEG ratio of 1.01 and a beta of 1.42.

Adobe (NASDAQ:ADBE) last posted its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The business had revenue of $6.40 billion for the quarter, compared to analyst estimates of $6.28 billion. During the same period in the prior year, the company posted $5.08 EPS. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. As a group, equities analysts forecast that Adobe Inc. will post 19.15 EPS for the current fiscal year.

Adobe declared that its Board of Directors has authorized a share buyback plan on Tuesday, April 21st that authorizes the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization authorizes the software company to repurchase up to 24.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Insider Transactions at Adobe

In other news, CFO Daniel Durn sold 1,336 shares of the stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $248.02, for a total transaction of $331,354.72. Following the sale, the chief financial officer directly owned 42,833 shares of the company’s stock, valued at $10,623,440.66. This represents a 3.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Shantanu Narayen sold 75,000 shares of the stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $243.54, for a total transaction of $18,265,500.00. Following the sale, the chief executive officer directly owned 359,538 shares in the company, valued at approximately $87,561,884.52. The trade was a 17.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 77,091 shares of company stock valued at $18,782,773 in the last ninety days. 0.20% of the stock is currently owned by corporate insiders.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe benefited from a software sector rally after Nvidia unveiled new AI hardware, which investors see as supportive for AI-enabled creative and enterprise software demand. ServiceNow, Adobe stocks jump as Nvidia’s new AI chip sparks software rally
• Positive Sentiment: News that Adobe’s Photoshop and Premiere products may get a major AI speed boost through Nvidia RTX Spark could strengthen the investment case for Adobe’s AI strategy and product performance. Adobe x Nvidia RTX Spark: Photoshop, Premiere get 2x AI speed boost
• Positive Sentiment: Coverage highlighting Adobe’s AI headshot generator and efforts to prepare workers for AI reinforces the view that Adobe is monetizing AI across its creative and productivity suite. Want an Image Glow Up? Adobe’s AI Headshot Generator Makes You Look Like a Pro What Adobe Is Doing To Prepare Curious And Creative Workers For AI
• Positive Sentiment: Adobe’s upcoming June 11 earnings release is keeping attention on the stock, with investors hoping the report confirms stable growth and strong AI-related demand. Adobe to Announce Q2 FY2026 Earnings Results on June 11, 2026
• Neutral Sentiment: Adobe India MD Prativa Mohapatra stepping down is a leadership change, but it appears limited in immediate financial impact unless more turnover follows. Adobe India MD Prativa Mohapatra steps down after nearly five years
• Neutral Sentiment: Several commentary pieces note that Adobe remains well below its prior peak and faces mixed analyst views, so sentiment is improving but still cautious ahead of earnings. Adobe (ADBE) Soars 7.4%: Is Further Upside Left in the Stock? What’s behind Adobe stock’s newfound momentum on Monday?
• Negative Sentiment: One Zacks note warned that recent earnings estimate revisions may limit further near-term upside, suggesting some investors are still skeptical despite the recent rebound. Adobe (ADBE) Soars 7.4%: Is Further Upside Left in the Stock?

Adobe Profile

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.