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Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Adobe (ADBE) Stocklytics Forecast

Adobe Inc (ADBE) is a well-known software company that specializes in providing digital media and marketing solutions. With its strong track record and innovative technologies, the company has gained popularity among both individual users and businesses. As an investor, it is crucial to stay informed about the stock price predictions for Adobe Inc. By analyzing various factors and using advanced techniques like artificial intelligence (AI) and machine learning, experts can forecast the future price of ADBE stock. As of now, the stock price prediction for Adobe Inc is positive, indicating that it is likely to experience growth in the coming years.

According to market analysts, the stock price forecast for Adobe Inc in 2023 is expected to be promising. The projected growth can be attributed to factors such as the increasing demand for digital media and marketing solutions, Adobe's strong market position, and its consistent financial performance. With its wide range of products and services, including popular software like Photoshop, Illustrator, and Acrobat, Adobe continues to attract a large customer base. As more businesses embrace digital transformation and rely on Adobe's solutions, the company is well-positioned to capitalize on this trend.

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Frequently Asked Questions

What is the analyst price prediction for Adobe (ADBE) stock?

Analysts have set a target price of $605.5 for Adobe (ADBE), based on forecasts from 28 analysts. The predicted price range extends from a high of $700 to a low of $445. This represents a potential increase of up to 33.93% and a decrease of -14.86% from the current price of $522.66. These forecasts are as of 2024 Mar 15.

What are the analyst ratings for Adobe (ADBE) stock?

The analyst ratings for Adobe (ADBE) are distributed as follows: 25 analysts recommend buying, 6 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 31 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Adobe .

What is the AI price prediction for Adobe (ADBE) stock?

The AI price prediction model, leveraging machine-learning techniques, forecasts that Adobe (ADBE) stock could reach $431.84 by 2024 Jun 30. This prediction indicates a potential price change of -17.38%. The forecast has a lifetime of 30 days, culminating on the target date provided. The prediction was made on 2024 Jun 02.


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