Wells Fargo cuts target for Adobe Inc. stock from USD 270 to USD 225

Published on 10/27/2026 at 16:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wells Fargo cut target to USD 225 on October 12, 2026. Adobe Inc. stock costs EUR 225.95 on October 27, 2026, down 0.88 percent versus Xetra close.

Target cut and quarterly growth

Wells Fargo lowered Adobe's target from USD 270.00 to USD 225.00 on October 12, 2026.
Adobe reported USD 6.76 billion in third-quarter fiscal 2026 revenue, up 12.00 percent year over year.
Adobe Inc. stock costs EUR 225.95 at Lang & Schwarz on October 27, 2026, 0.88 percent below the Xetra close.
Adobe's next quarterly results are scheduled for December 9, 2026.

Adobe Inc., US00724F1012, Illustration mit AI erstellt.

Adobe Inc. (ISIN US00724F1012) faces a lower analyst benchmark after Wells Fargo & Company cut its price target from USD 270.00 to USD 225.00 on October 12, 2026, according to MarketBeat. The stock was trading at EUR 225.95 at Lang & Schwarz on October 27, 2026 at 4:31 p.m. CET, down EUR 2.00 or 0.88 percent versus the Xetra close of October 26, 2026 at EUR 227.95.

Wells Fargo sets the lower target

The USD 225.00 target sits 10.71 percent below Adobe's Nasdaq price of USD 251.99 on October 27, 2026 at 11:33 a.m. ET. MarketBeat also reported a consensus Hold rating and an average target of USD 283.90, leaving a wide gap between the bearish target and the broader analyst average.

Revenue growth stays in double digits

Adobe reported USD 6.76 billion in revenue for the third quarter of fiscal 2026, up 12.00 percent year over year, while GAAP earnings per share reached USD 4.62 and non-GAAP earnings per share came to USD 6.13, according to Yahoo Finance on September 10, 2026. Management targeted fiscal 2026 revenue of USD 26.576 billion to USD 26.626 billion and non-GAAP earnings per share of USD 24.45 to USD 24.50.

Price position and valuation

On Nasdaq, Adobe last traded at USD 251.99 on October 27, 2026 at 11:33 a.m. ET, down 2.56 percent on the session. The USD 190.12 to USD 363.70 52-week range places the quote 30.72 percent below its high, while market capitalization stood at USD 98.1 billion and the price-to-earnings ratio was 14.05.

Adobe's next quarterly results are scheduled for December 9, 2026, according to Seeking Alpha. The date gives investors a defined checkpoint for testing whether the company's AI monetization strategy can support its fiscal targets.

Comparison with peers

Adobe Inc.: down 0.88 percent versus the Xetra close, price-to-earnings ratio 14.05, market capitalization USD 98.1 billion.

Salesforce, Inc. (NYSE, USD): down 1.83 percent, price-to-earnings ratio 22.16, market capitalization USD 200.1 billion.

Intuit Inc. (Nasdaq, USD): down 2.88 percent, price-to-earnings ratio 20.00, market capitalization USD 88.2 billion.

Adobe stock stays below its yearly high

Adobe's euro quote remained below the previous Xetra session close as the Nasdaq session progressed. The combination of a lower Wells Fargo target, double-digit quarterly revenue growth and a December reporting date gives the stock a clear set of upcoming reference points.

Adobe Inc. was trading at EUR 225.95 at Lang & Schwarz on October 27, 2026 at 4:31 p.m. CET, 0.88 percent below the Xetra close of October 26, 2026 at EUR 227.95. The further course of trading is shown by the continuously updated real-time quote of Adobe Inc. stock.