Technical Analysis: Based on the latest market data, ADBE is currently trading at $435.05, showing a bearish trend with RSI at 43.89 indicating neutral to slightly oversold conditions . The stock has experienced significant selling pressure, dropping from recent highs.
News Sentiment Analysis: Recent institutional activity shows hedge funds have reduced their ADBE holdings by approximately 8.93% in the latest quarter, suggesting some institutional skepticism. However, Adobe maintains a strong fundamental position with a high rating of 77% from Validea's P/B Growth Investor model.
Price Prediction for Next Week: Based on technical indicators and Fibonacci levels:
The stock is currently trading below its 200-day SMA of $503.67, indicating a broader downtrend. With the current price at $435.05 and considering the technical setup:
Target Scenarios:
Trading Recommendation: SELL with the following parameters:
The recommendation is based on:
The price of ADBE is predicted to go up 0%, based on the high correlation periods with IMMP. The similarity of these two price pattern on the periods is 97.59%.
ADBE
IMMP
Year
ADBE Price Forecast($)
Potential Return(%)
2025
475.000
10.320
2026
520.000
20.770
2027
650.000
50.960
2028
650.000
50.960
2029
650.000
50.750
2030
700.000
62.350
Adobe is the de facto standard in content creation software and PDF file editing, categories it created and still dominates.
Shift to subscriptions eliminates piracy and makes revenue recurring, while removing the high upfront price for customers. Growth has accelerated and margins are expanding from the initial conversion inflection.
Adobe is extending its empire in the creative world from content creation to marketing services more broadly through the expansion of its digital experience segment. This segment should drive growth in the coming years.
Deutsche Bank
Price Target
$600 → $475
Upside
+12.87%
Wells Fargo
Price Target
$700 → $640
Upside
+51.52%
DA Davidson
Price Target
$685 → $625
Upside
+31.7%