To predict the stock price of Adobe (ADBE) for the next trading week, we analyze both technical indicators and recent news sentiment.
Adobe's stock price has been under pressure recently, with the Relative Strength Index (RSI) at 29.12, indicating oversold conditions. The MACD is also negative, suggesting bearish momentum. However, the stock is approaching a critical support level at $380.77, which could act as a floor for the price.
Recent news indicates positive developments for Adobe:
The Fibonacci levels suggest resistance at $434.28 and support at $380.77. The stock is currently testing the lower end of this range.
Given the oversold conditions and positive news, Adobe's stock is likely to see a short-term rebound. The target price for the next trading week is $415, with a Buy recommendation as the stock is expected to bounce back from its current levels.
The price of ADBE is predicted to go up -4.85%, based on the high correlation periods with FC. The similarity of these two price pattern on the periods is 98.55%.
ADBE
FC
Year
ADBE Price Forecast($)
Potential Return(%)
2025
475.000
10.320
2026
600.000
36.810
2027
650.000
48.210
2028
650.000
48.210
2029
750.000
71.010
2030
750.000
71.010
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.
Jefferies
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Price Target
$650 → $590
Upside
+53.83%
Keybanc
2025-03-21
Price Target
n/a
Downside
0%
RBC Capital
2025-03-19
Price Target
$530
Upside
+36.66%