Wall Street Bullish on Adobe (ADBE) Ahead of its Q4 2025 Earnings Call

Group 1 - Adobe Inc. is viewed positively by analysts, with a 12-month average price target indicating over 42% upside potential from current levels ahead of its fiscal Q4 2025 earnings release on December 10 [1] - Analysts from Barclays and D.A. Davidson have reiterated Buy ratings on Adobe, with price targets of $465 and $500 respectively [2] - During the fiscal Q3 2025 earnings release, Adobe raised its Q4 2025 revenue outlook to between $6.075 billion and $6.125 billion, and GAAP EPS guidance to a range of $4.27 to $4.32. Full-year revenue guidance was also increased to between $23.65 billion and $23.70 billion, with GAAP EPS raised to a range of $16.53 to $16.58 [3] Group 2 - Adobe announced the acquisition of Semrush for $1.9 billion, marking its first M&A activity since the termination of the Figma deal in December 2023. This acquisition is expected to enhance Adobe's existing solutions by integrating Semrush's GEO and SEO capabilities [4] - Adobe specializes in software for creating, publishing, and promoting digital content, offering tools like Photoshop, Illustrator, Acrobat, and Premiere Pro, often bundled in the Adobe Creative Cloud subscription [5]