Analysts See Adobe’s (ADBE) Story “Rebased” After Better-Than-Expected Quarter

Adobe Inc. (NASDAQ:ADBE) is one of the Trending AI Stocks on Wall Street. On December 12, Bernstein analyst Mark Moerdler reduced the price target on the stock to $506.00 from $508.00 while maintaining an “Outperform” rating. The rating affirmation follows a “solid” Q4 2025 report. According to the firm, performance for the software maker exceeded both consensus estimates and the high end of Adobe’s own guidance. Looking ahead, it also provided first-quarter fiscal 2026 guidance slightly above consensus e ...