Adobe Price Target Lowered by Barclays

Analysts cut price target on software company's stock to $335 from $415

Mar. 4, 2026 at 3:04pm

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Barclays equity researchers have lowered their price target on Adobe (NASDAQ:ADBE) stock from $415 to $335, while maintaining an "overweight" rating on the software company's shares. This comes as Adobe faces a challenging market environment, with the stock down over 30% from its 52-week high.

Why it matters

Adobe's stock price has been under pressure in recent months as the company navigates a slowdown in the tech sector. The lowered price target from Barclays suggests analysts see further downside potential, even as they remain bullish on the company's long-term prospects.

The details

In a note to investors, Barclays cited a number of factors behind the price target reduction, including a general market pullback and concerns about Adobe's growth trajectory. The analysts noted that while Adobe remains a leader in creative and digital experience software, increased competition and macroeconomic headwinds could weigh on the company's performance in the near term.

  • Barclays issued the updated price target and rating on Adobe on March 4, 2026.

The players

Barclays

A major global investment bank that provides research coverage on Adobe and other technology companies.

Adobe Inc.

A leading software company that provides creative, marketing and digital experience tools and services to professionals and enterprises.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The lowered price target on Adobe reflects broader concerns about the software sector and macroeconomic conditions, but the company's leadership position and diversified offerings suggest it may be able to weather the current challenges better than some peers.