Adobe Price Target Lowered by Barclays

Analysts cut the software company's price target amid market uncertainty.

Published on Mar. 5, 2026

Adobe (NASDAQ:ADBE) had its price target lowered by Barclays from $415.00 to $335.00 in a research note issued to investors on Wednesday. The firm maintained an overweight rating on Adobe's stock. The price target cut comes as other analysts have also recently issued mixed reports on the software company.

Why it matters

Adobe's stock price and valuation have been closely watched by investors as the company navigates a shifting market landscape for its creative and digital experience software offerings. The lowered price target from Barclays reflects broader uncertainty around Adobe's growth prospects in the near term.

The details

Barclays cited a number of factors in lowering Adobe's price target, including increased competition and macroeconomic headwinds impacting the software industry. Other analysts have also issued mixed reports on Adobe recently, with Oppenheimer downgrading the stock and Citigroup raising its price target. The company is scheduled to report its next quarterly earnings on December 10th.

  • The Barclays research note was issued on Wednesday, March 5, 2026.
  • Adobe is scheduled to report Q1 2026 earnings on December 10, 2025.

The players

Adobe

A global software company that develops tools and services for creative professionals, marketers and enterprises.

Barclays

A multinational investment bank and financial services company that issued the research note lowering Adobe's price target.

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What’s next

Adobe is scheduled to report its next quarterly earnings on December 10, 2025, which will provide more insight into the company's performance and outlook.

The takeaway

The lowered price target from Barclays reflects broader uncertainty around Adobe's growth prospects, as the software industry navigates increased competition and macroeconomic headwinds. Investors will be closely watching Adobe's upcoming earnings report for signs of how the company is adapting to these market challenges.