Adobe Price Target Cut to $325 by TD Cowen

Analysts lower price target for software company amid market volatility

Published on Mar. 10, 2026

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TD Cowen analysts have lowered their price target for Adobe (NASDAQ:ADBE) from $400 to $325, citing market conditions. The brokerage firm maintained a "hold" rating on the software company's stock.

Why it matters

Adobe's stock price has been volatile in recent months as the broader tech sector faces headwinds. This price target cut by a major analyst firm signals ongoing uncertainty around the company's near-term performance and growth prospects.

The details

In a research report, TD Cowen analysts cited the challenging market environment in lowering their price target for Adobe. The new $325 target represents a potential upside of 15% from the stock's previous closing price. Other analysts have also recently adjusted their views on Adobe, with Wells Fargo cutting its price target and Weiss Ratings downgrading the stock.

  • The new price target was issued on Tuesday, March 10, 2026.

The players

TD Cowen

A major brokerage firm that covers Adobe and has lowered its price target for the stock.

Adobe (NASDAQ:ADBE)

A global software company that develops creative and digital experience tools and services.

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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 (San Francisco Chronicle)

The takeaway

This price target cut reflects the ongoing volatility in the tech sector and the uncertainty around Adobe's near-term growth prospects. Investors will be closely watching the company's performance in the coming quarters to see if it can weather the current market challenges.