Citi Lowers Adobe (ADBE) PT to $366 Ahead of Earnings, Maintains Neutral Rating on Anticipated Revenue Beat but Lowered Margin Forecasts

Adobe Inc. (NASDAQ:ADBE) is one of the most profitable tech stocks to buy. On December 4, Citi lowered the firm’s price target on Adobe to 366from366 from 400, while keeping a Neutral rating on the shares. This announcement was made ahead of the company’s Q4 2025 earnings report. The firm anticipates that the company will slightly exceed its revenue estimates but has lowered its margin forecasts. In the previous quarter, Adobe achieved record revenue of $5.99 billion in Q3 2025, which marked 10% year-over-year ...