The Comprehensive Take On Adobe Ahead Of Earnings

With the company set to release earnings after the closing bell on Tuesday, many Adobe Systems Incorporated (NASDAQ: ADBE) traders are mulling over how they should play the stock during the next couple of days. However, long-term investors will likely be more interested in the outlook for the company in terms of months and years, rather than days.

What’s in store for Adobe in the long run? Here’s what several big-name Wall Street firms have had to say about the stock recently.

Jefferies

After speaking with Adobe CEO Shantanu Narayen, Jefferies analysts see a “$20 billion opportunity in helping companies relate directly to customers in an increasingly connected, multi-channel world.” Jefferies has a Buy rating on Adobe and a $90 target for the stock.

JPMorgan

JPMorgan analysts believe Adobe’s digital marketing business “is early in its secular adoption,” and predict that the company can grow the business by greater than 20 percent annually for at least the next five years. JPMorgan has an Overweight rating on Adobe and a $91 target for the stock.

Related Link: Morgan Stanley Looking For Q2 Bounce At Adobe

Morgan Stanley

Morgan Stanley analysts “see balanced risk/reward” in Adobe’s stock going into earnings and believe that shares are fully valued near all-time highs. Morgan Stanley has as Equal-weight rating on Adobe and a $75 target for the stock.

Wunderlich

Wunderlich analysts see “significant margin expansion” coming for Adobe, but point out that Q1 subscriber growth numbers came in below expectations. Wunderlich has a Hold rating on Adobe and a $90 target for the stock.

Pacific Crest

Pacific Crest analysts believe that Adobe will continue to innovate in creative and marketing solutions, which “could drive prolonged growth and outperformance.” Pacific Crest has a Overweight rating on Adobe and a $85 target for the stock.

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