Overview
Adobe Inc. is a prominent software company based in the United States, primarily involved in the creation of multimedia and creativity software products. Renowned for its Photoshop, Acrobat Reader, and Adobe Creative Cloud services, Adobe leads in the digital media and digital marketing sectors. The company's innovative solutions extend to digital experience management through Adobe Experience Cloud, which offers tools for analytics, advertising, and marketing. Adobe's constant emphasis on research and development helps maintain its competitive edge in the graphic design, video editing, web development, and digital marketing industries. Adobe continues to expand its services by integrating artificial intelligence and machine learning through Adobe Sensei, enhancing the capabilities of its vast product suite.
AI+ Ask Fintel’s AI assistant about Adobe Inc..
Thinking about good questions…
Basic Stats
The Factor Analysis chart (below right) shows a view of Adobe Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | |
| EV | |
| Shares Out. | 428.00 MM |
| Earnings Date | |
| EPS (TTM) | 16.05 |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.23 |
| ROE | 0.47 |
| ROIC | 0.38 |
| CROIC | -0.15 |
| OCROIC | 0.53 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 74.26 /100 |
| Profitability | 67.95 /100 |
| Quality Score | 90.70 /100 |
| Value Score | |
| Momentum Score | |
| Stability (Low Vol) Score | |
| Analyst Sentiment | |
| Fund Sentiment | 22.05 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| QVM Score | |
| Piotroski F-SCORE | 7.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Adobe Inc. is CLP603,006.58. The forecasts range from a low of CLP428,318.87 to a high of CLP733,405.64. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
| Record Date | Projection Date | High | Low | Median | Average |
|---|---|---|---|---|---|
| 2024-12-23 | 2025-12-23 | 733,405.64 | 428,318.87 | 611,288.21 | 603,006.58 |
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Adobe Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2025-09-05 | Barclays | Overweight | Overweight | Maintains |
| 2023-09-15 | Goldman Sachs | Buy | Buy | Maintains |
| 2023-09-15 | BMO Capital | Outperform | Outperform | Maintains |
| 2023-09-15 | Piper Sandler | Overweight | Overweight | Maintains |
| 2023-09-13 | Citigroup | Neutral | Neutral | Maintains |
| 2023-09-13 | JP Morgan | Neutral | Neutral | Maintains |
| 2023-09-12 | Wells Fargo | Overweight | Overweight | Maintains |
| 2023-09-12 | BMO Capital | Outperform | Outperform | Maintains |
| 2023-09-11 | Jefferies | Buy | Buy | Maintains |
| 2023-09-08 | TD Cowen | Outperform | Outperform | Maintains |
| 2023-12-14 | RBC Capital | Outperform | Outperform | Reiterate |
| 2023-12-14 | Piper Sandler | Overweight | Overweight | Reiterate |
| 2024-08-01 | RBC Capital | Outperform | Outperform | Reiterate |
| 2024-07-12 | Piper Sandler | Overweight | Overweight | Maintains |
| 2022-10-19 | Credit Suisse | Neutral | Maintains | |
| 2022-10-19 | Jefferies | Buy | Maintains | |
| 2022-10-17 | BMO Capital | Market Perform | Maintains | |
| 2022-10-17 | Piper Sandler | Overweight | Maintains | |
| 2023-09-15 | Citigroup | Neutral | Neutral | Maintains |
| 2023-09-15 | Stifel | Buy | Buy | Maintains |
| 2023-09-15 | RBC Capital | Outperform | Outperform | Reiterate |
| 2024-06-06 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-06-06 | Oppenheimer | Outperform | Outperform | Maintains |
| 2024-03-28 | JMP Securities | Market Perform | Reiterate | |
| 2024-03-15 | JP Morgan | Neutral | Neutral | Maintains |
| 2023-09-08 | Mizuho | Neutral | Buy | Upgrade |
| 2022-03-23 | Piper Sandler | Overweight | Maintains | |
| 2021-12-17 | Wells Fargo | Overweight | Maintains | |
| 2021-12-17 | Morgan Stanley | Overweight | Maintains | |
| 2020-03-13 | Stifel | Buy | Maintains | |
| 2020-03-13 | Credit Suisse | Outperform | Maintains | |
| 2019-03-15 | Canaccord Genuity | Buy | Buy | Maintains |
| 2018-03-26 | JMP Securities | Market Outperform | Market Perform | Downgrade |
| 2023-09-15 | B of A Securities | Buy | Buy | Maintains |
| 2023-03-16 | RBC Capital | Outperform | Reiterate | |
| 2023-10-11 | Piper Sandler | Overweight | Overweight | Reiterate |
| 2023-09-29 | HSBC | Hold | Initiate | |
| 2023-09-15 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2022-03-23 | Credit Suisse | Neutral | Maintains | |
| 2022-03-23 | Morgan Stanley | Overweight | Maintains | |
| 2022-03-23 | Deutsche Bank | Buy | Maintains | |
| 2024-03-15 | Stifel | Buy | Buy | Maintains |
| 2024-03-15 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2024-03-15 | Oppenheimer | Outperform | Outperform | Maintains |
| 2024-03-15 | HSBC | Hold | Hold | Maintains |
| 2024-03-15 | Wells Fargo | Overweight | Overweight | Maintains |
| 2023-02-15 | UBS | Neutral | Maintains | |
| 2023-01-18 | DA Davidson | Neutral | Initiate | |
| 2022-12-16 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-12-16 | Deutsche Bank | Buy | Maintains | |
| 2022-12-16 | Piper Sandler | Overweight | Maintains | |
| 2022-12-12 | Citigroup | Neutral | Maintains | |
| 2021-12-17 | Barclays | Overweight | Maintains | |
| 2024-03-27 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-06-10 | Melius Research | Buy | Hold | Downgrade |
| 2024-06-07 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2024-06-07 | Stifel | Buy | Buy | Maintains |
| 2024-06-07 | Mizuho | Buy | Buy | Reiterate |
| 2023-12-04 | KGI Securities | Neutral | Outperform | Upgrade |
| 2023-10-26 | DA Davidson | Neutral | Buy | Upgrade |
| 2023-10-26 | Oppenheimer | Perform | Outperform | Upgrade |
| 2022-03-15 | Wells Fargo | Overweight | Maintains | |
| 2022-03-11 | Mizuho | Buy | Maintains | |
| 2021-06-18 | Mizuho | Buy | Maintains | |
| 2021-06-18 | Morgan Stanley | Overweight | Maintains | |
| 2021-06-18 | Piper Sandler | Overweight | Maintains | |
| 2021-06-14 | Jefferies | Buy | Maintains | |
| 2021-05-25 | Mizuho | Buy | Initiate | |
| 2023-06-08 | Piper Sandler | Overweight | Maintains | |
| 2023-06-08 | Deutsche Bank | Buy | Maintains | |
| 2023-06-06 | Barclays | Overweight | Overweight | Maintains |
| 2023-06-02 | B of A Securities | Buy | Buy | Maintains |
| 2023-05-31 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2023-05-19 | RBC Capital | Outperform | Outperform | Reiterate |
| 2023-03-28 | Erste Group | Hold | Buy | Upgrade |
| 2021-09-17 | Mizuho | Buy | Maintains | |
| 2021-09-16 | BMO Capital | Outperform | Maintains | |
| 2021-09-16 | Barclays | Overweight | Maintains | |
| 2021-09-15 | Morgan Stanley | Overweight | Maintains | |
| 2021-09-03 | Argus Research | Buy | Maintains | |
| 2021-08-20 | Stifel | Buy | Maintains | |
| 2021-06-18 | RBC Capital | Outperform | Maintains | |
| 2021-06-18 | Citigroup | Neutral | Maintains | |
| 2021-06-18 | Barclays | Overweight | Maintains | |
| 2021-06-18 | Oppenheimer | Outperform | Maintains | |
| 2021-06-18 | Jefferies | Buy | Maintains | |
| 2021-06-18 | JP Morgan | Overweight | Maintains | |
| 2021-06-18 | Evercore ISI Group | Outperform | Maintains | |
| 2021-06-18 | BMO Capital | Outperform | Maintains | |
| 2021-06-18 | Goldman Sachs | Buy | Maintains | |
| 2019-10-28 | Barclays | Overweight | Maintains | |
| 2019-10-21 | BMO Capital | Outperform | Maintains | |
| 2019-10-16 | Citigroup | Buy | Neutral | Downgrade |
| 2018-09-14 | BMO Capital | Outperform | Outperform | Maintains |
| 2018-06-15 | BMO Capital | Outperform | Outperform | Maintains |
| 2023-12-12 | Citigroup | Neutral | Neutral | Maintains |
| 2022-06-17 | Deutsche Bank | Buy | Maintains | |
| 2022-06-17 | Wolfe Research | Outperform | Maintains | |
| 2022-06-17 | Mizuho | Buy | Maintains | |
| 2022-06-17 | B of A Securities | Buy | Maintains | |
| 2021-12-17 | B of A Securities | Buy | Maintains | |
| 2021-09-22 | Goldman Sachs | Buy | Maintains | |
| 2024-03-28 | DA Davidson | Buy | Buy | Maintains |
| 2024-03-15 | RBC Capital | Outperform | Outperform | Maintains |
| 2024-03-15 | B of A Securities | Buy | Buy | Maintains |
| 2023-11-10 | BMO Capital | Outperform | Outperform | Maintains |
| 2023-11-09 | Piper Sandler | Overweight | Overweight | Reiterate |
| 2023-09-15 | Baird | Neutral | Neutral | Maintains |
| 2023-09-15 | Wells Fargo | Overweight | Overweight | Maintains |
| 2023-09-15 | Wolfe Research | Outperform | Outperform | Maintains |
| 2023-09-15 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2023-09-15 | Deutsche Bank | Buy | Buy | Maintains |
| 2023-08-17 | B of A Securities | Neutral | Buy | Upgrade |
| 2023-07-31 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2023-03-17 | Credit Suisse | Neutral | Maintains | |
| 2023-03-16 | Wells Fargo | Equal-Weight | Maintains | |
| 2021-05-18 | Jefferies | Buy | Maintains | |
| 2019-12-13 | Canaccord Genuity | Buy | Maintains | |
| 2019-12-13 | Barclays | Overweight | Maintains | |
| 2019-12-13 | Stifel Nicolaus | Buy | Maintains | |
| 2023-10-11 | Stifel | Buy | Buy | Reiterate |
| 2023-10-11 | RBC Capital | Outperform | Outperform | Reiterate |
| 2024-06-10 | TD Cowen | Buy | Buy | Maintains |
| 2024-01-18 | Exane BNP Paribas | Neutral | Underperform | Downgrade |
| 2024-01-02 | Piper Sandler | Overweight | Overweight | Maintains |
| 2023-12-18 | Barclays | Equal-Weight | Overweight | Upgrade |
| 2024-03-27 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-03-21 | Keybanc | Underweight | Initiate | |
| 2024-03-15 | BMO Capital | Outperform | Outperform | Maintains |
| 2023-09-06 | UBS | Neutral | Neutral | Maintains |
| 2024-03-15 | Barclays | Overweight | Overweight | Maintains |
| 2024-03-15 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-03-12 | Piper Sandler | Overweight | Overweight | Maintains |
| 2022-06-17 | Barclays | Overweight | Maintains | |
| 2024-03-15 | DA Davidson | Buy | Buy | Maintains |
| 2024-03-11 | BMO Capital | Outperform | Outperform | Maintains |
| 2023-03-16 | Morgan Stanley | Equal-Weight | Maintains | |
| 2023-03-16 | Piper Sandler | Overweight | Reiterate | |
| 2023-03-16 | JP Morgan | Neutral | Maintains | |
| 2022-09-16 | Barclays | Overweight | Equal-Weight | Downgrade |
| 2022-09-16 | Baird | Outperform | Neutral | Downgrade |
| 2022-09-16 | Piper Sandler | Overweight | Maintains | |
| 2022-09-15 | Citigroup | Neutral | Maintains | |
| 2022-09-12 | Mizuho | Buy | Neutral | Downgrade |
| 2022-09-08 | Barclays | Overweight | Maintains | |
| 2022-06-21 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| 2024-06-17 | Bernstein | Outperform | Outperform | Maintains |
| 2024-06-14 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-06-14 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-06-14 | JMP Securities | Market Perform | Reiterate | |
| 2024-06-14 | Citigroup | Neutral | Neutral | Maintains |
| 2024-06-14 | JP Morgan | Neutral | Overweight | Upgrade |
| 2024-06-14 | Barclays | Overweight | Overweight | Maintains |
| 2024-06-14 | RBC Capital | Outperform | Outperform | Reiterate |
| 2024-06-14 | Wells Fargo | Overweight | Overweight | Maintains |
| 2022-09-16 | BMO Capital | Market Perform | Maintains | |
| 2024-06-14 | Oppenheimer | Outperform | Outperform | Reiterate |
| 2024-06-14 | Baird | Neutral | Neutral | Maintains |
| 2024-06-14 | Keybanc | Underweight | Underweight | Maintains |
| 2024-06-10 | Citigroup | Neutral | Neutral | Maintains |
| 2024-03-27 | Oppenheimer | Outperform | Outperform | Reiterate |
| 2024-03-15 | Baird | Neutral | Neutral | Maintains |
| 2023-06-21 | BMO Capital | Market Perform | Outperform | Upgrade |
| 2023-12-14 | Stifel | Buy | Buy | Maintains |
| 2019-12-13 | PiperJaffray | Overweight | Maintains | |
| 2019-10-15 | Cleveland Research | Neutral | Initiate | |
| 2019-09-18 | RBC Capital | Outperform | Maintains | |
| 2018-03-16 | JP Morgan | Neutral | Neutral | Maintains |
| 2018-03-12 | Stifel Nicolaus | Buy | Buy | Maintains |
| 2013-03-08 | Deutsche Bank | Buy | Maintains | |
| 2013-03-07 | Goldman Sachs | Sell | Maintains | |
| 2012-12-14 | Janney Capital | Buy | Neutral | Downgrade |
| 2012-12-14 | Goldman Sachs | Sell | Maintains | |
| 2012-12-14 | JMP Securities | Market Underperform | Market Outperform | Upgrade |
| 2012-12-14 | Credit Suisse | Neutral | Maintains | |
| 2024-03-27 | Mizuho | Buy | Buy | Reiterate |
| 2024-03-27 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2024-03-27 | RBC Capital | Outperform | Outperform | Reiterate |
| 2024-03-15 | TD Cowen | Outperform | Outperform | Maintains |
| 2024-03-15 | UBS | Neutral | Neutral | Maintains |
| 2022-03-23 | Jefferies | Buy | Maintains | |
| 2022-03-23 | Oppenheimer | Outperform | Maintains | |
| 2022-03-21 | RBC Capital | Outperform | Maintains | |
| 2022-03-18 | Citigroup | Neutral | Maintains | |
| 2022-09-19 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| 2022-09-19 | Edward Jones | Buy | Hold | Downgrade |
| 2022-09-16 | Evercore ISI Group | Outperform | Maintains | |
| 2022-09-16 | Cowen & Co. | Outperform | Maintains | |
| 2022-09-16 | B of A Securities | Buy | Neutral | Downgrade |
| 2021-12-17 | Piper Sandler | Overweight | Maintains | |
| 2021-12-14 | JP Morgan | Overweight | Neutral | Downgrade |
| 2023-06-12 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2023-06-12 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-09-15 | Mizuho | Buy | Buy | Reiterate |
| 2022-03-24 | Goldman Sachs | Buy | Maintains | |
| 2020-09-16 | Piper Sandler | Overweight | Maintains | |
| 2020-09-16 | Wells Fargo | Equal-Weight | Maintains | |
| 2020-09-14 | Morgan Stanley | Overweight | Maintains | |
| 2020-09-11 | Cowen & Co. | Market Perform | Outperform | Upgrade |
| 2023-12-08 | BMO Capital | Outperform | Outperform | Maintains |
| 2016-03-09 | Goldman Sachs | Neutral | Maintains | |
| 2016-01-14 | Dougherty | Buy | Initiate | |
| 2014-12-12 | Bank of America | Buy | Maintains | |
| 2014-12-12 | Jefferies | Buy | Maintains | |
| 2023-09-15 | TD Cowen | Outperform | Outperform | Maintains |
| 2022-10-13 | Barclays | Equal-Weight | Maintains | |
| 2022-09-22 | MoffettNathanson | Hold | Initiate | |
| 2022-06-17 | Credit Suisse | Neutral | Maintains | |
| 2022-05-23 | Jefferies | Buy | Maintains | |
| 2022-05-18 | Wells Fargo | Overweight | Maintains | |
| 2022-03-28 | Argus Research | Buy | Maintains | |
| 2018-03-16 | Barclays | Overweight | Overweight | Maintains |
| 2018-03-16 | Credit Suisse | Outperform | Outperform | Maintains |
| 2018-03-16 | Bank of America | Buy | Buy | Maintains |
| 2013-06-26 | Jefferies | Hold | Buy | Upgrade |
| 2013-06-19 | Jefferies | Hold | Maintains | |
| 2013-06-19 | Bank of America | Neutral | Buy | Upgrade |
| 2013-06-13 | UBS | Buy | Maintains | |
| 2022-06-17 | Jefferies | Buy | Maintains | |
| 2020-01-16 | Wells Fargo | Equal-Weight | Maintains | |
| 2017-12-13 | Morgan Stanley | Equal-Weight | Maintains | |
| 2017-12-12 | JP Morgan | Overweight | Neutral | Downgrade |
| 2016-09-21 | UBS | Buy | Maintains | |
| 2016-09-21 | Credit Suisse | Neutral | Maintains | |
| 2016-09-21 | Pacific Crest | Overweight | Maintains | |
| 2016-08-10 | Stephens & Co. | Overweight | Initiate | |
| 2016-07-26 | PiperJaffray | Overweight | Initiate | |
| 2016-06-24 | Cowen & Co. | Outperform | Initiate | |
| 2023-09-08 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2022-09-13 | BMO Capital | Outperform | Market Perform | Downgrade |
| 2022-06-17 | Baird | Outperform | Maintains | |
| 2023-06-20 | Goldman Sachs | Buy | Maintains | |
| 2023-06-16 | Mizuho | Neutral | Neutral | Maintains |
| 2023-06-16 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-06-16 | RBC Capital | Outperform | Outperform | Maintains |
| 2023-06-16 | Wells Fargo | Overweight | Overweight | Maintains |
| 2023-06-16 | Piper Sandler | Overweight | Overweight | Maintains |
| 2023-06-13 | JP Morgan | Neutral | Neutral | Maintains |
| 2023-06-09 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| 2017-10-19 | Canaccord Genuity | Buy | Maintains | |
| 2017-10-19 | Pivotal Research | Sell | Hold | Upgrade |
| 2017-10-16 | Deutsche Bank | Buy | Hold | Downgrade |
| 2017-09-20 | Canaccord Genuity | Buy | Maintains | |
| 2017-09-20 | Jefferies | Buy | Maintains | |
| 2017-09-06 | Moffett Nathanson | Buy | Initiate | |
| 2017-08-25 | Jefferies | Buy | Initiate | |
| 2017-06-12 | Pivotal Research | Hold | Sell | Downgrade |
| 2023-06-12 | Jefferies | Buy | Buy | Maintains |
| 2023-06-09 | Citigroup | Neutral | Reiterate | |
| 2023-06-09 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2023-06-08 | RBC Capital | Outperform | Maintains | |
| 2022-06-17 | BMO Capital | Outperform | Maintains | |
| 2022-06-17 | Citigroup | Neutral | Maintains | |
| 2022-06-17 | Oppenheimer | Outperform | Maintains | |
| 2022-06-17 | Piper Sandler | Overweight | Maintains | |
| 2022-06-14 | RBC Capital | Outperform | Maintains | |
| 2022-06-14 | Citigroup | Neutral | Maintains | |
| 2022-06-14 | BMO Capital | Outperform | Maintains | |
| 2022-06-10 | Mizuho | Buy | Maintains | |
| 2023-03-22 | RBC Capital | Outperform | Maintains | |
| 2023-03-22 | Piper Sandler | Overweight | Reiterate | |
| 2023-01-17 | William Blair | Outperform | Initiate | |
| 2023-01-09 | Piper Sandler | Overweight | Maintains | |
| 2022-12-19 | Citigroup | Neutral | Maintains | |
| 2022-12-16 | Mizuho | Neutral | Maintains | |
| 2022-12-16 | BMO Capital | Market Perform | Maintains | |
| 2016-09-21 | Canaccord Genuity | Buy | Maintains | |
| 2016-09-21 | Cowen & Co. | Outperform | Maintains | |
| 2016-09-21 | Citigroup | Buy | Maintains | |
| 2022-10-19 | RBC Capital | Outperform | Maintains | |
| 2023-03-13 | RBC Capital | Outperform | Reiterate | |
| 2023-03-10 | BMO Capital | Market Perform | Maintains | |
| 2023-02-24 | Wolfe Research | Outperform | Reiterate | |
| 2023-03-16 | BMO Capital | Market Perform | Maintains | |
| 2022-03-23 | Wells Fargo | Overweight | Maintains | |
| 2018-03-16 | KeyBanc | Overweight | Overweight | Maintains |
| 2017-05-02 | Barclays | Overweight | Initiate | |
| 2017-04-13 | Guggenheim | Buy | Initiate | |
| 2017-04-12 | Stifel Nicolaus | Buy | Initiate | |
| 2017-03-24 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2017-03-17 | Wunderlich | Hold | Buy | Upgrade |
| 2016-09-21 | Morgan Stanley | Equal-Weight | Maintains | |
| 2015-10-14 | Atlantic Equities | Neutral | Overweight | Upgrade |
| 2022-01-05 | UBS | Buy | Neutral | Downgrade |
| 2021-12-20 | Citigroup | Neutral | Maintains | |
| 2021-12-17 | BMO Capital | Outperform | Maintains | |
| 2017-11-22 | KeyBanc | Overweight | Overweight | Maintains |
| 2017-11-09 | UBS | Buy | Initiate | |
| 2022-06-17 | Stifel | Buy | Maintains | |
| 2022-06-17 | Wells Fargo | Overweight | Maintains | |
| 2022-06-17 | Cowen & Co. | Outperform | Maintains | |
| 2022-09-16 | Credit Suisse | Neutral | Maintains | |
| 2022-09-16 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-06-09 | Cowen & Co. | Outperform | Maintains | |
| 2022-06-07 | UBS | Neutral | Maintains | |
| 2022-03-17 | Jefferies | Buy | Maintains | |
| 2022-03-16 | Stifel | Buy | Maintains | |
| 2022-09-16 | Stifel | Buy | Maintains | |
| 2022-09-16 | Wolfe Research | Outperform | Maintains | |
| 2022-09-16 | Mizuho | Neutral | Maintains | |
| 2022-09-16 | RBC Capital | Outperform | Maintains | |
| 2022-09-16 | Deutsche Bank | Buy | Maintains | |
| 2022-06-17 | UBS | Neutral | Maintains | |
| 2022-06-17 | Evercore ISI Group | Outperform | Maintains | |
| 2022-01-21 | Deutsche Bank | Buy | Maintains | |
| 2021-01-22 | Goldman Sachs | Buy | Initiate | |
| 2020-12-11 | Credit Suisse | Outperform | Maintains | |
| 2020-09-17 | DZ Bank | Hold | Buy | Upgrade |
| 2020-09-16 | Stifel | Buy | Maintains | |
| 2020-09-16 | BMO Capital | Outperform | Maintains | |
| 2014-06-18 | Citigroup | Buy | Maintains | |
| 2021-03-24 | BMO Capital | Outperform | Maintains | |
| 2019-09-18 | Nomura | Buy | Maintains | |
| 2019-06-19 | Wedbush | Neutral | Maintains | |
| 2019-06-19 | Canaccord Genuity | Buy | Maintains | |
| 2021-02-03 | Wedbush | Neutral | Maintains | |
| 2020-09-16 | Credit Suisse | Outperform | Maintains | |
| 2020-09-16 | B of A Securities | Buy | Maintains | |
| 2020-01-13 | Credit Suisse | Outperform | Maintains | |
| 2020-01-10 | B of A Securities | Buy | Reiterate | |
| 2020-01-10 | Jefferies | Buy | Maintains | |
| 2019-12-13 | Wedbush | Neutral | Maintains | |
| 2014-11-21 | Jefferies | Buy | Initiate | |
| 2014-11-20 | Jefferies | Buy | Initiate | |
| 2014-11-18 | Citigroup | Buy | Maintains | |
| 2014-09-17 | CIBC | Buy | Maintains | |
| 2014-06-19 | Argus | Buy | Maintains | |
| 2012-03-20 | Deutsche Bank | Buy | Maintains | |
| 2012-03-20 | Jefferies | Buy | Maintains | |
| 2012-03-16 | Deutsche Bank | Buy | Maintains | |
| 2021-04-23 | Wolfe Research | Outperform | Initiate | |
| 2021-04-08 | B of A Securities | Buy | Reiterate | |
| 2020-05-14 | DZ Bank | Buy | Hold | Downgrade |
| 2016-03-18 | Goldman Sachs | Neutral | Maintains | |
| 2016-03-18 | Credit Suisse | Neutral | Maintains | |
| 2016-03-18 | Citigroup | Buy | Maintains | |
| 2016-03-18 | Bernstein | Outperform | Maintains | |
| 2021-09-22 | Piper Sandler | Overweight | Maintains | |
| 2021-09-20 | Wells Fargo | Overweight | Initiate | |
| 2021-11-22 | Atlantic Equities | Neutral | Overweight | Upgrade |
| 2021-11-16 | Credit Suisse | Neutral | Initiate | |
| 2021-11-02 | Deutsche Bank | Buy | Initiate | |
| 2021-09-22 | Stifel | Buy | Maintains | |
| 2021-09-22 | Citigroup | Neutral | Maintains | |
| 2021-09-22 | Oppenheimer | Outperform | Maintains | |
| 2021-09-22 | UBS | Buy | Maintains | |
| 2013-08-26 | Pacific Crest | Sector Perform | Outperform | Upgrade |
| 2013-07-17 | FBR Capital | Underperform | Market Perform | Upgrade |
| 2019-09-18 | JP Morgan | Neutral | Maintains | |
| 2017-01-05 | BMO Capital | Outperform | Initiate | |
| 2016-11-17 | BTIG Research | Neutral | Initiate | |
| 2016-09-23 | Argus | Buy | Maintains | |
| 2015-10-07 | Susquehanna | Positive | Maintains | |
| 2015-10-02 | RBC Capital | Outperform | Maintains | |
| 2020-03-13 | Cowen & Co. | Market Perform | Maintains | |
| 2019-06-20 | Stephens & Co. | Equal-Weight | Overweight | Upgrade |
| 2021-06-18 | Stifel | Buy | Maintains | |
| 2015-09-18 | Jefferies | Buy | Maintains | |
| 2020-01-27 | Cleveland Research | Neutral | Buy | Upgrade |
| 2020-01-17 | Oppenheimer | Perform | Outperform | Upgrade |
| 2020-03-13 | JP Morgan | Neutral | Overweight | Upgrade |
| 2021-03-24 | Morgan Stanley | Overweight | Maintains | |
| 2019-09-18 | BMO Capital | Outperform | Maintains | |
| 2019-09-18 | Citi | Buy | Maintains | |
| 2017-01-12 | Pivotal Research | Buy | Hold | Downgrade |
| 2017-01-11 | Wells Fargo | Market Perform | Initiate | |
| 2020-09-10 | RBC Capital | Outperform | Maintains | |
| 2020-09-10 | UBS | Buy | Maintains | |
| 2020-09-09 | Barclays | Overweight | Maintains | |
| 2020-09-09 | Jefferies | Buy | Maintains | |
| 2020-06-15 | Citigroup | Neutral | Maintains | |
| 2020-06-12 | Morgan Stanley | Overweight | Maintains | |
| 2020-06-12 | Credit Suisse | Outperform | Maintains | |
| 2020-06-12 | JP Morgan | Overweight | Maintains | |
| 2020-06-12 | RBC Capital | Outperform | Maintains | |
| 2020-06-12 | B of A Securities | Buy | Maintains | |
| 2020-06-08 | UBS | Buy | Maintains | |
| 2019-12-13 | Wells Fargo | Equal-Weight | Reiterate | |
| 2019-12-13 | Nomura | Buy | Maintains | |
| 2019-12-13 | Credit Suisse | Outperform | Reiterate | |
| 2019-12-13 | Stifel | Buy | Maintains | |
| 2019-12-11 | BMO Capital | Outperform | Maintains | |
| 2019-12-09 | Morgan Stanley | Overweight | Maintains | |
| 2019-11-05 | Citigroup | Neutral | Maintains | |
| 2019-11-05 | Wells Fargo | Market Perform | Maintains | |
| 2019-11-05 | Barclays | Overweight | Maintains | |
| 2019-11-05 | JP Morgan | Neutral | Maintains | |
| 2020-04-30 | BMO Capital | Outperform | Maintains | |
| 2020-03-31 | Piper Sandler | Overweight | Maintains | |
| 2020-03-25 | Morgan Stanley | Overweight | Maintains | |
| 2020-03-17 | CFRA | Buy | Maintains | |
| 2020-03-17 | Oppenheimer | Outperform | Maintains | |
| 2020-03-16 | Morgan Stanley | Overweight | Maintains | |
| 2018-03-16 | Stifel Nicolaus | Buy | Buy | Maintains |
| 2018-03-16 | BMO Capital | Outperform | Outperform | Maintains |
| 2018-03-16 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-03-16 | Canaccord Genuity | Buy | Buy | Maintains |
| 2020-03-13 | UBS | Buy | Maintains | |
| 2020-03-13 | Citigroup | Neutral | Maintains | |
| 2020-03-13 | Wells Fargo | Equal-Weight | Maintains | |
| 2020-02-19 | UBS | Buy | Maintains | |
| 2018-06-15 | Stifel Nicolaus | Buy | Buy | Maintains |
| 2018-06-15 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-06-15 | JP Morgan | Neutral | Neutral | Maintains |
| 2018-06-12 | Barclays | Overweight | Overweight | Maintains |
| 2013-03-11 | Bank of America | Buy | Neutral | Downgrade |
| 2013-03-18 | Jefferies | Hold | Maintains | |
| 2013-03-18 | Citigroup | Buy | Maintains | |
| 2012-12-14 | UBS | Buy | Maintains | |
| 2012-12-11 | Jefferies | Hold | Maintains | |
| 2012-09-20 | Bank of America | Buy | Maintains | |
| 2013-12-17 | Argus Capital | Hold | Buy | Upgrade |
| 2013-12-13 | Credit Suisse | Neutral | Maintains | |
| 2013-10-31 | Morgan Stanley | Equal-Weight | Maintains | |
| 2013-09-18 | Deutsche Bank | Buy | Maintains | |
| 2018-06-15 | Wells Fargo | Market Perform | Market Perform | Maintains |
| 2018-06-15 | Canaccord Genuity | Buy | Buy | Maintains |
| 2017-10-25 | Argus | Buy | Maintains | |
| 2017-10-19 | Citigroup | Buy | Maintains | |
| 2017-10-19 | Barclays | Overweight | Maintains | |
| 2014-06-19 | Argus Research | Buy | Maintains | |
| 2019-06-19 | Bank of America | Buy | Maintains | |
| 2019-06-19 | Wells Fargo | Market Perform | Maintains | |
| 2019-06-19 | Barclays | Overweight | Maintains | |
| 2019-04-29 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2019-03-15 | KeyBanc | Overweight | Sector Weight | Downgrade |
| 2019-02-22 | DZ Bank | Buy | Hold | Downgrade |
| 2019-02-15 | Cowen & Co. | Outperform | Market Perform | Downgrade |
| 2019-01-17 | Stephens & Co. | Equal-Weight | Initiate | |
| 2019-01-09 | Atlantic Equities | Neutral | Initiate | |
| 2019-01-07 | Pivotal Research | Hold | Buy | Upgrade |
| 2018-12-28 | DZ Bank | Hold | Buy | Upgrade |
| 2018-12-14 | KeyBanc | Overweight | Overweight | Maintains |
| 2018-12-14 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-12-14 | BMO Capital | Outperform | Outperform | Maintains |
| 2018-12-10 | Citigroup | Buy | Buy | Maintains |
| 2018-11-16 | Nomura | Buy | Initiate | |
| 2018-10-19 | Wedbush | Neutral | Initiate | |
| 2018-10-16 | Barclays | Overweight | Overweight | Maintains |
| 2018-09-17 | Argus | Buy | Buy | Maintains |
| 2018-09-14 | Citigroup | Buy | Buy | Maintains |
| 2018-09-14 | Stifel Nicolaus | Buy | Buy | Maintains |
| 2018-09-14 | Bank of America | Buy | Buy | Maintains |
| 2018-09-14 | KeyBanc | Overweight | Overweight | Maintains |
| 2018-09-14 | Baird | Outperform | Outperform | Maintains |
| 2018-09-14 | Credit Suisse | Outperform | Outperform | Maintains |
| 2017-10-19 | BMO Capital | Outperform | Maintains | |
| 2017-10-19 | Bank of America | Buy | Maintains | |
| 2017-10-19 | Credit Suisse | Outperform | Maintains | |
| 2016-04-04 | Dougherty | Buy | Maintains | |
| 2016-03-31 | Canaccord Genuity | Buy | Initiate | |
| 2016-03-23 | Deutsche Bank | Buy | Maintains | |
| 2018-03-20 | DZ Bank | Hold | Buy | Upgrade |
| 2016-03-18 | RBC Capital | Outperform | Maintains | |
| 2018-03-13 | Bank of America | Buy | Buy | Maintains |
| 2018-03-15 | Barclays | Overweight | Overweight | Maintains |
| 2016-09-23 | Argus Research | Buy | Maintains | |
| 2013-04-19 | B. Riley FBR | Buy | Initiate | |
| 2016-09-21 | Goldman Sachs | Neutral | Maintains | |
| 2013-04-19 | B. Riley | Buy | Initiate | |
| 2012-03-06 | UBS | Buy | Maintains | |
| 2015-09-02 | Oppenheimer | Perform | Initiate | |
| 2015-08-25 | Baird | Neutral | Outperform | Upgrade |
| 2015-08-11 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2015-06-18 | Citigroup | Buy | Maintains | |
| 2015-06-17 | KeyBanc | Overweight | Maintains | |
| 2015-06-09 | Wunderlich | Hold | Initiate | |
| 2015-05-15 | JP Morgan | Overweight | Initiate | |
| 2015-04-09 | Stephens & Co. | Overweight | Initiate | |
| 2015-03-18 | Citigroup | Buy | Maintains | |
| 2015-02-25 | Pivotal Research | Buy | Initiate | |
| 2014-12-12 | Deutsche Bank | Buy | Maintains | |
| 2014-12-12 | Citigroup | Buy | Maintains | |
| 2014-12-12 | Credit Suisse | Neutral | Maintains | |
| 2016-01-06 | Credit Suisse | Neutral | Maintains | |
| 2015-10-07 | JP Morgan | Overweight | Maintains | |
| 2014-06-18 | UBS | Buy | Maintains | |
| 2014-06-18 | FBR Capital | Market Perform | Maintains | |
| 2014-03-19 | Morgan Stanley | Neutral | Maintains | |
| 2014-02-24 | Susquehanna | Positive | Initiate | |
| 2014-02-11 | Bank of America | Buy | Maintains | |
| 2014-02-04 | Sterne Agee | Buy | Initiate | |
| 2013-03-20 | PiperJaffray | Neutral | Maintains | |
| 2012-09-20 | UBS | Buy | Maintains | |
| 2012-09-20 | Stifel Nicolaus | Buy | Maintains | |
| 2012-03-23 | Deutsche Bank | Buy | Maintains | |
| 2012-03-20 | PiperJaffray | Neutral | Maintains | |
| 2012-12-14 | Deutsche Bank | Buy | Maintains | |
| 2012-12-14 | PiperJaffray | Neutral | Maintains | |
| 2012-12-14 | Bank of America | Buy | Maintains | |
| 2013-04-11 | Evercore Partners | Overweight | Initiate | |
| 2013-04-11 | Goldman Sachs | Sell | Neutral | Upgrade |
| 2013-03-20 | Stifel Nicolaus | Buy | Hold | Downgrade |
| 2013-03-20 | Goldman Sachs | Sell | Maintains | |
| 2013-03-20 | Deutsche Bank | Buy | Maintains | |
| 2013-03-20 | UBS | Buy | Maintains | |
| 2013-03-20 | Jefferies | Hold | Maintains | |
| 2025-03-07 | Wells Fargo | Overweight | Overweight | Maintains |
| 2025-03-07 | RBC Capital | Outperform | Outperform | Maintains |
| 2025-02-19 | BMO Capital | Outperform | Outperform | Maintains |
| 2025-02-13 | RBC Capital | Outperform | Outperform | Reiterate |
| 2024-12-12 | RBC Capital | Outperform | Outperform | Maintains |
| 2024-12-12 | UBS | Neutral | Neutral | Maintains |
| 2024-12-12 | Barclays | Overweight | Overweight | Maintains |
| 2024-12-12 | Bernstein | Outperform | Outperform | Maintains |
| 2024-12-12 | DA Davidson | Buy | Buy | Maintains |
| 2024-12-12 | JMP Securities | Market Perform | Market Perform | Reiterate |
| 2024-12-12 | B of A Securities | Buy | Buy | Maintains |
| 2024-12-12 | Mizuho | Outperform | Outperform | Maintains |
| 2024-12-12 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-12-12 | Deutsche Bank | Buy | Buy | Maintains |
| 2024-12-12 | Jefferies | Buy | Buy | Maintains |
| 2024-12-12 | Oppenheimer | Outperform | Outperform | Maintains |
| 2024-12-12 | Stifel | Buy | Buy | Maintains |
| 2024-12-12 | Piper Sandler | Overweight | Overweight | Maintains |
| 2025-01-03 | UBS | Neutral | Neutral | Maintains |
| 2025-03-19 | RBC Capital | Outperform | Outperform | Reiterate |
| 2025-03-19 | Baird | Neutral | Neutral | Maintains |
| 2024-09-04 | Oppenheimer | Outperform | Outperform | Reiterate |
| 2024-09-04 | Barclays | Overweight | Overweight | Maintains |
| 2025-03-13 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-03-13 | UBS | Neutral | Neutral | Maintains |
| 2025-03-13 | Keybanc | Underweight | Underweight | Maintains |
| 2025-03-13 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2025-03-13 | Stifel | Buy | Buy | Maintains |
| 2025-03-13 | RBC Capital | Outperform | Outperform | Maintains |
| 2025-03-13 | Citizens Capital Markets | Market Perform | Market Perform | Reiterate |
| 2025-03-13 | Mizuho | Outperform | Outperform | Maintains |
| 2025-03-13 | BMO Capital | Outperform | Outperform | Maintains |
| 2025-03-13 | B of A Securities | Buy | Buy | Maintains |
| 2025-03-13 | Baird | Neutral | Neutral | Maintains |
| 2025-03-13 | Morgan Stanley | Overweight | Overweight | Maintains |
| 2025-03-13 | Oppenheimer | Outperform | Outperform | Maintains |
| 2025-03-14 | Citigroup | Neutral | Neutral | Maintains |
| 2024-12-05 | Piper Sandler | Overweight | Overweight | Reiterate |
| 2025-03-10 | Citigroup | Neutral | Neutral | Maintains |
| 2025-04-23 | Piper Sandler | Overweight | Overweight | Maintains |
| 2025-01-08 | Deutsche Bank | Buy | Hold | Downgrade |
| 2025-01-07 | Wells Fargo | Overweight | Overweight | Maintains |
| 2024-09-13 | Citigroup | Neutral | Neutral | Maintains |
| 2024-09-13 | Oppenheimer | Outperform | Outperform | Maintains |
| 2024-09-13 | B of A Securities | Buy | Buy | Reiterate |
| 2024-09-13 | UBS | Neutral | Neutral | Maintains |
| 2024-09-13 | JMP Securities | Market Perform | Reiterate | |
| 2024-09-13 | Morgan Stanley | Overweight | Overweight | Maintains |
| 2024-09-13 | RBC Capital | Outperform | Outperform | Reiterate |
| 2024-09-13 | Bernstein | Outperform | Outperform | Maintains |
| 2024-09-13 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-09-11 | Citigroup | Neutral | Neutral | Maintains |
| 2024-12-09 | Citigroup | Neutral | Neutral | Maintains |
| 2024-09-06 | Stifel | Buy | Buy | Maintains |
| 2024-10-15 | RBC Capital | Outperform | Outperform | Reiterate |
| 2025-04-11 | UBS | Neutral | Neutral | Maintains |
| 2024-12-06 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-12-05 | RBC Capital | Outperform | Outperform | Reiterate |
| 2025-04-16 | Morgan Stanley | Overweight | Overweight | Maintains |
| 2025-03-21 | Keybanc | Underweight | Sector Weight | Upgrade |
| 2025-03-20 | Citizens Capital Markets | Market Perform | Market Perform | Reiterate |
| 2025-03-31 | Jefferies | Buy | Buy | Maintains |
| 2025-06-13 | Oppenheimer | Outperform | Outperform | Maintains |
| 2025-06-13 | Stifel | Buy | Buy | Maintains |
| 2025-06-13 | Mizuho | Outperform | Outperform | Maintains |
| 2025-06-13 | B of A Securities | Buy | Buy | Maintains |
| 2025-06-13 | Evercore ISI Group | Outperform | Outperform | Reiterate |
| 2025-06-13 | BMO Capital | Outperform | Outperform | Reiterate |
| 2025-06-13 | Wells Fargo | Overweight | Overweight | Maintains |
| 2025-06-16 | Baird | Neutral | Neutral | Maintains |
| 2025-06-16 | Citigroup | Neutral | Neutral | Maintains |
| 2025-06-09 | UBS | Neutral | Neutral | Maintains |
| 2025-04-14 | DA Davidson | Buy | Buy | Maintains |
| 2025-04-14 | RBC Capital | Outperform | Outperform | Maintains |
| 2025-07-02 | Redburn Atlantic | Neutral | Sell | Downgrade |
| 2025-06-05 | RBC Capital | Outperform | Outperform | Reiterate |
| 2025-06-20 | DA Davidson | Buy | Buy | Maintains |
| 2025-04-22 | Wells Fargo | Overweight | Overweight | Maintains |
| 2025-06-10 | Citigroup | Neutral | Neutral | Maintains |
| 2025-06-23 | JMP Securities | Market Perform | Market Perform | Reiterate |
| 2025-08-29 | UBS | Neutral | Neutral | Maintains |
