An electronic apparatus and a playout delay adjustment method thereof are provided. The electronic apparatus includes a target playout delay estimator configured to estimate an initial target playout delay of a current frame by using network status information of a played packet and estimate a final target playout delay of the current frame by updating the estimated initial target playout delay based on real delay information of an unplayed packet, and an adaptation controller configured to determine an adaptation method for adjusting a playout delay of the current frame based on the final target playout delay.