Adobe Inc. (ADBE)
| Market Cap | 196.84B |
| Revenue (ttm) | 21.51B |
| Net Income (ttm) | 5.56B |
| Shares Out | 440.20M |
| EPS (ttm) | 12.36 |
| PE Ratio | 36.18 |
| Forward PE | 21.88 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,085,502 |
| Open | 433.02 |
| Previous Close | 437.39 |
| Day's Range | 433.01 - 451.18 |
| 52-Week Range | 433.01 - 638.25 |
| Beta | 1.29 |
| Analysts | Buy |
| Price Target | 583.92 (+30.58%) |
| Earnings Date | Dec 11, 2024 |
About ADBE
Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This se... [Read more]
Financial Performance
In 2024, Adobe's revenue was $21.51 billion, an increase of 10.80% compared to the previous year's $19.41 billion. Earnings were $5.56 billion, an increase of 2.43%.
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for ADBE stock is "Buy." The 12-month stock price forecast is $583.92, which is an increase of 30.58% from the latest price.
News
Adobe: Will Text-To-Image Disrupt Adobe's Business Model?
Adobe's FY2024 saw strong financial performance with revenue up 11%, adjusted EBIT up 16%, and adjusted EPS up 25%. Yet, the stock price dropped 27% over the past year. The disruption from AI-driven t...
INVESTIGATION ALERT (NASDAQ: ADBE): DiCello Levitt LLP Is Investigating Investor Claims Against Adobe, Inc. and Encourages ADBE Investors with Losses to Contact the Firm
SAN DIEGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- DiCello Levitt LLP announces that it is investigating whether Adobe, Inc. (“Adobe” or the “Company”) (NASDAQ: ADBE) violated the federal securities laws, i...
Adobe: Our Top Idea For 2025 Now Trading At A 30% Discount To SaaS Peers
Adobe, trading at 21.6x forward earnings, trades inline with the S&P 500 despite better growth and a superior business model. Microsoft and Salesforce trade at over 30x forward earnings, despite simil...
Why Is Adobe Stock Down 15%?
Adobe stock has seen a 15% fall in a week after the company reported its Q4 results for fiscal 2024. Although the top and bottom-line figures were ahead of the street estimates, its fiscal 2025 guidan...
Making the Case For & Against Adobe
Jackson Adar of KeyBanc and Derek Yan of KraneShares break down the pros & cons of Adobe, with investors concerned it's not yet seeing major gains from AI.
CE 100 Index Gives Up 2.2% as MongoDB and Adobe Slip on Earnings
What goes up must come down — and after three straight weeks of rallies, the CE 100 wound up snapping a long streak of wins, declining 2.2% in the penultimate “full” week of trading for 2024. All pill...
Adobe: Why You Should Catch This Falling Knife
Adobe stock has continued to disappoint as its AI growth inflection has yet to demonstrate its full potential. Management's underwhelming guidance suggests patience is needed as Adobe navigates near-t...
Adobe Q4 Earnings: Firefly Video Model And Generative Credits Must Be 2025's Priorities
Despite strong Q4 and FY24 results, ADBE's stock dropped due to conservative FY25 guidance, creating a buying opportunity with a 29% upside potential. Monetizing Generative Credits and launching the F...
Adobe's Unloved Status Triggers Rich Capital Appreciation Prospects
ADBE remains the market leader in Application Development and Graphic SaaS markets, as observed in its ability to increasingly monetize existing users and grow new adoptions. The management's lower th...
Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value
Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "M...
Stock Market This Week: AVGO All-Time High, ORCL & ADBE Down, GOOGL Quantum Chip
The NDX tapped new highs but the other indices didn't gather that same strength during a weaker market week. However, Broadcom (AVGO) shined as a huge winner thanks to an earnings rally that sent its ...
Adobe: Strong Q4 Bookings Growth Signals Resilient Demand (Rating Upgrade)
Adobe's stock dropped 13% post-earnings as strong Digital Media ARR and backlog growth in 4Q FY2024 were offset by weaker-than-expected revenue guidance for FY2025. Revenue growth continues to show Yo...
S&P 500 Gains and Losses Today: Adobe Stock Falls as Guidance Blurs AI Outlook
Major U.S. equities indexes moved lower Thursday after the Producer Price Index report showed an unanticipated uptick in wholesale inflation during November.
Adobe falls on Q4 results, AI concerns
Seema Mody dives into Adobe's sharp move lower, and what investors are expecting from Broadcom as it tries to compete with Nvidia.
Adobe Q4: Higher-Priced Firefly Subscription Could Be Coming
Adobe reported an 11% constant revenue growth and 13% adj. EPS growth in Q4 FY24, with a lower-than-expected guidance for FY25. I believe the broad availability of Firefly Video Model in early 2025, a...
ADBE A.I. Catalyst Driver for Robust Growth
Adobe (ADBE) became the biggest laggard on the S&P 500 with investors not responding well to the company's earnings. Sandra Cho argues it comes down to the company's lack of A.I.
Adobe shares plunge 13% on disappointing revenue guidance
Adobe shares tumbled after the software vendor issued revenue guidance that fell short of analysts' estimates. Adobe said it expects revenue for the fiscal first quarter of $5.63 billion to $5.68 bill...
Chart of the Day: Adobe
Adobe is our Chart of the Day after tumbling on disappointing guidance. Jim Lebenthal owns it and isn't selling, he discusses why.
Adobe: Panic Will Pass - Initiating With A Buy
I'm initiating Adobe with a buy after a 12% sell-off post-Q4 so far because I see an opportunity in the market's not-so-optimistic outlook on the business and its AI monetization. Adobe didn't guide t...
Dow, S&P 500 slip as investors assess hot producer price index; Adobe plunges, while Riot Platform jumps
Major US equity averages fell on Thursday as investors assessed a hotter-than-expected producer price index reading for November. At the time of writing, the Dow Jones Industrial Average was down 0.2...
Why Analysts Can't Quit Adobe Even After Disappointing Revenue Guidance
Adobe (ADBE) shares dropped Thursday after the company's results the day before came with an underwhelming revenue outlook, but analysts still have largely bullish, if tempered, expectations for artif...
Gold Falls Sharply; Adobe Shares Dip After Weak Revenue Outlook
U.S. stocks traded lower midway through trading, with the Dow Jones index falling by 0.2% on Thursday.
Adobe Analysts Split After Strong Q4, Weak 2025 Guidance
Shares of Adobe Inc ADBE tanked in early trading on Thursday, despite the company reporting upbeat fiscal fourth-quarter results.
Adobe Shares Plummet 12% After Lowering Outlook—Despite Record Revenue
Shares of Adobe dropped by more than 12% on Thursday, putting the Photoshop maker's stock on pace for its worst loss in nearly nine months after lowering its revenue forecast for the current fiscal ye...
Adobe's stock drop highlights this fundamental disconnect over AI
Adobe's management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the revenue runway