Adobe Inc. (ADBE)
Market Cap | 271.22B |
Revenue (ttm) | 18.89B |
Net Income (ttm) | 5.12B |
Shares Out | 455.30M |
EPS (ttm) | 11.11 |
PE Ratio | 54.80 |
Forward PE | 34.36 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,605,006 |
Open | 598.92 |
Previous Close | 595.70 |
Day's Range | 596.47 - 609.25 |
52-Week Range | 318.60 - 628.60 |
Beta | 1.34 |
Analysts | Buy |
Price Target | 583.85 (-4.1%) |
Earnings Date | Dec 13, 2023 |
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 2022, Adobe's revenue was $17.61 billion, an increase of 11.54% compared to the previous year's $15.79 billion. Earnings were $4.76 billion, a decrease of -1.37%.
Financial StatementsAnalyst Forecast
According to 29 analysts, the average rating for ADBE stock is "Buy." The 12-month stock price forecast is $583.85, which is a decrease of -4.10% from the latest price.
News

The Law Offices of Frank R. Cruz Announces Investigation of Adobe, Inc. (ADBE) on Behalf of Investors
LOS ANGELES , Dec. 7, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces an investigation of Adobe, Inc. ("Adobe" or the "Company") (NASDQ: ADBE) on behalf of investors concerning the Com...

Analysts shift attention to new market leaders in Q4
Among the most significant takeaways from the Q3 earnings reporting cycle is that the analysts' attention is shifting. The shift is not so much a sector rotation but a rotation within the tech sector ...

ADOBE SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Adobe To Contact Him Directly To Discuss Their Options
If you suffered losses exceeding $100,000 investing in Adobe securities between July 23, 2021 and September 15, 2022 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wils...
Kari Firestone's top stock picks: NEE, AMT, ADBE, AXP
Kari Firestone, Aureus Asset Management chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, her top stock picks, where investors can find opportunities, and more.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Adobe Inc.(ADBE) Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK , Dec. 5, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Adobe Inc. ("Adobe" or the "Company") (NASDAQ: ADBE) of a class action securities lawsuit. CLASS DEFINITION: The law...

Adobe to Announce Q4 and FY2023 Earnings Results on December 13
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) announced it will release its fourth quarter and fiscal year 2023 results after the market closes on Wednesday, Dec. 13, 2023, followed by...

The Law Offices of Frank R. Cruz Continues Its Investigation of Adobe, Inc. (ADBE) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)---- $STOCKS--The Law Offices of Frank R. Cruz Continues Its Investigation of Adobe, Inc. (ADBE) on Behalf of Investors.

IMPORTANT DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Adobe Inc. with Losses In Excess of $1,000,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 4, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Adobe Inc. ("Adobe" or "the Co...

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Adobe Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 19, 2023 - (NASDAQ: ADBE)
NEW YORK , Dec. 4, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Adobe Inc.. Shareholders who purchased shares of ADBE during the class period listed are encou...

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Adobe Inc. with Losses In Excess of $1,000,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Adobe Inc. ("Adobe" or "the Co...

FINAL DEADLINE THIS MONTH: The Schall Law Firm Encourages Investors in Adobe Inc. with Losses of $1,000,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 1, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Adobe Inc. ("Adobe" or "the Co...

The Law Offices of Frank R. Cruz Announces Investigation of Adobe, Inc. (ADBE) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)---- $STOCKS--The Law Offices of Frank R. Cruz Announces Investigation of Adobe, Inc. (ADBE) on Behalf of Investors.

ADOBE INVESTOR DEADLINE APPROACHING: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Adobe To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Adobe between July 23, 2021 and September 15, 2022 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-...

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Adobe Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Adobe Inc. ("Adobe" or "the C...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Adobe, Inc. - ADBE
NEW YORK , Nov. 28, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Adobe, Inc. ("Adobe" or the "Company") (NASDAQ: ADBE). Such investors are advised to contact Ro...

U.K. CMA says Adobe-Figma deal could hurt competition
Adobe Inc (NASDAQ: ADBE) is in focus today after the Competition & Markets Authority of the United Kingdom said letting it buy Figma could hurt competition. CMA reveals its provisional findings on Ado...

UK regulators say Adobe's $20 billion Figma acquisition could harm competition
The Competition and Markets Authority said Adobe's proposed acquisition of Figma could harm the U.K.'s digital design sector.

Adobe's Purchase of Figma Could 'Harm Innovation for Software,' Says U.K. Regulator
CMA provisionally finds that the acquisition of Figma by Adobe would eliminate competition between two top competitors.

Adobe's stock falls after U.K.'s CMA said $20 billion Figma purchase raises competition concerns
Shares of Adobe Inc. ADBE fell 0.6% in premarket trading Tuesday, after the U.K.'s Competition & Markets Authority said the California-based software company's proposed $20 billion deal to buy design ...

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Adobe Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 28, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Adobe Inc. ("Adobe" or "the C...

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Adobe Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ADBE
NEW YORK , Nov. 27, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds behalf of purchasers of common stock of Adobe Inc. (NASDAQ: ADBE) between July 23, 2021 and Sep...

AI revolution: 3 stocks set to soar as technology evolves
It's been a wild ride for generative AI platform ChatGPT and its financial backer Microsoft Corp. NASDAQ: MSFT. While those two companies, along with chip designer Nvidia Corp. NASDAQ: NVDA are among ...

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Adobe Investors of a Lead Plaintiff Deadline of December 19, 2023
NEW YORK , Nov. 27, 2023 /PRNewswire/ -- Attention Adobe Inc. ("Adobe") (NASDAQ: ADBE) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of inv...

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Adobe Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Adobe Inc. ("Adobe" or "the C...