Adobe Inc. (ADBE)
| Market Cap | 300.58B |
| Revenue (ttm) | 14.39B |
| Net Income (ttm) | 5.58B |
| Shares Out | 478.00M |
| EPS (ttm) | 12.10 |
| PE Ratio | 52.14 |
| Forward PE | 46.30 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,725,575 |
| Open | 632.43 |
| Previous Close | 626.08 |
| Day's Range | 627.02 - 633.82 |
| 52-Week Range | 420.78 - 673.88 |
| Beta | 0.97 |
| Analysts | Buy |
| Price Target | 703.15 (+11.5%) |
| Est. Earnings Date | Dec 16, 2021 |
About ADBE
Adobe Inc. operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, teams, and enterprises to create, publish, promote, and monetize their digital content. Its flagship product is Creative Cloud, a subscription service that allows customer to download and access the latest versions of its creative products. This segment serves content creators, experience designers, app developers, enthusiasts, students, social media users, and creative professionals; and marketing dep...
Financial Performance
In 2020, Adobe's revenue was $12.87 billion, an increase of 15.19% compared to the previous year's $11.17 billion. Earnings were $5.26 billion, an increase of 78.24%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for Adobe stock is "Buy." The 12-month stock price forecast is 703.15, which is an increase of 11.46% from the latest price.
News
Adobe's Stock Fell After Earnings, What Is The Likelihood Of Rise?
Adobe's stock declined by 4.7% in the last twenty-one trading days. In comparison, the broader S&P500 index declined by 2.1% over the same period.
Adobe: Q3 Earnings Insights
Adobe(NASDAQ:ADBE) stock fell by 3.07% on Wednesday after the company reported its Q3 earnings results on Tuesday, September 21, 2021 at 04:05 PM. Here's what investors need to know about the announcement.
Cramer sees opportunity to buy Adobe after CEO's comments dented the stock
"Mad Money" host Jim Cramer said Wednesday that post-earnings comments from the CEO of Adobe should be welcomed by investors.
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Should you buy or sell Adobe shares? The stock fell despite posting solid Q3 results
On Wednesday, Adobe Inc. (NASDAQ:ADBE) shares edged lower more than 3% despite announcing better than expected fiscal Q3 results. The company reported its most recent quarterly results on Tuesday after ...
Adobe (ADBE) Q3 Earnings & Revenues Beat Estimates, Rise Y/Y
Adobe's (ADBE) fiscal third-quarter results benefit from the solid performance of Creative Cloud, Document Cloud and Experience Cloud.
Wall Street Remains Divided On Adobe Post Q3 Beat
Adobe Inc's (NASDAQ:ADBE) Q3 results saw a mixed response from Wall Street as the analysts remained cautious over the annual recurring revenue prospects. The analysts reiterated their ratings, and their...
Stitch Fix surges after earnings beat, FedEx's warning, Adobe growth slows
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When Jim Cramer says to buy Adobe shares
CNBC's "Squawk on the Street" team discusses Adobe's stock performance.
Why Jefferies Sees 18% Upside In Adobe?
Jefferies analyst Brent Thill raised the price target on Adobe Inc (NASDAQ:ADBE) to $760 from $750, implying a 17.7% upside, and reiterated a Buy, post Q3 results. Adobe reported a "solid beat" for Q3,...
Adobe's Digital Subscription Revenue up 29% to $864M in Q3
Adobe saw digital subscription revenue up 29 percent, now totaling $864 million as of the third quarter, a company earnings report says. The company, based in San Jose, California, saw 23 percent year-o...
Adobe CEO explains how the software firm approaches partnerships with large firms
Adobe Chairman, President and CEO Shantanu Narayen joined CNBC's Jim Cramer on Tuesday's edition of "Mad Money," discussing how the company scores partnerships with large companies.
Adobe Systems (ADBE) Q3 Earnings and Revenues Top Estimates
Adobe (ADBE) delivered earnings and revenue surprises of 3.67% and 1.41%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?
FedEx Posts Mixed Q1; Adobe, StitchFix Beat
While FedEx (FDX) missed on earnings, Adobe (ADBE) and StitchFix (SFIX) outperformed expectations.
These 2 Earnings Reports Could Smack the Stock Market on Wednesday
Bad news from a couple of companies are moving share price after hours.
Adobe shares are trading lower after-hours: here's why
Adobe Inc (NASDAQ: ADBE) reported its financial results for the third quarter on Tuesday that beat Wall Street estimates. Shares of the company, however, fell about 4.0% in after-hours trading as invest...
Adobe Reports Record Revenue
SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq:ADBE) today reported financial results for its third quarter fiscal year 2021 ended Sept. 3, 2021. Third Quarter Fiscal Year 2021 Financial Highlights Ad...
Earnings Preview: What To Expect From Adobe Today
Adobe Inc. is scheduled to report earnings after Tuesday's close. Here's a closer look.
Why Adobe (ADBE) is Poised to Beat Earnings Estimates Again
Adobe (ADBE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Adobe (ADBE) to Report Q3 Earnings: What's in the Offing?
Adobe's (ADBE) third-quarter fiscal 2021 results are likely to benefit from solid momentum across the Digital Media and Digital Experience segments.
Why This 1 Computer and Technology Stock Could Be a Great Addition to Your Portfolio
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Adobe Inc Ranked Among Today's Top Buys As COVID-19 Concerns Continue To Circle
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Adobe (ADBE) Boosts Reach to Merchants With Payment Facility
Adobe (ADBE) gears up to integrate payment services into the Adobe Commerce platform in a bid to deliver enhanced digital commerce experience to merchants.