Adobe Inc. (ADBE)
|Net Income (ttm)||5.58B|
|Day's Range||627.02 - 633.82|
|52-Week Range||420.78 - 673.88|
|Price Target||703.15 (+11.5%)|
|Est. Earnings Date||Dec 16, 2021|
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... [Read more...]
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 Statements
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.
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(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.
Facebook, SoFi Technologies, Adobe Systems and Affirm Holdings were our top stock trades for Thursday. Now, let's get a look at the charts.
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's (ADBE) fiscal third-quarter results benefit from the solid performance of Creative Cloud, Document Cloud and Experience Cloud.
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
Yahoo Finance's Brian Sozzi and Emily McCormick break down the latest earnings from Stitch Fix, FedEx, and Adobe. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://...
When Jim Cramer says to buy Adobe shares
CNBC's "Squawk on the Street" team discusses Adobe's stock performance.
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 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 (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?
Bad news from a couple of companies are moving share price after hours.
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...
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...
Adobe Inc. is scheduled to report earnings after Tuesday's close. Here's a closer look.
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's (ADBE) third-quarter fiscal 2021 results are likely to benefit from solid momentum across the Digital Media and Digital Experience segments.
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Adobe (ADBE) gears up to integrate payment services into the Adobe Commerce platform in a bid to deliver enhanced digital commerce experience to merchants.