Adobe Inc. (ADBE)
| Market Cap | 137.13B |
| Revenue (ttm) | 17.19B |
| Net Income (ttm) | 4.81B |
| Shares Out | 464.90M |
| EPS (ttm) | 9.87 |
| PE Ratio | 29.89 |
| Forward PE | 17.83 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,641,057 |
| Open | 290.95 |
| Previous Close | 285.24 |
| Day's Range | 290.18 - 296.79 |
| 52-Week Range | 274.73 - 699.54 |
| Beta | 1.13 |
| Analysts | Buy |
| Price Target | 397.76 (+34.8%) |
| Earnings Date | Sep 15, 2022 |
About ADBE
Adobe Inc. 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 segment serves content creators, wo... [Read more...]
Financial Performance
In 2021, Adobe's revenue was $15.79 billion, an increase of 22.67% compared to the previous year's $12.87 billion. Earnings were $4.82 billion, a decrease of -8.33%.
Financial StatementsAnalyst Forecast
According to 41 analysts, the average rating for ADBE stock is "Buy." The 12-month stock price forecast is 397.76, which is an increase of 34.85% from the latest price.
News
Adobe to Host Financial Analyst Meeting at Adobe MAX
SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq:ADBE) will host a meeting with financial analysts and investors on Tuesday, Oct. 18, 2022 at Adobe MAX in Los Angeles, CA. Adobe's executive team will pr...
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The maximum potential gain may hit around $550, if ADBE closes right at 260 on Oct. 21. The post Adobe Stock Today: Why This Bearish Put Spread Could Gain $550 appeared first on Investor's Business Daily.
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