Adobe Inc. (ADBE)

NASDAQ: ADBE · IEX Real-Time Price · USD
608.78
+13.08 (2.20%)
At close: Dec 7, 2023, 4:00 PM
608.85
+0.07 (0.01%)
After-hours: Dec 7, 2023, 7:08 PM EST
2.20%
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]

Sector Technology
IPO Date Aug 20, 1986
Employees 29,239
Stock Exchange NASDAQ
Ticker Symbol ADBE
Full Company Profile

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 Statements

Analyst 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.

Price Target
$583.85
(-4.10% downside)
Analyst Consensus: Buy
Stock Forecasts

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...

3 hours ago - PRNewsWire

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 ...

1 day ago - MarketBeat

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...

2 days ago - PRNewsWire

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.

Other symbols: AMTAXPNEE
2 days ago - CNBC Television

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...

2 days ago - PRNewsWire

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...

3 days ago - Business Wire

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.

3 days ago - Business Wire

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...

3 days ago - Accesswire

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...

3 days ago - PRNewsWire

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...

4 days ago - Accesswire

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...

6 days ago - Accesswire

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.

7 days ago - Business Wire

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-...

7 days ago - PRNewsWire

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...

7 days ago - Accesswire

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...

9 days ago - PRNewsWire

Stock Picks That Billionaires Love

Billionaire investors are scooping up mega-cap tech stocks amid the sector's red-hot rally.

Other symbols: AMZNGOOGGOOGLMETAMSFT
9 days ago - Kiplinger

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...

9 days ago - Invezz

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.

9 days ago - CNBC

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.

9 days ago - Barrons

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 ...

9 days ago - Market Watch

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...

9 days ago - Accesswire

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...

10 days ago - PRNewsWire

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 ...

10 days ago - MarketBeat

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...

10 days ago - PRNewsWire

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...

13 days ago - Accesswire