Adobe Inc. (ADBE)
|Net Income (ttm)||4.81B|
|Day's Range||290.18 - 296.79|
|52-Week Range||274.73 - 699.54|
|Price Target||397.76 (+34.8%)|
|Earnings Date||Sep 15, 2022|
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...]
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 Statements
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.
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...
The pain isn't over yet for tech, says Jefferies' Thill
Brent Thill, Jefferies managing director and senior technology analyst, joins 'Power Lunch' to discuss what investors should do with the technology sector, why Thill likes the companies he does and more.
Let's explore two great large-cap technology stocks for investors to consider buying in October at levels that might look like bargains in the not-too-distant future.
Buying Figma for $20 billion has shaken investors' confidence.
The days of paying nearly any price for hypergrowth companies are probably over. Technology companies are among the hardest hit, with the macro environment being generally unfavorable to most companies.
In a bid for the TikTok, YouTube Shorts and Instagram Reels crowd, Adobe today announced updates to Photoshop Elements and Premiere Elements — its lightweight photo and video editing software bundle — t...
Adobe stock has been suffering since they announced the Figma acquisition earlier this month, in spite of reaching record revenue figures for the third quarter. Let's take a closer look at how this crea...
Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.
Penpot, a 2-year-old open-source project, is getting new deployments after larger rival Figma agreed to be bought by software giant Adobe.
These three tech stocks have room to grow and continue to enjoy strong tailwinds.
Of course, price action in the market throughout 2022 has been disappointing, but insiders of Fiserv, Caterpillar, and Adobe have all been busy scooping up shares.
TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Caterpillar & Salesforce.
The software giant paying vastly over the odds for a small but strategically threatening company should alarm US regulators
The cloud software giant faces tough near-term challenges.
Follow the cash.
Exchange-traded fund (ETF) manager Cathie Wood made headlines this week after she announced that she would cede control of her role as portfolio manager for the 3D Printing ETF (BATS: PRNT ) and the ARK...
Adobe's stock (NASDAQ: ADBE) dropped 22.9% in the last week, significantly underperforming the S&P 500 (down 4%).
Adobe is paying a massive premium for a company that says it's not even a competitor. Savvy move into a new market, or overpayment on an overreaction?
Relative to the fundamentals, software valuations are cheap, says MoffettNathanson's Auty
Sterling Auty, MoffettNathanson, joins 'TechCheck' to discuss where he is on tech valuations, the names that Auty has initiated coverage on and Adobe's decision to acquire Figma.
Q3 estimates have been cut for 14 of the 16 Zacks sectors since the quarter got underway, with the biggest declines at the Consumer Discretionary, Consumer Staples, Technology, Retail and Conglomerates ...
Adobe Stock Plummets On Acquisition News; Play The Downside Using Diagonal Spreads | IBD
Adobe stock fell over 17% last week after announcing its acquisition of Figma for $20 billion. Using a bearish diagonal spread, investors can bet on the downside in ADBE stock.
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.
Don't let the bear market scare you into thinking these solid companies have become bad investments.