Adobe Inc. (ADBE)

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...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Aug 20, 1986
• Employees: 29,239
• Stock Exchange: NASDAQ
• Ticker Symbol: ADBE

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%.

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