Adobe Inc. (ADBE)
| Market Cap | 258.72B |
| Revenue (ttm) | 13.68B |
| Net Income (ttm) | 5.57B |
| Shares Out | 479.00M |
| EPS (ttm) | 11.49 |
| PE Ratio | 47.12 |
| Forward PE | 46.30 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | June 11 |
| Last Price | $541.26 |
| Previous Close | $535.52 |
| Change ($) | 5.74 |
| Change (%) | 1.07% |
| Day's Open | 529.75 |
| Day's Range | 529.75 - 541.85 |
| Day's Volume | 2,871,289 |
| 52-Week Range | 397.00 - 541.85 |
Let's quickly look at Adobe to see if investors might want to consider buying the tech giant before its Q2 earnings release.
In the latest trading session, Adobe Systems (ADBE) closed at $514.68, marking a +1.08% move from the previous day.
SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq:ADBE) today announced it will webcast its second quarter fiscal year 2021 earnings conference call to be held on Thursday, June 17, 2021. What: Adobe Sec...
Holding on to popular or trending stocks for the long-term can make your portfolio a winner.
Adobe (ADBE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Adobe Systems (ADBE) closed the most recent trading day at $495.77, moving -0.03% from the previous trading session.
SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq:ADBE) today announced the appointment of David Wadhwani as executive vice president and chief business officer, Digital Media. In this role, Wadhwani wil...
Nvidia (NVDA) stock rallied by almost 10% over the last week, after the company announced its first stock split in almost two decades. The stock is expected to trade on a split-adjusted basis from July 20.
Daniel Loeb (Trades, Portfolio)'s Third Point, LLC sold shares of the following stocks during the first quarter of 2021, which ended on March 31.
SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq:ADBE) today announced that it recently became aware of an unsolicited "mini-tender" offer by Tutanota LLC (“Tutanota”) to purchase up to one million shar...
This software titan has a big market opportunity and an impressive track record.
Large organizations with global reach rely on new technologies—ranging from cloud computing to robotic process automation—to make their operations and workflows smoother, faster and more efficient.
These two tech companies have slowly become rivals.
Adobe Systems (ADBE) closed at $505.08 in the latest trading session, marking a +1.46% move from the prior day.
PRIMECAP Management (Trades, Portfolio) sold shares of the following stocks during the first quarter of 2021, which ended on March 31.
Frank Sands (Trades, Portfolio)' Sands Capital Management sold shares of the following stocks during the first quarter of 2021, which ended on March 31.
Adobe Inc (NASDAQ: ADBE) appears poised to benefit from rising demand from accelerating digital transformation, according to Mizuho Securities. The Adobe Analyst: Gregg Moskowitz initiated coverage of A...
Efforts to automate workflow and digitize customer-end functions call for investing in software stocks like Adobe (ADBE), PTC, SAP, Progress Software (PRGS) and Cadence Design Systems (CDNS)
U.S. stocks ended mostly lower on Friday, pressured by technology and consumer discretionary shares. Investors are selling tech-related companies amid concerns about the rising interest rate, and accord...
Two strong, safe large-cap technology stocks to buy at discounts since tech is set to dominate our lives and the market, despite the return of the cyclical trade that kicked into gear after the election.
Microsoft and two other cloud kings are still great long-term buys.
After technology, and specifically software, outperformed in a big way in 2020, the tables are finally starting to turn.
In the latest trading session, Adobe Systems (ADBE) closed at $482.74, marking a -0.79% move from the previous day.
Chuck Akre (Trades, Portfolio)'s Akre Capital Management has disclosed its portfolio for the first quarter of 2021. The top trades include reductions in Markel Corp. ( MKL , Financial), O'Reilly Automot...
Insider CEO Henry Blodget on which Big Tech stocks' valuations are justified
Henry Blodget, co-founder and CEO of Insider, joined "Squawk Box" on Friday to discuss the state of the tech sector and which stocks he thinks are the safer investments.
Social media analytics is becoming an essential part of business decisions and marketing strategies, making it wise to look at names like Adobe (ADBE), SAP (SAP), salesforce (CRM) and Oracle (ORCL)
Software is long into its migration from CDs and disks into the cloud. But this maturing industry continues to grow.
Cloud software is hear to stay post-pandemic, says Bessemer's Deeter
Byron Deeter of Bessemer Venture Partners joins "TechCheck" to discuss SaaS stocks and why he's still bullish on the sector.
Adobe Systems (ADBE) closed the most recent trading day at $485.19, moving +1.21% from the previous trading session.
SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq:ADBE) today announced its upcoming participation in the following investor event: Morgan Stanley Life After Covid: 2021 Thematic Conference Tuesday, May ...
These burgeoning technologies could see major adoption over the next decade.
ADBE's stock grew from $175 at the end of Dec 2017 to $491 now, compared to the S&P 500 which gained 55% since the end of 2017.
Organizations are quickly adopting SaaS owing to its low-cost and time-saving benefits, making it wise to look at names like Alphabet (GOOGL), Microsoft (MSFT), Adobe (ADBE) and DocuSign (DOCU).
Investing in companies with strong advantages is a good way to beat the market.
Clearly, hiring could rebound in May, but let's dive into three technology stocks that aren't banking on a swift economic recovery following the disappointing jobs data.
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.
Is (ADBE) Outperforming Other Computer and Technology Stocks This Year?
3 Software Stocks to Buy in a Challenging Industry
In the latest trading session, Adobe Systems (ADBE) closed at $486.69, marking a -0.82% move from the previous day.
This is a battle of digital content versus digital commerce.
In the latest trading session, Adobe Systems (ADBE) closed at $515.48, marking a -0.36% move from the previous day.
Adobe Systems looks like a rewarding long-term investment.
Demand for cloud infrastructure and services continues to surge, putting the focus on Microsoft (MSFT), Hewlett Packard (HPE), Cisco Systems (CSCO), Adobe (ADBE) and Dell (DELL)
Adobe CEO Shantanu Narayen on FedEx partnership and data privacy
Adobe CEO Shantanu Narayen joins 'Tech Check' to discuss the company's summit and the new partnership with FedEx to offer free two-day shipping.
UPS earnings benefited from vaccine rollouts and smaller businesses capitalizing on the online shopping boom. UPS stock soared while FedEx rallied.
Digital marketing and analytics software maker Adobe announced Tuesday that ServiceNow has signed up to use its Adobe Experience Platform. ADBE stock rose on the news Tuesday.
FedEx is going beyond the last mile and diving deeper into eCommerce, as on Tuesday (April 27) it announced a new partnership with Adobe Commerce. Adobe will be integrated into ShopRunner, which FedEx a...
About ADBE
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...]
| Industry Software-Infrastructure | Founded 1982 |
| CEO Shantanu Narayen | Employees 22,516 |
| Stock Exchange NASDAQ | Ticker Symbol ADBE |
Financial Performance
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%.
Analyst Forecasts
According to 26 analysts, the average rating for Adobe stock is "Buy." The 12-month stock price forecast is 570.53, which is an increase of 5.41% from the latest price.