Adobe Inc. (ADBE)

Market Cap	217.07B
Revenue (ttm)	20.95B
Net Income (ttm)	5.36B
Shares Out	440.20M
EPS (ttm)	11.81
PE Ratio	41.74
Forward PE	24.82
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,356,452
Open	496.43
Previous Close	497.71
Day's Range	488.51 - 497.31
52-Week Range	433.97 - 638.25
Beta	1.29
Analysts	Buy
Price Target	605.96 (+22.89%)
Earnings Date	Dec 11, 2024

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: 29,945
• Stock Exchange: NASDAQ
• Ticker Symbol: ADBE
• Website: https://www.adobe.com

Financial Performance

In 2023, Adobe's revenue was $19.41 billion, an increase of 10.24% compared to the previous year's $17.61 billion. Earnings were $5.43 billion, an increase of 14.13%.

Analyst Forecast

According to 27 analysts, the average rating for ADBE stock is "Buy." The 12-month stock price forecast is $605.96, which is an increase of 22.89% from the latest price.

Price Target

$605.96

(22.89% upside)

Analyst Consensus: Buy