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Adobe (ADBE)
NASDAQ:ADBE
Adobe (ADBE) Stock Price & Analysis
13,445 Followers
ADBE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$278.23 - $574.40
Previous Close$560.09
Volume2.59M
Average Volume (3M)2.75M
Market Cap
$255.01B
Enterprise Value$251.59B
Total Cash (Recent Filing)$7.52B
Total Debt (Recent Filing)$4.10B
Price to Earnings (P/E)50.4
Beta1.74
Next Earnings
Dec 13, 2023EPS Estimate
$4.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.11
Shares Outstanding455,300,000
10 Day Avg. Volume2,511,249
30 Day Avg. Volume2,746,946
Standard Deviation0.10
R-Squared0.57
Alpha0.00474
Financial Highlights & Ratios
Price to Book (P/B)138.12
Price to Sales (P/S)51.28
Price to Cash Flow (P/CF)33.40
P/FCF Ratio34.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.23
Enterprise Value/Gross Profit16.29
Enterprise Value/Ebitda33.24
Forecast
1Y Price Target
$602.45Price Target Upside7.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering28
Adobe News
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Product Insights
The estimated number of people who visited one or more of the websites owned by Adobe
Desktop Users
Mobile Users
ADBE FAQ
What was Adobe’s price range in the past 12 months?
Adobe lowest stock price was $278.23 and its highest was $574.40 in the past 12 months.
What is Adobe’s market cap?
Currently, no data Available
When is Adobe’s upcoming earnings report date?
Adobe’s upcoming earnings report date is Dec 13, 2023 which is in 56 days.
How were Adobe’s earnings last quarter?
Adobe released its earnings results on Sep 14, 2023. The company reported $4.09 earnings per share for the quarter, beating the consensus estimate of $3.979 by $0.111.
Is Adobe overvalued?
According to Wall Street analysts Adobe’s price is currently Undervalued.
Does Adobe pay dividends?
Adobe does not currently pay dividends.
What is Adobe’s EPS estimate?
Adobe’s EPS estimate is $4.13.
How many shares outstanding does Adobe have?
Adobe has 455,300,000 shares outstanding.
What happened to Adobe’s price movement after its last earnings report?
Adobe reported an EPS of $4.09 in its last earnings report, beating expectations of $3.979. Following the earnings report the stock price went down -4.214%.
Which hedge fund is a major shareholder of Adobe?
Among the largest hedge funds holding Adobe’s share is PRIMECAP Management Co. It holds Adobe’s shares valued at 3B.
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Adobe Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$602.45 (7.99% Upside)
$602.45 (7.99% Upside)
Blogger Sentiment
Bullish
ADBE Sentiment 87%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 1.1%
Last 30 Days ▲ 1.1%
News Sentiment
Very Positive
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
90.83%
12-Months-Change
Fundamentals
Return on Equity
33.97%
Trailing 12-Months
Asset Growth
8.77%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Adobe
Adobe, Inc. provides digital marketing and media solutions, with it operating through the following segments: Digital Media, Digital Experience, and Publishing. Its products and services include Adobe Photoshop, Adobe Illustrator, Adobe Acrobat, analytics solutions, digital experience management, products for eLearning solutions, technical document publishing, web application development, and high-end printing. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.
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Top 5 ETFs holding ADBE
Global X S&P 500 Covered Call ETF
$20.11M
iShares ESG Screened S&P 500 ETF
$1.20M
Global X S&P 500 Covered Call & Growth ETF
$420.84K
Global X S&P 500 ESG Covered Call ETF
$22.58K
Global X S&P 500 Tail Risk ETF
$17.35K
Up to five ETFs with an Outperform Smart Score that hold ADBE. The ETFs are listed according to market value of ADBE within the ETF
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