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Adobe (ADBE)
NASDAQ:ADBE
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ADBE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$433.97 - $638.25
Previous Close$499.5
Volume2.00M
Average Volume (3M)2.88M
Market Cap
$219.93B
Enterprise Value$218.49B
Total Cash (Recent Filing)$7.51B
Total Debt (Recent Filing)$6.08B
Price to Earnings (P/E)42.2
Beta1.25
Next Earnings
Dec 11, 2024EPS Estimate
$4.67Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.84
Shares Outstanding440,200,000
10 Day Avg. Volume3,040,849
30 Day Avg. Volume2,876,702
Standard Deviation0.10
R-Squared0.43
Alpha-0.00106
Financial Highlights & Ratios
Price to Book (P/B)15.12
Price to Sales (P/S)10.50
Price to Cash Flow (P/CF)27.20
P/FCF Ratio28.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.43
Enterprise Value/Gross Profit12.81
Enterprise Value/Ebitda28.10
Forecast
1Y Price Target
$624.07Price Target Upside23.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering30
Adobe News
Bulls Say, Bears Say
Bulls Say
Generative AI AdoptionAdobe's focus on the proliferation of Generative AI adoption over monetization presents an attractive risk/reward scenario for future growth.
Market Position And ValuationAdobe's valuation is considered attractive, supporting the analyst's Outperform rating and making it a top pick.
Product Innovation And IntegrationThe launch of Firefly features directly within Premiere Pro is expected to drive further consolidation onto Adobe’s platform.
Bears Say
Competitive ConcernsRising competition from startups like Midjourney and OpenAI's DALL-E could also provide headwinds to Adobe's growth.
Guidance And RevenueAdobe expects total revenue to grow 9% YoY to US$5.5bn, missing consensus and estimates for 11% YoY growth.
Investor ConcernsThe elimination of quarterly ARR guidance, in favor of annual guidance, is typically viewed as negative from an investor consideration perspective.
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Ownership Overview
0.15% Insiders
20.53% Mutual Funds
20.80% Other Institutional Investors
32.63% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
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 $433.97 and its highest was $638.25 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 11, 2024 which is in 19 days.
How were Adobe’s earnings last quarter?
Adobe released its earnings results on Sep 12, 2024. The company reported $4.65 earnings per share for the quarter, beating the consensus estimate of $4.532 by $0.118.
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 $4.67.
How many shares outstanding does Adobe have?
Adobe has 440,200,000 shares outstanding.
What happened to Adobe’s price movement after its last earnings report?
Adobe reported an EPS of $4.65 in its last earnings report, beating expectations of $4.532. Following the earnings report the stock price went down -8.47%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$624.07 (23.72% Upside)
$624.07 (23.72% Upside)
Blogger Sentiment
Bullish
ADBE Sentiment 82%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 547.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $16.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.43%
12-Months-Change
Fundamentals
Return on Equity
35.35%
Trailing 12-Months
Asset Growth
2.54%
Trailing 12-Months
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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ADBE Earnings Call
Q3 2024
0:00 / 0:00
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ADBE Revenue Breakdown
94.20% Subscription
3.43% Services and other
2.37% Product
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ADBE Stock 12 Month Forecast
Average Price Target
$624.07
▲(23.72% Upside)
Technical Analysis
Best Analysts Covering ADBE
1 Year
1 Year Success Rate
27/36 ratings generated profit
1 Year Average Return
+23.90%
assigned a buy rating last month
Copying Derrick Wood's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +23.90% per trade.
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