Adobe/ADBE

$483.43

0.07%
-
1D1W1MYTD1YMAX

About Adobe

Adobe Inc. is a global technology company. The Company's products, services and solutions are used around the world to imagine, create, manage, deliver, measure, optimize and engage with content across surfaces and fuel digital experiences. Its segments include digital media, digital experience, and publishing and advertising. The digital media segment is centered around Adobe Creative Cloud and Adobe Document Cloud, which include Adobe Express, Adobe Firefly, Photoshop and other products, offering a variety of tools for creative professionals, communicators and other consumers. The digital experience segment provides an integrated platform and set of products, services and solutions through Adobe Experience Cloud. The publishing and advertising segment contains legacy products and services. In addition, its Adobe GenStudio solution allows businesses to simplify their content supply chain process with generative artificial intelligence (AI) capabilities and intelligent automation.

Ticker

ADBE

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

Shantanu Narayen

Employees

29,945

Headquarters

San jose, United States

Adobe Metrics

BasicAdvanced
$217B
Market cap
46.18
P/E ratio
$10.47
EPS
1.29
Beta
-
Dividend rate
$217B
1.28507
$638.25
$361.36
3.7M
1.049
13.829
23.512
39.686
92.95%
17.33%
32.37%
24.98%
46.175
10.864
14.165
131.578
33.386
10.76%
3.22%
14.68%
2.93%

What the Analysts think about Adobe

Analyst Ratings

Majority rating from 38 analysts.
Buy

Price Targets

Average projection from 32 analysts.
28.64% upside
High $732.52
Low $445.00
$483.43
Current price
$621.87
Average price target

Adobe Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
11.96% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$5.2B
2.65%
Net income
$620M
-58.19%
Profit margin
11.96%
-59.28%

Adobe Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.3%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$3.91
$4.09
$4.27
$4.48
-
Expected
$3.79
$3.98
$4.14
$4.38
$4.39
Surprise
3.25%
2.79%
3.21%
2.3%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Adobe stock?

Adobe (ADBE) has a market cap of $217B as of May 20, 2024.

What is the P/E ratio for Adobe stock?

The price to earnings (P/E) ratio for Adobe (ADBE) stock is 46.18 as of May 20, 2024.

Does Adobe stock pay dividends?

No, Adobe (ADBE) stock does not pay dividends to its shareholders as of May 20, 2024.

When is the next Adobe dividend payment date?

Adobe (ADBE) stock does not pay dividends to its shareholders.

What is the beta indicator for Adobe?

Adobe (ADBE) has a beta rating of 1.29. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Adobe stock price target?

The target price for Adobe (ADBE) stock is $621.87, which is 28.64% above the current price of $483.43. This is an average based on projections from 32 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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