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Adobe (DE:ADB)
XETRA:ADB
Adobe (ADB) Stock Price & Analysis
59 Followers
ADB Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€401.40 - €591.80
Previous Close€493.25
Volume14.00
Average Volume (3M)1.76K
Market Cap
€214.42B
Enterprise Value€215.43B
Total Cash (Recent Filing)$8.06B
Total Debt (Recent Filing)$6.09B
Price to Earnings (P/E)47.9
Beta0.77
Next Earnings
Sep 12, 2024EPS Estimate
€4.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)10.30
Shares Outstanding448,000,000
10 Day Avg. Volume4,158
30 Day Avg. Volume1,758
Standard Deviation0.09
R-Squared0.06
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)145.19
Price to Sales (P/S)42.77
Price to Cash Flow (P/CF)50.90
P/FCF Ratio51.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.55
Enterprise Value/Gross Profit12.63
Enterprise Value/Ebitda39.39
Forecast
1Y Price Target
€564.05Price Target Upside15.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Adobe News
PremiumStock Analysis & Ideas
Adobe Stock (NASDAQ:ADBE): Q2 Results Crush Market Concerns
PremiumCompany Announcements
Adobe SVP Mark Garfield Resigns to Pursue New Opportunity
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAdobe has a strong financial profile with the highest FCF margin and revenue CAGR compared to other SaaS platforms at a similar or larger market cap.
Market GrowthAdobe’s total addressable market is expected to record a compound annual growth rate of 13% over the next few years and reach US$293 billion, suggesting a long growth runway for Adobe in the long term.
Market OpportunitiesAdobe is well-positioned to benefit from the Generative AI opportunities, which will help user base expansion, retention improvement, free-to-paid conversion, and potential price uplift.
Bears Say
CompetitionThe company faces tough competition across its markets by startups like Canva and OpenAI's DALL-E, which could provide headwinds to Adobe’s growth.
Financial PerformanceCreative Cloud net new ARR declined by 9% y/y versus 6% y/y in the prior quarter, which were both impacted by previous pricing actions.
Investor SentimentShares have stumbled as investors digest lighter-than-expected results and less evidence of AI contribution than expected.
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Ownership Overview
3.31% Insiders
23.83% Mutual Funds
27.95% Other Institutional Investors
44.90% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Adobe
Desktop Users
Mobile Users
ADB FAQ
What was Adobe’s price range in the past 12 months?
Adobe lowest stock price was €401.40 and its highest was €591.80 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 Sep 12, 2024 which is in 49 days.
How were Adobe’s earnings last quarter?
Adobe released its earnings results on Jun 13, 2024. The company reported €4.113 earnings per share for the quarter, beating the consensus estimate of €4.03 by €0.083.
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 €4.16.
How many shares outstanding does Adobe have?
Adobe has 443,400,000 shares outstanding.
What happened to Adobe’s price movement after its last earnings report?
Adobe reported an EPS of €4.113 in its last earnings report, beating expectations of €4.03. Following the earnings report the stock price went up 15.056%.
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:
€564.05 (15.82% Upside)
€564.05 (15.82% Upside)
Blogger Sentiment
Bullish
DE:ADB Sentiment 77%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $17.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.37%
12-Months-Change
Fundamentals
Return on Equity
34.22%
Trailing 12-Months
Asset Growth
7.79%
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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ADB Company Deck
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ADB Earnings Call
Q2 2024
0:00 / 0:00
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ADB Revenue Breakdown
94.20% Subscription
3.43% Services and other
2.37% Product
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ADB Stock 12 Month Forecast
Average Price Target
€564.05
▲(15.82% Upside)
Technical Analysis
Best Analysts Covering ADB
1 Year
1 Year Success Rate
28/35 ratings generated profit
1 Year Average Return
+20.09%
reiterated a buy rating last month
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