Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Adobe (IT:1ADBE)
MILAN:1ADBE
Holding IT:1ADBE?
Track your performance easily
1ADBE Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€400.00 - €588.00
Previous Close€498.1
Volume0.00
Average Volume (3M)19.00
Market Cap
€220.88B
Enterprise Value€219.10B
Total Cash (Recent Filing)$8.06B
Total Debt (Recent Filing)$6.09B
Price to Earnings (P/E)―
BetaN/A
Next Earnings
Sep 12, 2024EPS Estimate
€4.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding443,400,000
10 Day Avg. Volume31
30 Day Avg. Volume19
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)222.67
Price to Sales (P/S)12.10
Price to Cash Flow (P/CF)31.90
P/FCF Ratio32.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.73
Enterprise Value/Gross Profit12.85
Enterprise Value/Ebitda40.06
Forecast
1Y Price Target
€545.99Price Target Upside9.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Adobe News
PremiumStock Analysis & Ideas
Adobe Stock Is Fairly Valued for Long-Term Investors
PremiumCompany Announcements
Adobe Appoints Jillian Forusz as Principal Accounting Officer
PremiumCompany Announcements
Adobe SVP Mark Garfield Resigns to Pursue New OpportunityBulls 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.
Generative AIAdobe's approach to Generative AI creates a moat around the business that would be very difficult for competitors to breach.
Market PositionAdobe is a leading creativity and document SaaS platform, with over 80% share of the global graphic processing software market.
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.
Enterprise SpendingAn economic slowdown may lead to a reduction in enterprise spending on Adobe's products.
Financial PerformanceInvestor sentiment on ADBE remains negative due to generally disappointing net new Creative ARR results over the past few quarters.
---
Ownership Overview
3.31% Insiders
23.68% Mutual Funds
47.73% Other Institutional Investors
25.28% 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
1ADBE FAQ
What was Adobe’s price range in the past 12 months?
Adobe lowest stock price was €400.00 and its highest was €588.00 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 18 days.
How were Adobe’s earnings last quarter?
Adobe released its earnings results on Jun 13, 2024. The company reported €4.028 earnings per share for the quarter, beating the consensus estimate of €3.947 by €0.081.
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 €4.07.
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 €4.028 in its last earnings report, beating expectations of €3.947. Following the earnings report the stock price went up 15.318%.
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.
---
Adobe Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€545.99 (9.62% Upside)
€545.99 (9.62% Upside)
Blogger Sentiment
Bullish
IT:1ADBE Sentiment 77%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $17.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
5.19%
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.
---
1ADBE Company Deck
---
1ADBE Earnings Call
Q2 2024
0:00 / 0:00
---
1ADBE Revenue Breakdown
94.20% Subscription
3.43% Services and other
2.37% Product
---
1ADBE Stock 12 Month Forecast
Average Price Target
€545.99
▲(9.62% Upside)
Technical Analysis
Best Analysts Covering 1ADBE
1 Year
1 Year Success Rate
15/18 ratings generated profit
1 Year Average Return
+17.54%
reiterated a buy rating 11 days ago
Copying Mark Moerdler's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +17.54% per trade.
---