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Adobe (GB:0R2Y)
LSE:0R2Y
Holding GB:0R2Y?
Track your performance easily
0R2Y Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$434.00 - $638.26
Previous Close$524.33
Volume2.42K
Average Volume (3M)14.31K
Market Cap
$232.37B
Enterprise Value$230.94B
Total Cash (Recent Filing)$7.51B
Total Debt (Recent Filing)$6.08B
Price to Earnings (P/E)44.3
Beta0.16
Next Earnings
Dec 12, 2024EPS Estimate
$4.66Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.84
Shares Outstanding443,400,000
10 Day Avg. Volume11,156
30 Day Avg. Volume14,310
Standard Deviation0.10
R-Squared0.04
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)15.85
Price to Sales (P/S)11.37
Price to Cash Flow (P/CF)29.90
P/FCF Ratio30.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.02
Enterprise Value/Gross Profit13.54
Enterprise Value/Ebitda29.90
Forecast
1Y Price Target
$622.18Price Target Upside20.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering30
Adobe News
Bulls Say, Bears Say
Bulls Say
AI And TechnologyDocument Cloud revenue was up 18% YoY to US$807mn in 3QFY24, driven by solid usage & MAU growth and the strength in monetization of its AI Assistant.
EarningsAdobe’s total revenue rose 11% YoY to US$5.4bn, which came 1% ahead of the top end of company guidance.
Product InnovationCreative Cloud revenue grew by 10% YoY to US$3.2bn in 3QFY24, mainly thanks to the better integration of Firefly throughout Creative Cloud offerings and the expansion of user reach via Adobe Express.
Bears Say
CompetitionRising competition from startups like Midjourney and OpenAI's DALL-E could also provide headwinds to Adobe's growth.
Financial Guidance4Q guidance missed on all metrics: 4Q DM NNARR of $550M at the mid-point is below Citi/Street at ~$572B, and total revenue guidance of ~$5.53B.
Revenue GrowthAdobe expects total revenue to grow 9% YoY to US$5.5bn, missing consensus and our estimates for 11% YoY growth.
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Ownership Overview
3.31% Insiders
23.31% Mutual Funds
47.58% Other Institutional Investors
25.80% 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
0R2Y FAQ
What was Adobe’s price range in the past 12 months?
Adobe lowest share price was $434.00 and its highest was $638.26 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 12, 2024 which is in 77 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 $4.66.
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 $4.65 in its last earnings report, beating expectations of $4.532. Following the earnings report the stock price went down -8.201%.
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:
$622.18 (20.35% Upside)
$622.18 (20.35% Upside)
Blogger Sentiment
Bullish
GB:0R2Y Sentiment 77%
Sector Average 66%
Sector Average 66%
Insider Transactions
Sold Shares
Worth $17.0M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.23%
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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0R2Y Earnings Call
Q3 2024
0:00 / 0:00
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0R2Y Revenue Breakdown
94.20% Subscription
3.43% Services and other
2.37% Product
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0R2Y Stock 12 Month Forecast
Average Price Target
$622.18
▲(20.35% Upside)
Technical Analysis
Best Analysts Covering 0R2Y
1 Year
1 Year Success Rate
24/31 ratings generated profit
1 Year Average Return
+20.38%
reiterated a buy rating 21 days ago
Copying Brad Zelnick's trades and holding each position for 1 Year would result in 77.42% of your transactions generating a profit, with an average return of +20.38% per trade.
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