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Adobe (ADBE)
NASDAQ:ADBE
Adobe (ADBE) Stock Price & Analysis
12,673 Followers
ADBE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$274.73 - $451.15
Previous Close$415.39
Volume7.83M
Average Volume (3M)3.18M
Market Cap
$190.54B
Enterprise Value$189.01B
Total Cash (Recent Filing)$5.65B
Total Debt (Recent Filing)$4.13B
Price to Earnings (P/E)40.9
Beta1.71
Next Earnings
Jun 15, 2023EPS Estimate
$3.79Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)10.15
Shares Outstanding458,700,000
10 Day Avg. Volume3,929,219
30 Day Avg. Volume3,181,297
Standard Deviation0.09
R-Squared0.56
Alpha0.00153
Financial Highlights & Ratios
Price to Book (P/B)2796.24
Price to Sales (P/S)40.93
Price to Cash Flow (P/CF)24.80
P/FCF Ratio24.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.35
Enterprise Value/Gross Profit12.24
Enterprise Value/Ebitda26.46
Forecast
1Y Price Target
$398.21Price Target Upside-4.14% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Adobe News
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Product Monthly Users
Number of people who visit Adobe websites
Desktop Users
Mobile Users
ADBE FAQ
What was Adobe’s price range in the past 12 months?
Adobe lowest stock price was $274.73 and its highest was $451.15 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 Jun 15, 2023 which is in 19 days.
How were Adobe’s earnings last quarter?
Adobe released its earnings results on Mar 15, 2023. The company reported $3.8 earnings per share for the quarter, beating the consensus estimate of $3.68 by $0.12.
Is Adobe overvalued?
According to Wall Street analysts Adobe’s price is currently Overvalued.
Does Adobe pay dividends?
Adobe does not currently pay dividends.
What is Adobe’s EPS estimate?
Adobe’s EPS estimate is $3.79.
How many shares outstanding does Adobe have?
Adobe has 458,700,000 shares outstanding.
What happened to Adobe’s price movement after its last earnings report?
Adobe reported an EPS of $3.8 in its last earnings report, beating expectations of $3.68. Following the earnings report the stock price went up 5.899%.
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 2B.
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Adobe Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$398.21 (-4.14% Downside)
$398.21 (-4.14% Downside)
Blogger Sentiment
Bullish
ADBE Sentiment 86%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 72.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days >0.1%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Neutral
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.66%
12-Months-Change
Fundamentals
Return on Equity
33.86%
Trailing 12-Months
Asset Growth
2.66%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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Top 5 ETFs holding ADBE
Invesco QQQ Trust
$2.20B
SPDR S&P 500 ETF Trust
$1.89B
SPDR S&P 500 ETF Trust CDI
$1.89B
iShares Core S&P 500 ETF
$1.49B
Vanguard Growth ETF
$1.47B
Up to five ETFs with an Outperform Smart Score that hold ADBE. The ETFs are listed according to market value of ADBE within the ETF
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