NASDAQ:ADBE - Adobe Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Adobe Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $303.74 -0.43 (-0.14 %) (As of 12/11/2019 04:00 PM ET) Add Compare Today's Range$301.48Now: $303.74▼$305.3850-Day Range$260.05MA: $292.44▼$309.5352-Week Range$204.95Now: $303.74▼$313.11Volume2.93 million shsAverage Volume2.67 million shsMarket Capitalization$147.03 billionP/E Ratio54.73Dividend YieldN/ABeta1.11 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Adobe Inc operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. Its flagship product is Creative Cloud, a subscription service that allows customer to download and access the latest versions of its creative products. Read More… Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryApplication Software SectorComputer and Technology Current SymbolNASDAQ:ADBE Previous Symbol CUSIP00724F10 CIK796343 Webhttp://www.adobe.com/ Phone408-536-6000Debt Debt-to-Equity Ratio0.10 Current Ratio0.74 Quick Ratio0.74Price-To-Earnings Trailing P/E Ratio54.73 Forward P/E Ratio47.53 P/E Growth2.34 Sales & Book Value Annual Sales$9.03 billion Price / Sales16.28 Cash Flow$6.31 per share Price / Cash Flow48.12 Book Value$19.18 per share Price / Book15.84Profitability EPS (Most Recent Fiscal Year)$5.55 Net Income$2.59 billion Net Margins26.10% Return on Equity30.49% Return on Assets15.40%Miscellaneous Employees21,357 Outstanding Shares484,079,000Market Cap$147.03 billion Next Earnings Date12/12/2019 (Confirmed) OptionableOptionable Receive ADBE News and Ratings via Email Sign-up to receive the latest news and ratings for ADBE and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:ADBE Rates by TradingView Adobe (NASDAQ:ADBE) Frequently Asked Questions What is Adobe's stock symbol? Adobe trades on the NASDAQ under the ticker symbol "ADBE." How will Adobe's stock buyback program work? Adobe announced that its board has approved a share buyback plan on Monday, May 21st 2018, which permits the company to buyback $8,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its stock is undervalued. How were Adobe's earnings last quarter? Adobe Inc (NASDAQ:ADBE) released its earnings results on Tuesday, September, 17th. The software company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.97 by $0.08. The software company earned $2.83 billion during the quarter, compared to the consensus estimate of $2.82 billion. Adobe had a net margin of 26.10% and a return on equity of 30.49%. Adobe's quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.73 EPS. View Adobe's Earnings History. When is Adobe's next earnings date? Adobe is scheduled to release their next quarterly earnings announcement on Thursday, December 12th 2019. View Earnings Estimates for Adobe. How can I listen to Adobe's earnings call? Adobe will be holding an earnings conference call on Thursday, December 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. What guidance has Adobe issued on next quarter's earnings? Adobe updated its fourth quarter earnings guidance on Tuesday, September, 17th. The company provided EPS guidance of $2.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.30. The company issued revenue guidance of $2.97 billion, compared to the consensus revenue estimate of $3.02 billion. What price target have analysts set for ADBE? 24 analysts have issued 12-month price targets for Adobe's stock. Their forecasts range from $250.00 to $350.00. On average, they anticipate Adobe's share price to reach $308.25 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Adobe. What is the consensus analysts' recommendation for Adobe? 24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adobe in the last year. There are currently 10 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Adobe. What are Wall Street analysts saying about Adobe stock? Here are some recent quotes from research analysts about Adobe stock: 1. According to Zacks Investment Research, "Adobe is riding on benefits from Magento and Marketo acquisitions and strong demand for its creative products. It has been making great efforts toward establishing its presence in cloud-related software areas such as documents and marketing. We remain optimistic about Adobe’s market position, compelling product lines, continued innovation, solid adoption of Creative Cloud and Adobe marketing cloud. Estimates have been stable lately ahead of the company’s Q2 earnings release. The company has mixed record of earnings surprises in recent quarters. However, lower end-market demand and exposure to Europe remain overhangs. High acquisition expenses do not bode well for its bottom line. Notably, the stock has underperformed the industry it belongs to over a year." (5/15/2019) 2. Rosenblatt Securities analysts commented, "We leave SUMMIT with more confidence in the Digital Experience business than before the event and would increase positions on any misperception of weakness from the 1Q19 results. Reiterate BUY and $280 PT." (3/29/2019) 3. Barclays PLC analysts commented, "We respond to each below, and remember that FY19 ARR is going up by $30M organically and we still see a favorable setup on FY20 margins as M&A impact dissipates. PT unchanged." (3/18/2019) Has Adobe been receiving favorable news coverage? Headlines about ADBE stock have been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Adobe earned a news impact score of -1.1 on InfoTrie's scale. They also assigned news headlines about the software company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Adobe. Are investors shorting Adobe? Adobe saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 7,350,000 shares, an increase of 15.7% from the September 30th total of 6,350,000 shares. Based on an average daily trading volume, of 2,780,000 shares, the short-interest ratio is presently 2.6 days. Approximately 1.5% of the company's stock are short sold. View Adobe's Current Options Chain. Who are some of Adobe's key competitors? Some companies that are related to Adobe include salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Guidewire Software (GWRE) and Aspen Technology (AZPN). What other stocks do shareholders of Adobe own? Based on aggregate information from My MarketBeat watchlists, some companies that other Adobe investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), salesforce.com (CRM), Micron Technology (MU), Paypal (PYPL), Visa (V), Mastercard (MA), Walt Disney (DIS) and Intel (INTC). Who are Adobe's key executives? Adobe's management team includes the folowing people: Mr. Shantanu Narayen, Chairman, Pres & CEO (Age 55)Dr. John E. Warnock, Co-Founder & Director (Age 78)Dr. Charles M. Geschke, Co-Founder & Director (Age 80)Mr. John F. Murphy, Exec. VP & CFO (Age 50)Mr. Bryan Lamkin, Exec. VP & Gen. Mang. of Digital Media (Age 58) Who are Adobe's major shareholders? Adobe's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.08%), Massachusetts Financial Services Co. MA (1.41%), Fisher Asset Management LLC (0.84%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), Parametric Portfolio Associates LLC (0.38%) and California Public Employees Retirement System (0.23%). Company insiders that own Adobe stock include Abhay Parasnis, Amy Banse, Ann Lewnes, Bradley Rencher, Charles M Geschke, Dana Rao, David A Ricks, Donna Morris, John E Warnock, Mark Garrett, Matthew Thompson, Michael A Dillon, Robert K Burgess and Shantanu Narayen. View Institutional Ownership Trends for Adobe. Which institutional investors are selling Adobe stock? ADBE stock was sold by a variety of institutional investors in the last quarter, including PointState Capital LP, Findlay Park Partners LLP, Man Group plc, Atalanta Sosnoff Capital LLC, Maverick Capital Ltd., CIBC Private Wealth Group LLC, Third Point LLC and Castleark Management LLC. Company insiders that have sold Adobe company stock in the last year include Ann Lewnes, Bradley Rencher, Charles M Geschke, Dana Rao, Donna Morris, John E Warnock, Matthew Thompson and Shantanu Narayen. View Insider Buying and Selling for Adobe. Which institutional investors are buying Adobe stock? ADBE stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Ardevora Asset Management LLP, First Trust Advisors LP, Massachusetts Financial Services Co. MA, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA and State Street Corp. Company insiders that have bought Adobe stock in the last two years include Amy Banse and David A Ricks. View Insider Buying and Selling for Adobe. How do I buy shares of Adobe? Shares of ADBE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is Adobe's stock price today? One share of ADBE stock can currently be purchased for approximately $303.74. How big of a company is Adobe? Adobe has a market capitalization of $147.03 billion and generates $9.03 billion in revenue each year. The software company earns $2.59 billion in net income (profit) each year or $5.55 on an earnings per share basis. Adobe employs 21,357 workers across the globe.View Additional Information About Adobe. What is Adobe's official website? The official website for Adobe is http://www.adobe.com/. How can I contact Adobe? Adobe's mailing address is 345 PARK AVE, SAN JOSE CA, 95110. The software company can be reached via phone at 408-536-6000 or via email at [email protected] MarketBeat Community Rating for Adobe (NASDAQ ADBE)Community Ranking: 3.0 out of 5 ( )Outperform Votes: 1,371 (Vote Outperform)Underperform Votes: 950 (Vote Underperform)Total Votes: 2,321MarketBeat's community ratings are surveys of what our community members think about Adobe and other stocks. Vote "Outperform" if you believe ADBE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ADBE will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/11/2019 by MarketBeat.com StaffFeatured Article: What is the Federal Reserve?