NASDAQ:ADBE - Adobe Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$257.61 -0.49 (-0.19 %)
(As of 02/21/2019 03:25 PM ET)
Previous Close$258.10
Today's Range$255.12 - $259.3491
52-Week Range$201.68 - $277.61
Volume1.23 million shs
Average Volume2.73 million shs
Market Capitalization$125.64 billion
P/E Ratio46.42
Dividend YieldN/A
Beta1.15
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. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The company's Digital Experience segment offers solutions for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social marketing, targeting, media optimization, digital experience management, cross-channel campaign management, marketing automation, audience management, and video delivery and monetization solutions to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers, and chief revenue officers. Its Publishing segment offers products and services, such as e-learning solutions, technical document publishing, Web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company offers its products and services directly to enterprise customers through its sales force, as well as to end-users through app stores and through its Website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and OEMs. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. The company was founded in 1982 and is headquartered in San Jose, California.

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.

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:ADBE
CUSIP00724F10
Phone408-536-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.03 billion
Cash Flow$6.3592 per share
Book Value$19.18 per share

Profitability

Net Income$2.59 billion

Miscellaneous

Employees21,357
Market Cap$125.64 billion
OptionableOptionable

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 authorized a share repurchase program on Monday, May 21st 2018, which authorizes the company to buyback $8,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Adobe's earnings last quarter?

Adobe Inc (NASDAQ:ADBE) announced its earnings results on Thursday, December, 13th. The software company reported $1.83 earnings per share for the quarter, missing the consensus estimate of $1.88 by $0.05. The software company earned $2.42 billion during the quarter, compared to analysts' expectations of $2.43 billion. Adobe had a return on equity of 31.19% and a net margin of 28.69%. The business's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.26 earnings per share. View Adobe's Earnings History.

When is Adobe's next earnings date?

Adobe is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 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, March 14th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Adobe issued on next quarter's earnings?

Adobe issued an update on its FY 2019 earnings guidance on Thursday, December, 13th. The company provided earnings per share (EPS) guidance of $7.75-7.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.98. The company issued revenue guidance of $11.15-11.15 billion, compared to the consensus revenue estimate of $10.8 billion.Adobe also updated its Q1 2019 guidance to $1.60-1.60 EPS.

What price target have analysts set for ADBE?

27 brokers have issued 12-month price targets for Adobe's shares. Their predictions range from $250.00 to $325.00. On average, they anticipate Adobe's share price to reach $284.8077 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Adobe.

What is the consensus analysts' recommendation for Adobe?

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adobe in the last year. There are currently 9 hold ratings and 18 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’s lower end-market demand and exposure to Europe remain overhangs. Also, higher expenses incurred on acquisitions will likely impact its bottom line. However, the company should continue to benefit from Marketo acquisition 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. Notably, the stock has outperformed the industry it belongs to in the past one year." (2/12/2019)
  • 2. Rosenblatt Securities analysts commented, "We highlight Adobe ’s on- going strength in Experience Cloud with revenues up 22% (ex-Marketo) vs. our esti- mate of 20% and 25% including Marketo. We reiterate our buy rating and our price target of $280." (12/16/2018)

Has Adobe been receiving favorable news coverage?

News articles about ADBE stock have been trending somewhat positive on Thursday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Adobe earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned news stories about the software company a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of Adobe's key competitors?

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), Micron Technology (MU), salesforce.com (CRM), Paypal (PYPL), Visa (V), Intel (INTC), Mastercard (MA) and Boeing (BA).

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)
  • Joyce H. Marshall, Co-Founder & Director
  • Mr. Bryan Lamkin, Exec. VP & Gen. Mang. of Digital Media (Age 58)
  • Mr. Matthew A. Thompson, Exec. VP of Worldwide Field Operations (Age 60)

Who are Adobe's major shareholders?

Adobe's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Oregon Public Employees Retirement Fund (7.93%), BlackRock Inc. (6.69%), Jennison Associates LLC (1.87%), Bank of New York Mellon Corp (1.86%), Lunia Capital LP (1.83%) and Massachusetts Financial Services Co. MA (1.45%). Company insiders that own Adobe stock include Abhay Parasnis, Amy Banse, Ann Lewnes, Bradley Rencher, Bryan Lamkin, Charles M Geschke, Daniel Rosensweig, 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 major investors are selling Adobe stock?

ADBE stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Two Sigma Advisers LP, Standard Life Aberdeen plc, Canada Pension Plan Investment Board, Los Angeles Capital Management & Equity Research Inc., Coatue Management LLC and Brown Advisory Inc.. Company insiders that have sold Adobe company stock in the last year include Abhay Parasnis, Ann Lewnes, Bradley Rencher, Charles M Geschke, John E Warnock, Matthew Thompson and Shantanu Narayen. View Insider Buying and Selling for Adobe.

Which major investors are buying Adobe stock?

ADBE stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Lunia Capital LP, Fisher Asset Management LLC, Amundi Pioneer Asset Management Inc., Geode Capital Management LLC, Swedbank, DSM Capital Partners LLC and Bank of Nova Scotia. 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, Scottrade, Fidelity and Charles Schwab.

What is Adobe's stock price today?

One share of ADBE stock can currently be purchased for approximately $257.54.

How big of a company is Adobe?

Adobe has a market capitalization of $125.61 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.

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 (star star star)
Outperform Votes:  1,283 (Vote Outperform)
Underperform Votes:  873 (Vote Underperform)
Total Votes:  2,156
MarketBeat'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 2/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel