Adobe Stock Forecast, Price & News

Adobe (NASDAQ:ADBE) Frequently Asked Questions

Is Adobe a buy right now?

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Adobe in the last twelve months. There are currently 6 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Adobe stock.
View analyst ratings for Adobe or view top-rated stocks.

How has Adobe's stock been impacted by COVID-19 (Coronavirus)?

Adobe's stock was trading at $315.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ADBE stock has increased by 62.8% and is now trading at $513.34.
View which stocks have been most impacted by COVID-19.

Are investors shorting Adobe?

Adobe saw a increase in short interest in December. As of December 31st, there was short interest totaling 6,360,000 shares, an increase of 32.5% from the December 15th total of 4,800,000 shares. Based on an average daily volume of 2,870,000 shares, the short-interest ratio is currently 2.2 days. Approximately 1.3% of the shares of the stock are short sold.
View Adobe's Short Interest.

When is Adobe's next earnings date?

Adobe is scheduled to release its next quarterly earnings announcement on Tuesday, March 22nd 2022.
View our earnings forecast for Adobe.

How were Adobe's earnings last quarter?

Adobe Inc. (NASDAQ:ADBE) issued its quarterly earnings data on Thursday, December, 16th. The software company reported $3.20 EPS for the quarter, hitting analysts' consensus estimates of $3.20. The software company earned $4.11 billion during the quarter, compared to the consensus estimate of $4.09 billion. Adobe had a trailing twelve-month return on equity of 36.06% and a net margin of 30.55%. The firm's quarterly revenue was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.42 EPS.
View Adobe's earnings history.

How will Adobe's stock buyback program work?

Adobe announced that its board has initiated a share buyback program on Thursday, December 10th 2020, which authorizes the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

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

Adobe issued an update on its FY22 earnings guidance on Thursday, December, 16th. The company provided EPS guidance of $13.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $14.24. The company issued revenue guidance of $17.9 billion, compared to the consensus revenue estimate of $18.16 billion.

What price target have analysts set for ADBE?

26 brokers have issued 1 year target prices for Adobe's shares. Their forecasts range from $510.00 to $820.00. On average, they anticipate Adobe's share price to reach $670.38 in the next twelve months. This suggests a possible upside of 30.6% from the stock's current price.
View analysts' price targets for Adobe or view top-rated stocks among Wall Street analysts.

Who are Adobe's key executives?

Adobe's management team includes the following people:

• Shantanu Narayen, Chairman & Chief Executive Officer
• Daniel J. Durn, Chief Financial Officer & Executive Vice President
• Abhay Parasnis, Chief Technology & Product Officer (LinkedIn Profile)
• Cynthia A. Stoddard, Chief Information Officer & Senior Vice President
• Dana Rao, Secretary, Executive VP & General Counsel (LinkedIn Profile)

What is Shantanu Narayen's approval rating as Adobe's CEO?

989 employees have rated Adobe CEO Shantanu Narayen on Glassdoor.com. Shantanu Narayen has an approval rating of 97% among Adobe's employees. This puts Shantanu Narayen in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Adobe's key competitors?

Some companies that are related to Adobe include salesforce.com (CRM), Intuit (INTU), Workday (WDAY), Autodesk (ADSK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Splunk (SPLK), Nuance Communications (NUAN), FactSet Research Systems (FDS), Citrix Systems (CTXS), Fair Isaac (FICO) and Aspen Technology (AZPN).
View all of ADBE's 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), salesforce.com (CRM), PayPal (PYPL), Mastercard (MA), Walt Disney (DIS), Tesla (TSLA), Visa (V) and Advanced Micro Devices (AMD).

What is Adobe's stock symbol?

Adobe trades on the NASDAQ under the ticker symbol "ADBE."

Who are Adobe's major shareholders?

Adobe's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Royal London Asset Management Ltd. (0.12%), Intermede Investment Partners Ltd (0.07%), Family Capital Trust Co (0.06%), Gateway Investment Advisers LLC (0.04%), State of Alaska Department of Revenue (0.02%) and DNB Asset Management AS (0.02%). Company insiders that own Adobe stock include Abhay Parasnis, Ann Lewnes, Bryan Lamkin, Dana Rao, Donna Morris, Gloria Chen, John E Warnock, John E Warnock, John Francis Murphy, Mark S Garfield, Marshall Kiev, Scott Belsky 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 M&G Investment Management Ltd., Moody National Bank Trust Division, ACG Wealth, Cohen Klingenstein LLC, DNB Asset Management AS, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, and Family Capital Trust Co. Company insiders that have sold Adobe company stock in the last year include Abhay Parasnis, Ann Lewnes, Bryan Lamkin, Dana Rao, Gloria Chen, John E Warnock, John Francis Murphy, Mark S Garfield, Scott Belsky, and Shantanu Narayen.
View insider buying and selling activity for Adobe or view top insider-selling stocks.

Which institutional investors are buying Adobe stock?

ADBE stock was acquired by a variety of institutional investors in the last quarter, including Intermede Investment Partners Ltd, Royal London Asset Management Ltd., Spire Wealth Management, Dixon Hubard Feinour & Brown Inc. VA, Cutler Group LP, Stonnington Group LLC, Exchange Traded Concepts LLC, and Ayrshire Capital Management LLC.
View insider buying and selling activity for Adobe or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Adobe's stock price today?

One share of ADBE stock can currently be purchased for approximately $513.34.

How much money does Adobe make?

Adobe has a market capitalization of $244.56 billion and generates $15.79 billion in revenue each year. The software company earns $4.82 billion in net income (profit) each year or $10.02 on an earnings per share basis.

How many employees does Adobe have?

Adobe employs 22,516 workers across the globe.

Does Adobe have any subsidiaries?

The following companies are subsidiares of Adobe: Accelio Corporation, Adobe Assets LLC, Adobe Canada Services Corporation, Adobe Colombia SAS, Adobe KK, Adobe Labs Inc., Adobe Research (Schweiz) AG, Adobe Software (Shanghai) Company Limited, Adobe Software Trading Company Limited, Adobe Systems (Schweiz) GmbH, Adobe Systems Belgium BV, Adobe Systems Benelux B.V., Adobe Systems Brasil Limitada, Adobe Systems Canada Inc., Adobe Systems Danmark ApS, Adobe Systems Engineering GmbH, Adobe Systems Europe Limited., Adobe Systems Federal LLC, Adobe Systems France SAS, Adobe Systems GmbH, Adobe Systems Hong Kong Limited, Adobe Systems Iberica SL, Adobe Systems India Private Limited., Adobe Systems Israel Ltd., Adobe Systems Italia SRL, Adobe Systems Korea Ltd. ., Adobe Systems New Zealand Limited., Adobe Systems Nordic AB, Adobe Systems Norge AS, Adobe Systems Pte. Ltd., Adobe Systems Pty Ltd., Adobe Systems Romania SRL, Adobe Systems Software (Beijing) Co. Ltd., Adobe Systems Software Chile Limitada, Adobe Systems Software Ireland Limited, Adobe Systems South Africa Proprietary Limited, Adobe Systems s.r.o., Adobe Technologies International S.L., Adobe Visual Sciences LLC, Aldus Corp, Allegorithmic, Allegorithmic SAS, Amicima, Antepo, Ares Software, Auditude, Aviary, Behance, Behance Inc., Bizible Inc., BluePoint Technologies, Business Catalyst, Business Catalyst Systems Pty Ltd., Day Software, Demdex, DigiDox, Digital Analytix, Efficient Frontier, Emerald City Software, Fotiva, Fotolia, Fotolia Dutch Holding LLC, Fotolia LLC, Fotolia Netherlands Cooperatief U.A., Frame Technology, Frame.io, GoLive Systems, GoodBarry, HyWay Ferranti, ICS “Adobe Systems” S.R.L., IRIDAS, Ideacodes, InterAKT, KyleBrush.com, LLC "TubeMogul Ukraine", LLC "X.Commerce Development Center", Livefyre, Macromedia, Magento, Magento Commerce International Limited, MagentoTech Inc., MagentoTech LLC, Marketo, Marketo Canada Corporation, Marketo EMEA Limited, Marketo Inc., Marketo Solutions Ltd., Milestone Holdco LLC, Milestone Intermediate Holdings Inc., Milestone Topco Inc., Mixamo, Navisware, Neolane, Nitobi Software, OCR Systems, OKYZ, Oculus Medium, Omniture, Omniture LLC, Photoshop, Pixmantec, Q-Link Technologies, Sandcastle, Sayspring, Scene7, Serious Magic, Shopial Ltd., Subsidiary Legal Name, Syntrillium Software, ToutApp Inc., Trade and Technologies France, TubeMogul, TubeMogul Inc., Typekit, Virtual Ubiquity, Workfront, X.commerce Inc., YaWah, and eSign Services.

When was Adobe founded?

Adobe was founded in 1982.

What is Adobe's official website?

The official website for Adobe is www.adobe.com.

Where are Adobe's headquarters?

Adobe is headquartered at 345 PARK AVE, SAN JOSE CA, 95110.

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, via email at [email protected], or via fax at 408-537-6000.