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

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$246.83 -12.08 (-4.67 %)
(As of 10/18/2018 02:00 PM ET)
Previous Close$258.91
Today's Range$246.06 - $256.83
52-Week Range$149.03 - $277.61
Volume219,332 shs
Average Volume2.99 million shs
Market Capitalization$131.77 billion
P/E Ratio70.38
Dividend YieldN/A
Beta1.08
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 customers to download and install 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 Marketing 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, 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 Print and 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 markets and licenses 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, independent software vendors, 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.21
Current Ratio1.66
Quick Ratio1.66

Price-To-Earnings

Trailing P/E Ratio70.38
Forward P/E Ratio43.69
P/E Growth2.91

Sales & Book Value

Annual Sales$7.30 billion
Price / Sales16.50
Cash Flow$3.9430 per share
Price / Cash62.60
Book Value$17.16 per share
Price / Book14.38

Profitability

EPS (Most Recent Fiscal Year)$3.59
Net Income$1.69 billion
Net Margins28.16%
Return on Equity29.51%
Return on Assets17.03%

Miscellaneous

Employees17,973
Outstanding Shares488,130,000
Market Cap$131.77 billion

Adobe Systems (NASDAQ:ADBE) Frequently Asked Questions

What is Adobe Systems' stock symbol?

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

How will Adobe Systems' stock buyback program work?

Adobe Systems declared that its board has authorized a share repurchase program 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 buy up to 6.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

How were Adobe Systems' earnings last quarter?

Adobe Systems Incorporated (NASDAQ:ADBE) released its quarterly earnings results on Thursday, September, 13th. The software company reported $1.73 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.04. The software company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.25 billion. Adobe Systems had a net margin of 28.16% and a return on equity of 29.51%. The company's revenue was up 24.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.10 EPS. View Adobe Systems' Earnings History.

When is Adobe Systems' next earnings date?

Adobe Systems is scheduled to release their next quarterly earnings announcement on Thursday, December 13th 2018. View Earnings Estimates for Adobe Systems.

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

Adobe Systems issued an update on its fourth quarter earnings guidance on Monday, October, 15th. The company provided EPS guidance of $1.87 for the period, compared to the Thomson Reuters consensus estimate of $1.89. The company issued revenue guidance of $2.42 billion, compared to the consensus revenue estimate of $2.43 billion.Adobe Systems also updated its Q4 2018 guidance to $1.87-1.87 EPS.

What price target have analysts set for ADBE?

27 analysts have issued 1-year target prices for Adobe Systems' shares. Their predictions range from $190.00 to $325.00. On average, they expect Adobe Systems' share price to reach $267.00 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Adobe Systems.

What is the consensus analysts' recommendation for Adobe Systems?

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adobe Systems in the last year. There are currently 7 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Adobe Systems.

What are Wall Street analysts saying about Adobe Systems stock?

Here are some recent quotes from research analysts about Adobe Systems stock:
  • 1. According to Zacks Investment Research, "Adobe’s creative products continue to drive its top-line growth. The company is currently benefiting from strong demand for its innovative solutions and growing subscriptions for its cloud application. The stock has outperformed the industry it belongs to in the last one year. Adobe has been making great efforts toward establishing its presence in cloud-related software areas such as documents and marketing. Adobe Experience Manager, which enables brands to offer a personalized experience, is also witnessing robust growth. We remain optimistic about Adobe’s market position, compelling product lines, continued innovation, solid adoption of Creative Cloud and Adobe marketing cloud. However, lower end-market demand and exposure to Europe remain overhangs." (10/4/2018)
  • 2. KeyCorp analysts commented, "We are raising estimates and our PT to $286 from $276. Creative and Experience Clouds post strong results as profits rise 58%." (9/14/2018)

Who are some of Adobe Systems' key competitors?

Who are Adobe Systems' key executives?

Adobe Systems' management team includes the folowing people:
  • Mr. Shantanu Narayen, Chairman, Pres & CEO (Age 54)
  • Mr. John E. Warnock, Co-Founder & Director (Age 77)
  • Dr. Charles M. Geschke, Co-Founder & Director (Age 79)
  • Mr. Bryan Lamkin, Exec. VP & Gen. Mang. of Digital Media (Age 57)
  • Mr. Matthew A. Thompson, Exec. VP of Worldwide Field Operations (Age 59)

Who are Adobe Systems' major shareholders?

Adobe Systems' stock is owned by many different of institutional and retail investors. Top institutional investors include Swedbank (0.37%), MERIAN GLOBAL INVESTORS UK Ltd (0.23%), Aperio Group LLC (0.07%), Gateway Investment Advisers LLC (0.07%), Atalanta Sosnoff Capital LLC (0.07%) and Bristol John W & Co. Inc. NY (0.05%). Company insiders that own Adobe Systems stock include Abhay Parasnis, Amy Banse, Ann Lewnes, Bryan Lamkin, Charles M Geschke, Daniel Rosensweig, David A Ricks, Donna Morris, James E Daley, John E Warnock, Mark Garrett, Matthew Thompson, Michael A Dillon, Richard Rowley, Robert K Burgess and Shantanu Narayen. View Institutional Ownership Trends for Adobe Systems.

Which institutional investors are selling Adobe Systems stock?

ADBE stock was sold by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP, Factory Mutual Insurance Co., MERIAN GLOBAL INVESTORS UK Ltd, Barometer Capital Management Inc., Centre Asset Management LLC, Clinton Group Inc., Hardman Johnston Global Advisors LLC and Addenda Capital Inc.. Company insiders that have sold Adobe Systems company stock in the last year include Abhay Parasnis, Ann Lewnes, Charles M Geschke, Donna Morris, John E Warnock, Mark Garrett, Matthew Thompson, Michael A Dillon, Robert K Burgess and Shantanu Narayen. View Insider Buying and Selling for Adobe Systems.

Which institutional investors are buying Adobe Systems stock?

ADBE stock was acquired by a variety of institutional investors in the last quarter, including Patriot Wealth Management Inc., Park National Corp OH, Aperio Group LLC, Bowling Portfolio Management LLC, First Hawaiian Bank, Rathbone Brothers plc, Gemmer Asset Management LLC and Private Capital Advisors Inc.. Company insiders that have bought Adobe Systems stock in the last two years include Amy Banse and David A Ricks. View Insider Buying and Selling for Adobe Systems.

How do I buy shares of Adobe Systems?

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 Systems' stock price today?

One share of ADBE stock can currently be purchased for approximately $249.43.

How big of a company is Adobe Systems?

Adobe Systems has a market capitalization of $131.77 billion and generates $7.30 billion in revenue each year. The software company earns $1.69 billion in net income (profit) each year or $3.59 on an earnings per share basis. Adobe Systems employs 17,973 workers across the globe.

What is Adobe Systems' official website?

The official website for Adobe Systems is http://www.adobe.com.

How can I contact Adobe Systems?

Adobe Systems' 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 Systems (NASDAQ ADBE)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  1,228 (Vote Outperform)
Underperform Votes:  823 (Vote Underperform)
Total Votes:  2,051
MarketBeat's community ratings are surveys of what our community members think about Adobe Systems 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 10/18/2018 by MarketBeat.com Staff

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