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

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$251.97 +2.21 (+0.88 %)
(As of 08/21/2018 01:42 PM ET)
Previous Close$250.01
Today's Range$250.01 - $253.32
52-Week Range$143.95 - $263.83
Volume58,781 shs
Average Volume2.43 million shs
Market Capitalization$120.31 billion
P/E Ratio70.13
Dividend YieldN/A
Beta1.12
Adobe Systems logoAdobe Systems Incorporated 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 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 Ratio0.22
Current Ratio2.08
Quick Ratio2.08

Price-To-Earnings

Trailing P/E Ratio70.13
Forward P/E Ratio44.91
P/E Growth2.67

Sales & Book Value

Annual Sales$7.30 billion
Price / Sales16.90
Cash Flow$4.4229 per share
Price / Cash56.97
Book Value$17.16 per share
Price / Book14.68

Profitability

EPS (Most Recent Fiscal Year)$3.59
Net Income$1.69 billion
Net Margins26.68%
Return on Equity27.08%
Return on Assets15.70%

Miscellaneous

Employees17,973
Outstanding Shares489,660,000
Market Cap$120.31 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 stock repurchase plan on Monday, May 21st 2018, which authorizes the company to repurchase $8,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were Adobe Systems' earnings last quarter?

Adobe Systems Incorporated (NASDAQ:ADBE) posted its earnings results on Thursday, June, 14th. The software company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.12. The software company had revenue of $2.20 billion for the quarter, compared to analysts' expectations of $2.16 billion. Adobe Systems had a return on equity of 27.08% and a net margin of 26.68%. Adobe Systems's quarterly revenue was up 23.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.02 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 Tuesday, September, 18th 2018. View Earnings Estimates for Adobe Systems.

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

Adobe Systems updated its third quarter earnings guidance on Thursday, June, 14th. The company provided EPS guidance of $1.68 for the period, compared to the Thomson Reuters consensus estimate of $1.61. The company issued revenue guidance of $2.24 billion, compared to the consensus revenue estimate of $2.22 billion.

What price target have analysts set for ADBE?

28 brokerages have issued twelve-month price objectives for Adobe Systems' shares. Their predictions range from $160.00 to $292.00. On average, they expect Adobe Systems' stock price to reach $241.7037 in the next twelve months. This suggests that the stock has a possible downside of 4.1%. View Analyst Price Targets for Adobe Systems.

What is the consensus analysts' recommendation for Adobe Systems?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adobe Systems in the last year. There are currently 8 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 second-quarter results benefitted from strong demand for the company’s innovative solutions and growing subscriptions for its cloud application. It 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." (6/19/2018)
  • 2. Stephens analysts commented, "APDN and Colorcon have entered into a technology license memorandum of understanding that will combine DNA tagging with film coating for the pharmaceutical and nutraceutical industry." (1/3/2018)
  • 3. Pivotal Research analysts commented, "We raise our price target slightly to $162 vs. $160 previously and continue to rate the stock Hold." (12/15/2017)

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)

Has Adobe Systems been receiving favorable news coverage?

News articles about ADBE stock have trended positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Adobe Systems earned a media and rumor sentiment score of 0.33 on Accern's scale. They also assigned news stories about the software company an impact score of 46.40 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Adobe Systems.

Who are Adobe Systems' major shareholders?

Adobe Systems' stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (7.62%), BlackRock Inc. (6.90%), Bank of New York Mellon Corp (2.29%), Jennison Associates LLC (1.90%), Janus Henderson Group PLC (1.68%) and Massachusetts Financial Services Co. MA (1.46%). Company insiders that own Adobe Systems stock include Abhay Parasnis, Amy Banse, Ann Lewnes, Bryan Lamkin, Charles M Geschke, Daniel Rosensweig, 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 major investors are selling Adobe Systems stock?

ADBE stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Egerton Capital UK LLP, Polen Capital Management LLC, Waddell & Reed Financial Inc., FMR LLC, Voya Investment Management LLC, Canada Pension Plan Investment Board and Destination Wealth Management. 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 major investors are buying Adobe Systems stock?

ADBE stock was purchased by a variety of institutional investors in the last quarter, including Edgewood Management LLC, Morgan Stanley, Moneta Group Investment Advisors LLC, Chevy Chase Trust Holdings Inc., Acadian Asset Management LLC, Gateway Investment Advisers LLC, South Texas Money Management Ltd. and Assenagon Asset Management S.A.. 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 $252.09.

How big of a company is Adobe Systems?

Adobe Systems has a market capitalization of $120.31 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.

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:  2.9 out of 5 (star star)
Outperform Votes:  1,153 (Vote Outperform)
Underperform Votes:  803 (Vote Underperform)
Total Votes:  1,956
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 8/21/2018 by MarketBeat.com Staff

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