Company Adobe Inc.

Equities

ADBE

US00724F1012

Software

Market Closed - Nasdaq 04:30:00 2024-03-18 pm EDT 5-day change 1st Jan Change
513.9 USD +4.35% Intraday chart for Adobe Inc. -8.31% -13.87%

Business Summary

Adobe Inc. specializes in the development of software for content design, publication and visual distribution. Net sales break down by product family as follows:

- digital media software (72.9%): primarily creation, illustration, viewing, conversion and digital contents broadcasting;

- online marketing and business process management software (25.1%): web publishing, information security, business resources planning, document production management, application automation software, etc.;

- other (2%): software for high-definition printing, online training, etc.

Net sales break down by source of income between sales of subscriptions (93.1%), sales of services (3.9%; consulting, training, maintenance and technical support services) and sales of products (3%).

Net sales are distributed geographically as follows: the United States (52.3%), Americas (5.9%), Europe/Middle East/Africa (26.1%) and Asia/Pacific (15.7%).

Number of employees: 29,945

Sales per Business

USD in Million2022Weight2023Weight Delta
Digital Media
73.2 %
12,842 72.9 % 14,216 73.2 % +10.70%
Digital Experience
25.2 %
4,422 25.1 % 4,893 25.2 % +10.65%
Publishing and Advertising
1.5 %
342 1.9 % 300 1.5 % -12.28%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
53.9 %
9,217 52.4 % 10,460 53.9 % +13.49%
EMEA
25.1 %
4,593 26.1 % 4,881 25.1 % +6.27%
APAC
14.8 %
2,762 15.7 % 2,874 14.8 % +4.06%
Other Americas
6.2 %
1,034 5.9 % 1,194 6.2 % +15.47%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 97-12-31
Director of Finance/CFO 58 21-10-17
Chief Tech/Sci/R&D Officer - 16-06-12
Chief Administrative Officer 53 18-12-02
Investor Relations Contact - 20-04-19
Sales & Marketing - 06-12-31
Human Resources Officer 59 -
General Counsel 54 12-03-31
Corporate Officer/Principal - 04-12-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 09-01-11
Chief Executive Officer 60 97-12-31
Director/Board Member 66 12-05-13
Director/Board Member 48 19-01-21
Director/Board Member 58 12-05-13
Director/Board Member 64 12-05-13
Director/Board Member 56 18-04-11
Director/Board Member 55 22-01-06
Director/Board Member 53 23-10-25
Director/Board Member 63 19-01-21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 598,546,202 450,598,800 ( 75.28 %) 146,000,000 ( 24.39 %) 75.28 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.908 %
40,266,172 8.908 % 22 560 M $
The Vanguard Group, Inc.
8.908 %
40,262,670 8.908 % 22 558 M $
BlackRock Advisors LLC
6.344 %
28,676,633 6.344 % 16 067 M $
19,553,334 4.326 % 10 955 M $
Fidelity Management & Research Co. LLC
2.550 %
11,524,425 2.550 % 6 457 M $
Eaton Vance Management
2.244 %
10,142,725 2.244 % 5 683 M $
Geode Capital Management LLC
2.191 %
9,903,030 2.191 % 5 548 M $
JPMorgan Investment Management, Inc.
1.910 %
8,633,365 1.910 % 4 837 M $
BlackRock Life Ltd.
1.835 %
8,292,867 1.835 % 4 646 M $
BNY Mellon Investment Adviser, Inc.
1.444 %
6,525,060 1.444 % 3 656 M $
NameEquities%Valuation
Western Asset Management Company DTVM Ltda.
0.002455 %
554,722 0.002455 % 6 M $
Caixa DTVM SA
0.001618 %
365,642 0.001618 % 4 M $
Bram Bradesco Asset Management S/A DTVM
0.000176 %
39,870 0.000176 % 448 479 $
Safra Asset Management Ltda.
0.000150 %
33,900 0.000150 % 381 325 $
BNY Mellon Serviços Financeiros DTVM SA
0.000061 %
13,766 0.000061 % 154 847 $
XP Allocation Asset Management Ltda.
0.000037 %
8,338 0.000037 % 93 790 $

Company contact information

Adobe, Inc.

345 Park Avenue

95110-2704, San Jose

+408 536 6000

http://www.adobe.com
address Adobe Inc.(ADBE)

Group companies

NameCategory and Sector
Packaged Software
Adobe Systems Benelux BV
Packaged Software
Adobe Software Trading Co. Ltd.
Adobe Systems India Pvt Ltd.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
37
Last Close Price
513.9 USD
Average target price
622.8 USD
Spread / Average Target
+21.20%
Consensus
1st Jan change Capi.
-13.87% 233B
-1.25% 71.97B
+0.18% 58.45B
+4.81% 54.59B
-0.42% 40.11B
-3.16% 35.42B
-7.61% 29.17B
+4.97% 21.96B
+71.02% 22.45B
+18.73% 13.46B
Application Software