Adobe Inc.

ADBE

US00724F1012

Software

Real-time Estimate Cboe BZX Other stock markets 02:23:52 2024-05-14 pm EDT			5-day change	1st Jan Change
473.3 ^USD	-2.02%		-4.24%	-20.98%

May. 09	Akamai Technologies forecasts weak second-quarter results, shares slump	RE
May. 09	TikTok to label AI-generated images, video from OpenAI and elsewhere	RE

ADOBE SYSTEMS INC : Bernstein reiterates its Buy rating

September 16, 2020 at 08:04 am EDT

In a research note, Bernstein analyst Mark Moerdler has maintained his recommendation on the stock with a Buy rating. The target price has been raised to USD 562 from USD 424.

Latest news about Adobe Inc.

Akamai Technologies forecasts weak second-quarter results, shares slump	May. 09	RE
TikTok to label AI-generated images, video from OpenAI and elsewhere	May. 09	RE
US online retail spending up 7% Jan-April, driven by demand for cheaper products, report says	May. 09	RE
Software provider EPAM sees weak 2024 as slow demand hurts	May. 09	RE
Adobe Launches Acrobat AI Assistant for the Enterprise Customers	May. 08	CI
Transcript : Adobe Inc. - Special Call	May. 07
OpenAI to launch tool to detect images created by DALL-E 3	May. 07	RE
Adobe Insider Sold Shares Worth $1,286,776, According to a Recent SEC Filing	May. 03	MT
US Homeland Security names AI safety, security advisory board	Apr. 26	RE
Global markets live: Bayer, PepsiCo, Halliburton, Spotify, Apple...	Apr. 23
Corporate results bound the become the next catalyst for markets	Apr. 23
Adobe Unveils the All-New Photoshop with Breakthrough Advancements in Generative Fill Now with Reference Image, Delivering Greater Control for Creators and Superpowers for All Photoshop Users to Confidently Create Amazing Images	Apr. 23	CI
Adobe Unveils the Future of Creativity and Ai with AI Innovations and Features that Expand Creativity for All	Apr. 23	CI
Adobe Inc. Introduces Firefly Image 3 Foundation Model to Take Creative Exploration and Ideation to New Heights	Apr. 23	CI
Adobe to bring full AI image generation to Photoshop this year	Apr. 23	RE
US Equity Indexes End Mixed This Week as Strong Economic Data Prompts Top Fed Brass to Temper Rate-Cut Expectations	Apr. 19	MT
SoftwareOne seen as takeover target after board shake-up, shares rise	Apr. 19	RE
Adobe Express Announces the All-New Adobe Express Mobile App Available to All Users	Apr. 18	CI
Adobe explores OpenAI partnership as it adds AI video tools	Apr. 15	RE
Adobe Rolling Out Full Features of Acrobat AI Assistant Starting at $4.99 a Month	Apr. 15	MT
Adobe Previews Breakthrough AI Innovations to Advance Professional Video Workflows Within Adobe Premiere Pro	Apr. 15	CI
Adobe explores OpenAI partnership as it adds AI video tools	Apr. 15	RE
Adobe Introduces Next Generation of Frame.Io to Accelerate Content Workflow and Collaboration for Every Creative Project	Apr. 09	CI
Google's contemplated mega deal would prompt new fight with regulators	Apr. 08	RE
Deloitte Digital Collaborates with Adobe and Amazon Web Services to Introduce the Content Intelligence Hub	Mar. 28	CI

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 (73.3%): primarily creation, illustration, viewing, conversion and digital contents broadcasting; - online marketing and business process management software (25.2%): web publishing, information security, business resources planning, document production management, application automation software, etc.; - other (1.5%): software for high-definition printing, online training, etc. Net sales break down by source of income between sales of subscriptions (94.2%), sales of services 3.4%; consulting, training, maintenance and technical support services) and sales of products (2.4%). Net sales are distributed geographically as follows: the United States (53.9%), Americas (6.2%), Europe/Middle East/Africa (25.1%) and Asia/Pacific (14.8%).

Sector

Software

Calendar

2024-06-13 - Q2 2024 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

Dylan Field, Figma CEO: the FigJam AI tool, the Adobe takeover, prospects

November 07, 2023 at 03:04 pm EST

More Strategies

Ratings for Adobe Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

483.1 USD

Average target price

616.8 USD

Spread / Average Target

+27.67%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Application Software

	1st Jan change	Capi.
ADOBE INC.	-20.98%	216B
WORKDAY INC.	-10.50%	65.55B
ROPER TECHNOLOGIES, INC.	-4.82%	55.85B
AUTODESK, INC.	-11.63%	46.34B
DATADOG, INC.	-3.63%	39.56B
ELECTRONIC ARTS INC.	-7.68%	33.84B
ANSYS, INC.	-10.09%	28.65B
APPLOVIN CORPORATION	+107.70%	28.42B
PTC INC.	+2.86%	21.45B
GRAB HOLDINGS LIMITED	+5.79%	13.93B

Application Software

Adobe Inc.

Equities

ADBE

US00724F1012

Software

ADOBE SYSTEMS INC : Bernstein reiterates its Buy rating

Latest news about Adobe Inc.

Chart Adobe Inc.

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for Adobe Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Application Software