Adobe Inc.

ADBE

US00724F1012

Software

Market Closed - Nasdaq Other stock markets 04:00:00 2025-01-17 pm EST			5-day change	1st Jan Change
429.99 ^USD	+0.72%		+5.93%	-3.30%

Jan. 16	Oppenheimer Adjusts Price Target on Adobe to $560 From $600, Maintains Outperform Rating	MT
Jan. 15	Wall Street rallies on inflation and earnings bonanza

Adobe's AI Video Tools Will Be Priced Differently: CEO

October 14, 2024 at 01:51 pm EDT

Adobe (ADBE) unveiled AI tools that can create and modify videos, joining Big Tech companies and startups in trying to capitalize on demand for the emerging technology. Adobe CEO Shantanu Narayen joins Caroline Hyde and Ed Ludlow to explain why the company's new video-generating AI product will be priced differently than its other AI tools on "Bloomberg Technology."

Bloomberg videos, provided by MT Newswires

Latest news about Adobe Inc.

Oppenheimer Adjusts Price Target on Adobe to $560 From $600, Maintains Outperform Rating	Jan. 16	MT
Wall Street rallies on inflation and earnings bonanza	Jan. 15
BNP Paribas Exane Upgrades Adobe to Neutral From Underperform, Price Target is $425	Jan. 15	MT
Analyst recommendations: Adobe, Intuit, XPO, Netflix, Tesla...	Jan. 15
Adobe and General Assembly Partner to Upskill Next Generation of Creative Professionals in the United Kingdom with Ai Skills	Jan. 14	CI
Velo3D, Inc. Appoints Michelle Sidwell as Chief Revenue Officer	Jan. 13	CI
North American Morning Briefing : Investors On -2-	Jan. 10	DJ
Wall Street's rate cut dreams wane	Jan. 08
Baird Adjusts Price Target on Adobe to $500 From $545, Maintains Neutral Rating	Jan. 08	MT
Deutsche Bank Downgrades Adobe to Hold From Buy, Adjusts Price Target to $475 From $600	Jan. 08	MT
Analyst recommendations: Adobe, Merck, Take-Two, Palantir, Experian...	Jan. 08
Tech Selloff Drives Nasdaq Down by 1.9%	Jan. 07	MT
Mega-Cap Stocks Weigh on Equity Markets	Jan. 07	MT
Equity Markets Fall Intraday as Mega-Cap Stocks Weigh	Jan. 07	MT
Consumers Spent Record $241.4 Billion Online During 2024 Holiday Season, Adobe Data Show	Jan. 07	MT
Wells Fargo Adjusts Adobe's Price Target to $640 From $700, Keeps Overweight Rating	Jan. 07	MT
RainFocus' Latest Data Integration Solution with Adobe Enables Better Alignment Between Sales and Marketing and Events	Jan. 07	CI
Adobe Says US Online Spending Hit Record $241.4 Billion in 2024 Holiday Season	Jan. 07	MT
GIGABYTE Technology, Inc. Demonstrates Omni-AI Capabilities at CES 2025: Comprehensive Computing Solutions from Cloud to Edge	Jan. 07	CI
Barclays Adjusts Price Target on Adobe to $567 From $645, Keeps Overweight Rating	Jan. 06	MT
Equities Rise as Markets Assess Manufacturing Data, Fed Official's Comments	Jan. 03	MT
Equities Rise as Markets Assess Manufacturing Data, Fed Official's Comments	Jan. 03	MT
Top Midday Decliners	Jan. 03	MT
Equities Rise Intraday as Traders Parse Manufacturing Data, Fed Official's Comments	Jan. 03	MT
UBS Adjusts Price Target on Adobe to $475 From $525, Keeps Neutral Rating	Jan. 03	MT

Shantanu Narayen

Shantanu Narayen founded Pictra, Inc. Currently, Mr. Narayen is Chairman, President & Chief Executive Officer at Adobe, Inc. Mr. Narayen is also on the board of Pfizer Inc., Adobe Systems Software Ireland Ltd. and US India Strategic Partnership Forum and Chairman at Adobe Foundation. In the past Mr. Narayen occupied the position of Principal at Apple, Inc. and Director-Desktop & Collaboration Products at Silicon Graphics, Inc. He received a graduate degree from Bowling Green State University, an undergraduate degree from Osmania University and an MBA from Haas School of Business.

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ADBE: Dynamic Chart

Company Profile

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 (73.8%): primarily creation, illustration, viewing, conversion and digital contents broadcasting; - online marketing and business process management software (24.9%): web publishing, information security, business resources planning, document production management, application automation software, etc.; - other (1.3%): software for high-definition printing, online training, etc. Net sales break down by source of income between sales of subscriptions (95.4%), sales of services (2.8%; consulting, training, maintenance and technical support services) and sales of products (1.8%). Net sales are distributed geographically as follows: the United States (53.5%), Americas (6.5%), Europe/Middle East/Africa (25.8%) and Asia/Pacific (14.2%).

Employees

30,709

Sector

Software

Calendar

2025-03-12 - Q1 2025 Earnings Release (Projected)

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