ADBE
Adobe Inc (ADBE)
$387.161.13%▲
Key Stats
$382.61
Day's Range
$387.16
$338.0
52-Week Range
$699.54
| Returns | |
| 1 month return | 12.33% |
| 3 month return | 14.04% |
| 1 year return | 36.22% |
| 5 year return | 160.2% |
Company Information
“A pioneer of providing a digital experience to its consumers, Adobe was founded in 1982 as Adobe Systems Incorporated. This U.S.-based company offers many professional software products, including photography, graphics, animation, premium video creation, high-end printing, and e-learning solutions. From its first product, PostScript, to popular products like Adobe Photoshop, Adobe Premiere, Adobe Illustrator, Adobe Acrobat Reader, it has attracted more than 1 million followers worldwide.
Its popularity can also be attributed to its acquisitions. In 1994, it acquired Aldus and its PageMaker software and bought Framework and Page Mill software developers the following year. Among its essential strategies was the introduction of the PDF format for electronic document distribution. Using its free application, Acrobat Reader, users could read and print documents on any operating system.
The company is frequently developing new applications. The company began generating and distributing animations over the internet by introducing two new programs, Shockwave and Flash. In 2008, Adobe's media player was also introduced to compete with Apple's Itunes and Windows Real Player. It became so popular that it was adopted even by television networks.
In addition, the company works philanthropically. Adobe Youth Voices aims to teach young people technology skills while also building connections with the community. Since its inception in 2006, it has attracted 250,000 youth and 5000 educators from 60 countries.
Since businesses have shifted to remote work cultures, Adobe has seen a surge in revenues. Among its high-end clients are Yahoo, Deutsche Bank, Walmart, and even major government agencies. Its business innovations and strategies of providing solutions to changing business needs have made it an award-winning software since 1982.
With its creative cloud, document cloud, and experience cloud programs transforming the digital world, all segments show strong profitability in the current dynamic environment. The company generated a record revenue of 3.94 billion dollars in the third quarter of 2021. In other words, it developed a 22% year over year growth. In addition to high revenues, Adobe also tops the list of companies with happiest employees in 2021.
Currently Adobe Inc has a market cap of $176.2 Billion. It has a P.E ratio of 37.35. The shares of Adobe Inc are trading at $382.83.
” .
| Organization | Adobe Inc |
| Employees | 22516 |
| CEO | Shantanu Narayen |
| Industry | Technology Services |
Analyst Recommendation
based on 38 analysts ratings
Buy
81%
Buy
18%
Hold
0%
Sell
Based on 38 Wall street analysts offering stock ratings for Adobe Inc(by analysts ranked 0 to 5 stars)
Analyst Forecast
What analysts predicted
Upside of 71.75%Current
$382.83
Target
$657.52
Recommendation Trend
Based on 38 analyst
| Current | 1M Ago | 3M Ago | |
| Buy | 31 | 32 | 30 |
| Hold | 7 | 6 | 5 |
| Sell | 0 | 0 | 0 |
| Consensus | BUY | BUY | BUY |
Company Financials
Highlights
| Market Capitalization | 188.0B |
| Book Value | 29.18 |
| Dividend Share | 0.0 |
| Dividend Yield | 0.0 |
| Earnings Share | 10.07 |
| PE Ratio | 39.5213 |
| PEG Ratio | 1.77 |
| Wall Street Target Price | 563.7 |
Valuation
| Trailing PE | 39.52 |
| Forward PE | 29.76 |
| Price/Sales (ttm) | 11.65 |
| Price/Book (mrq) | 14.02 |
| Enterprise Value | 193.1B |
| Enterprise Value/Revenue | 11.96 |
| Enterprise Value/Ebitda | 28.68 |
Technicals
| Beta | 1.05 |
| 50 Day MA | 442.55 |
| 200 Day MA | 565.44 |
Sustainability
| Rating Date | 2019-01-01 |
| Total Esg | 14.32 |
| Total Esg Percentile | 4.86 |
| Environment Score | 0.05 |
| Environment Score Percentile | 2.0 |
| Social Score | 8.43 |
| Social Score Percentile | 2.0 |
| Governance Score | 4.94 |
| GovernanceScorePercentile | 2.0 |
| Controversy Level | 1.0 |
Institutional Holdings
Vanguard Group Inc
8.15%
BlackRock Inc
7.94%
State Street Corporation
4.04%
FMR Inc
3.73%
Geode Capital Management, LLC
1.9%
Bank of New York Mellon Corp
1.65%
