On Friday 03/17/2023 the closing price of the Adobe Inc. share was $358.14 on NAS.
Compared to the opening price on Friday 03/17/2023 on NAS of $354.78, this is a gain of 0.94%.
Adobe Inc.'s market capitalization is $152.80 B by 457.80 M shares outstanding.
Is Adobe stock a Buy, Sell or Hold?
Adobe stock has received a consensus rating of buy. The average rating score is A2 and is based on 65 buy ratings, 33 hold ratings, and 0 sell ratings.What was the 52-week low for Adobe stock?
The low in the last 52 weeks of Adobe stock was 274.80. According to the current price, Adobe is 130.33% away from the 52-week low.What was the 52-week high for Adobe stock?
The high in the last 52 weeks of Adobe stock was 473.22. According to the current price, Adobe is 75.68% away from the 52-week high.What are analysts forecasts for Adobe stock?
The 98 analysts offering price forecasts for Adobe have a median target of 464.39, with a high estimate of 820.00 and a low estimate of 310.00. The median estimate represents a 77.12 difference from the last price of 358.14.Adobe Stock Snapshot
358.15
Bid
300.00
Bid Size
358.20
Ask
100.00
Ask Size
3/17/2023
Date
8:00 PM
Time
2.64 M
Volume
353.29
Prev. Close
354.78
Open
152.80 B
Market Cap
457.80 M
Number of Shares
350.89
Day Low
360.56
Day High
358.14
274.80
52 Week Low
473.22
52 Week High
358.14
0.00
Dividend
24.32
P/E Ratio
99.24
Free Float in %
15.46
EPS 2023
36.04
Book Value per Share
17.53
Cash Flow per Share
Adobe News More News
Adobe Historical Prices
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:
0%
0
Adobe Analyst Data
Total Analysts: 98
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price
*Price Target
Lowest: 310.00
Median: 464.39
Highest: 820.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Adobe Analyst Opinions
- All
- Buy
- Hold
- Sell
| 03/17/23 | Credit Suisse | Maintained Hold | $350 | ||
| 03/16/23 | Wells Fargo & Co | Maintained Hold | $360 | ||
| 03/16/23 | RBC Capital Markets | Maintained Buy | $395 | ||
| 03/16/23 | BMO Capital Markets | Maintained Buy | $400 | ||
| 03/16/23 | Morgan Stanley | Maintained Hold | $385 | ||
| 03/16/23 | J.P. Morgan | Maintained Hold | $380 | ||
| 03/16/23 | Piper Sandler | Maintained Buy | $415 | ||
| 03/13/23 | RBC Capital Markets | Maintained Buy | $395 | ||
| 03/10/23 | BMO Capital Markets | Maintained Buy | $395 | ||
| 02/24/23 | Wolfe Research | Maintained Buy | $440 | ||
| 02/15/23 | UBS | Maintained Hold | $400 | ||
| 01/18/23 | D.A. Davidson & Co. | Maintained Hold | $350 | ||
| 01/17/23 | William Blair | Maintained Buy | |||
| 01/09/23 | Piper Sandler | Maintained Buy | $415 | ||
| 12/19/22 | Citigroup Corp. | Maintained Hold | $355 | ||
| 12/16/22 | Mizuho | Maintained Hold | $370 | ||
| 12/16/22 | Morgan Stanley | Maintained Hold | $382 | ||
| 12/16/22 | BMO Capital Markets | Maintained Buy | $390 | ||
| 12/16/22 | Deutsche Bank | Maintained Buy | $430 | ||
| 12/16/22 | Piper Sandler | Maintained Buy | $380 | ||
| 12/12/22 | Citigroup Corp. | Maintained Hold | $337 | ||
| 10/19/22 | RBC Capital Markets | Maintained Buy | $395 | ||
| 10/19/22 | Credit Suisse | Maintained Hold | $325 | ||
| 10/19/22 | Jefferies & Company Inc. | Maintained Buy | $420 | ||
| 10/17/22 | BMO Capital Markets | Maintained Buy | $332 | ||
| 10/17/22 | Piper Sandler | Maintained Buy | $345 | ||
| 10/13/22 | Barclays Capital | Maintained Hold | $330 | ||
| 09/19/22 | Wells Fargo & Co | Downgraded to Hold | $310 | ||
| 09/19/22 | Edward Jones | Downgraded to Hold | |||
| 09/16/22 | BMO Capital Markets | Maintained Buy | $345 | ||
| 09/16/22 | Cowen and Company, LLC | Maintained Buy | $400 | ||
| 09/16/22 | Evercore | Maintained Buy | $350 | ||
| 09/16/22 | Credit Suisse | Maintained Hold | $350 | ||
| 09/16/22 | Stifel, Nicolaus & Co., Inc. | Maintained Buy | $375 | ||
| 09/16/22 | Morgan Stanley | Maintained Hold | $337 | ||
| 09/16/22 | Wolfe Research | Maintained Buy | $340 | ||
| 09/16/22 | RBC Capital Markets | Maintained Buy | $425 | ||
| 09/16/22 | Mizuho | Maintained Hold | $360 | ||
| 09/16/22 | Deutsche Bank | Maintained Buy | $400 | ||
| 09/16/22 | Barclays Capital | Downgraded to Hold | $340 | ||
| 09/16/22 | Bank of America Merrill Lynch | Downgraded to Hold | $350 | ||
| 09/16/22 | Piper Sandler | Maintained Buy | $358 | ||
| 09/16/22 | Baird Patrick & Co | Downgraded to Hold | $355 | ||
| 09/15/22 | Citigroup Corp. | Maintained Hold | $388 | ||
| 09/13/22 | BMO Capital Markets | Downgraded to Buy | $435 | ||
| 09/12/22 | Mizuho | Downgraded to Hold | $440 | ||
| 09/08/22 | Barclays Capital | Maintained Buy | $440 | ||
| 06/21/22 | Morgan Stanley | Downgraded to Hold | $362 | ||
| 06/17/22 | Evercore | Maintained Buy | $475 | ||
| 06/17/22 | UBS | Maintained Hold | $415 |
Adobe Estimates* in USD
| 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|
| Revenue | 19,282 | 21,544 | 23,993 | 26,268 | 28,878 |
| Dividend | 0.00 | 0.00 | 0.00 | - | - |
| Dividend Yield (in %) | - | - | - | - | - |
| EPS | 15.46 | 17.56 | 20.01 | 22.29 | 24.93 |
| P/E Ratio | 23.30 | 20.51 | 18.00 | 16.16 | 14.45 |
| EBIT | 8,639 | 9,667 | 10,897 | 12,006 | 13,303 |
| EBITDA | 9,370 | 10,392 | 11,614 | 12,647 | 14,018 |
| Net Profit | 7,059 | 7,869 | 8,916 | 9,986 | 11,142 |
| Net Profit Adjusted | 7,059 | 7,869 | 8,916 | 9,986 | 11,142 |
| Pre-Tax Profit | 8,653 | 9,639 | 10,897 | 12,253 | 13,671 |
| Net Profit (Adjusted) | 6,478 | 7,383 | 8,547 | - | - |
| EPS (Non-GAAP) ex. SOE | 12.80 | 14.39 | 13.79 | - | - |
| EPS (GAAP) | 11.05 | 12.69 | 15.43 | - | - |
| Gross Income | 17,135 | 19,151 | 21,133 | 23,669 | 26,039 |
| Cash Flow from Investing | -238 | -587 | -871 | -769 | -845 |
| Cash Flow from Operations | 8,231 | 9,347 | 10,653 | 12,899 | 14,333 |
| Cash Flow from Financing | -4,532 | -2,925 | -3,354 | -2,399 | -3,247 |
| Cash Flow per Share | 17.53 | 20.02 | 22.05 | - | - |
| Free Cash Flow | 7,778 | 8,855 | 9,870 | 12,130 | - |
| Free Cash Flow per Share | 17.41 | 19.97 | 21.65 | 27.11 | - |
| Book Value per Share | 36.04 | 45.50 | 61.03 | - | - |
| Net Debt | -1,025 | -3,941 | -14,576 | - | - |
| Research & Development Exp. | 2,749 | 3,026 | 3,429 | 3,389 | 3,696 |
| Capital Expenditure | 464 | 506 | 567 | - | - |
| Selling, General & Admin. Exp. | 6,438 | 7,052 | - | - | - |
| Shareholder’s Equity | 16,670 | 22,323 | 28,189 | 29,812 | 52,671 |
| Total Assets | 30,462 | 36,413 | 42,301 | 57,982 | 68,227 |
| Previous Quarter |
Current Quarter ending 02/28/23 |
Next Quarter ending 05/31/23 |
Current Year ending 11/30/23 |
Next Year ending 11/30/24 |
|
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | - | 28 | 30 | 34 | 33 |
| Average Estimate | - | 3.680 USD | 3.782 USD | 15.455 USD | 17.558 USD |
| Year Ago | - | 3.370 USD | 3.350 USD | 13.710 USD | 15.455 USD |
| Publish Date | - | 3/15/2023 | 6/15/2023 | - | - |
| Revenue Estimates | |||||
| No. of Analysts | - | 24 | 26 | 32 | 31 |
| Average Estimate | - | 4,623 USD | 4,770 USD | 19,282 USD | 21,544 USD |
| Year Ago | - | 4,262 USD | 4,386 USD | 17,606 USD | 19,282 USD |
| Publish Date | - | 3/15/2023 | 6/15/2023 | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Adobe Insider Activity
| Name | Date | shares traded | shares held | Price | type (sell/buy) | option |
|---|---|---|---|---|---|---|
| Garfield Mark S. | 03/14/2023 | 227.00 | 3,742.02 | 333.61 | Sell | No |
| Garfield Mark S. | 03/14/2023 | 30.00 | 3,511.02 | 333.61 | Sell | No |
| Garfield Mark S. | 03/14/2023 | 458.00 | 3,969.02 | n/a | Buy | No |
| Garfield Mark S. | 03/14/2023 | 62.00 | 3,541.02 | n/a | Buy | No |
| Wadhwani David | 03/13/2023 | 958.00 | 8,644.00 | 333.33 | Sell | No |
| Wadhwani David | 03/13/2023 | 1,933.00 | 9,602.00 | n/a | Buy | No |
| Chen Gloria | 02/27/2023 | 110.00 | 22,206.02 | 323.95 | Sell | No |
| Chen Gloria | 02/27/2023 | 223.00 | 22,316.02 | n/a | Buy | No |
| Durn Daniel | 02/14/2023 | 2,008.00 | 13,745.00 | 375.94 | Sell | No |
| Durn Daniel | 02/14/2023 | 3,836.00 | 15,753.00 | n/a | Buy | No |
| Lewnes Ann | 02/01/2023 | 2,599.00 | 26,977.05 | 400.00 | Sell | No |
| Garfield Mark S. | 01/24/2023 | 209.00 | 3,479.02 | 355.42 | Sell | No |
| Belsky Scott | 01/24/2023 | 2,906.00 | 26,475.05 | 355.42 | Sell | No |
| Rao Dana | 01/23/2023 | 841.00 | 19,051.02 | 361.32 | Sell | No |
| Rao Dana | 01/23/2023 | 182.00 | 18,195.02 | 361.32 | Sell | No |
| Rao Dana | 01/23/2023 | 155.00 | 18,008.02 | 361.32 | Sell | No |
| Rao Dana | 01/23/2023 | 196.00 | 17,712.02 | 361.32 | Sell | No |
| Rao Dana | 01/23/2023 | 1,980.00 | 17,392.02 | 361.32 | Sell | No |
| NARAYEN SHANTANU | 01/23/2023 | 2,487.00 | 435,065.00 | 361.32 | Sell | No |
| NARAYEN SHANTANU | 01/23/2023 | 648.00 | 432,535.00 | 361.32 | Sell | No |
| NARAYEN SHANTANU | 01/23/2023 | 870.00 | 431,876.00 | 361.32 | Sell | No |
| NARAYEN SHANTANU | 01/23/2023 | 1,285.00 | 430,990.00 | 361.32 | Sell | No |
| NARAYEN SHANTANU | 01/23/2023 | 20,483.00 | 429,697.00 | 361.32 | Sell | No |
| Wadhwani David | 01/23/2023 | 854.00 | 7,669.00 | 361.32 | Sell | No |
| Lewnes Ann | 01/23/2023 | 841.00 | 29,576.05 | 361.32 | Sell | No |
Adobe Dividend Calendar
| Date | Name | Dividend | *yield | Currency |
|---|---|---|---|---|
| 2022 | Adobe Inc. | - | - | USD |
| 2021 | Adobe Inc. | - | - | USD |
| 2020 | Adobe Inc. | - | - | USD |
| 2019 | Adobe Inc. | - | - | USD |
| 2018 | Adobe Inc. | - | - | USD |
| 2017 | Adobe Inc. | - | - | USD |
| 2016 | Adobe Inc. | - | - | USD |
| 2015 | Adobe Inc. | - | - | USD |
| 2014 | Adobe Inc. | - | - | USD |
| 2013 | Adobe Inc. | - | - | USD |
| 2012 | Adobe Inc. | - | - | USD |
| 2011 | Adobe Inc. | - | - | USD |
| 2010 | Adobe Inc. | - | - | USD |
| 2009 | Adobe Inc. | - | - | USD |
| 2008 | Adobe Inc. | - | - | USD |
| 2007 | Adobe Inc. | - | - | USD |
| 2006 | Adobe Inc. | - | - | USD |
| 2005 | Adobe Inc. | 0.01 | 0.03 | USD |
| 2004 | Adobe Inc. | 0.03 | 0.10 | USD |
| 2003 | Adobe Inc. | 0.03 | 0.15 | USD |
| 2002 | Adobe Inc. | 0.03 | 0.20 | USD |
| 2001 | Adobe Inc. | 0.03 | 0.19 | USD |
| 2000 | Adobe Inc. | 0.03 | 0.09 | USD |
| 1999 | Adobe Inc. | 0.03 | 0.18 | USD |
*Yield of the Respective Date
Adobe Inc. Calendar
| Event | Estimate | Info | Date |
|---|---|---|---|
| Annual General Meeting | - | Annual General Meeting | 04/20/2023 |
| Earnings Report | 3.782 USD | Q2 2023 Earnings Release | 06/15/2023 |
| Earnings Report | - | Q3 2023 Earnings Release | 09/19/2023 |
| Earnings Report | - | Q4 2023 Earnings Release | 12/14/2023 |
| Earnings Report | - | Q1 2024 Earnings Release | 03/14/2024 |
Adobe Inc. Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| Earnings Report | 3.800 USD | Q1 2023 Earnings Release | 03/15/2023 |
| Press Conference | - | - | 03/15/2023 |
| Press Conference | - | - | 12/15/2022 |
| Press Conference | - | - | 09/15/2022 |
| Press Conference | - | - | 06/16/2022 |
| Shareholders' Meeting | - | - | 04/14/2022 |
Adobe Profile
Adobe, Inc. engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers creative cloud services, which allow members to download and install the latest versions of products, such as Adobe Photoshop, Adobe Illustrator, Adobe Premiere Pro, Adobe Photoshop Lightroom and Adobe InDesign, as well as utilize other tools, such as Adobe Acrobat. The Digital Experience segment provides solutions, including analytics, social marketing, targeting, media optimization, digital experience management, and cross-channel campaign management, as well as premium video delivery and monetization. The Publishing and Advertising segment includes legacy products and services for eLearning solutions, technical document publishing, web application development, and high-end printing. The company was founded by Charles M. Geschke and John E.
Moody’s Daily Credit Risk Score
Adobe Shareholder
| Owner | in % |
|---|---|
| Freefloat | 99.24 |
| Vanguard Group, Inc. (Subfiler) | 8.18 |
| State Street Corp. | 4.01 |
| Vanguard Total Stock Market Index Fund | 3.12 |
| BlackRock Fund Advisors | 2.77 |
| Vanguard 500 Index Fund | 2.36 |
| Fidelity Management & Research Co. LLC | 2.25 |
| BlackRock Institutional Trust Co. NA | 2.25 |
| Geode Capital Management LLC | 2.08 |
| PRIMECAP Management Co. | 1.39 |
| Polen Capital Management LLC | 1.37 |
| Invesco QQQ Trust | 1.32 |
| Massachusetts Financial Services Co. | 1.19 |
| Norges Bank (13F) | 1.14 |
| Government Pension Fund - Global (The) | 1.13 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
Adobe Management
| Name | Job |
|---|---|
| Daniel J. Durn | CFO, EVP-Finance, Technology Services & Operations |
| Shantanu Narayen | Chairman & Chief Executive Officer |
| Mark S. Garfield | Chief Accounting Officer, Controller & SVP |
| Cynthia A. Stoddard | Chief Information Officer & Senior Vice President |
| Ann Lewnes | Chief Marketing Officer & EVP-Development |
| Gloria Chen | Chief People Officer & Executive Vice President |
| Mark D. Adams | Chief Security Officer & Senior Vice President |
| Scott Belsky | Chief Strategy Officer & Executive VP-Design |
| Michelle Yates | Director-Corporate Social Responsibility |
| Bryan Latten | Head-Development & Software Architecture |
| Spencer Adam Neumann | Independent Director |
| Brett M. Biggs | Independent Director |
| Laura B. Desmond | Independent Director |
| Kathleen Kelly Oberg | Independent Director |
| Melanie Boulden | Independent Director |
| Daniel L. Rosensweig | Independent Director |
| Dheeraj Pandey | Independent Director |
| Amy L. Banse | Independent Director |
| John E. Warnock | Independent Director |
| David A. Ricks | Independent Director |
| Frank A. Calderoni | Lead Independent Director |
| Anil Chakravarthy | President-Digital Experience |
| David Wadhwani | President-Digital Media business |
| Paul Robson | President-International |
| Maarten Van Horenbeeck | SVP & Chief Security Officer |
| Dana Rao | Secretary, Chief Trust Officer & Executive VP |
| Digby Horner | Senior VP-Engineering Technologies Group |
| Amit Ahuja | Vice President-Adobe Marketing Cloud |
| John Travis | Vice President-Brand Marketing |
| David Nüscheler | Vice President-Enterprise Technology |
| Jace Johnson | Vice President-Government Affairs & Public Policy |
| Jonathan Vaas | Vice President-Investor Relations |
| Maria Luisa Garaña Corces | Vice President-Professional Services |