Should I buy or sell Adobe stock right now?

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adobe in the last year. There are currently 2 sell ratings, 6 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ADBE shares. View ADBE analyst ratings or view top-rated stocks .

What is Adobe's stock price target for 2024?

27 brokerages have issued 1-year price objectives for Adobe's shares. Their ADBE share price targets range from $445.00 to $730.00. On average, they anticipate the company's share price to reach $620.72 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price. View analysts price targets for ADBE or view top-rated stocks among Wall Street analysts .

How have ADBE shares performed in 2024?

Adobe's stock was trading at $596.60 at the beginning of the year. Since then, ADBE stock has decreased by 18.2% and is now trading at $488.10. View the best growth stocks for 2024 here .

Are investors shorting Adobe?

Adobe saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,690,000 shares, an increase of 10.9% from the March 15th total of 5,130,000 shares. Based on an average daily trading volume, of 3,680,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.3% of the company's shares are sold short. View Adobe's Short Interest .

When is Adobe's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024. View our ADBE earnings forecast .

How can I listen to Adobe's earnings call?

Adobe will be holding an earnings conference call on Thursday, June 13th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Adobe's earnings last quarter?

Adobe Inc. (NASDAQ:ADBE) issued its earnings results on Thursday, March, 14th. The software company reported $4.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.38 by $0.10. The software company earned $5.18 billion during the quarter, compared to analyst estimates of $5.14 billion. Adobe had a net margin of 24.08% and a trailing twelve-month return on equity of 39.12%. Adobe's revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.97 EPS. Read the conference call transcript .

What ETFs hold Adobe's stock?

ETFs with the largest weight of Adobe (NASDAQ:ADBE) stock in their portfolio include iShares Expanded Tech-Software Sector ETF (IGV) , Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR) , Invesco AI and Next Gen Software ETF (IGPT) , Invesco Dynamic Software ETF (PSJ) , Invesco Next Gen Media and Gaming ETF (GGME) , Invesco Next Gen Media and Gaming ETF (PBS) , MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) and MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) .

How will Adobe's stock buyback program work?

Adobe announced that its Board of Directors has approved a stock repurchase plan on Thursday, March 14th 2024, which authorizes the company to repurchase $25,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

What guidance has Adobe issued on next quarter's earnings?

Adobe issued an update on its second quarter 2024 earnings guidance on Thursday, March, 14th. The company provided earnings per share guidance of 4.350-4.400 for the period, compared to the consensus estimate of 4.380. The company issued revenue guidance of $5.3 billion-$5.3 billion, compared to the consensus revenue estimate of $5.3 billion.

What is Shantanu Narayen's approval rating as Adobe's CEO?

989 employees have rated Adobe Chief Executive Officer Shantanu Narayen on Glassdoor.com . Shantanu Narayen has an approval rating of 97% among the company's employees. This puts Shantanu Narayen in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Adobe own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Adobe investors own include NVIDIA (NVDA) , Alibaba Group (BABA) , Netflix (NFLX) , Salesforce (CRM) , PayPal (PYPL) , Mastercard (MA) , Walt Disney (DIS) , Tesla (TSLA) , Visa (V) and Advanced Micro Devices (AMD) .

Who are Adobe's major shareholders?

Adobe's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (1.39%), Jennison Associates LLC (0.79%), Principal Financial Group Inc. (0.44%), Nordea Investment Management AB (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.30%) and Swiss National Bank (0.30%). Insiders that own company stock include Abhay Parasnis , Amy Banse , Anil Chakravarthy , Ann Lewnes , Dana Rao , Daniel Durn , David A Ricks , David Wadhwani , Gloria Chen , John E Warnock , John E Warnock , Mark S Garfield , Marshall Kiev , Scott Belsky and Shantanu Narayen . View institutional ownership trends .

How do I buy shares of Adobe?

Shares of ADBE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Adobe have any subsidiaries?

The following companies are subsidiares of Adobe: X.commerce Inc., Accelio Corporation, Adobe Assets LLC, Adobe Canada Services Corporation, Adobe Colombia SAS, Adobe Commerce, Adobe Development ARM LLC, Adobe KK, Adobe Labs Inc., Adobe Research (Schweiz) AG, Adobe Software (Shanghai) Company Limited, Adobe Software Trading Company Limited, Adobe Systems (Schweiz) GmbH, Adobe Systems Belgium BV, Adobe Systems Benelux B.V., Adobe Systems Brasil Limitada, Adobe Systems Canada Inc., Adobe Systems Danmark ApS, Adobe Systems Engineering GmbH, Adobe Systems Europe Limited., Adobe Systems Federal LLC, Adobe Systems France SAS, Adobe Systems GmbH, Adobe Systems Hong Kong Limited, Adobe Systems Iberica SL, Adobe Systems India Private Limited, Adobe Systems Israel Ltd., Adobe Systems Italia SRL, Adobe Systems Korea Ltd., Adobe Systems New Zealand Limited., Adobe Systems Nordic AB, Adobe Systems Norge AS, Adobe Systems Pte. Ltd., Adobe Systems Pty Ltd., Adobe Systems Romania SRL, Adobe Systems Software (Beijing) Co. Ltd., Adobe Systems Software Chile Limitada, Adobe Systems Software Ireland Limited, Adobe Systems South Africa Proprietary Limited, Adobe Systems s.r.o., Adobe Technologies International S.L., Aldus Corp, Allegorithmic, Allegorithmic SAS, Amicima, Antepo, Ares Software, Auditude, Aviary, Behance, BluePoint Technologies, Business Catalyst, Business Catalyst Systems Pty Ltd., ContentCal, Day Software, Demdex, DigiDox, Digital Analytix, Efficient Frontier, Emerald City Software, Fotiva, Fotolia, Fotolia Dutch Holding LLC, Fotolia LLC, Fotolia Netherlands Cooperatief U.A., Frame Technology, Frame.io, Frame.io Inc., GoLive Systems, GoodBarry, HyWay Ferranti, ICS “Adobe Systems” S.R.L., IRIDAS, Ideacodes, InterAKT, KyleBrush.com, LLC "X.Commerce Development Center", Livefyre, Macromedia, Magento Commerce Design, Magento Commerce International Limited, MagentoTech Inc., MagentoTech LLC, Marketo, Marketo Canada Corporation, Marketo EMEA Limited, Marketo Inc., Marketo Solutions Ltd., Milestone Holdco LLC, Milestone Intermediate Holdings Inc., Milestone Topco Inc., Mixamo, Navisware, Neolane, Nitobi Software, OCR Systems, OKYZ, Oculus Medium, Omniture, Photoshop, Pixmantec, Q-Link Technologies, Sandcastle, Sayspring, Scene7, Serious Magic, Syntrillium Software, ToutApp Inc., Trade and Technologies France, TubeMogul, TubeMogul Inc., Typekit, Uru, Virtual Ubiquity, Workfront, Workfront Inc., Workfront Ltd, YaWah, and eSign Services. Read More

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NASDAQ:ADBE

Adobe (ADBE) Stock Price, News & Analysis

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$482.73

-5.37 (-1.10%)

(As of 01:09 PM ET)

Compare

Today's Range: $482.26
▼
$490.44
50-Day Range: $462.83
▼
$579.14
52-Week Range: $331.89
▼
$638.25

Volume: 929,660 shs
Average Volume: 3.39 million shs
Market Capitalization: $216.26 billion

P/E Ratio: 46.15
Dividend Yield: N/A
Price Target: $620.72

Get Adobe alerts:

Adobe MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 27.2% Upside
$620.72 Price Target
Short Interest: Healthy
1.62% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.55
Upright™ Environmental Score
News Sentiment: 0.63
Based on 33 Articles This Week
Insider Trading: Selling Shares
$1.42 M Sold Last Quarter
Proj. Earnings Growth: 12.78%
From $14.55 to $16.41 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.83 out of 5 stars

Computer And Technology Sector

44th out of 592 stocks

Prepackaged Software Industry

14th out of 201 stocks

4.3

Analyst's Opinion

Consensus Rating
Adobe has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 19 buy ratings, 6 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
Adobe has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Adobe's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
1.62% of the float of Adobe has been sold short.
Short Interest Ratio / Days to Cover
Adobe has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Adobe has recently increased by 26.36%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Adobe does not currently pay a dividend.
Dividend Growth
Adobe does not have a long track record of dividend growth.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Adobe has received a 34.38% net impact score from Upright. Adobe seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Collaboration software", "Integrated development environments", and "Photograph editing software" products. See details.
Environmental Sustainability
The Environmental Impact score for Adobe is -0.55.

2.0

News and Social Media Coverage

News Sentiment
Adobe has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 33 news articles for Adobe this week, compared to 35 articles on an average week.
Search Interest
Only 104 people have searched for ADBE on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.
MarketBeat Follows
Only 74 people have added Adobe to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Adobe insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,424,432.00 in company stock.
Percentage Held by Insiders
Only 0.15% of the stock of Adobe is held by insiders.
Percentage Held by Institutions
81.79% of the stock of Adobe is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Adobe's insider trading history.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Adobe are expected to grow by 12.78% in the coming year, from $14.55 to $16.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Adobe is 46.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Adobe is 46.66, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 267.36.
Price to Earnings Growth Ratio
Adobe has a PEG Ratio of 2.63. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Adobe has a P/B Ratio of 13.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Adobe's valuation and earnings.

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About Adobe Stock (NASDAQ:ADBE)

Adobe Inc. is a leading global software company specializing in creating, publishing and distributing digital content, including graphics, illustration, photography, multimedia/video, animation, motion pictures and print. Founded in December 1982 by John Warnock and Charles Geschke, Adobe has become one of the world's largest and most influential software companies. Headquartered in San Jose, California, the company employs more than 26,000 people across the globe.

Adobe's products include Adobe Acrobat Reader and the Portable Document Format (PDF), Adobe Photoshop image editing software, Adobe Illustrator vector-based illustration software and a range of tools primarily for audio-visual content creation, editing and publishing. Its Creative Cloud subscription service allows members to access the latest versions of its innovative products.

At the same time, its digital experience segment provides solutions and services for digital advertising, marketing, analytics, social marketing, targeting, media optimization, digital experience management and cross-channel campaign management. Adobe also offers legacy products and services for eLearning solutions, technical document publishing, web application development and high-end printing.

Adobe's commitment to innovation has earned it numerous recognitions and awards, including being named one of the "100 Best Companies to Work for" by Fortune since 2000, one of the "Best Places to Work" by Glassdoor and one of Fast Company's "Brands that Matter." The company has also been featured in Maclean's magazine as one of Canada's Top 100 Employers and received a five-star rating from the Electronic Frontier Foundation concerning its handling of government data requests in 2017.

Adobe has also been the subject of criticism. Consumers have been critical of its pricing practices, with retail prices increasing to twice as much in non-U.S. countries. Its Reader and Flash programs list as some of the most-hated programs of all time, and hackers have exploited vulnerabilities in Adobe programs to gain unauthorized computer access. Consumers also criticize Adobe for pushing unwanted software and handling government data requests.

However, Adobe has continued to push the boundaries and innovate with acquisitions such as Magento Commerce, Marketo, Allegorithmic, Workfront, Frame.io and Figma. In addition, the company has added payment services to its e-commerce platform and imposed a ban on the political ads features on its digital advert sales platform as the United States presidential elections approached in 2020. With its dedication to helping customers create compelling content and experiences, Adobe will remain a key player in the software industry for the foreseeable future.

Written by Jeffrey Neal Johnson

ADBE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ADBE Stock News Headlines

May 5, 2024 | insidertrades.com

Scott Belsky Sells 2,713 Shares of Adobe Inc. (NASDAQ:ADBE) Stock

April 26, 2024 | insidertrades.com

Adobe Inc. (NASDAQ:ADBE) CAO Mark S. Garfield Sells 97 Shares

May 9, 2024 | True Market Insiders (Ad)

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Adobe Inc. (NASDAQ:ADBE) Insider Anil Chakravarthy Sells 100 Shares

April 23, 2024 | marketbeat.com

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Bargain Hunting: 3 Stocks With RSIs That Scream Oversold (ADBE)

With equities in general logging some of their worst weeks of the year so far, many previously high-flying stocks have RSI readings verging on the oversold.

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Mark S. Garfield Sells 96 Shares of Adobe Inc. (NASDAQ:ADBE) Stock

April 18, 2024 | marketbeat.com

These are the Top 4 Stocks for Buybacks in 2024

Stock buybacks, also called stock repurchases, are important drivers of shareholder value, which is one of the reasons why Marketbeat tracks the data. As the name suggests, a buyback is when a company buys back its own shares from the market.

April 18, 2024 | marketbeat.com

These are the Top 4 Stocks for Buybacks in 2024

Share repurchases are a powerful force for share prices. Companies that buy back shares help support the market for their stocks and boost investor confidence.

May 9, 2024 | msn.com

Even Adobe Acrobat is getting an AI assistant now

May 9, 2024 | msn.com

'Buy now pay later' is expected to drive $81 billion in online spending this year, Adobe says

May 9, 2024 | forbes.com

Online Shoppers Trading Down To Cheaper Goods, Adobe Reports

May 9, 2024 | fool.com

3 No-Brainer Nasdaq-100 Stocks to Buy in May

May 8, 2024 | finance.yahoo.com

Adobe Systems (ADBE) Stock Moves -0.85%: What You Should Know

May 8, 2024 | msn.com

Grab the entire Adobe Creative Cloud bundle for 40% off

May 8, 2024 | yahoo.com

Adobe slashes Creative Cloud by 40% for an ENTIRE YEAR

May 8, 2024 | investorplace.com

The 3 Best Cloud Computing Stocks to Buy in May 2024

May 8, 2024 | investopedia.com

Adobe's Acrobat AI Assistant Is Available and Could Help Company Compete

May 8, 2024 | businesswire.com

Adobe Revolutionizes Workplace Productivity with Launch of Acrobat AI Assistant for the Enterprise

May 7, 2024 | msn.com

Adobe's full Creative Cloud suite is 40 percent off in a rare deal

May 7, 2024 | investorplace.com

3 Nasdaq Darlings With Hidden Upside Potential

May 5, 2024 | americanbankingnews.com

Adobe (NASDAQ:ADBE) Trading Up 1.3%

May 4, 2024 | msn.com

Adobe just killed two mobile apps you probably haven't used in a while

May 4, 2024 | americanbankingnews.com

Adobe Inc. (NASDAQ:ADBE) Given Consensus Recommendation of "Moderate Buy" by Brokerages

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Today: 5/09/2024
Next Earnings (Confirmed): 6/13/2024
Fiscal Year End: 11/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: Application Software
Current Symbol: NASDAQ:ADBE
CUSIP: 00724F10
CIK: 796343
Web: www.adobe.com
Phone: (408) 536-6000
Fax: 408-537-6000
Employees: 29,945
Year Founded: 1982

Price Target and Rating

Average Stock Price Target: $620.72
High Stock Price Target: $730.00
Low Stock Price Target: $445.00
Potential Upside/Downside: +27.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 27 Analysts

Profitability

EPS (Most Recent Fiscal Year): $10.46
Trailing P/E Ratio: 46.66
Forward P/E Ratio: 33.55
P/E Growth: 2.63
Net Income: $5.43 billion
Net Margins: 24.08%
Pretax Margin: 30.94%
Return on Equity: 39.12%
Return on Assets: 21.21%

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 1.05
Quick Ratio: 1.05

Sales & Book Value

Annual Sales: $19.41 billion
Price / Sales: 11.27
Cash Flow: $14.88 per share
Price / Cash Flow: 32.81
Book Value: $36.28 per share
Price / Book: 13.45

Miscellaneous

Outstanding Shares: 448,000,000
Free Float: 447,328,000
Market Cap: $218.67 billion
Optionable: Optionable
Beta: 1.28

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Key Executives

Mr. Shantanu Narayen (Age 60)
Chairman & CEO
Comp: $4.86M
Mr. Daniel J. Durn (Age 58)
CFO and Executive VP of Finance, Technology Services & Operations
Comp: $1.8M
Mr. David Wadhwani (Age 52)
President of Digital Media Business
Comp: $3.27M
Mr. Scott K. Belsky (Age 44)
Chief Strategy Officer and Executive VP of Design & Emerging Products
Comp: $1.45M
Dr. Anil S. Chakravarthy (Age 56)
President of Digital Experience Business
Comp: $1.62M
Mr. Mark S. Garfield (Age 53)
Senior VP, Chief Accounting Officer & Corporate Controller
Ms. Cynthia A. Stoddard (Age 67)
Senior VP & Chief Information Officer
Mr. Jonathan Vaas
Vice President of Investor Relations
Mr. Dana Rao (Age 54)
Executive VP, General Counsel, Chief Trust Officer & Corporate Secretary
Ms. Gloria Chen (Age 59)
Chief People Officer & Executive VP of Employee Experience

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ADBE Stock Analysis - Frequently Asked Questions

Should I buy or sell Adobe stock right now?: 27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adobe in the last year. There are currently 2 sell ratings, 6 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ADBE shares.
View ADBE analyst ratings or view top-rated stocks.
What is Adobe's stock price target for 2024?: 27 brokerages have issued 1-year price objectives for Adobe's shares. Their ADBE share price targets range from $445.00 to $730.00. On average, they anticipate the company's share price to reach $620.72 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price.
View analysts price targets for ADBE or view top-rated stocks among Wall Street analysts.
How have ADBE shares performed in 2024?: Adobe's stock was trading at $596.60 at the beginning of the year. Since then, ADBE stock has decreased by 18.2% and is now trading at $488.10.
View the best growth stocks for 2024 here.
Are investors shorting Adobe?: Adobe saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,690,000 shares, an increase of 10.9% from the March 15th total of 5,130,000 shares. Based on an average daily trading volume, of 3,680,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.3% of the company's shares are sold short.
View Adobe's Short Interest.
When is Adobe's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024.
View our ADBE earnings forecast.
How can I listen to Adobe's earnings call?: Adobe will be holding an earnings conference call on Thursday, June 13th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Adobe's earnings last quarter?: Adobe Inc. (NASDAQ:ADBE) issued its earnings results on Thursday, March, 14th. The software company reported $4.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.38 by $0.10. The software company earned $5.18 billion during the quarter, compared to analyst estimates of $5.14 billion. Adobe had a net margin of 24.08% and a trailing twelve-month return on equity of 39.12%. Adobe's revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.97 EPS.
Read the conference call transcript.
What ETFs hold Adobe's stock?: ETFs with the largest weight of Adobe (NASDAQ:ADBE) stock in their portfolio include iShares Expanded Tech-Software Sector ETF (IGV), Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR), Invesco AI and Next Gen Software ETF (IGPT), Invesco Dynamic Software ETF (PSJ), Invesco Next Gen Media and Gaming ETF (GGME), Invesco Next Gen Media and Gaming ETF (PBS), MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) and MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ).

How will Adobe's stock buyback program work?: Adobe announced that its Board of Directors has approved a stock repurchase plan on Thursday, March 14th 2024, which authorizes the company to repurchase $25,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.
What guidance has Adobe issued on next quarter's earnings?: Adobe issued an update on its second quarter 2024 earnings guidance on Thursday, March, 14th. The company provided earnings per share guidance of 4.350-4.400 for the period, compared to the consensus estimate of 4.380. The company issued revenue guidance of $5.3 billion-$5.3 billion, compared to the consensus revenue estimate of $5.3 billion.
What is Shantanu Narayen's approval rating as Adobe's CEO?: 989 employees have rated Adobe Chief Executive Officer Shantanu Narayen on Glassdoor.com. Shantanu Narayen has an approval rating of 97% among the company's employees. This puts Shantanu Narayen in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Adobe own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Adobe investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Salesforce (CRM), PayPal (PYPL), Mastercard (MA), Walt Disney (DIS), Tesla (TSLA), Visa (V) and Advanced Micro Devices (AMD).
Who are Adobe's major shareholders?: Adobe's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (1.39%), Jennison Associates LLC (0.79%), Principal Financial Group Inc. (0.44%), Nordea Investment Management AB (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.30%) and Swiss National Bank (0.30%). Insiders that own company stock include Abhay Parasnis, Amy Banse, Anil Chakravarthy, Ann Lewnes, Dana Rao, Daniel Durn, David A Ricks, David Wadhwani, Gloria Chen, John E Warnock, John E Warnock, Mark S Garfield, Marshall Kiev, Scott Belsky and Shantanu Narayen.
View institutional ownership trends.
How do I buy shares of Adobe?: Shares of ADBE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Adobe have any subsidiaries?: The following companies are subsidiares of Adobe: X.commerce Inc., Accelio Corporation, Adobe Assets LLC, Adobe Canada Services Corporation, Adobe Colombia SAS, Adobe Commerce, Adobe Development ARM LLC, Adobe KK, Adobe Labs Inc., Adobe Research (Schweiz) AG, Adobe Software (Shanghai) Company Limited, Adobe Software Trading Company Limited, Adobe Systems (Schweiz) GmbH, Adobe Systems Belgium BV, Adobe Systems Benelux B.V., Adobe Systems Brasil Limitada, Adobe Systems Canada Inc., Adobe Systems Danmark ApS, Adobe Systems Engineering GmbH, Adobe Systems Europe Limited., Adobe Systems Federal LLC, Adobe Systems France SAS, Adobe Systems GmbH, Adobe Systems Hong Kong Limited, Adobe Systems Iberica SL, Adobe Systems India Private Limited, Adobe Systems Israel Ltd., Adobe Systems Italia SRL, Adobe Systems Korea Ltd., Adobe Systems New Zealand Limited., Adobe Systems Nordic AB, Adobe Systems Norge AS, Adobe Systems Pte. Ltd., Adobe Systems Pty Ltd., Adobe Systems Romania SRL, Adobe Systems Software (Beijing) Co. Ltd., Adobe Systems Software Chile Limitada, Adobe Systems Software Ireland Limited, Adobe Systems South Africa Proprietary Limited, Adobe Systems s.r.o., Adobe Technologies International S.L., Aldus Corp, Allegorithmic, Allegorithmic SAS, Amicima, Antepo, Ares Software, Auditude, Aviary, Behance, BluePoint Technologies, Business Catalyst, Business Catalyst Systems Pty Ltd., ContentCal, Day Software, Demdex, DigiDox, Digital Analytix, Efficient Frontier, Emerald City Software, Fotiva, Fotolia, Fotolia Dutch Holding LLC, Fotolia LLC, Fotolia Netherlands Cooperatief U.A., Frame Technology, Frame.io, Frame.io Inc., GoLive Systems, GoodBarry, HyWay Ferranti, ICS “Adobe Systems” S.R.L., IRIDAS, Ideacodes, InterAKT, KyleBrush.com, LLC "X.Commerce Development Center", Livefyre, Macromedia, Magento Commerce Design, Magento Commerce International Limited, MagentoTech Inc., MagentoTech LLC, Marketo, Marketo Canada Corporation, Marketo EMEA Limited, Marketo Inc., Marketo Solutions Ltd., Milestone Holdco LLC, Milestone Intermediate Holdings Inc., Milestone Topco Inc., Mixamo, Navisware, Neolane, Nitobi Software, OCR Systems, OKYZ, Oculus Medium, Omniture, Photoshop, Pixmantec, Q-Link Technologies, Sandcastle, Sayspring, Scene7, Serious Magic, Syntrillium Software, ToutApp Inc., Trade and Technologies France, TubeMogul, TubeMogul Inc., Typekit, Uru, Virtual Ubiquity, Workfront, Workfront Inc., Workfront Ltd, YaWah, and eSign Services.
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This page (NASDAQ:ADBE) was last updated on 5/9/2024 by MarketBeat.com Staff

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Adobe (ADBE) Stock Price, News & Analysis

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