Adobe
ADBE

$542.44

1.85%

Market Cap: 241B

About: Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing,g and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

Employees: 29,945

Information Technology Prepackaged Software

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 47 analysts

0

News positive %

of 53 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

15% more repeat investments, than reductions

Existing positions increased: 1,183 | Existing positions reduced: 1,028

1.75% less ownership

Funds ownership: 81.34% [Q4 2023] → 79.59% (-1.75%) [Q1 2024]

3% less funds holding

Funds holding: 2,750 [Q4 2023] → 2,673 (-77) [Q1 2024]

17% less capital invested

Capital invested by funds: $219B [Q4 2023] → $181B (-$38.1B) [Q1 2024]

21% less call options, than puts

Call options by funds: $6.4B | Put options by funds: $8.12B

28% less first-time investments, than exits

New positions opened: 196 | Existing positions closed: 273

59% less funds holding in top 10

Funds holding in top 10: 176 [Q4 2023] → 73 (-103) [Q1 2024]

See Fund Rankings

Research analyst outlook

47 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$445

18%

downside

Avg. target

$613

13%

upside

High target

$705

30%

upside

47 analyst ratings

35 positive

74%

10 neutral

21%

2 negative

4%

Piper Sandler Brent Bracelin	17%upside $635	Overweight Maintained	12 Jul 2024
Bernstein Mark Moerdler	22%upside $660	Outperform Maintained	17 Jun 2024
UBS Karl Keirstead	11%upside $600	Neutral Maintained	14 Jun 2024
Citigroup Tyler Radke	1%upside $550	Neutral Maintained	14 Jun 2024
Piper Sandler Brent Bracelin	29%upside $700	Overweight Maintained	14 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 53 articles about ADBE published over the past 30 days

3 High-Flying Tech Stocks Facing Valuation Concerns

It's been a hot summer for much of the country, but it's getting frosty if you're in the technology sector. Traders are starting to rotate out of overvalued tech stocks as they believe that lower interest rates may make some other sectors more attractive.

3 High-Flying Tech Stocks Facing Valuation Concerns

3 Overhyped Stocks to Avoid for a Dramatic Fall

Measuring a company's fair value, especially for overhyped stocks, is more difficult than it seems at first glance. It has to account for future growth, and that growth has to have a valid basis.

3 Overhyped Stocks to Avoid for a Dramatic Fall

Zacks Investment Research

Adobe Systems (ADBE) Rises As Market Takes a Dip: Key Facts

In the latest trading session, Adobe Systems (ADBE) closed at $532.15, marking a +0.21% move from the previous day.

Adobe Systems (ADBE) Rises As Market Takes a Dip: Key Facts

Business Insider

Adobe executive compared early termination fees to heroin for the company: court docs

US regulators say in a lawsuit against Adobe that an exec likened early termination fees to heroin. The DOJ and FTC sued the software company last month, alleging it violated consumer protection laws.

Adobe executive compared early termination fees to heroin for the company: court docs

Market Turmoil: 12 Blue-Chips To Buy If The Market Keeps Dropping

The market has been running hot in 2024, with S&P 500 up 13.9% year-to-date. Market experienced its first 2% or more pullback in 356 trading days, yesterday. Investors should be cautious with earnings season in full-swing amidst sky-high expectations and lofty valuations.

Market Turmoil: 12 Blue-Chips To Buy If The Market Keeps Dropping

The Motley Fool

Tech Bull Market: 2 No-Brainer Stocks to Buy Hand Over Fist Now

Zscaler is poised to benefit dramatically from the increasing adoption of zero-trust security architecture for protecting cloud and AI workloads. Adobe is capitalizing on advanced AI technologies to expand its addressable market and improve monetization of its large user base.

Tech Bull Market: 2 No-Brainer Stocks to Buy Hand Over Fist Now

ADBE Analysis: Don't Buy Adobe Stock Until It Falls to THIS Price

Here's a technology stock that definitely needs to be on your watch list. Adobe (NASDAQ: ADBE ) is known as a software company, though it's also involved with cloud computing.

ADBE Analysis: Don't Buy Adobe Stock Until It Falls to THIS Price

Zacks Investment Research

Why Adobe Systems (ADBE) is a Top Stock for the Long-Term

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

Why Adobe Systems (ADBE) is a Top Stock for the Long-Term

Zacks Investment Research

Investors Heavily Search Adobe Inc. (ADBE): Here is What You Need to Know

Adobe (ADBE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search Adobe Inc. (ADBE): Here is What You Need to Know

Adobe Unveils Powerful New Innovations in Illustrator and Photoshop Unlocking New Design Possibilities for Creative Pros

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) announced breakthrough innovations in its industry-leading professional design apps Adobe Illustrator and Adobe Photoshop that accelerate everyday creative workflows and give creators more control. From ideation to production, the new release of Illustrator unlocks new ways for pro designers and illustrators to more easily and quickly bring their vision to life across brand graphics, logos and icons, product packaging, marketing deli.

Adobe Unveils Powerful New Innovations in Illustrator and Photoshop Unlocking New Design Possibilities for Creative Pros

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