AdobeADBE
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, 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: 30,709
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
43% more first-time investments, than exits
New positions opened: 202 | Existing positions closed: 141
17% more repeat investments, than reductions
Existing positions increased: 1,184 | Existing positions reduced: 1,009
1% more funds holding
Funds holding: 2,714 [Q2] → 2,738 (+24) [Q3]
4.6% less ownership
Funds ownership: 85.21% [Q2] → 80.61% (-4.6%) [Q3]
13% less capital invested
Capital invested by funds: $209B [Q2] → $183B (-$26.4B) [Q3]
32% less call options, than puts
Call options by funds: $5.45B | Put options by funds: $7.99B
37% less funds holding in top 10
Funds holding in top 10: 118 [Q2] → 74 (-44) [Q3]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Deutsche Bank Brad Zelnick 57% 1-year accuracy 8 / 14 met price target | 9%upside $475 | Hold Downgraded | 8 Jan 2025 |
Wells Fargo Michael Turrin 56% 1-year accuracy 49 / 87 met price target | 46%upside $640 | Overweight Maintained | 7 Jan 2025 |
UBS Karl Keirstead 82% 1-year accuracy 14 / 17 met price target | 9%upside $475 | Neutral Maintained | 3 Jan 2025 |
DA Davidson Gil Luria 65% 1-year accuracy 30 / 46 met price target | 43%upside $625 | Buy Maintained | 12 Dec 2024 |
Bernstein Mark Moerdler 62% 1-year accuracy 8 / 13 met price target | 34%upside $587 | Outperform Maintained | 12 Dec 2024 |
Financial journalist opinion
Based on 39 articles about ADBE published over the past 30 days
