ADBE - Adobe Systems Incorporated

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
241.99
+3.21 (+1.34%)
As of 3:02PM EDT. Market open.
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Previous Close238.79
Open236.32
Bid241.61 x 1800
Ask241.72 x 800
Day's Range236.00 - 242.11
52 Week Range131.20 - 243.49
Volume1,534,983
Avg. Volume2,910,735
Market Cap119.175B
Beta0.76
PE Ratio (TTM)64.55
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2005-03-24
1y Target EstN/A
Trade prices are not sourced from all markets
  • Why Adobe Is Acquiring e-Commerce Company Magento
    Market Realist53 minutes ago

    Why Adobe Is Acquiring e-Commerce Company Magento

    Photoshop and PDF reader company Adobe (ADBE) announced on Monday, May 21 that it’s buying Magento, a privately-held e-commerce company, for $1.68 billion. The acquisition would give the software company an e-commerce platform that would combine Magento’s offerings with Adobe’s Experience Cloud.

  • Apple is missing out on billions of dollars by skirting the hottest trend in software
    CNBC3 hours ago

    Apple is missing out on billions of dollars by skirting the hottest trend in software

    Professional apps like Final Cut Pro and Logic Pro represent recurring revenue opportunities for Apple as the company builds its software business.

  • Adobe's New Buyback Program to Boost Shareholders' Confidence
    Zacks4 hours ago

    Adobe's New Buyback Program to Boost Shareholders' Confidence

    Adobe's (ADBE) board of directors authorizes the company to repurchase shares worth of $8 million in the new program.

  • Company News For May 23, 2018
    Zacks5 hours ago

    Company News For May 23, 2018

    Companies in the news are: MU,ADBE,FITB,AAP,MBFI

  • TheStreet.com6 hours ago

    Adobe-Magento Deal Highlights Escalating Cloud Wars

    $1.68 billion purchase of Permira-backed Magento Inc. highlights the growing competition with Salesforce.com Inc. "It was becoming increasingly apparent that Adobe really needed to add this e-commerce piece to fully build this robust digital marketing portfolio they have established over the last several years," Morningstar Inc. analyst Rodney Nelson said. Adobe initially pursued Demandware Inc., Nelson observed, before Salesforce acquired the e-commerce platform for $2.8 billion in 2016.

  • InvestorPlace18 hours ago

    Even With Rising Bond Yields, Dividend Stocks Reign Supreme

    Specifically, the dividend yield for the S&P 500, as a whole, was surpassed by the yield of three-month Treasuries. What matters most to investors here is getting a grip on whether dividend stocks are (relatively speaking) assets or liabilities. Many of the S&P 500’s strongest constituents like Adobe Systems Incorporated (NASDAQ:ADBE) and Facebook, Inc. (NASDAQ:FB) are more than capable of paying a healthy dividend, but choose not to pay one at all.

  • TheStreet.com21 hours ago

    Adobe Isn't Just Going After Shopify With Its Latest Acquisition

    Buying Magento gives Adobe another arrow in its quiver as it battles the likes of Salesforce and Oracle for large enterprise deals. Remarks made during a conference call suggested Adobe is more keen on helping Magento, whose sales have skewed towards mid-sized businesses, expand in the enterprise than having Magento go after small businesses, which account for a large portion of Shopify's revenue.

  • Associated Press22 hours ago

    Tata Motors and Micron Technology rise; Toll Brothers slumps

    Stocks that moved substantially or traded heavily Tuesday: J.C. Penney Co., down 15 cents to $2.35 The department store said Chairman and CEO Marvin Ellison is leaving to become CEO of Lowe's. Adobe Systems ...

  • TheStreet.com23 hours ago

    Adobe's Purchase of Magento Goes After Salesforce and Oracle as Much as Shopify

    It also looks as if Adobe, having successfully transitioned much of the customer base for its content/media-creation software franchises to subscription offerings, is now hungry to expand its reach in fast-growing online marketing and commerce fields. The company also claims an ecosystem of 300,000-plus developers creating software extensions and services that integrate with its offerings. In some respects, all of that has much in common with what Shopify, whose shares are down nearly 4% on news of the Magento deal, provides its clients.

  • Adobe's (ADBE) Magento Acquisition Affects Shopify & Wix
    Zacksyesterday

    Adobe's (ADBE) Magento Acquisition Affects Shopify & Wix

    Adobe Systems (ADBE) is set to acquire cloud-based e-commerce content management system (CMS) software provider Magento for $1.68 billion.

  • Investopediayesterday

    Adobe Acquires Shopify Rival Magento for $1.7B

    Adobe's purchase enters the Photoshop owner into the cloud-based commerce service market.

  • Shopify Stock Comes Under Fire
    Motley Foolyesterday

    Shopify Stock Comes Under Fire

    Adobe snaps up a smaller Shopify rival, and Citron Research has Shopify in its crosshairs again.

  • TheStreet.comyesterday

    Red Hot Micron Is Still One Heck of a Bargain

    Well, yes, stocks in general thanks to a great earnings season and broadly improved corporate conditions going forward. Micron announced revenue for the third quarter would land in the $7.7 billion to $7.8 billion range, up from prior guidance of $7.2 billion to $7.6 billion. announced that their co-developed QLC NAND flash memory is now available.

  • Shopify shares down as rival Magento gets bought by Adobe
    Reutersyesterday

    Shopify shares down as rival Magento gets bought by Adobe

    (Reuters) - U.S.-listed shares in Canadian e-commerce software maker Shopify Inc (SHOP.N) fell around 2 percent before the bell on Tuesday after Adobe Systems Inc (ADBE.O) announced it was buying rival ...

  • Reutersyesterday

    Shopify shares down as rival Magento gets bought by Adobe

    U.S.-listed shares in Canadian e-commerce software maker Shopify Inc fell around 2 percent before the bell on Tuesday after Adobe Systems Inc announced it was buying rival Magento Commerce. Magento, which ...

  • Dow Jones Futures: This Top Chip Stock Leads Techs Early
    Investor's Business Dailyyesterday

    Dow Jones Futures: This Top Chip Stock Leads Techs Early

    Stock futures rose Tuesday. Pure Storage, Micron Technology, Adobe Systems, Shopify and SailPoint Technologies were notable overnight winners or losers.

  • Adobe to buy Magento Commerce for $1.68 billion
    Reuters2 days ago

    Adobe to buy Magento Commerce for $1.68 billion

    Shares of Adobe rose about 1 percent in extended trading after the Photoshop maker also said it would buy back up to $8 billion of shares through its fiscal year 2021. Adobe said the deal will help bolster its Experience Cloud business, which provides services including analytics, advertising and marketing. “Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce – enabling real-time experiences across the entire customer journey,” Brad Rencher, an executive vice president and general manager at Adobe, said in a statement.

  • Reuters2 days ago

    Adobe to buy Magento Commerce for $1.68 billion

    Shares of Adobe rose about 1 percent in extended trading after the Photoshop maker also said it would buy back up to $8 billion of shares through its fiscal year 2021. Adobe said the deal will help bolster its Experience Cloud business, which provides services including analytics, advertising and marketing. “Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce – enabling real-time experiences across the entire customer journey,” Brad Rencher, an executive vice president and general manager at Adobe, said in a statement.

  • The Wall Street Journal2 days ago

    [$$] Adobe to Buy E-Commerce Firm Magento Commerce for $1.68 Billion

    Inc., the elder software-business statesman behind photo-editing software Photoshop and PDF reader, is buying e-commerce firm Magento Commerce for $1.68 billion, adding a key piece to its platform. Inc. as part of a $925 million deal by a group of investors that included Permira, Sterling Partners, Longview Asset Management and Innotrac Corp. Permira carved out Magento in November of that year.

  • Fortune2 days ago

    Adobe to Buy Magento Commerce For $1.68 Billion

    Magento Commerce used to be owned by eBay and sells tech that lets companies do online shopping.

  • Adobe To Acquire E-Commerce Firm Magento, Sets New $8 Billion Buyback
    Investor's Business Daily2 days ago

    Adobe To Acquire E-Commerce Firm Magento, Sets New $8 Billion Buyback

    Adobe Systems late Monday said it has agreed to purchase privately-held Magento Commerce for $1.68 billion, sending down shares in its e-commerce rival, Shopify, in late trades.

  • EBay spinoff's value goes from $150 million to $1.68 billion in Adobe buyout
    American City Business Journals2 days ago

    EBay spinoff's value goes from $150 million to $1.68 billion in Adobe buyout

    The Campbell-based company was reportedly valued at about $700 million last year when Hillhouse, one of China's biggest private equity investors, poured $250 million into it.

  • CNBC2 days ago

    Shopify slumps after Adobe announces acquisition of e-commerce rival Magento

    Shares of e-commerce platform Shopify plunged almost 5 percent after Adobe said it acquired a rival e-commerce platform. Adobe said it's paying $1.68 billion for Magento Commerce. Shares of e-commerce platform Shopify SHOP-CA plunged as much as 5 percent after Adobe ADBE announced the acquisition of rival e-commerce platform Magento Commerce.

  • MarketWatch2 days ago

    Adobe to buy commerce platform Magento for $1.68 billion

    Adobe Systems Inc. said late Monday it had agreed to buy commerce platform Magento Commerce for $1.68 billion, subject to adjustments. "The Magento Platform brings together digital commerce, order management and predictive intelligence into a unified commerce platform enabling shopping experiences across a wide array of industries," Adobe said in a statement. Magento Chief Executive Mark Lovelle will remain at the helm at Magento as part of Adobe's digital experience business, the company said.

  • Adobe to buy Magento for $1.68 billion
    CNBC Videosyesterday

    Adobe to buy Magento for $1.68 billion

    CNBC's Jon Fortt reports on Adobe's acquisition of e-commerce company Magento.