|Bid||175.50 x 100|
|Ask||175.98 x 100|
|Day's Range||171.35 - 175.87|
|52 Week Range||98.00 - 175.87|
|PE Ratio (TTM)||61.18|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
After a drop in software deals this year, MoffettNathanson suggests Oracle, Salesforce, Adobe, Microsoft and others should make acquisitions in the coming quarters.
Stocks hit record highs on IBM, J&J, Adobe and the Senate's step toward tax cuts. Netflix wowed analysts, but investors gave mixed reviews. United Airlines and General Electric plunged.
Solid performance in Aerospace, Home and Building Technologies and Safety as well as Productivity Solutions segments drives Honeywell's (HON) third-quarter fiscal 2017 results year over year.
Shares of Adobe Systems hit an all-time high on Thursday as the company said it's deepening its commitment to artificial intelligence. Shares in the San Jose-based software company were up as much as 11.8 percent following its analyst day in Las Vegas, where the company gave optimistic guidance for fiscal 2018. Adobe stock is currently trading at $171.43.
Stocks that moved substantially or traded heavily Thursday: United Continental Holdings Inc., down $8.21 to $59.78 The parent of United Airlines said that weak prices will continue the rest of this year ...
Adobe Systems stock jumped to a record high on Thursday in the wake of the company's bullish 2018 forecast issued late Wednesday.
Stocks fought to a mixed finish Thursday, after a global sell off and a rash of sour company news and earnings reports sent the major U.S. indexes in the red
Shares of Adobe (ADBE) surged to the top of the S&P 500 after the tech company provided a bullish full-year 2018 forecast that blew past estimates. Adobe jumped 12.2% to close at $171.74 a share after earlier climbing above $172 to hit an all-time record high.
The Dow and S&P 500 turn around by the end of the session, making a remarkable recovery to end at new records with minor gains.
The company revealed that it expects revenue to be about $8.7 billion for fiscal 2018, marking a 20% increase compared to its fiscal 2017 sales, also topping Wall Street’s consensus estimate of $8.6 billion, according to data compiled by FactSet. In the earnings front, Adobe expects profit to be $5.50 per share on an adjusted basis, higher than analysts’ projections of $5.21 per share, also based on data compiled by FactSet. The forecast reflects “our continued momentum and leadership,” CEO Shantanu Narayen said in a statement.
Its a red day for the market, but one stock bucking that trend is Adobe Systems Incorporated (NASDAQ:ADBE). While I’m not one to usually chase rallies, I think ADBE stock is in the middle of a secular bull run. As the company has successfully transitioned to a cloud and subscription service-based business model, ADBE stock has taken off.
Adobe Systems Incorporated (NASDAQ: ADBE ) managed to wow the Street with its solid fiscal-year 2018 guidance issued at the financial analyst briefing held at the sidelines of its Adobe MAX user conference. ...
Solid performance in cloud subscriptions as well as software license order entry drives SAP SE (SAP)'s third-quarter fiscal 2017 results year over year. The company's full-year guidance is increased.
Adobe is hosting its Max conference this week -- and as usual, it's using the event to show off some of its latest experiments.
Shares of Adobe Systems (ADBE) were up more than 10% in morning trading Thursday after the company felt a bullish reaction to several key announcements at its annual Adobe MAX user conference.
Adobe Systems Inc. stock hit record highs in Thursday's session, after the software company provided preliminary forecasts for its 2018 fiscal year Wednesday afternoon. At its annual Adobe Max conference ...
Adobe gave strong earnings-per-share guidance for fiscal 2018 of $5.50 versus the $5.21 Thomson Reuters consensus at its analyst day.
The Halftime Report traders give you their final trades on four big movers: Apple, Brighthouse Financial, United Continental & Adobe.