|Bid||386.61 x 800|
|Ask||387.42 x 1000|
|Day's Range||377.10 - 389.04|
|52 Week Range||255.13 - 391.27|
|Beta (5Y Monthly)||0.90|
|PE Ratio (TTM)||58.58|
|Earnings Date||Jun 11, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 24, 2005|
|1y Target Est||339.58|
Adobe has been a volatile stock in 2020, like most of the rest of the stocks in the market. Meanwhile, as it navigates a global recession, Adobe is showing that its operations are more relevant than ever and growing. Because what looks particularly cheap today is probably cheap because it's a business model that's likely to face questionable prospects ahead.
Managers of hedge funds and mutual funds are worlds apart on a lot of investing decisions, but do have some overlap. Investors may be able to learn from both.
Adobe (NASDAQ:ADBE) has had a great run on the share market with its stock up by a significant 13% over the last...
Adobe Systems (ADBE) closed at $375.17 in the latest trading session, marking a -0.39% move from the prior day.
(Bloomberg) -- Adobe Inc., the maker of Photoshop, said some of its applications were knocked offline Wednesday by “major” technical issues.There were four major issues, down from 13 earlier, and 12 minor issues affecting Creative Cloud, Experience Cloud, Adobe Services and the Adobe Experience Platform as of 2 p.m. in New York, the San Jose, California-based company said. Adobe’s engineers were also trying to resolve other potential issues in progress.“We’re working urgently to get back online as soon as possible,” Adobe told users in a tweet. A spokesman said the technical issues aren’t security related.Major public-cloud vendors Amazon.com Inc., Microsoft Corp. and Alphabet Inc.’s Google reported no service issues, so the problems appear to be isolated with the software company. Adobe’s shares declined 1.6% to $370.76. The stock gained 14% this year through Tuesday’s close.Millions of people rely on Adobe’s creative and document apps. The company said its Creative Cloud apps have been downloaded 376 million times, and users opened 250 million PDFs with an Adobe program in the last year. Many businesses use Adobe’s marketing, advertising and analytics tools, which were disrupted by the technical problems.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Shopify, Zoom Video, ServiceNow and other software growth stocks fell on Wednesday as the coronavirus lockdown eased and investors took profits on work-from-home and e-commerce plays.
The instillation comes from the company's innovative Sneaks program, which leverages the latest technology.
Adobe (NASDAQ: ADBE) and Salesforce (NYSE: CRM) are two cloud computing stocks that have outperformed the broader market throughout the COVID-19 crisis. Adobe's stock advanced nearly 20% this year as its Creative Cloud services, marketing services, and analytics tools locked in mainstream and enterprise customers. Salesforce's stock rose nearly 10% as its market-leading customer relationship management (CRM) tools faced only limited disruptions from COVID-19.
Shopify's (NYSE: SHOP) platform allows its merchants to accept payments in bitcoin, Litecoin, Ethereum, and over 300 other types of cryptocurrencies. It recently expanded that reach by partnering with cryptocurrency payments processor CoinPayments, which helps merchants process 1,800 types of cryptocurrencies. Shopify claims the partnership will "make cryptocurrency transactions easier and more accessible while reducing transaction fees."
In this article we will check out the progression of hedge fund sentiment towards Adobe Inc. (NASDAQ:ADBE) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]
The Zacks Analyst Blog Highlights: Intel, Adobe, Advanced Micro Devices, Wynn Resorts and Everest Re Group
Narrower market breadth means a lot of businesses are facing headwinds, and that investors are piling into just a few names. It is worth considering in picking stocks for the second half of 2020.
American Century recently released its Q1 2020 Investor Letter, a copy of which you can download below. American Century Focused Global Growth Fund posted a return of -16.95% for the quarter, outperforming its benchmark, the MSCI ACWI Index which returned -21.37% in the same quarter. You should check out American Century’s top 5 stock picks […]
Software growth stocks feasted on cloud computing, digital transformation and AI projects. Amid the coronavirus emergency, software stocks with subscription-based, recurring revenue stand out.
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Microsoft, Netflix and Nvidia.
COVID-19 has had an impact on pricing and consumer behavior, with some analysts forecasting long-term changes.
Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) are often considered the top stocks in the cloud market. After all, Amazon Web Services (AWS) and Microsoft's Azure are the two largest cloud infrastructure platforms in the world, and both companies are leveraging their sprawling ecosystems to gain more customers. Amazon and Microsoft are still great investments, but investors shouldn't neglect other promising plays on the public cloud market, which could grow at a compound annual growth rate of 21% between 2018 and 2022, according to Forrester Research.
Adobe Systems Inc.'s (NASDAQ: ADBE) stock has climbed an incredible 358% over the last five years and has delivered a 10-bagger for investors who've held the stock for the last decade. Adobe reports its revenue in three segments: Digital Media (made up of its Creative Cloud and Document Cloud products), Digital Experience, and Publishing (a small set of legacy products). Because its Creative Cloud is its largest moneymaking product set, it's separated in the table below.