ADBE - Adobe Systems Incorporated
253.50 +1.76 (0.70%)
Pre-Market: 5:00AM EDT
| Previous Close | 255.69 |
| Open | 251.83 |
| Bid | 253.50 x 2200 |
| Ask | 254.00 x 800 |
| Day's Range | 247.90 - 253.65 |
| 52 Week Range | 138.31 - 258.91 |
| Volume | 3,134,398 |
| Avg. Volume | 3,004,409 |
| Market Cap | 123.974B |
| Beta | 0.80 |
| PE Ratio (TTM) | 58.02 |
| EPS (TTM) | 4.34 |
| Earnings Date | Sep 13, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2005-03-24 |
| 1y Target Est | 239.60 |
- Investor's Business Daily•14 hours ago
Warren Buffett Stocks: See Who Joins Nvidia, Adobe On This Screen
See who joins Nvidia, Adobe and Five Below on this screen based on the stock-picking criteria of Warren Buffett, including quality management and long-term, sustainable growth.
- Market Realist•17 hours ago
Here’s How Adobe Performed in Its Most Recent Quarter
Software giant Adobe (ADBE) reported its fiscal second-quarter1 numbers on June 14, and they were impressive. The company’s revenue rose 23.9% YoY (year-over-year) to $2.2 billion, beating analysts’ estimate of $2.16 billion. Additionally, Adobe’s net income grew by an impressive 77% YoY to $663.2 million, topping analysts’ estimate of $602.1 million. As the graph below shows, the company’s revenue has grown consistently, by over 20% YoY.
- Market Realist•21 hours ago
What the Technical Indicators Say about SAP Stock
So far in this series, we’ve discussed acquisitions made by SAP (SAP), Oracle (ORCL), and Adobe (ADBE). We’ve also discussed the factors that have served as catalysts for SAP stock reaching an all-time high this week.
- Business Wire•21 hours ago
Adobe Completes Acquisition of Magento Commerce
Adobe (ADBE) today announced the completion of its acquisition of Magento Commerce, a market-leading commerce platform. The addition of the Magento Commerce Cloud to the Adobe Experience Cloud will deliver a single, end-to-end digital experience platform including content creation, marketing, advertising, analytics and commerce for B2B and B2C customers. The Magento Platform brings together digital commerce, order management and predictive intelligence to enable shopping experiences that scale for businesses of any size.
- Zacks•22 hours ago
The Zacks Analyst Blog Highlights: Microsoft, Home Depot, Verizon, Adobe and PPG
The Zacks Analyst Blog Highlights: Microsoft, Home Depot, Verizon, Adobe and PPG
- Market Realist•22 hours ago
Why SAP, ORCL, and ADBE Are Drawn to Customer Management
Earlier in the series, we discussed SAP’s (SAP) recent acquisition and the launch of its new offering, C/4HANA, which targets the CRM (customer relationship management) space. Adobe (ADBE) and Oracle (ORCL) are also making strategic acquisitions and launching their product offerings to gain a strong foothold in the space. According to Gartner, global CRM software revenue soared to $39.5 billion in 2017 and overtook database management systems revenue, which reached $36.8 billion last year.
- Investopedia•yesterday
Adobe's Stock Seen Rising on Robust Profit Growth
Adobe Systems Inc. ( ADBE) stock has skyrocketed higher over the past year, climbing by over 85 percent to roughly $255.50 per share. Adobe reported better than expected quarterly results on June 14 for its fiscal second-quarter, topping estimates on both the top and bottom lines.
- Business Wire•yesterday
Adobe Delivers New Adobe Sign Innovation; Advances Microsoft Partnership
Adobe (ADBE) today announced powerful new enhancements to Adobe Document Cloud with advancements for Adobe Sign and new PDF integrations across Microsoft Office 365. Adobe Sign is now more deeply integrated with Microsoft Dynamics 365, providing real-time access to customer details from LinkedIn Sales Navigator and more automated sales processes. Adobe Sign is now also the first Cloud Service Provider in the industry to receive FedRAMP Tailored authorization that meets the government’s rigorous security standards, so Adobe Document Cloud can be quickly deployed across U.S. Federal agencies.
- Business Wire•2 days ago
Adobe Appoints Dana Rao General Counsel
Today Adobe (ADBE) announced it has appointed Dana Rao as executive vice president and General Counsel, effective immediately. Rao will succeed Mike Dillon, who announced his intent to retire earlier this year. Rao will report to Adobe president and CEO Shantanu Narayen and will oversee all of Adobe’s legal and government relations matters.
- Investor's Business Daily•2 days ago
Trade-War Fears Persist; Intel Weighs On Dow; JD.com Buoys Nasdaq
Lingering trade-war fears carried over to the stock market near midday Monday, but the selling was mostly focused in blue-chip stocks as Intel and Walt Disney weighed on the Dow.
- Zacks•2 days ago
Top Stock Reports for Microsoft, Home Depot & Verizon
Top Stock Reports for Microsoft, Home Depot & Verizon
Market Realist•2 days agoHow Adobe’s Acquisition of Magento Affects Oracle
While Magento ensured Adobe’s entry into the e-commerce space, DataScience.com is expected to give Oracle’s efforts a boost in the AI and machine-learning spaces, which are viewed as two of the fastest-growing segments in the technology sector. According to a study done by Aheadworks, an industry partner of Magento, WooCommerce and Magento held market shares of 18% and 16%, respectively, in the fragmented web store space in 2017.
- Market Realist•2 days ago
Why Adobe Acquired Magento
Earlier in the series, we discussed the acquisitions of Coresystems and DataScience.com by SAP (SAP) and Oracle (ORCL), respectively. On May 21, Adobe (ADBE) announced its acquisition of Magento Commerce for $1.7 billion. Discussing how this acquisition would boost Adobe’s offerings and its presence in the commerce space, Brad Rencher, executive vice president of digital experience at Adobe, said, “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.
- Market Realist•2 days ago
What Were Tiger Management’s Top Holdings in Q1 2018?
Julian Robertson is the founder and chair of Tiger Management. In the previous part of this series, we discussed that he has an optimistic outlook on the US technology sector (QQQ) and the US financial sector. In this part, we’ll look at Tiger Management’s top buys in the first quarter of 2018.
- Thomson Reuters StreetEvents•4 days ago
Edited Transcript of ADBE earnings conference call or presentation 14-Jun-18 9:00pm GMT
Q2 2018 Adobe Systems Inc Earnings Call
- Associated Press•5 days ago
Boeing, Adobe and Jabil drop while Canada Goose soars
Stocks that moved substantially or traded heavily Friday: Boeing Co., down $4.54 to $357.88 Industrial company stock fell after the U.S. announced tariffs on $50 billion in Chinese imports and China vowed ...
- Investor's Business Daily•5 days ago
Dow Jones Lags, Nasdaq Soars Amid Trump, Fed, AT&T-Time Warner: Weekly Review
The Nasdaq rose to a new high while the Dow retreated amid Trump trade moves. A federal judge OK'd the AT&T-Time Warner deal while the Fed sees more rate hikes. RH and Etsy soared.
- TheStreet.com•5 days ago
Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods
The U.S. imposed tariffs on about $50 billion in imports from China. closed the $85.4 billion purchase Time Warner Inc. For the week the Dow fell 0.89%, the S&P 500 rose 0.01% and the Nasdaq climbed 1.32%.
- Investor's Business Daily•5 days ago
Trade War Fears Abate As Market Recovers Off Lows; IPO Avalara Soars
Trade war fears were back on the front burner Friday, but after falling 1.1% intraday, the Dow Jones industrial average ended with a loss of just 0.3%.
- Barrons.com•5 days ago
Tech Today: AMD's Rising Prospects, Apple's iPhone Plans, Defending Adobe
Here are some things going on today in the world of tech: Tech has another in a long line of cloud initial public offerings this year, with shares of Avalara (AVLR) soaring 68% from their offer price of $24, to a recent $66.71. As expected, the Trump administration has proposed new tariffs on Chinese exports this morning, $50 billion of goods, with President Trump issuing a statement that referenced “my great friendship with President Xi of China,” but also pointing to trade between the U.S. and China that has been “very unfair for a very long time.” As expected, China’s nascent high-tech industry is in focus here. Without specifying the items under export, the President stated “the United States will implement a 25 percent tariff on $50 billion of goods from China that contain industrially significant technologies.
- Investor's Business Daily•5 days ago
Adobe Stock Nabs Price-Target Hikes After Beat-And-Raise Report
Adobe stock received a bunch of price-target increases from Wall Street analysts after the company delivered better-than-expected fiscal second-quarter results and guided higher for the current quarter late Thursday.
- InvestorPlace•5 days ago
The Rally In Adobe Systems Incorporated Stock May Be Pausing
One of my favorite cloud stocks over the past several years has been Adobe Systems Incorporated (NASDAQ:ADBE). At its core, Adobe is a giant creative solutions company that offers cloud-based and data-driven services and operates without much competition. Plus, without viable competition, Adobe is free to hike prices without any user churn, thus adding significant firepower to the company’s margin expansion potential.
- Fortune•5 days ago
‘Old Codger’ Adobe Pulls Off Rare Tech Transformation
Most sales are now from cloud subscriptions.
Market Realist•5 days agoIs SAP Aiming for a Bigger Share in Customer Management?
In the previous article, we discussed SAP’s (SAP) recent acquisition of Coresystems, which should strengthen its position in the customer software space. Last week, SAP announced a new offering, C/4HANA. C/4HANA is SAP’s fourth-generation customer experience suite, which the company has developed by bundling all its front office software.
- InvestorPlace•5 days ago
Why It’s Time to Catch Adobe Systems Incorporated Stock as It Falls
Adobe Systems Incorporated (NASDAQ:ADBE) reported earnings last night and investors are selling the stock on the headline. Management beat bottom-line expectations, but only met revenue expectations, albeit at record levels. This is a relative term these days made worse because we just had new all time highs in the NASDAQ, where we see massive moves on frothy momentum tickers.
