Adobe
ADBE

$563.41

1.22%

Market Cap: $250B

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: 29,945

Information Technology Prepackaged Software

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 23 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

57% more funds holding in top 10

Funds holding in top 10: 74 [Q1] → 116 (+42) [Q2]

13% more repeat investments, than reductions

Existing positions increased: 1,156 | Existing positions reduced: 1,024

8% more capital invested

Capital invested by funds: $186B [Q1] → $201B (+$15B) [Q2]

0.21% more ownership

Funds ownership: 81.84% [Q1] → 82.05% (+0.21%) [Q2]

1% less funds holding

Funds holding: 2,703 [Q1] → 2,682 (-21) [Q2]

9% less first-time investments, than exits

New positions opened: 203 | Existing positions closed: 224

19% less call options, than puts

Call options by funds: $6.58B | Put options by funds: $8.11B

See Fund Rankings

Research analyst outlook

23 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$450

20%

downside

Avg. target

$606

8%

upside

High target

$700

24%

upside

23 analyst ratings

17 positive

74%

5 neutral

22%

1 negative

4%

Stifel Parker Lane 38% 1-year accuracy 15 / 39 met price target	15%upside $650	Buy Maintained	6 Sept 2024
Oppenheimer Brian Schwartz 65% 1-year accuracy 20 / 31 met price target	11%upside $625	Outperform Reiterated	4 Sept 2024
Barclays Saket Kalia 54% 1-year accuracy 27 / 50 met price target	20%upside $675	Overweight Maintained	4 Sept 2024
RBC Capital Matthew Swanson 75% 1-year accuracy 15 / 20 met price target	6%upside $600	Outperform Reiterated	1 Aug 2024
Piper Sandler Brent Bracelin 47% 1-year accuracy 66 / 141 met price target	13%upside $635	Overweight Maintained	12 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 34 articles about ADBE published over the past 30 days

Investors Business Daily

Adobe Is Successfully Monetizing Generative AI, Analyst Says

Digital media and marketing software firm Adobe is making significant progress in monetizing its AI offerings, an analyst says.

Adobe Is Successfully Monetizing Generative AI, Analyst Says

Investors Business Daily

Sellers Knock Nasdaq Lower, But Oracle, Adobe Show Strength Ahead Of Quarterly Results

The Nasdaq might look vulnerable below its 50-day moving average, but Oracle and Adobe look strong ahead of their quarterly earnings reports.

Sellers Knock Nasdaq Lower, But Oracle, Adobe Show Strength Ahead Of Quarterly Results

24/7 Wall Street

Market Correction Alert: Buy These 3 Tech Stocks In September

Investors looking to make the best of what's left of summer, and buy a few growth stocks before the next leg of the bull market takes off, I've got a warning for you.

Market Correction Alert: Buy These 3 Tech Stocks In September

Adobe to Announce Q3 FY2024 Earnings Results on Sept. 12

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) announced it will release its third quarter fiscal year 2024 results after the market closes on Thursday, Sept. 12, 2024, followed by a conference call with investors from 2-3 p.m. Pacific Time. The conference call will be streamed live on the Adobe Investor Relations Site. Following the call, a recording and related materials will be available on the site. Additionally, Adobe announced it will host a Q&A session with company lea.

Adobe to Announce Q3 FY2024 Earnings Results on Sept. 12

Zacks Investment Research

Why Adobe Systems (ADBE) is a Top Stock for the Long-Term

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

Why Adobe Systems (ADBE) is a Top Stock for the Long-Term

Load Up on Adobe Stock and These 2 Others This September, J.P. Morgan Says

Adobe shares are up 31% over the past three months, having rallied after a strong quarterly earnings report that highlighted strong demand for the software developer's AI products.

Load Up on Adobe Stock and These 2 Others This September, J.P. Morgan Says

24/7 Wall Street

3 Tech Stocks to Buy Before the Summer Ends

Investors looking for the next stage of economic growth are largely focused on the tech sector.

3 Tech Stocks to Buy Before the Summer Ends

Zacks Investment Research

Scoop up These 4 GARP Stocks to Receive Handsome Returns

The GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. HCA, ADBE, WRB and VERX are some stocks that hold promise.

Scoop up These 4 GARP Stocks to Receive Handsome Returns

Zacks Investment Research

Is Trending Stock Adobe Inc. (ADBE) a Buy Now?

Adobe (ADBE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Is Trending Stock Adobe Inc. (ADBE) a Buy Now?

10 High-Yield A-Rated Blue-Chips For Potentially Scary Times Ahead

The economy is stable but cooling, with the labor market showing signs of slowing down. GDP growth is likely to keep falling, and individual companies could suffer. Long-term investors should focus on companies with strong risk management and adaptability to changing economic conditions, ensuring consistent returns and dividend growth. These 10 companies average an A-credit rating and S&P risk management in the top 0.4% of global companies.

10 High-Yield A-Rated Blue-Chips For Potentially Scary Times Ahead

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