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ADBE

ADBE - Adobe Inc Stock Price, Fair Value and News

551.00USD-5.85 (-1.05%)Market Closed

Market Summary

ADBE
USD551.00-5.85
Market Closed
-1.05%

ADBE Alerts

  • 4 major insider sales recently.

ADBE Stock Price

View Fullscreen

ADBE RSI Chart

ADBE Valuation

Market Cap

244.3B

Price/Earnings (Trailing)

48.1

Price/Sales (Trailing)

11.96

EV/EBITDA

32.37

Price/Free Cashflow

38.37

ADBE Price/Sales (Trailing)

ADBE Profitability

Operating Margin

88.24%

EBT Margin

31.57%

Return on Equity

34.22%

Return on Assets

16.93%

Free Cashflow Yield

2.61%

ADBE Fundamentals

ADBE Revenue

Revenue (TTM)

20.4B

Rev. Growth (Yr)

10.24%

Rev. Growth (Qtr)

2.45%

ADBE Earnings

Earnings (TTM)

5.1B

Earnings Growth (Yr)

21.47%

Earnings Growth (Qtr)

153.71%

Breaking Down ADBE Revenue

Last 7 days

-1.4%

Last 30 days

5.5%

Last 90 days

18.5%

Trailing 12 Months

6.6%

How does ADBE drawdown profile look like?

ADBE Financial Health

Current Ratio

1.16

Debt/Equity

0.28

Debt/Cashflow

1.6

ADBE Investor Care

Buy Backs (1Y)

2.72%

Diluted EPS (TTM)

11.14

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202419.9B20.4B00
202318.0B18.4B18.9B19.4B
202216.1B16.7B17.2B17.6B
202113.7B14.4B15.1B15.8B
202011.7B12.0B12.4B12.9B
20199.6B10.1B10.6B11.2B
20187.7B8.1B8.6B9.0B
20176.2B6.5B6.9B7.3B
20165.1B5.3B5.6B5.9B
20154.3B4.4B4.6B4.8B
20144.0B4.1B4.1B4.1B
20134.4B4.3B4.2B4.1B
20124.2B4.3B4.4B4.4B
20114.0B4.0B4.1B4.2B
20103.0B3.3B3.5B3.8B
20093.5B3.3B3.1B2.9B
200803.3B3.4B3.6B
20070003.2B
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Tracking the Latest Insider Buys and Sells of Adobe Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jul 16, 2024
belsky scott
sold
-395,785
564
-701
chief strategy officer & evp
Jul 16, 2024
garfield mark s.
sold
-85,254
564
-151
svp & cao
Jul 15, 2024
chen gloria
acquired
-
-
1,212
evp, chief people officer
Jul 15, 2024
chakravarthy anil
sold (taxes)
-334,900
565
-592
president, dx
Jul 15, 2024
narayen shantanu
sold (taxes)
-971,324
565
-1,717
chair and ceo
Jul 15, 2024
wadhwani david
sold (taxes)
-334,900
565
-592
president, digital media
Jul 15, 2024
garfield mark s.
acquired
-
-
299
svp & cao
Jul 15, 2024
rao dana
acquired
-
-
1,212
evp, gen. counsel & secretary
Jul 15, 2024
belsky scott
sold
-857,152
560
-1,530
chief strategy officer & evp
Jul 15, 2024
durn daniel
acquired
-
-
1,783
evp & cfo

1–10 of 50

Which funds bought or sold ADBE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
Bey-Douglas LLC
reduced
-7.37
111,688
5,747,060
5.32%
Jul 19, 2024
MONECO Advisors, LLC
reduced
-85.6
-1,935,010
364,623
0.05%
Jul 19, 2024
AAFMAA Wealth Management & Trust LLC
reduced
-1.37
138,667
1,754,400
0.86%
Jul 19, 2024
Integrated Investment Consultants, LLC
unchanged
-
-
219,501
0.06%
Jul 19, 2024
Riverwater Partners LLC
reduced
-3.07
22,102
351,101
0.26%
Jul 19, 2024
Zhang Financial LLC
reduced
-18.18
-169,078
1,534,960
0.11%
Jul 19, 2024
Boomfish Wealth Group, LLC
reduced
-1.31
186,098
2,337,710
1.51%
Jul 19, 2024
BOSTON MOUNTAIN MONEY MANAGEMENT INC
unchanged
-
30,309
330,546
0.22%
Jul 19, 2024
Financial Partners Group, Inc
reduced
-13.85
-25,734
473,262
0.07%
Jul 19, 2024
RAYMOND JAMES & ASSOCIATES
reduced
-0.19
25,979,100
288,650,000
0.19%

1–10 of 49

Are Funds Buying or Selling ADBE?

Are funds buying ADBE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ADBE
No. of Funds

Unveiling Adobe Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.84%
40,262,670
SC 13G/A
Jan 25, 2024
blackrock inc.
8.3%
37,969,080
SC 13G/A
Feb 09, 2023
vanguard group inc
8.48%
39,402,963
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 06, 2023
blackrock inc.
7.9%
36,910,590
SC 13G/A
Feb 09, 2022
vanguard group inc
8.08%
38,433,923
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 01, 2022
blackrock inc.
7.9%
37,526,571
SC 13G/A
Feb 10, 2021
vanguard group inc
7.98%
38,284,290
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G/A

Recent SEC filings of Adobe Inc

View All Filings
Date Filed Form Type Document
Jul 18, 2024
8-K
Current Report
Jul 17, 2024
4
Insider Trading
Jul 17, 2024
4
Insider Trading
Jul 17, 2024
4
Insider Trading
Jul 17, 2024
4
Insider Trading
Jul 17, 2024
4
Insider Trading
Jul 17, 2024
4
Insider Trading
Jul 17, 2024
4
Insider Trading
Jul 17, 2024
4
Insider Trading
Jul 16, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Adobe Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.2T
236.6B
-2.07% 26.01%
37.69
13.73
13.97% 24.86%
244.3B
20.4B
5.51% 6.60%
48.1
11.96
10.85% 4.64%
73.9B
3.3B
-21.70% 105.98%
561.53
22.51
34.26% 187.06%
42.0B
22.9B
10.03% -10.58%
95.55
1.83
23.28% 285.17%
14.5B
3.9B
7.47% 3.16%
23.14
3.73
7.01% 28.42%
MID-CAP
10.3B
2.8B
3.23% 17.38%
20.58
3.68
0.20% 52.82%
7.4B
619.6M
-8.78% 24.12%
773.8
11.96
7.11% 116.83%
6.7B
605.7M
-0.27% 20.48%
-35.52
11.06
18.08% 24.38%
4.4B
1.5B
15.05% 72.81%
29.91
2.95
6.51% 54.77%
2.5B
560.0M
31.67% -26.99%
-23.7
4.55
14.52% 34.67%
SMALL-CAP
1.3B
1.2B
9.98% -16.41%
19.84
1.12
3.70% 27.53%
1.0B
254.7M
1.27% -3.56%
22.07
3.96
-7.51% 2.74%
550.5M
634.3M
36.71% 46.86%
-18.86
0.87
9.43% -197.31%
10.4M
15.3M
- -20.63%
-1.03
0.68
-7.99% -1417.41%
8.3M
26.4M
-37.76% -80.50%
-0.72
0.31
212.19% -94.63%

Adobe Inc News

Latest updates
MarketBeat8 hours ago
American Banking and Market News46 hours ago
MarketBeat17 Jul 202405:51 pm
Seeking Alpha08 Jul 202407:00 am
Yahoo Finance08 Jul 202407:00 am

Adobe Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue2.5%5,3095,1825,0484,8904,8164,6554,5254,4334,3864,2624,1103,9353,8353,9053,4243,2253,1283,0912,9922,8342,744
Cost Of Revenue1.4%598590634580572568568546539512507467444447428427415452453416407
Gross Profit2.6%4,7114,5924,4144,3104,2444,0873,9573,8873,8473,7503,6033,4683,3913,4582,9962,7982,7132,6392,5402,4182,337
Operating Expenses-23.3%2,8263,6852,6712,6132,6202,5012,4522,4032,3182,1702,1022,0271,9852,0041,7811,7291,6971,7021,5701,5641,587
  S&GA Expenses6.9%1,4451,3521,3681,3371,3451,3011,2971,2661,2471,1581,1311,0681,0731,049941892901857802812849
EBITDA Margin1.5%0.36*0.36*0.40*0.40*0.39*0.39*0.40*0.40*0.41*0.42*0.42*0.42*---------
Interest Expenses51.9%41.0027.0028.0027.0026.0032.0028.0028.0028.0028.0028.0027.0028.0030.0027.0028.0028.0033.0036.0040.0040.00
Income Taxes2.6%357348325340355351341320314277235206270172-1,053105-100-36.0010642.0078.00
Earnings Before Taxes99.4%1,9309681,8081,7431,6501,5981,5171,4561,4921,5431,4681,4181,3861,4331,1971,0601,000919957835711
EBT Margin2.0%0.32*0.31*0.35*0.34*0.34*0.34*0.34*0.35*0.35*0.36*0.36*0.36*---------
Net Income153.7%1,5736201,4831,4031,2951,2471,1761,1361,1781,2661,2331,2121,1161,2612,2509551,100955852793633
Net Income Margin3.2%0.25*0.24*0.28*0.27*0.26*0.26*0.27*0.28*0.29*0.30*0.31*0.39*---------
Free Cashflow67.0%1,8991,1371,5501,7822,0181,5922,2341,5791,9141,6691,9671,309---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets4.4%30,00728,75129,77929,09027,83826,66727,16526,74426,32625,97627,24126,14425,58224,98524,28422,41421,60321,21420,76220,05519,666
  Current Assets10.1%11,02310,00811,08410,4109,2748,3428,9968,4897,9087,4768,6698,6198,0787,3848,1467,3876,6496,4556,4955,7505,343
    Cash Equivalents22.5%7,6606,2547,1416,6015,4564,0724,2363,8703,3652,7393,8444,6234,2503,4524,4783,7673,0442,6882,6502,2092,083
  Net PPE-1.0%1,9691,9882,0302,0362,0321,9671,9081,8581,7901,7031,6731,6291,5731,5301,5171,4671,3871,3401,2931,2441,205
  Goodwill0%12,80012,80012,80512,80012,79612,79012,78712,76012,80012,80012,66811,83811,86011,84510,74210,74010,69510,69010,69110,69010,698
Liabilities14.1%15,16413,29113,26113,31413,00012,46113,11412,37112,34112,20112,44411,73011,73011,43911,02010,70110,72210,74910,2329,8129,734
  Current Liabilities-0.7%9,4749,5378,2518,3348,0197,4378,1287,4387,3857,1976,9326,1916,1455,8065,5125,1305,1645,2288,1917,8037,687
  Long Term Debt93.0%4,1272,1383,6343,6333,6313,6303,6293,6273,6273,6264,1234,1224,1204,1194,1174,1164,1144,113989988988
Shareholder's Equity-4.0%14,84315,46016,51815,77614,83814,20614,05114,37313,98513,77514,79714,41413,85213,54613,26411,71310,88110,46510,53010,2439,932
  Retained Earnings4.2%35,22733,80933,34632,01230,60929,43528,31927,15826,02224,96123,90522,75021,53820,52119,61117,38316,42815,39014,82913,97713,184
  Additional Paid-In Capital3.9%12,50412,03711,58611,19510,71710,2849,8689,5489,1028,7508,4288,2097,8777,6177,3577,1956,8926,6656,5046,3356,051
Shares Outstanding-0.9%449453455456458459462471472473477477---------
Float-----165,530---159,000---188,310---143,270---102,250
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Cashflow From Operations65.2%1,9401,1741,5971,8732,1391,6932,3251,7042,0401,7692,0661,4041,9881,7721,7821,4361,1841,3251,3779221,110
  Share Based Compensation3.5%467451427442433416388378352322269280260260233232227217203196204
Cashflow From Investing68.2%11166.00153145322156-69.00-103-138-260-1,739-133-107-1,558-131-31580.00-48.00-169-16510.00
Cashflow From Financing69.8%-642-2,128-1,217-871-1,080-2,014-1,911-1,060-1,250-2,604-1,078-899-1,080-1,244-940-414-901-1,233-766-624-772
  Buy Backs25.0%2,5002,0001,0001,0001,0001,4001,7501,2001,2002,4001,0001,0001,000950850500850850750750750
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ADBE Income Statement

2024-05-31
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
May 31, 2024
Jun. 02, 2023
May 31, 2024
Jun. 02, 2023
Revenue:    
Revenue$ 5,309$ 4,816$ 10,491$ 9,471
  Cost of revenue:    
Cost of revenue5985721,1881,140
Gross profit4,7114,2449,3038,331
  Operating expenses:    
Research and development9848761,9231,703
Sales and marketing1,4451,3452,7972,646
General and administrative355357707688
Acquisition termination fee001,0000
Amortization of intangibles42428484
Total operating expenses2,8262,6206,5115,121
 Operating income1,8851,6242,7923,210
  Non-operating income (expense):    
Interest expense(41)(26)(68)(58)
Investment gains (losses), net45226
Other income (expense), net824715290
Total non-operating income (expense), net452610638
Income before income taxes1,9301,6502,8983,248
Provision for income taxes357355705706
Net income$ 1,573$ 1,295$ 2,193$ 2,542
Basic net income per share (in usd per share)$ 3.50$ 2.83$ 4.86$ 5.55
Shares used to compute basic net income per share (in shares)449.1457.8450.9458.4
Diluted net income per share (in usd per share)$ 3.49$ 2.82$ 4.83$ 5.54
Shares used to compute diluted net income per share (in shares)451.4458.7453.9459.1
Subscription    
Revenue:    
Revenue$ 5,060$ 4,517$ 9,976$ 8,890
  Cost of revenue:    
Cost of revenue456436911870
Product    
Revenue:    
Revenue104130223250
  Cost of revenue:    
Cost of revenue881316
Services and other    
Revenue:    
Revenue145169292331
  Cost of revenue:    
Cost of revenue$ 134$ 128$ 264$ 254

ADBE Balance Sheet

2024-05-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2024
Dec. 01, 2023
[1]
Current assets:  
Cash and cash equivalents$ 7,660$ 7,141
Short-term investments405701
Trade receivables, net of allowances for doubtful accounts of $19 and $16, respectively1,6122,224
Prepaid expenses and other current assets1,3461,018
Total current assets11,02311,084
Property and equipment, net1,9692,030
Operating lease right-of-use assets, net381358
Goodwill12,80312,805
Other intangibles, net9331,088
Deferred income taxes1,4361,191
Other assets1,4621,223
Total assets30,00729,779
Current liabilities:  
Trade payables357314
Accrued expenses1,8991,942
Debt1,4980
Deferred revenue5,5585,837
Income taxes payable9585
Operating lease liabilities6773
Total current liabilities9,4748,251
Long-term liabilities:  
Debt4,1273,634
Deferred revenue128113
Income taxes payable591514
Operating lease liabilities398373
Other liabilities446376
Total liabilities15,16413,261
Stockholders’ equity:  
Preferred stock, $0.0001 par value; 2 shares authorized; none issued00
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued;  449 and 455 shares outstanding, respectively00
Additional paid-in capital12,50411,586
Retained earnings35,22733,346
Accumulated other comprehensive income (loss)(276)(285)
Treasury stock, at cost (152 and 146 shares, respectively)(32,612)(28,129)
Total stockholders’ equity14,84316,518
Total liabilities and stockholders’ equity$ 30,007$ 29,779
[1]The condensed consolidated balance sheet as of December 1, 2023 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
ADBE
Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.
 CEO
 WEBSITEadobe.com
 INDUSTRYSoftware - Infra
 EMPLOYEES29239

Adobe Inc Frequently Asked Questions


What is the ticker symbol for Adobe Inc? What does ADBE stand for in stocks?

ADBE is the stock ticker symbol of Adobe Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Adobe Inc (ADBE)?

As of Fri Jul 19 2024, market cap of Adobe Inc is 244.31 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ADBE stock?

You can check ADBE's fair value in chart for subscribers.

What is the fair value of ADBE stock?

You can check ADBE's fair value in chart for subscribers. The fair value of Adobe Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Adobe Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ADBE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Adobe Inc a good stock to buy?

The fair value guage provides a quick view whether ADBE is over valued or under valued. Whether Adobe Inc is cheap or expensive depends on the assumptions which impact Adobe Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ADBE.

What is Adobe Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jul 19 2024, ADBE's PE ratio (Price to Earnings) is 48.1 and Price to Sales (PS) ratio is 11.96. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ADBE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Adobe Inc's stock?

In the past 10 years, Adobe Inc has provided 0.225 (multiply by 100 for percentage) rate of return.