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ADBE

ADBE - Adobe Inc Stock Price, Fair Value and News

465.00USD-8.18 (-1.73%)Market Closed

Market Summary

ADBE
USD465.00-8.18
Market Closed
-1.73%

ADBE Alerts

  • 2 major insider sales recently.
  • Big fall in earnings (Y/Y)

ADBE Stock Price

View Fullscreen

ADBE RSI Chart

ADBE Valuation

Market Cap

208.3B

Price/Earnings (Trailing)

43.39

Price/Sales (Trailing)

10.45

EV/EBITDA

28.56

Price/Free Cashflow

32.11

ADBE Price/Sales (Trailing)

ADBE Profitability

Operating Margin

88.08%

EBT Margin

30.94%

Return on Equity

31.05%

Return on Assets

16.7%

Free Cashflow Yield

3.11%

ADBE Fundamentals

ADBE Revenue

Revenue (TTM)

19.9B

Rev. Growth (Yr)

11.32%

Rev. Growth (Qtr)

2.65%

ADBE Earnings

Earnings (TTM)

4.8B

Earnings Growth (Yr)

-50.28%

Earnings Growth (Qtr)

-58.19%

Breaking Down ADBE Revenue

Last 7 days

-1.9%

Last 30 days

-10.4%

Last 90 days

-24.0%

Trailing 12 Months

22.3%

How does ADBE drawdown profile look like?

ADBE Financial Health

Current Ratio

1.05

Debt/Equity

0.14

Debt/Cashflow

3.17

ADBE Investor Care

Buy Backs (1Y)

2.33%

Diluted EPS (TTM)

10.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202419.9B000
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
Get all data in R, Python etc through our Historical Stock Data APIs
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Tracking the Latest Insider Buys and Sells of Adobe Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 17, 2024
banse amy
acquired
-
-
836
-
Apr 17, 2024
calderoni frank
acquired
-
-
836
-
Apr 17, 2024
boulden melanie
acquired
-
-
836
-
Apr 17, 2024
rosensweig daniel
acquired
-
-
836
-
Apr 17, 2024
amon cristiano r
acquired
-
-
289
-
Apr 17, 2024
ricks david a
acquired
-
-
836
-
Apr 17, 2024
biggs m. brett
acquired
-
-
836
-
Apr 17, 2024
neumann spencer adam
acquired
-
-
836
-
Apr 17, 2024
desmond laura
acquired
-
-
836
-
Apr 17, 2024
pandey dheeraj
acquired
-
-
836
-

1–10 of 50

Which funds bought or sold ADBE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
Oak Asset Management, LLC
added
2.44
-62,173
403,175
 0.15%
Apr 18, 2024
Capital Advisors, Ltd. LLC
added
0.23
-78,000
437,000
 0.06%
Apr 18, 2024
Northstar Group, Inc.
reduced
-3.56
-123,592
546,986
 0.11%
Apr 18, 2024
SteelPeak Wealth, LLC
reduced
-52.68
-6,281,690
4,192,220
 0.21%
Apr 18, 2024
Piscataqua Savings Bank
unchanged
-
-1,380
7,568
 0.01%
Apr 18, 2024
CHAPIN DAVIS, INC.
added
12.32
-12,122
230,098
 0.08%
Apr 18, 2024
AlphaMark Advisors, LLC
unchanged
-
-80,000
440,000
 0.16%
Apr 18, 2024
LITTLE HOUSE CAPITAL LLC
new
-
1,360,910
1,360,910
 0.45%
Apr 18, 2024
Capital Advisory Group Advisory Services, LLC
reduced
-2.07
-123,751
596,942
 0.28%
Apr 18, 2024
Optas, LLC
reduced
-1.64
-110,098
544,968
 0.15%

1–10 of 48

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

ADBE Alerts

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
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
8-K
Current Report
Apr 19, 2024
4/A
Insider Trading
Apr 19, 2024
4/A
Insider Trading
Apr 19, 2024
4/A
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading

Peers (Alternatives to Adobe Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MSFT
3.0T
227.6B
 -6.14% 39.50%
35.93
13.03
 11.51% 22.38%
ADBE
208.3B
19.9B
 -10.43% 22.28%
43.39
10.45
 10.76% 1.35%
CRWD
67.4B
3.1B
 -13.57% 117.51%
754.78
22.07
 36.33% 148.75%
SQ
42.9B
21.9B
 -13.54% 12.94%
6.3K
1.96
 25.01% 101.26%
AKAM
15.4B
3.8B
 -7.43% 25.49%
28.07
4.03
 5.40% 4.57%
FFIV
10.4B
2.8B
 -6.45% 32.16%
22.62
3.72
 3.55% 53.13%
MID-CAP
ALTR
6.6B
612.7M
 -0.99% 16.96%
-743.57
10.83
 7.07% 79.45%
HCP
4.6B
583.1M
 -13.33% -13.55%
-24.39
7.97
 22.54% 30.49%
ACIW
3.4B
1.5B
 -0.53% 24.73%
28.01
2.34
 2.16% -14.54%
APPN
2.5B
545.4M
 -8.76% -13.33%
-22.69
4.64
 16.53% 26.16%
SMALL-CAP
CSGS
1.4B
1.2B
 -5.10% -7.42%
21.01
1.23
 7.30% 93.18%
ATEN
964.0M
251.7M
 -4.71% -9.26%
24.12
3.83
 -10.22% -14.79%
BAND
444.9M
601.1M
 -10.14% 30.60%
-27.22
0.74
 4.88% -183.51%
DTSS
18.4M
7.0M
 -8.01% -59.10%
-2.14
2.91
 -55.73% -45.27%
BLIN
12.4M
15.6M
 14.42% 32.22%
-1.24
0.8
 -6.37% -5256.07%

Adobe Inc News

Latest updates
MarketWatch • 13 hours ago
Adobe Inc. stock underperforms Friday when compared to competitors
Yahoo Finance • 22 hours ago
Polen Capital Trimmed Adobe (ADBE) on Valuation Concerns
Yahoo Movies Canada • 29 hours ago
At US$464, Is It Time To Put Adobe Inc. (NASDAQ:ADBE) On Your Watch List?
MarketBeat • 36 hours ago
Adobe (NASDAQ:ADBE) Shares Up 0.4%
MarketBeat • 41 hours ago
Federated Hermes Inc. Buys 41,164 Shares of Adobe Inc. (NASDAQ:ADBE)
Yahoo Finance • 44 hours ago
Is It Worth Investing in Adobe (ADBE) Based on Wall Street's Bullish Views?
Seeking Alpha • 16 Apr 2024 • 07:29 pm
Adobe Has A Weak AI Monetization Strategy (NASDAQ:ADBE)
Simply Wall St • 14 Apr 2024 • 02:28 pm
Should You Investigate Adobe Inc. (NASDAQ:ADBE) At US$474?
MarketWatch • 12 Apr 2024 • 08:36 pm
Adobe Inc. stock underperforms Friday when compared to competitors
Simply Wall St • 21 Mar 2024 • 07:00 am
Will Weakness in Adobe Inc.'s (NASDAQ:ADBE) Stock Prove Temporary Given Strong Fundamentals?

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.7%5,1825,0484,8904,8164,6554,5254,4334,3864,2624,1103,9353,8353,9053,4243,2253,1283,0912,9922,8342,7442,601
Cost Of Revenue-6.9%590634580572568568546539512507467444447428427415452453416407397
Gross Profit4.0%4,5924,4144,3104,2444,0873,9573,8873,8473,7503,6033,4683,3913,4582,9962,7982,7132,6392,5402,4182,3372,204
Operating Expenses38.0%3,6852,6712,6132,6202,5012,4522,4032,3182,1702,1022,0271,9852,0041,7811,7291,6971,7021,5701,5641,5871,509
  S&GA Expenses-1.2%1,3521,3681,3371,3451,3011,2971,2661,2471,1581,1311,0681,0731,049941892901857802812849781
EBITDA Margin-10.6%0.36*0.40*0.40*0.39*0.39*0.40*0.40*0.41*0.42*0.42*0.42*0.41*---------
Interest Expenses-3.6%27.0028.0027.0026.0032.0028.0028.0028.0028.0028.0027.0028.0030.0027.0028.0028.0033.0036.0040.0040.0041.00
Income Taxes7.1%348325340355351341320314277235206270172-1,053105-100-36.0010642.0078.0028.00
Earnings Before Taxes-46.5%9681,8081,7431,6501,5981,5171,4561,4921,5431,4681,4181,3861,4331,1971,0601,000919957835711702
EBT Margin-11.7%0.31*0.35*0.34*0.34*0.34*0.34*0.35*0.35*0.36*0.36*0.36*0.35*---------
Net Income-58.2%6201,4831,4031,2951,2471,1761,1361,1781,2661,2331,2121,1161,2612,2509551,100955852793633674
Net Income Margin-13.9%0.24*0.28*0.27*0.26*0.26*0.27*0.28*0.29*0.30*0.31*0.39*0.39*---------
Free Cashflow-26.6%1,1371,5501,7822,0181,5922,2341,5791,9141,6691,9671,3091,893---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-3.5%28,75129,77929,09027,83826,66727,16526,74426,32625,97627,24126,14425,58224,98524,28422,41421,60321,21420,76220,05519,66619,506
  Current Assets-9.7%10,00811,08410,4109,2748,3428,9968,4897,9087,4768,6698,6198,0787,3848,1467,3876,6496,4556,4955,7505,3435,134
    Cash Equivalents-12.4%6,2547,1416,6015,4564,0724,2363,8703,3652,7393,8444,6234,2503,4524,4783,7673,0442,6882,6502,2092,0831,739
  Net PPE-2.1%1,9882,0302,0362,0321,9671,9081,8581,7901,7031,6731,6291,5731,5301,5171,4671,3871,3401,2931,2441,2051,104
  Goodwill-0.1%12,80012,81012,80012,79612,79012,78712,76012,80012,80012,66811,83811,86011,84510,74210,73910,70010,69010,69110,69010,70010,710
Liabilities0.2%13,29113,26113,31413,00012,46113,11412,37112,34112,20112,44411,73011,73011,43911,02010,70110,72210,74910,2329,8129,7349,634
  Current Liabilities15.6%9,5378,2518,3348,0197,4378,1287,4387,3857,1976,9326,1916,1455,8065,5125,1305,1645,2288,1917,8037,6875,314
  Long Term Debt-41.2%2,1383,6343,6333,6313,6303,6293,6273,6273,6264,1234,1224,1204,1194,1174,1164,1144,1139899889883,237
Shareholder's Equity-6.4%15,46016,51815,77614,83814,20614,05114,37313,98513,77514,79714,41413,85213,54613,26411,71310,88110,46510,53010,2439,9329,871
  Retained Earnings1.4%33,80933,34632,01230,60929,43528,31927,15826,02224,96123,90522,75021,53820,52119,61117,38316,42815,39014,82913,97713,18412,579
  Additional Paid-In Capital3.9%12,03711,58611,19510,71710,2849,8689,5489,1028,7508,4288,2097,8777,6177,3577,1956,8926,6656,5046,3356,0515,857
Shares Outstanding-0.4%453455456456459462471472473477478478---------
Float----165,530---159,000---188,310---143,270---102,250-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-26.5%1,1741,5971,8732,1391,6932,3251,7042,0401,7692,0661,4041,9881,7721,7821,4361,1841,3251,3779221,1101,013
  Share Based Compensation5.6%451427442433416388378352322269280260260233232227217203196204185
Cashflow From Investing-56.9%66.00153145322156-69.00-103-138-260-1,739-133-107-1,558-131-31580.00-48.00-169-16510.00-132
Cashflow From Financing-74.9%-2,128-1,217-871-1,080-2,014-1,911-1,060-1,250-2,604-1,078-899-1,080-1,244-940-414-901-1,233-766-624-772-784
  Buy Backs100.0%2,0001,0001,0001,0001,4001,7501,2001,2002,4001,0001,0001,000950850500850850750750750500

ADBE Income Statement

2024-03-01
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 01, 2024
Mar. 03, 2023
Revenue:  
Subscription$ 4,916$ 4,373
Product119120
Services and other147162
Total revenue5,1824,655
  Cost of revenue:  
Subscription455434
Product58
Services and other130126
Total cost of revenue590568
Gross profit4,5924,087
  Operating expenses:  
Research and development939827
Sales and marketing1,3521,301
General and administrative352331
Acquisition termination fee1,0000
Amortization of intangibles4242
Total operating expenses3,6852,501
 Operating income9071,586
  Non-operating income (expense):  
Interest expense(27)(32)
Investment gains (losses), net181
Other income (expense), net7043
Total non-operating income (expense), net6112
Income before income taxes9681,598
Provision for income taxes348351
Net income$ 620$ 1,247
Basic net income per share (in usd per share)$ 1.37$ 2.72
Shares used to compute basic net income per share (in shares)452.8459.0
Diluted net income per share (in usd per share)$ 1.36$ 2.71
Shares used to compute diluted net income per share (in shares)456.3459.5

ADBE Balance Sheet

2024-03-01
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 01, 2024
Dec. 01, 2023
[1]
Current assets:  
Cash and cash equivalents$ 6,254$ 7,141
Short-term investments566701
Trade receivables, net of allowances for doubtful accounts of $16 for both periods2,0572,224
Prepaid expenses and other current assets1,1311,018
Total current assets10,00811,084
Property and equipment, net1,9882,030
Operating lease right-of-use assets, net366358
Goodwill12,80312,805
Other intangibles, net1,0111,088
Deferred income taxes1,3101,191
Other assets1,2651,223
Total assets28,75129,779
Current liabilities:  
Trade payables300314
Accrued expenses1,5691,942
Debt1,4970
Deferred revenue5,9755,837
Income taxes payable12385
Operating lease liabilities7373
Total current liabilities9,5378,251
Long-term liabilities:  
Debt2,1383,634
Deferred revenue135113
Income taxes payable668514
Operating lease liabilities378373
Other liabilities435376
Total liabilities13,29113,261
Stockholders’ equity:  
Preferred stock, $0.0001 par value; 2 shares authorized; none issued00
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued;  453 and 455 shares outstanding, respectively00
Additional paid-in capital12,03711,586
Retained earnings33,80933,346
Accumulated other comprehensive income (loss)(277)(285)
Treasury stock, at cost (148 and 146 shares, respectively)(30,109)(28,129)
Total stockholders’ equity15,46016,518
Total liabilities and stockholders’ equity$ 28,751$ 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.

About Adobe Inc

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 Apr 19 2024, market cap of Adobe Inc is 208.32 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 Apr 19 2024, ADBE's PE ratio (Price to Earnings) is 43.39 and Price to Sales (PS) ratio is 10.45. 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 0.218 (multiply by 100 for percentage) rate of return.