Adobe Inc operates as a diversified software company worldwide.
Adobe is a mega cap stock with a total market cap of 220.80B.
They trade on the NASDAQ and had their IPO 36 years and 10 months
Adobe currently employs 29239 people.
News Relating to $ADBE
Seeking Alpha
Bullish On Adobe’s Unique Positioning In The Enterprise Market
Friday Jun 23 2023 at 09:09
Adobe is well-positioned to capitalize on digital transformation and generative AI services. Adobe is the top choice for content creation, consumption, and collaboration, thanks to its extensive software solutions. Adobe’s integrated approach sets it apart from competitors, enabling comprehensive sales across its various cloud offerings.
The Motley Fool
3 Top AI Stocks to Buy Right Now
Friday Jun 23 2023 at 05:35
Generative artificial intelligence is more of an opportunity than a threat for Adobe. Salesforce wants to serve as an AI command center for its clients.
Zacks Investment Research
These 3 Stocks Have Been Red-Hot in June
Thursday Jun 22 2023 at 17:52
While the overall market has performed well in June so far, all three of these stocks have widely outperformed, delivering outsized gains to investors.
Seeking Alpha
My Top 10 Growth Companies For June 2023
Thursday Jun 22 2023 at 17:00
Growth companies can provide your investment portfolio with excellent returns. However, they can come attached with elevated risk factors due to high growth expectations often being priced into the companies’ stock prices. In this article, I will introduce you to 10 growth companies that are attractive right now, particularly due to their significant competitive advantages and strong financial health.
InvestorPlace
Analyst Upgrades: 7 Stocks Wall Street Is Loving in June
Thursday Jun 22 2023 at 14:27
Perhaps one of the most controversial topics, on surface level, the concept of analyst upgraded stocks should seem a no-brainer. In our heads, we have fantastical ideas that analysts are nothing more than equity market nerds that eat and sleep publicly traded securities.
Zacks Investment Research
Adobe Inc. (ADBE) Is a Trending Stock: Facts to Know Before Betting on It
Thursday Jun 22 2023 at 10:21
Adobe (ADBE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
CNBC Television
Karen Firestone’s top stock picks: Amazon, Adobe, Carmax
Thursday Jun 22 2023 at 08:05
Karen Firestone, Chairman and CEO of Aureus Asset Management, joins ‘Squawk Box’ to discuss the latest market trends, and her top stocks to watch including Amazon, Adobe, and Carmax.
The Motley Fool
Adobe Reports Growth From New AI Services, but Is the Stock Really a Buy Now?
Thursday Jun 22 2023 at 05:10
Adobe stock is on a roll, aided by the hype around artificial intelligence. Adobe isn’t the only software company putting lots of new AI tech to use.
Zacks Investment Research
Wall Street Analysts Think Adobe (ADBE) Is a Good Investment: Is It?
Wednesday Jun 21 2023 at 11:04
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter?
InvestorPlace
3 AI Stocks to Watch as Technology Shapes the Future of Entertainment
Wednesday Jun 21 2023 at 09:24
Artificial intelligence stocks have been all the rage so far through 2023. Without this group leading us higher, I’m not sure that mega-cap tech would have had the catalyst it needed to drive equities further this year.
Insider Trading
(Original Source: SEC.GOV)
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Over the last 3 months, 1 insider has bought $19.68K and 5 insiders have sold $21.93M of common stock on the stock market. This represents a net trade value of $21.91M sold.
Debt & Income Analysis
(Original Source: SEC.GOV)
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
$ADBE’s Income Quality of 1.62 is greater than its Industry Group of 0.35 (362.9% greater)
$ADBE’s Income Quality of 1.62 is greater than its Major Industry Group of 0.43 (276.7% greater)
$ADBE’s Income Quality of 1.62 is greater than its Sector of 0.51 (217.6% greater)
(Original Source: SEC.GOV)
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
$ADBE’s Current Ratio of 1.12 is lower than its Industry Group of 1.67 (-32.9% lower)
$ADBE’s Current Ratio of 1.12 is lower than its Major Industry Group of 1.67 (-32.9% lower)
$ADBE’s Current Ratio of 1.12 is lower than its Sector of 1.56 (-28.2% lower)
Value Analysis
(Original Source: SEC.GOV)
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Cannot compare a negative PE Ratio (45.49 & -1.86)
Cannot compare a negative PE Ratio (45.49 & -0.76)
Cannot compare a negative PE Ratio (45.49 & -0.32)
(Original Source: SEC.GOV)
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
$ADBE’s PB Ratio of 15.37 is greater than its Industry Group of 2.48 (519.8% greater)
$ADBE’s PB Ratio of 15.37 is greater than its Major Industry Group of 2.28 (574.1% greater)
$ADBE’s PB Ratio of 15.37 is greater than its Sector of 1.92 (700.5% greater)
Efficiency Analysis
(Original Source: SEC.GOV)
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
$ADBE’s ROE of 0.34 is greater than its Industry Group of -0.11 (409.1% greater)
$ADBE’s ROE of 0.34 is greater than its Major Industry Group of -0.05 (780.0% greater)
$ADBE’s ROE of 0.34 is greater than its Sector of -0.03 (1233.3% greater)
(Original Source: SEC.GOV)
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
$ADBE’s ROCE of 0.32 is greater than its Industry Group of -0.02 (1700.0% greater)
Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation