Adobe Inc. (ADBE)

AI-powered earnings prediction for Adobe Inc. (ADBE).

242.04
+0.79%
USD, about 18 hours ago
Market Cap
100.67B
Google

Company Overview

Adobe Inc. operates as a technology company worldwide. The Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content. This segment serves photographers, video editors, graphic and experience designers, game developers, content creators, students, marketers, business owners, knowledge workers, and consumers. The Digital Experience segment provides an integrated platform; and products, services, and solutions 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 e-learning, technical document publishing, web conferencing, document and forms platform, web application development, printing, and Adobe Advertising solutions. It also provides consulting, training, customer management, technical support, and learning services. The company offers its solutions to enterprise customers, and businesses and consumers; and licenses its products to end-user customers through app stores and website at adobe.com. It markets and distributes its products through distributors, retailers, software developers, mobile app stores, systems integrators, independent software vendors, value-added resellers, and original equipment and hardware manufacturers. The company has a strategic alliance with HUMAIN for the development of generative AI models and AI-powered applications. 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.

Sector
Technology
Industry
Software - Application
Phone
408 536 6000
Headquarters
345 Park Avenue
San Jose, CA, 95110-2704
United States
Full-Time Employees
31,360

Key Metrics

P/E Ratio (TTM)
14.38
Forward P/E
9.37
Price to Book
8.77
Beta
1.52
Profit Margin
29.48%
Gross Margin
89.40%
Return on Equity
58.77%
Return on Assets
18.91%
Earnings Growth
11.10%
Revenue Growth
12.00%

Financial Health

Total Cash
$6.90B
Total Debt
$6.67B
Debt to Equity
58.34
Current Ratio
0.91
Free Cash Flow
$9.32B
Operating Cash Flow
$10.51B

Analyst Recommendations

Target Price (Mean)
$329.58
Target High
$487.00
Target Low
$220.00
Recommendation
buy
Analyst Coverage
35 Analysts

Trading Ideas

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