The Critical Facts About Adobe Today

Large-cap Technology company Adobe has logged a 2.5% change today on a trading volume of 5,144,917. The average volume for the stock is 2,871,726.

Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. The company is now trading 1.27% away from its average analyst target price of $591.59 per share. The 30 analysts following the stock have set target prices ranging from $499.6 to $671.5, and on average give Adobe a rating of buy.

Over the last 52 weeks, ADBE stock has risen 77.8%, which amounts to a 54.2% difference compared to the S&P 500. The stock's 52 week high is $633.89 whereas its 52 week low is $318.6 per share. With its net margins declining an average -0.5% over the last 6 years, Adobe may not have a strong enough profitability trend to support its stock price.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 18,886,000 5,121,000 27 0.0
2022 17,606,000 4,756,000 27 -12.9
2021 15,785,000 4,822,000 31 -24.39
2020 12,868,000 5,260,000 41 57.69
2019 11,171,000 2,951,000 26 -7.14
2018 9,030,000 2,591,000 28
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.