Shares of Adobe have moved 0.3% today, and are now trading at a price of $355.04. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 840,202 compared to the stock's average volume of 4,032,141.
Adobe Inc., together with its subsidiaries, operates as a technology company worldwide. Based in San Jose, United States the company has 30,709 full time employees and a market cap of $150,605,840,384.
The company is now trading -24.81% away from its average analyst target price of $472.15 per share. The 35 analysts following the stock have set target prices ranging from $280.0 to $605.0, and on average give Adobe a rating of buy.
Over the last 12 months ADBE shares have declined by -39.0%, which represents a difference of -56.3% when compared to the S&P 500. The stock's 52 week high is $587.75 per share and its 52 week low is $330.04. With its net margins declining an average -0.1% over the last 6 years, Adobe declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 21,505,000 | 5,560,000 | 26 | -7.14 |
| 2023 | 19,409,000 | 5,428,000 | 28 | 3.7 |
| 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 |
