Shares of Technology sector company Adobe moved 1.6% today, and are now trading at a price of $343.32. The Large-Cap stock's daily volume was 744,670 compared to its average volume of 4,375,920. The S&P 500 index returned a -0.0% performance.
Adobe Inc. operates as a technology company worldwide. The company is based in San Jose and has 30,709 full time employees. Its market capitalization is $143,713,746,944.
35 analysts are following Adobe and have set target prices ranging from $280.0 to $605.0 per share. On average, they have given the company a rating of buy. At today's prices, ADBE is trading -24.17% away from its average analyst target price of $452.75 per share.
Over the last year, ADBE shares have gone down by -29.3%, which represents a difference of -50.1% when compared to the S&P 500. The stock's 52 week high is $557.9 per share and its 52 week low is $327.5. With average free cash flows of $6.4 Billion that have been growing at an average rate of 11.0% over the last 5 years, Adobe declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 8,056,000 | 183,000 | 7,873,000 | 13.41 |
| 2023 | 7,302,000 | 360,000 | 6,942,000 | -6.14 |
| 2022 | 7,838,000 | 442,000 | 7,396,000 | 7.47 |
| 2021 | 7,230,000 | 348,000 | 6,882,000 | 29.65 |
| 2020 | 5,727,000 | 419,000 | 5,308,000 | 31.81 |
| 2019 | 4,422,000 | 395,000 | 4,027,000 |
