Adobe Inc. which can be found using ticker (ADBE) now have 28 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $700.00 and $428.00 and has a mean target at $616.54. Given that the stocks previous close was at $602.06 this would indicate that there is a potential upside of 2.4%. Also worth taking note is the 50 day moving average now sits at $544.87 and the 200 moving average now moves to $458.13. The market capitalization for the company is 274.39B. The current share price for the company is: $602.66 USD
The potential market cap would be $280,990,403,126 based on the market consensus.
The company has a dividend yield of 2.35%. Other points of data to note are a P/E ratio of 54.05, revenue per share of $41.11 and a 14.36% return on assets.
Adobe Inc. is a software company that offers a line of products and services used by professionals, communicators, businesses, and consumers for creating, managing, delivering, measuring, optimizing, engaging and transacting with content and experiences across various digital media formats. The Company’s segments include Digital Media, Digital Experience and Publishing and Advertising. Digital Media segment provides products, services and solutions that enable individuals, teams and enterprises to create, publish and promote their content anywhere. Digital Media segment is centered around Adobe Creative Cloud and Adobe Document Cloud. Digital Experience segment provides an integrated platform and set of applications and services through Adobe Experience Cloud that enable brands and businesses to create, manage, execute, measure, monetize and optimize customer experiences. The Publishing and Advertising segment consists of products and services that address diverse market opportunities.
