ADBE stock

We expect sluggish economic growth and low inflation to provide the Fed with enough room to begin loosening monetary policy. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. According to 41 analysts, the average rating for ADBE stock is "Buy." The 12-month stock price forecast is 387.19, which is an increase of 34.47% from the latest price. Real-time analyst ratings, insider transactions, earnings data, and more. As of September 30th, there was short interest totaling 5,050,000 shares, an increase of 9.3% from the September 15th total of 4,620,000 shares.

  • With the ugliness in the equities sector, astute investors may want to shift their focus to cheap tech stocks.
  • The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank.
  • The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries.
  • Historical and current end-of-day data provided by FACTSET.
  • Adobe does not have a long track record of dividend growth.

In 2021, Adobe’s revenue was $15.79 billion, an increase of 22.67% compared to the previous year’s $12.87 billion. One share of ADBE stock can currently be purchased for approximately $287.94. MarketBeat has tracked 8 reddit mentions for Adobe this week, compared to 4 mentions on an average week. Adobe does not have a long track record of dividend growth.

Adobe Stock Continues Its Fall As Figma Deal Price likely To Lend Credence To The Bear Case

Net money flow is the value of uptick trades minus the value of downtick trades. dotbig contacts Our calculations are based on comprehensive, delayed quotes. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. With the ugliness in the equities sector, astute investors may want to shift their focus to cheap tech stocks. dotbig review Granted, among the major indices, the technology-centric Nasdaq Composite suffered the most…

ADBE stock

Adobe stock has been suffering since they announced the Figma acquisition earlier this month, in spite of reaching record revenue figures for the third quarter. Catherine Wood , the founder and chief investment officier at Ark Invest, is not as popular as she once was in 2020 and 2021 at the top of the growth stock bubble. All three companies have strong growth track records, and their shares are down sharply. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. dotbig broker Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. ServiceNow to acquire observability and log management solutions provider, Era Software, to add its unified observability solutions to the existing features of Lighstep.

Companies That Could Be Worth $1 Trillion By 2030

Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. dotbig Pre-open movers U.S. stock futures traded higher in early pre-market trade on Monday after closing lower in the previous session. The Dow Jones dropped by more than 400 points in the previous session, while the Nasdaq tumbled over 300 points. For the week, the Dow added 1.15%, while the S&P 500 declined around 1.6%.

Amid broad macro troubles, high-quality software stocks are trading with a nice margin of Invest in Adobe safety. These three tech stocks have room to grow and continue to enjoy strong tailwinds.

Analyst Ratings

Other market data may be delayed by 15 minutes or more. Let’s explore two great large-cap technology stocks for investors to consider buying in October at levels that might look like bargains in the not-too-distant future.

Adobe Inc Company Info

Receive a free world-class investing education from MarketBeat. dotbig testimonials Learn about financial terms, types of investments, trading strategies, and more. 989 employees have rated Adobe Chief Executive Officer Shantanu Narayen ADBE stocktwits on Shantanu Narayen has an approval rating of 97% among the company’s employees. This puts Shantanu Narayen in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Adobe Stock Snapshot

The days of paying nearly any price for hypergrowth companies are probably over. Technology companies are among the hardest hit, with the macro environment being generally unfavorable to most companies. The company reported an upbeat set of earnings, but unveiled a major acquisition that investors felt was too expensive. Sign Up NowGet this delivered to your inbox, and more info about our products and services. dotbig sign in MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks. Adobe’s stock is owned by a variety of retail and institutional investors.

Brent Thill, Jefferies managing director and senior technology analyst, joins ‘Power Lunch’ to discuss what investors should do with the technology sector, why Thill likes the companies he does and more. View our full suite of financial calendars and market data tables, all for free. Adobe updated its fourth quarter 2022 earnings guidance on Thursday, October, 13th.

Adobe Estimates* In Usd

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Don’t Give Up on These Q3 LosersThe major U.S. stock indices got clobbered on September 30, but within the list of Q3 top losing stocks are some companies that look like real bargains. Sign-up to receive the latest news and ratings for Adobe and its competitors with MarketBeat’s FREE daily newsletter. 80 people have added Adobe to their MarketBeat watchlist in the last 30 days. This is an increase of 54% compared to the previous 30 days.

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