Take off with Adobe Inc (ADBE): Get ready for trading

With 2.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.8 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $401.4763 whereas the lowest price it dropped to was $392.51. The 52-week range on ADBE shows that it touched its highest point at $587.75 and its lowest point at $374.50 during that stretch. It currently has a 1-year price target of $529.59. ADBE paid its most recent dividend on 1111622400, while the ex-dividend date for that was 1111622400. Beta for the stock currently stands at 1.49.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ADBE was up-trending over the past week, with a rise of 1.68%, but this was down by -10.27% over a month. Three-month performance dropped to -11.32% while six-month performance fell -24.41%. The stock lost -21.90% in the past year, while it has lost -10.91% so far this year. A look at the trailing 12-month EPS for ADBE yields 15.18 with Next year EPS estimates of 22.86. For the next quarter, that number is 4.98. This implies an EPS growth rate of 10.66% for this year and 12.17% for next year. EPS is expected to grow by 11.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 15.54%.

Float and Shares Shorts:

At present, 435.00 million ADBE shares are outstanding with a float of 433.44 million shares on hand for trading. On 2025-03-14, short shares totaled 8.2 million, which was 188.0 higher than short shares on 1739491200. In addition to Mr. Shantanu Narayen as the firm’s Chairman & CEO, Mr. Daniel J. Durn serves as its CFO and Executive VP of Finance, Technology, Security & Operations.

Institutional Ownership:

Through their ownership of 0.85630995 of ADBE’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2025-02-28, ADBE reported revenue of $5714000000.0 and operating income of $2163000000.0. The EBITDA in the recently reported quarter was $2455000000.0 and diluted EPS was $4.14.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ADBE since 31 analysts follow the stock currently. There are 21 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 9 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ADBE analysts setting a high price target of 650.0 and a low target of 407.0, the average target price over the next 12 months is 523.224. Based on these targets, ADBE could surge 64.08% to reach the target high and rise by 2.74% to reach the target low. Reaching the average price target will result in a growth of 32.08% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $18.28899 being high and $18.22902 being low. For ADBE, this leads to a yearly average estimate of $18.269. Based on analyst estimates, the high estimate for the next quarter is $5.43 and the low estimate is $5.03. The average estimate for the next quarter is thus $5.11.