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Adobe (ADBE)

(Delayed Data from NSDQ)

$508.13 USD

508.13
3,992,217

-6.90 (-1.34%)

Updated Sep 18, 2024 04:00 PM ET

After-Market: $509.50 +1.37 (0.27%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

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.

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D Value C Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

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.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 25% (64 out of 251)

Industry: Computer - Software

Better trading starts here.

Zacks News

San Jose California-based Adobe Inc. is one of the largest software companies in the world. Adobe picks up licensing fees from customers, which form the bulk of its revenue. The company also offers technical support and education, which account for the balance. The company operates through three segments. The Digital Media solutions segment enables small businesses and enterprises to create highly compelling content, deliver it across diverse media through smartphones, tablets, e-readers, and other devices, and then optimize it through systematic targeting and measurement.

Is Vident U.S. Equity Strategy ETF (VUSE) a Strong ETF Right Now?

Smart Beta ETF report for VUSE

TELUS Continues to Expand 5G Network in Quebec With C$9.6M Investment

TU will invest C$9.6 million in association with the government of Quebec and the CRTC to boost 5G wireless connectivity in the Chaudi??re-Appalaches region

NetApp Stock Surges 34% Year to Date: Will the Rally Continue?

NTAP is gaining from solid demand across the all-flash and cloud storage portfolio, which is prompting a revenue outlook revision for the current fiscal year.

Wix Stock Surges More Than 65% in a Year: Will the Rally Continue?

WIX benefits from the increasing adoption of its product portfolio, especially various AI products and WIX Studio.

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S&P 500 on Track to Hit New High: 4 Tech Stocks With Growth Potential

Tech stocks like Adobe (ADBE), NetApp (NTAP), Fortive Corporation (FTV) and Arista Networks (ANET) are likely to gain from the Fed's rate cut.

Dolby Unveils Innovative Cloud Video Solutions to Boost Live Streaming

DLB's new cloud video products and solutions provide low-latency content delivery for its clients to boost streaming and iGaming experiences in real-time

Is Adobe (ADBE) a Buy as Wall Street Analysts Look Optimistic?

Based on the average brokerage recommendation (ABR), Adobe (ADBE) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

International Markets and Adobe (ADBE): A Deep Dive for Investors

Examine the evolution of Adobe's (ADBE) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.

Here is What to Know Beyond Why Adobe Inc. (ADBE) is a Trending Stock

Zacks.com users have recently been watching Adobe (ADBE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Stock Market News for Sep 16, 2024

U.S. stock markets closed sharply higher on Friday ahead of the Fed???s crucial FOMC meeting next week.

Oracle, Adobe, Lennar and FedEx are part of Zacks Earnings Preview

Oracle, Adobe, Lennar and FedEx have been highlighted in this Earnings Preview article.

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Q3 Earnings: What Can Investors Expect?

The Q3 earnings season will take the spotlight when the big banks start reporting their quarterly results from October 11th onwards. How are expectations stacking up?

Adobe Q3 Earnings Beat Estimates: Can GenAI Efforts Lift Shares?

ADBE's fiscal third-quarter results benefit from strength in Creative Cloud, Document Cloud and Enterprise Cloud.

Onto Innovation Stock Soars 49% in a Year: Will the Rally Continue?

ONTO's performance benefits from strong demand for its Dragonfly inspection system.

SAP Concludes Buyout of Israel-Based WalkMe for $1.5 Billion

SAP completes the acquisition of WalkMe for approximately $1.5 billion, strengthening AI assistance and productivity for SAP customers

NETGEAR Stock Surges 31% on Revised Outlook & Litigation Settlement

NTGR raises its third-quarter 2024 revenue & margin guidance owing to the litigation settlement and early launch of its next-generation 5G mobile hotspot.

Will WIX's Efforts to Expand AI Product Line-Up Boost its Stock?

WIX's AI Theme Assistant streamlines the website design process with personalized guidance and real-time suggestions

Adobe (ADBE) Reports Q3 Earnings: What Key Metrics Have to Say

The headline numbers for Adobe (ADBE) give insight into how the company performed in the quarter ended August 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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Markets Up for the Week (So Far) on Inflation and Jobs

On the path to a lower Fed funds rate next week for the first time in years, CPI, PPI and Jobless Claims numbers performed decently.

Adobe Systems (ADBE) Q3 Earnings and Revenues Beat Estimates

Adobe (ADBE) delivered earnings and revenue surprises of 2.65% and 0.79%, respectively, for the quarter ended August 2024. Do the numbers hold clues to what lies ahead for the stock?

Ritujay Ghosh headshot

4 Mega-Cap Tech Stocks to Buy Ahead of Fed's September Rate Cut

A rate cut by the Fed will help mega-cap tech stocks like Micron Technology (MU), Arista Networks (ANET), Adobe (ADBE) and AudioEye (AEYE).

Core PPI Increased More Than Expected

Core PPI Increased More Than Expected

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TELUS Teams Up With Mila to Advance Ethical AI Development in Canada

TU partners with Mila to enhance Canada's technology ecosystem with trustworthy, ethical AI development.

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PPI, Jobless Claims Steady; Pre-Markets Flattish

Year over year PPI on headline came in at +1.73%, down 40 bps from last month.

Itron Stock Surges 32% Year to Date: Will the Rally Continue?

ITRI's performance benefits from strong operational execution and robust demand trends across all business segments.