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Adobe (ADBE)

(Delayed Data from NSDQ)

$477.12 USD

477.12
2,336,178

+4.22 (0.89%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $475.70 -1.42 (-0.30%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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 B Growth D Momentum D 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 35% (87 out of 252)

Industry: Computer - Software

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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.

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2024 Q1 Earnings Loom: What Can Investors Expect?

by Sheraz Mian

Q1 earnings are expected to be up +2.1% from the same period last year on +3.4% higher revenues, with the Technology sector again playing a big role in keeping the overall earnings picture positive.

Adobe (ADBE) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y

by Zacks Equity Research

Adobe's (ADBE) fiscal first-quarter results benefit from the strong momentum across Creative Cloud, Document Cloud and Experience Cloud.

CrowdStrike (CRWD) Unveils New Services for Public Companies

by Zacks Equity Research

CrowdStrike (CRWD) introduces the industry's first SEC Readiness Services for publicly traded companies.

Zacks Earnings Trends Highlights: Oracle and Adobe

by Zacks Equity Research

Oracle and Adobe are part of the Zacks Earnings Trends article.

NetApp (NTAP) Up 65% in the Past Year: Will the Rally Last?

by Zacks Equity Research

NetApp (NTAP) expects momentum in all-flash products, and hyper-scaler first-party and marketplace services to drive revenues amid soft macroeconomic conditions.

Adobe (ADBE) Reports Q1 Earnings: What Key Metrics Have to Say

by Zacks Equity Research

While the top- and bottom-line numbers for Adobe (ADBE) give a sense of how the business performed in the quarter ended February 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Mark Vickery headshot

Markets Pull Back on Consumer Spending Concerns

by Mark Vickery

From October lows, all four major indices are trading extraordinarily higher.

Adobe Systems (ADBE) Tops Q1 Earnings and Revenue Estimates

by Zacks Equity Research

Adobe (ADBE) delivered earnings and revenue surprises of 2.28% and 0.94%, respectively, for the quarter ended February 2024. Do the numbers hold clues to what lies ahead for the stock?

CyberArk (CYBR) to Secure Heng Leong Hang's IT Infrastructure

by Zacks Equity Research

CyberArk (CYBR) is set to secure the IT infrastructure of Taiwanese retail brand, Heng Leong Hang, with its Identity Security Platform.

Microsoft (MSFT) to Make Copilot for Security Available Widely

by Zacks Equity Research

Microsoft (MSFT) is set to make its artificial intelligence product, Copilot for Security, available worldwide next month, under a pay-as-you-go licensing model.

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

by Zacks Equity Research

According to the average brokerage recommendation (ABR), one should invest in Adobe (ADBE). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Sheraz Mian headshot

Tech Sector Resumes Growth Mode

by Sheraz Mian

As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. On the other hand, the Energy sector continues to negatively impact the overall earnings picture.

Sheraz Mian headshot

Tech Sector Resumes Growth Mode

by Sheraz Mian

As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. On the other hand, the Energy sector continues to negatively impact the overall earnings picture.

Mark Vickery headshot

Top Stock Reports for UnitedHealth, Johnson & Johnson & Oracle

by Mark Vickery

Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group Incorporated (UNH), Johnson & Johnson (JNJ) and Oracle Corporation (ORCL).

Hewlett Packard (HPE) to Enhance Houston Airports' Networking

by Zacks Equity Research

Hewlett Packard (HPE) announces that its Wi-Fi 6E-enabled HPE Aruba Networking solution has been chosen by Houston Airports.

Will Adobe's (ADBE) Q1 Earnings Gain From Digital Media?

by Zacks Equity Research

Adobe's (ADBE) fiscal first-quarter results are expected to reflect strength in its solid Digital Media segment.

Sabre (SABR) Unveils the Red Launchpad Booking Solution

by Zacks Equity Research

Sabre (SABR) announces the development of its Red Launchpad, built in partnership with Internova Travel Group.

Adobe (ADBE) to Report Q1 Earnings: What's in the Offing?

by Zacks Equity Research

Adobe's (ADBE) first-quarter fiscal 2024 results are expected to reflect gains from the solid momentum across the Digital Media and Digital Experience segments.

Market Keenly Awaits CPI Report

by Zacks Equity Research

Market Keenly Awaits CPI Report.

Mark Vickery headshot

Approaching Earnings Island; Pre-Markets Lower

by Mark Vickery

While Q4 earnings season is essentially over, we will see off-quarter reports from a decent number of significant companies this week.

Costco, AutoZone, Oracle and Adobe are part of Zacks Earnings Preview

by Zacks Equity Research

Costco, AutoZone, Oracle and Adobe are highlights of Zacks Earnings Preview article.

Sheraz Mian headshot

Previewing the 2024 Q1 Earnings Season

by Sheraz Mian

2024 Q1 earnings are currently expected to be up +2.4% from the same period last year on +3.5% higher revenues, reflecting the third consecutive period of positive earnings growth. The Tech sector is poised to flex its power again, helping brighten the overall earnings picture in a big way.

Hewlett Packard (HPQ) Unveils Solutions for Its Partners

by Zacks Equity Research

Hewlett Packard (HPQ) introduces a range of solutions and services, including HP WEX, for its partners.

Broadcom (AVGO) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

by Zacks Equity Research

Broadcom's (AVGO) first-quarter fiscal 2024 results benefit from strong demand for networking and generative AI solutions.

Samsara's (IOT) Q4 Earnings Beat Estimates, Revenues Up Y/Y

by Zacks Equity Research

Samsara's (IOT) fiscal fourth-quarter performance benefits from expanding its customer base.