Last Price
516.26
Today's Change
+0.06 (0.01%)
Day's Change
504.50 - 516.78
Trading Volume
1,941,462
Market Cap
227 Billion
Shares Outstanding
440 Million
Latest Quarter
30-Aug-2024 [Q3]
Announcement Date
25-Sep-2024
Reported Currency
USD
Revenue QoQ | YoY
1.86% | 10.59%
NP QoQ | YoY
7.06% | 20.03%
Latest Annual
01-Dec-2023
Announcement Date
16-Jan-2024
Reported Currency
USD
Revenue | Net Profit
19,409,000,000.00 | 5,428,000,000.00
EPS | EPS Diluted
11.88 Cent | 11.83 Cent
YoY
14.13%
NP Margin
27.97%
Adobe stock has fallen more than 50% in the last year.
The market reacted too negatively to the $20 billion acquisition of Figma.
The company still has a solid balance sheet and a wide moat.
Adobe can deliver very attractive returns to long-term investors at the current valuation.
Adobe's stock has fallen more than 50% in the last year. The main reasons are the current bad macroeconomic situation and the very high valuation at which Adobe was trading at an all-time high.
2022-10-21 19:20
kong73
i like adobe. essentially got a big moat for graphic media content tool
2022-09-26 02:27