Adobe Inc.

NASDAQ (USD): Adobe Inc. (ADBE)

Last Price

477.70

Today's Change

-72.23 (13.13%)

Day's Change

476.56 - 494.00

Trading Volume

11,468,207

Overview

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0.00

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Company Profile

Sector: Technology - Technology

Industry: Software—Infrastructure

Description:

Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.

Discussions
3 people like this. Showing 3 of 3 comments

kong73

i like adobe. essentially got a big moat for graphic media content tool

2022-09-26 02:27

kong73

Ads spending is down for meta..will adobe be impacted?

2022-10-12 10:14

kong73

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

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