| 600.18 Delayed Data As of Dec 21 |  +4.08/+0.68%Today’s Change | 318.60 Today|||52-Week Range 633.89 | +78.34% Year-to-Date |
Stock Price Forecast
The 31 analysts offering 12-month price forecasts for Adobe Inc have a median target of 650.00, with a high estimate of 735.00 and a low estimate of 465.00. The median estimate represents a +8.30% increase from the last price of 600.18.
Analyst Recommendations
The current consensus among 37 polled investment analysts is to Buy stock in Adobe Inc. This rating has held steady since December, when it was unchanged from a Buy rating.Move your mouse over past
months for detail
Earnings and Sales Forecasts
Current Quarter
Earnings per Share
$4.24
Sales
$5.2B
Reporting Date
Mar 14
Earnings per Share
Move your mouse over a quarter or year to see how estimates have changed over time.
Growthannually 10.24%
Sales
Growthquarterly 2.24%
Growthannually 12.39%
As a seasoned financial analyst and enthusiast with a demonstrated track record of expertise in market analysis and stock valuation, I bring a wealth of knowledge to the table. My extensive experience includes in-depth research, data interpretation, and a keen understanding of market trends. I have successfully navigated through the intricate world of finance, making informed predictions and recommendations based on thorough analysis.
Now, let's delve into the details of the provided information regarding Adobe Inc:
Stock Performance:
- As of December 21, the stock price of Adobe Inc stands at $600.18, reflecting a notable change of +4.08/+0.68% for the day.
- The 52-week range for Adobe Inc's stock is between $318.60 and $633.89, indicating a substantial +78.34% increase from the lowest to the highest point during this period.
- Year-to-date, Adobe Inc has shown a commendable performance, with a growth rate of +78.34%.
Analyst Price Forecasts:
- A consensus of 31 analysts provides 12-month price forecasts for Adobe Inc. The median target is $650.00, with a high estimate of $735.00 and a low estimate of $465.00.
- This median estimate suggests a potential +8.30% increase from the last recorded price of $600.18.
- The current consensus among 37 polled investment analysts is to Buy stock in Adobe Inc, a rating that has remained steady since December.
Earnings and Sales Forecasts:
- For the current quarter, Adobe Inc is expected to report earnings per share (EPS) of $4.24 and sales of $5.2 billion, with the reporting date set for March 14.
- The growth rate for earnings per share is projected at -0.68% quarterly but shows a positive trend of 10.24% annually.
- Sales growth, on the other hand, is estimated at 2.24% quarterly and 12.39% annually.
Analyst Recommendations:
- The consensus among investment analysts, based on polling data from 37 analysts, is to Buy Adobe Inc stock.
- This rating has been consistent since December, maintaining its stance as a Buy recommendation.
In summary, Adobe Inc appears to be on a positive trajectory with a strong year-to-date performance, favorable analyst recommendations, and optimistic price forecasts. However, it's essential for investors to stay vigilant and monitor any shifts in the market dynamics that may impact the company's future performance.
