ADBE stock

Adobe stock has been suffering since they announced the Figma acquisition earlier this month, in spite of reaching record revenue figures for the third quarter. Catherine Wood , the founder and chief investment officier at Ark Invest, is not as popular as she once was in 2020 and 2021 at the top of the growth stock bubble. All three companies have strong growth track records, and their shares are down sharply. dotbig website Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

ADBE stock

Adobe has received a 34.38% net impact score from Upright. Adobe seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Collaboration software", "Integrated development environments", and "Photograph editing software" products. Adobe has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume. According to analysts’ consensus price target of $426.74, Adobe has a forecasted upside of 48.2% from its current price of $287.94.

Short Interest 09

Short interest in Adobe has recently increased by 9.31%, indicating that investor sentiment is decreasing significantly. dotbig forex Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. To further protect the integrity of our editorial content, we keep a strict separation between Adobe stock our sales teams and authors to remove any pressure or influence on our analyses and research. Gear advertisements and other marketing efforts towards your interests. Growth stocks including MercadoLibre and Salesforce are available at a steep discount and look poised for long-term outperformance.

  • High institutional ownership can be a signal of strong market trust in this company.
  • The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
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  • These three tech stocks have room to grow and continue to enjoy strong tailwinds.
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Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares.

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There may be delays, omissions, or inaccuracies in the Information. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. dotbig ltd 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. 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. © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

ADBE stock

Brent Thill, Jefferies managing director and senior technology analyst, joins ‘Power Lunch’ to discuss what investors should do with the technology sector, why Thill likes the companies he does and more. View our full suite of financial calendars and market data tables, all for free. testimonials Adobe updated its fourth quarter 2022 earnings guidance on Thursday, October, 13th.

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Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. 30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adobe in the last twelve months. There are currently 16 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ADBE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADBE, but not buy additional shares or sell existing shares.

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. These returns cover a period from January 1, 1988 through September 12, 2022. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. dotbig investments A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Only 98 people have searched for ADBE on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days. dotbig contacts MarketBeat has tracked 26 news articles for Adobe this week, compared to 14 articles on an average week.

Latest Adbe News

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Adobe has come to dominate in content creation software with its iconic Photoshop and Illustrator solutions, both now part of the broader Creative Cloud, which is now offered via a subscription model.

The 3 Best Tech Stocks To Buy In Q4

The company provided earnings per share guidance of $3.50-$3.50 for the period, compared to the consensus earnings per share estimate of $3.45. dotbig company The company issued revenue guidance of $4.52 billion-$4.52 billion, compared to the consensus revenue estimate of $4.58 billion. Adobe has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.

Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. ServiceNow to acquire observability and log management Invest in Adobe solutions provider, Era Software, to add its unified observability solutions to the existing features of Lighstep.

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