Last Price
563.41
Today's Change
-4.52 (0.79%)
Day's Change
558.00 - 573.31
Trading Volume
2,007,259
Market Cap
249 Billion
Shares Outstanding
443 Million
Latest Quarter
31-May-2024 [Q2]
Announcement Date
26-Jun-2024
Reported Currency
USD
Revenue QoQ | YoY
2.45% | 10.24%
NP QoQ | YoY
153.71% | 21.47%
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
11.93 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