Currently, there are 435.00M common shares owned by the public and among those 424.77M shares have been available to trade.
The company’s stock has a 5-day price change of -5.06% and -14.17% over the past three months. ADBE shares are trading -13.83% year to date (YTD), with the 12-month market performance down to -24.06% lower. It has a 12-month low price of $374.50 and touched a high of $587.75 over the same period. ADBE has an average intraday trading volume of 3.83 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.68%, -10.75%, and -22.32% respectively.
Institutional ownership of Adobe Inc (NASDAQ: ADBE) shares accounts for 84.52% of the company’s 435.00M shares outstanding.
It has a market capitalization of $163.32B and a beta (3y monthly) value of 1.49. The stock’s trailing 12-month PE ratio is 25.24, while the earnings-per-share (ttm) stands at $15.18. The company has a PEG of 2.20 and a Quick Ratio of 1.18 with the debt-to-equity ratio at 0.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.46% over the week and 2.90% over the month.
Earnings per share for the fiscal year are expected to increase by 10.66%, and 12.19% over the next financial year. EPS should shrink at an annualized rate of 11.46% over the next five years, compared to 15.54% over the past 5-year period.
BMO Capital Markets coverage for the Adobe Inc (ADBE) stock in a research note released on March 13, 2025 offered a Outperform rating with a price target of $495. Redburn Atlantic was of a view on February 19, 2025 that the stock is Neutral, while Exane BNP Paribas gave the stock Neutral rating on January 15, 2025, issuing a price target of $425. Deutsche Bank on their part issued Hold rating on January 08, 2025.
