Growth Story Still Intact For Adobe Inc (ADBE)

Adobe Inc (ADBE) concluded trading on Thursday at a closing price of $360.91, with 3.08 million shares of worth about $1.11 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.49% during that period and on April 24, 2025 the price saw a gain of about 2.54%. Currently the company’s common shares owned by public are about 435.00M shares, out of which, 425.15M shares are available for trading.

Stock saw a price change of 4.86% in past 5 days and over the past one month there was a price change of -10.59%. Year-to-date (YTD), ADBE shares are showing a performance of -18.84% which decreased to -22.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $332.01 but also hit the highest price of $587.75 during that period. The average intraday trading volume for Adobe Inc shares is 4.00 million. The stock is currently trading 0.27% above its 20-day simple moving average (SMA20), while that difference is down -10.09% for SMA50 and it goes to -24.58% lower than SMA200.

Adobe Inc (NASDAQ: ADBE) currently have 435.00M outstanding shares and institutions hold larger chunk of about 84.42% of that.

The stock has a current market capitalization of $153.82B and its 3Y-monthly beta is at 1.55. PE ratio of stock for trailing 12 months is 23.77, while it has posted earnings per share of $15.18 in the same period. Its PEG reads 2.09 and has Quick Ratio of 1.18 while making debt-to-equity ratio of 0.50. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ADBE, volatility over the week remained 2.52% while standing at 3.57% over the month.

Stock’s fiscal year EPS is expected to rise by 10.55% while it is estimated to increase by 12.02% in next year. EPS is likely to shrink at an annualized rate of 11.35% for next 5-years, compared to annual growth of 15.54% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on April 16, 2025 offering an Outperform rating for the stock and assigned a target price range of between $495 and $450 to it. Coverage by RBC Capital Mkts stated Adobe Inc (ADBE) stock as an Outperform in their note to investors on April 14, 2025, suggesting a price target of $480 for the stock. On March 21, 2025, KeyBanc Capital Markets Upgrade their recommendations, while on March 13, 2025, BMO Capital Markets Reiterated their ratings for the stock with a price target of $495. Stock get a Neutral rating from Redburn Atlantic on February 19, 2025.

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