Adobe Inc (ADBE) concluded trading on Wednesday at a closing price of $344.19, with 3.69 million shares of worth about $1.27 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.47% during that period and on April 16, 2025 the price saw a loss of about -1.77%. Currently the company’s common shares owned by public are about 435.00M shares, out of which, 424.77M shares are available for trading.
Stock saw a price change of -5.61% in past 5 days and over the past one month there was a price change of -12.06%. Year-to-date (YTD), ADBE shares are showing a performance of -22.60% which decreased to -26.78% 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 3.99 million. The stock is currently trading -7.19% below its 20-day simple moving average (SMA20), while that difference is down -16.18% for SMA50 and it goes to -28.89% lower than SMA200.
Adobe Inc (NASDAQ: ADBE) currently have 435.00M outstanding shares and institutions hold larger chunk of about 84.39% of that.
The stock has a current market capitalization of $146.69B and its 3Y-monthly beta is at 1.56. PE ratio of stock for trailing 12 months is 22.67, while it has posted earnings per share of $15.18 in the same period. Its PEG reads 1.99 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 3.58% while standing at 3.51% over the month.
Stock’s fiscal year EPS is expected to rise by 10.58% while it is estimated to increase by 12.08% in next year. EPS is likely to shrink at an annualized rate of 11.41% 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.
