Adobe

Open: 580.6 Close: 584.68 Change: 4.08

Try an AI to get informed about investing in Adobe Stock.

How much time have you spent trying to decide whether investing in Adobe? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Adobe are: Adobe, share, …

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Stock Summary

Adobe Inc. operates through three segments: Digital Media, Digital Experience, Publishing and Advertising. The company offers Creative Cloud, a subscription service that allows members to access its creative products. The Digital Experience segment provides an integrated platform and set of.

Today's Summary

Adobe shares declined 1.5% to $624.26 during the regular trading session. Adobe called for fiscal 2024 earnings per share of $17.60 to $18 on $21.5 billion in revenue.

Today's News

Adobe shares dropped more than 6% in extended trading Wednesday after the software maker posted a lighter-than-expected forecast for 2024. Adobe called for fiscal 2024 earnings per share of $17.60 to $18 on $21.3 billion to $21.5 billion in revenue. Adobe shares declined 1.5% to $624. Adobe shares rose 0.3% to trade at $627.11 on Tuesday. Adobe expects full-year earnings in the range of $17.60 to $18 per share. Adobe is expected to report $5.12 billion in revenue vs $4.87 billion the previous quarter. Adobe shares declined 1.5% to $624.26 during the regular trading session. Adobe reported fiscal fourth-quarter net earnings of $1.49 billion, or $3.23 a share. For fiscal 2024, Adobe is forecasting $21.33 billion to $21.5 billion in revenue. Adobe (NASDAQ:ADBE) reported results in line with analysts expectations in Q4 FY2023, with revenue up 11.6% year on year to $5.05 billion. Adobe plans to bring its new design language to well over 100 apps in total. Adobe Inc. estimated that 30 million subscribers use its Adobe Creative Cloud service. Adobe Acrobat Reader opened over 300 billion PDF files in 2023. Adobe Photoshop Express recorded over 100 million downloads on Google Play Store. Adobe Illustrator generates about 180 million graphics monthly. Adobe recorded that its users spent up to $11.3 billion on their products yearly on Cyber Monday shopping. Adobe witnessed that sales made on Cyber Mondays rose by 684% against what is used to record on an ordinary day. Adobe reported earnings per share of $4.27. Levi & Korsinsky notifies Adobe Inc. investors of a class action lawsuit and upcoming deadline. Contact Levi & Korsinsky before December 19, 2023 to Discuss Your Rights. If you suffered a loss in Adobe stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/. Shares in the software provider fell 6% after it issued revenue projections for next year that undershot analysts forecasts. Lennar is due to report results. Adobe Systems came out with quarterly earnings of $4.27 per share, beating the Zacks Consensus Estimate. Adobe posted revenues of $5.05 billion for the quarter ended November 2023. Adobe shares have added about 88.3% since the beginning of the year. Adobe Inc. reported quarterly earnings of $4.27 per share which beat the analyst consensus estimate by 3.14 percent. Since Adobes latest quarterly report on December 13, the stock price has declined by 6.3%. Adobe shares have climbed 85% since the beginning of the year. Wall Street analysts say Adobe stock price is currently Undervalued. Adobe does not currently pay dividends. Adobe Systems Incorporated ( ADBE ) Stock Price Prediction, Stock Forecast for next months and years Below you will find the stock price predictions for 2023, 2024. According to present data Adobe Systemss ADBE shares and potentially its market environment have been in a bullish cycle. Adobe is changing the world through personalized digital experiences. The risks described in this press release and in Adobes filings with the U.S. could differ from actual reported amounts stated in Adobes fiscal year ended Dec. 1, 2023. Adobe shares fell sharply in extended trading after the software company gave a full-year forecast that is weaker than expected on key metrics. Theyve got so much data to work with and they also have the capital to be able to invest, Mahaney explains. Adobe achieved revenue of $5.05 billion in its fourth quarter of fiscal year 2023. Adobe expects full-year earnings in the range of $17.60 to $21.3 billion with revenue ranging from $3 billion to $20.5 billion. Adobe, Creative Cloud, Document Cloud and the Adobe logo are trademarks or trademarks. Adobe stock has received a consensus rating of buy. The 98 analysts offering price forecasts for Adobe have a median target of 492.64, with a high estimate of 690.00 and a low estimate of 310.00.

Stock Profile

"Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California."

Keywords

This document will help you to evaluate Adobe without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Adobe are: Adobe, share, revenue, report, year, earnings, forecast, and the most common words in the summary are: adobe, best, stock, price, forecast, share, credit, . One of the sentences in the summary was: Adobe shares declined 1.5% to $624.26 during the regular trading session. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #adobe #best #stock #price #forecast #share #credit.