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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/4/2024 | $580.00 → $625.00 | Outperform | Oppenheimer |
| 6/14/2024 | $570.00 → $580.00 | Neutral → Overweight | JP Morgan |
| 6/10/2024 | $510.00 | Buy → Hold | Melius |
| 3/21/2024 | $445.00 | Underweight | KeyBanc Capital Markets |
| 1/18/2024 | $499.00 | Neutral → Underperform | Exane BNP Paribas |
| 12/18/2023 | Equal Weight → Overweight | Barclays | |
| 12/8/2023 | $670.00 → $690.00 | Outperform | BMO Capital Markets |
| 10/26/2023 | $660.00 | Perform → Outperform | Oppenheimer |
10-Q - ADOBE INC. (0000796343) (Filer)
8-K - ADOBE INC. (0000796343) (Filer)
8-K - ADOBE INC. (0000796343) (Filer)
Oppenheimer reiterated coverage of Adobe with a rating of Outperform and set a new price target of $625.00 from $580.00 previously
JP Morgan upgraded Adobe from Neutral to Overweight and set a new price target of $580.00 from $570.00 previously
Melius downgraded Adobe from Buy to Hold and set a new price target of $510.00
4 - ADOBE INC. (0000796343) (Issuer)
4 - ADOBE INC. (0000796343) (Issuer)
4 - ADOBE INC. (0000796343) (Issuer)
New CEO has driven significant product capabilities, launched new SaaS platform, bolstered the leadership team, and refreshed the brand as company prepares for the AI era CloudBees, one of the world's leading software development platforms, announced today that thousands of developers and industry leaders will convene at DevOps World Virtual 2024 to celebrate 20 years of Jenkins and the future of DevSecOps, and the path forward as the world's businesses invest in cloud transformation and software for the AI era. "The Global 2000 has three key priorities - empower developers, modernize applications securely, and embrace the power of AI in their transformation journey. The reality, however,
Record Q3 net new Digital Media ARR of $504 million, with exiting RPO surpassing $18 billion and growing 15 percent year over year Adobe (NASDAQ:ADBE) today reported financial results for its third quarter fiscal year 2024 ended Aug. 30, 2024. "Adobe's record Q3 performance is a testament to our relentless innovation and commitment to delivering value to our customers," said Shantanu Narayen, chair and CEO, Adobe. "With groundbreaking advancements in AI across Creative Cloud, Document Cloud and Experience Cloud, we are empowering millions of users worldwide." "In Q3, Adobe delivered cash flows of over $2 billion and exited the quarter with record RPO, demonstrating the power of combining
Company Leadership to Host Investor Q&A at Adobe MAX 2024 on Oct. 14 Today, Adobe (NASDAQ:ADBE) announced it will release its third quarter fiscal year 2024 results after the market closes on Thursday, Sept. 12, 2024, followed by a conference call with investors from 2-3 p.m. Pacific Time. The conference call will be streamed live on the Adobe Investor Relations Site. Following the call, a recording and related materials will be available on the site. Additionally, Adobe announced it will host a Q&A session with company leadership at Adobe MAX 2024 in Miami Beach, FL on Monday, Oct. 14, 2024 at 2 p.m. Eastern Time. Audio of the event will be streamed live on the Adobe Investor Relations
Stagwell and Adobe to build a modern marketing partnership with expanded Global wins, while launching a three-year innovative joint go-to-market business partnership leveraging each company's unique offerings Stagwell's agencies 72andSunny, Code and Theory, Locaria, Movers+Shakers, National Research Group and more to collaborate for Adobe at a global scale NEW YORK, Oct. 1, 2024 /PRNewswire/ -- Adobe (NASDAQ:ADBE) today appointed Stagwell (NASDAQ:STGW), the challenger network built to transform marketing, as its global lead for creative campaigns and social content for its Digital Media (DMe) business. Leveraging the integrated strengths of five agencies across the network from upstream rese
Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced it is appointing Scott Belsky to its Board of Directors effective August 1, 2024. Scott is the Chief Strategy Officer and Executive Vice President, Design & Emerging Products, at Adobe (NASDAQ:ADBE), a leader in creative, digital document and digital experience technology. "I'm excited for Scott to bring his deep strategy and product experience to our Board. He's built loveable products used by millions of people around the world, and knows how to deliver customer value. Scott understands the tech industry and has a strong pulse for the trends shaping our world. Never h
Company adds proven SaaS public company CHRO, Jeff Harper, and additional senior roles amidst ongoing scale and expansion. AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced it has brought on public SaaS company veteran Jeff Harper as Chief Human Resources Officer (CHRO) to help scale the organization and infrastructure, continue to attract and retain exceptional talent, and steward AuditBoard's award-winning company culture through continued rapid growth. In addition, AuditBoard has appointed two internal leaders to new senior positions to support the next phase of growth and expansion for the business, naming Anthony Pl
DevRev, an AI-native platform for the enterprise, today announced product enhancements that will usher in a new era of enterprise SaaS, driven by advanced conversational AI experiences, to simplify the way we work. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241017108528/en/(Graphic: DevRev) Enterprises are excited about the potential of AI, but they've faced significant obstacles in the path to adoption like clunky systems that don't integrate with each other, AI that doesn't play well with human workflows and the lack of organized data to train AI models to be effective. DevRev's AI is different because it's built on the fo
Over 100 new Creative Cloud features empower creative professionals with more speed, precision and control and power even more of the creative process, with powerful new innovations across Photoshop, Illustrator, Premiere Pro, InDesign, Lightroom, Adobe Express and an all-new Frame.io Adobe's Firefly family of creative generative AI models, designed to be commercially safe, expands to video and delivers breakthroughs in imaging, vectors and design GenStudio for Performance Marketing, now generally available, is the latest enterprise application within Adobe GenStudio, Adobe's end-to-end content supply chain solution Today, Adobe (NASDAQ:ADBE) brought together the global creative comm
GenStudio for Performance Marketing is the latest enterprise application within Adobe GenStudio, Adobe's existing end-to-end content supply chain solution that optimizes the process of planning, creating, managing, activating and measuring content for marketing campaigns and personalized customer experiences Adobe's new generative AI-first application brings marketers and creatives together to scale on-brand digital experiences through Adobe Firefly and third-party large language models, with the ability to organize, generate, remix and measure content variations that span use cases across performance, social, email, growth and paid media marketing Adobe unveiled expanded, integrated p
SC 13G/A - ADOBE INC. (0000796343) (Subject)
SC 13G/A - ADOBE INC. (0000796343) (Subject)
SC 13G/A - ADOBE INC. (0000796343) (Subject)
4 - ADOBE INC. (0000796343) (Issuer)
https://news.adobe.com/news/news-details/2024/Adobes-Recent-Statement-Regarding-Updated-Federal-Trade-Commission-Complaint-/default.aspx
Whales with a lot of money to spend have taken a noticeably bearish stance on Adobe. Looking at options history for Adobe (NASDAQ:ADBE) we detected 33 trades. If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 30% with bearish. From the overall spotted trades, 17 are puts, for a total amount of $1,217,160 and 16, calls, for a total amount of $1,050,651. Expected Price Movements Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $170.0 to $650.0 for Adobe over the recent three months. Volume & Open Interest Development Assessing the vol
Adobe (NASDAQ:ADBE) has outperformed the market over the past 20 years by 9.64% on an annualized basis producing an average annual return of 18.04%. Currently, Adobe has a market capitalization of $246.28 billion. Buying $100 In ADBE: If an investor had bought $100 of ADBE stock 20 years ago, it would be worth $2,798.14 today based on a price of $555.43 for ADBE at the time of writing. Adobe's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed