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Adobe (ADBE)

(Delayed Data from NSDQ)

$502.80 USD

502.80
3,728,705

-14.98 (-2.89%)

Updated Oct 1, 2024 04:00 PM ET

Pre-Market: $503.96 +1.16 (0.23%) 8:56 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value C Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 25% (62 out of 252)

Industry: Computer - Software

Better trading starts here.

Zacks News

C3.ai (AI) Gears Up to Report Q2 Earnings: What's in the Cards?

C3.ai's (AI) second-quarter fiscal 2024 performance will likely reflect a significant increase in Generative AI opportunities.

Domo's (DOMO) Q3 Earnings Break Even, Revenues Increase Y/Y

Domo's (DOMO) third-quarter 2024 results reflect improved subscription revenues driven by strong customer retention.

SentinelOne (S) to Report Q3 Earnings: What's in the Cards?

SentinelOne's (S) third-quarter fiscal 2024 performance is expected to reflect improved generative AI capabilities in its cybersecurity solutions.

DELL Q3 Earnings Beat Estimates, Lower Storage Hurt Revenues

DELL's third-quarter fiscal 2024 results reflect sluggish product revenues driven by lower storage and PC sales.

BCE Subsidiary Bell Canada Acquires 3800 MHz Spectrum Licenses

BCE's subsidiary Bell has acquired 939 spectrum licenses, which will provide it with 100 MHz of 3500 MHz and 3800 MHz cross-band spectrum.

FLEX Stock Rises 19.6% YTD: Will the Upward Trend Continue?

FLEX's performance benefits from strength across automotive business. Subdued IT spending amid global macro weakness is a concern.

Are Computer and Technology Stocks Lagging Adobe (ADBE) This Year?

Here is how Adobe Systems (ADBE) and Crexendo (CXDO) have performed compared to their sector so far this year.

Investors Heavily Search Adobe Inc. (ADBE): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Adobe (ADBE). This makes it worthwhile to examine what the stock has in store.

NetApp (NTAP) Q2 Earnings & Revenues Top Estimates, Stock Up

NetApp's (NTAP) Q2 performance is hurt by weak IT spending environment. However, management raises full-year outlook due to strength in product, and hyper-scaler first-party and marketplace services.

Axcelis (ACLS) Jumps 58.4% YTD: Will the Uptrend Continue?

Axcelis' (ACLS) performance is gaining from healthy uptake of Purion suite of products.

Adobe Systems (ADBE) Stock Moves -0.03%: What You Should Know

Adobe Systems (ADBE) closed at $619.27 in the latest trading session, marking a -0.03% move from the prior day.

Why This 1 Computer and Technology Stock Could Be a Great Addition to Your Portfolio

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

SAP Stock Jumps 49.4% YTD: Will the Upward Trend Continue?

SAP's performance is gaining from continued momentum in its cloud business. Also, opportunities presented by proliferation of generative AI bode well.

Should You Invest in the SPDR NYSE Technology ETF (XNTK)?

Sector ETF report for XNTK

Alphabet's (GOOGL) Google Adds Bard Capabilities to YouTube

Alphabet (GOOGL) announces the extension of Bard capabilities to YouTube, allowing users to ask questions about a particular video.

Watts Water (WTS) Surges 33% YTD: Will the Upward Trend Last?

Watts Water's (WTS) performance benefits from continued demand for its products as well as synergies from acquisitions.

Autodesk (ADSK) Q3 Earnings and Sales Surpass Expectations

Autodesk's (ADSK) revenues and earnings in the third quarter of fiscal 2024 gain from new business growth, steady subscription renewal rates and strong competitive performance.

Zacks Industry Outlook Highlights Adobe, Salesforce and Cadence Design Systems

Adobe, Salesforce and Cadence Design Systems are part of the Zacks Industry Outlook article.

Woodward (WWD) Spikes 36.1% YTD: Will the Uptrend Persist?

Woodward's (WWD) performance benefits from continued momentum in the Aerospace and Industrial segments. Yet, lower Defense OEM sales owing to weak guided weapons sales remain a concern.

Zoom (ZM) Q3 Earnings Beat, Customer Growth Drives Revenues

Zoom's (ZM) third-quarter fiscal 2024 results reflect growth in Enterprise customers, which drives the top line.

Vaishali Doshi headshot

3 Software Stocks to Watch for in a Prospering Industry

Computer Software industry participants like Adobe (ADBE), Salesforce (CRM) and Cadence Design Systems (CDNS) benefit from steady digital transformations and strong adoption of cloud computing despite macroeconomic turbulence.

Adobe Systems (ADBE) Beats Stock Market Upswing: What Investors Need to Know

In the most recent trading session, Adobe Systems (ADBE) closed at $612.70, indicating a +1.67% shift from the previous trading day.

Cadence (CDNS) Stock Gains 67% YTD: Will the Uptrend Last?

Cadence (CDNS) is benefiting from strong demand for its diversified portfolio across all segments.

Woodward (WWD) Q4 Earnings & Revenues Beat, Increase Y/Y

Woodward (WWD) fiscal fourth-quarter performance benefits from continued momentum in the Aerospace and Industrial segments.