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Adobe (ADBE)

(Delayed Data from NSDQ)

$558.30 USD

558.30
2,021,770

+0.86 (0.15%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $557.95 -0.35 (-0.06%) 7:58 PM 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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2-Buy of 5   2      

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 F Momentum D 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 29% (72 out of 251)

Industry: Computer - Software

Better trading starts here.

Zacks News

San Jose California-based Adobe Inc. is one of the largest software companies in the world. Adobe picks up licensing fees from customers, which form the bulk of its revenue. The company also offers technical support and education, which account for the balance. The company operates through three segments. The Digital Media solutions segment enables small businesses and enterprises to create highly compelling content, deliver it across diverse media through smartphones, tablets, e-readers, and other devices, and then optimize it through systematic targeting and measurement.

Sheraz Mian headshot

Tech Sector Resumes Growth Mode

As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. On the other hand, the Energy sector continues to negatively impact the overall earnings picture.

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Top Stock Reports for UnitedHealth, Johnson & Johnson & Oracle

Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group Incorporated (UNH), Johnson & Johnson (JNJ) and Oracle Corporation (ORCL).

Hewlett Packard (HPE) to Enhance Houston Airports' Networking

Hewlett Packard (HPE) announces that its Wi-Fi 6E-enabled HPE Aruba Networking solution has been chosen by Houston Airports.

Will Adobe's (ADBE) Q1 Earnings Gain From Digital Media?

Adobe's (ADBE) fiscal first-quarter results are expected to reflect strength in its solid Digital Media segment.

Sabre (SABR) Unveils the Red Launchpad Booking Solution

Sabre (SABR) announces the development of its Red Launchpad, built in partnership with Internova Travel Group.

Adobe (ADBE) to Report Q1 Earnings: What's in the Offing?

Adobe's (ADBE) first-quarter fiscal 2024 results are expected to reflect gains from the solid momentum across the Digital Media and Digital Experience segments.

Market Keenly Awaits CPI Report

Market Keenly Awaits CPI Report.

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Approaching Earnings Island; Pre-Markets Lower

While Q4 earnings season is essentially over, we will see off-quarter reports from a decent number of significant companies this week.

Costco, AutoZone, Oracle and Adobe are part of Zacks Earnings Preview

Costco, AutoZone, Oracle and Adobe are highlights of Zacks Earnings Preview article.

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Previewing the 2024 Q1 Earnings Season

2024 Q1 earnings are currently expected to be up +2.4% from the same period last year on +3.5% higher revenues, reflecting the third consecutive period of positive earnings growth. The Tech sector is poised to flex its power again, helping brighten the overall earnings picture in a big way.

Hewlett Packard (HPQ) Unveils Solutions for Its Partners

Hewlett Packard (HPQ) introduces a range of solutions and services, including HP WEX, for its partners.

Broadcom (AVGO) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Broadcom's (AVGO) first-quarter fiscal 2024 results benefit from strong demand for networking and generative AI solutions.

Samsara's (IOT) Q4 Earnings Beat Estimates, Revenues Up Y/Y

Samsara's (IOT) fiscal fourth-quarter performance benefits from expanding its customer base.

Zacks Investment Ideas feature highlights: Adobe, Apple, Nvidia and Block

Adobe, Apple, Nvidia and Block have been highlighted in this Investment Ideas article.

The Zacks Analyst Blog Highlights Adobe, United Parcel Service, Deere, Toyota Motor and Monster Beverage

Adobe, United Parcel Service, Deere, Toyota Motor and Monster Beverage are included in this Analyst Blog.

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3 Standout Tech Stocks to Buy Down at Least 15%

Investors might want to be greedy while others are fearful and buy impressive tech stocks at a discount while Nvidia and others reach overbought levels in the short-term.

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Top Research Reports for Adobe, United Parcel & Deere

Today's Research Daily features new research reports on 16 major stocks, including Adobe Inc. (ADBE), United Parcel Service, Inc. (UPS) and Deere & Company (DE).

Logitech (LOGI) Launches MX Brio 705 Webcam for Business

Logitech (LOGI) unveils MX Brio 705 for Business, featuring its Master Series capabilities, combined with an advanced webcam sensor.

Adobe Systems (ADBE) Reports Next Week: Wall Street Expects Earnings Growth

Adobe (ADBE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Adobe Earnings: Buy This Tech Stock Down 20% and Hold?

Adobe (ADBE) trades nearly 20% below its all-time highs heading into its Q1 FY24 earnings release on March 14.

QuickLogic (QUIK) Secures Five-year Contract for Its eFPGA IP

QuickLogic's (QUIK) embedded FPGA IP is set to power the AI transformation of an unnamed multinational company for its capability to handle AI data acceleration algorithms.

Tyler (TYL) Signs Deal to Enhance Maryland's Cloud Capabilities

Tyler (TYL) signs a five-year contract with Maryland to provide a fully cloud-hosted infrastructure, which is accessible to all residents of the state.

Adobe Inc. (ADBE) is Attracting Investor Attention: Here is What You Should Know

Adobe (ADBE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Sea Limited (SE) Q4 Earnings Miss Estimates, Revenues Up Y/Y

Sea Limited's (SE) fourth-quarter 2023 results benefit from a solid uptick in e-commerce and digital financial services businesses.

GitLab (GTLB) Posts Gain in Q4, Beats Revenue Estimates

GitLab's (GTLB) fiscal fourth-quarter results benefit from solid subscription revenue growth driven by expanding clientele.