NasdaqGS - Delayed Quote • USD
Adobe Inc. (ADBE)
At close: April 19 at 4:00 PM EDT
After hours: April 19 at 7:58 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 27 | 27 | 32 | 31 |
| Avg. Estimate | 4.12 | 4.21 | 16.94 | 19.14 |
| Low Estimate | 4.08 | 4.12 | 16.69 | 18.55 |
| High Estimate | 4.27 | 4.49 | 17.69 | 20.58 |
| Year Ago EPS | 3.91 | 4.09 | 14.81 | 16.94 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 26 | 26 | 34 | 34 |
| Avg. Estimate | 4.97B | 5.08B | 20.16B | 22.49B |
| Low Estimate | 4.95B | 5.04B | 20.06B | 22.09B |
| High Estimate | 5.04B | 5.17B | 20.44B | 23.24B |
| Year Ago Sales | -- | -- | 17.89B | 20.16B |
| Sales Growth (year/est) | -- | -- | 12.70% | 11.50% |
Earnings History
| CURRENCY IN USD | 5/31/2023 | 8/31/2023 | 11/30/2023 | 2/29/2024 |
|---|---|---|---|---|
| EPS Est. | 3.79 | 3.98 | 3.81 | 4.11 |
| EPS Actual | 3.91 | 4.09 | 3.93 | 4.21 |
| Difference | 0.12 | 0.11 | 0.12 | 0.1 |
| Surprise % | 3.20% | 2.80% | 3.10% | 2.40% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 4.12 | 4.21 | 16.94 | 19.14 |
| 7 Days Ago | 4.39 | 4.48 | 18.03 | 20.37 |
| 30 Days Ago | 4.04 | 4.12 | 16.6 | 18.75 |
| 60 Days Ago | 4.38 | 4.51 | 17.94 | 20.31 |
| 90 Days Ago | 4.38 | 4.51 | 17.95 | 20.36 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | 1 | 2 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | ADBE | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 5.40% | -- | -- | 1.60% |
| Next Qtr. | 2.90% | -- | -- | 10.50% |
| Current Year | 14.40% | -- | -- | 5.20% |
| Next Year | 13.00% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 12.55% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 19.06% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | DA Davidson: Buy to Buy | 3/28/2024 |
| Reiterates | JMP Securities: Market Perform | 3/28/2024 |
| Reiterates | Mizuho: Buy to Buy | 3/27/2024 |
| Reiterates | RBC Capital: Outperform to Outperform | 3/27/2024 |
| Maintains | Evercore ISI Group: Outperform to Outperform | 3/27/2024 |
| Maintains | BMO Capital: Outperform to Outperform | 3/27/2024 |
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