The price of Adobe Inc (NASDAQ:ADBE) shares last traded on Wall Street fell -5.32% to $391.68.
ADBE stock price is now 1.61% away from the 50-day moving average and -13.51% away from the 200-day moving average. The market capitalization of the company currently stands at $166.93B.
With the price target reduced from $495 to $450, BMO Capital Markets maintained Outperform rating for Adobe Inc (NASDAQ: ADBE). On April 14, 2025, RBC Capital Mkts reiterated its ‘Outperform’ rating on the stock by increasing its target price from $530 to quote $480, while ‘KeyBanc Capital Markets’ rates the stock as ‘Sector Weight’
In other news, Forusz Jillian, SVP & CAO sold 462 shares of the company’s stock on May 02 ’25. The stock was sold for $175,828 at an average price of $380.58. Upon completion of the transaction, the SVP & CAO now directly owns 2,834 shares in the company, valued at $1.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 02 ’25, Officer Forusz Jillian bought 462 shares of the business’s stock. A total of $175,828 was incurred on buying the stock at an average price of $380.58. A total of 0.35% of the company’s stock is owned by insiders.
During the past 12 months, Adobe Inc has had a low of $332.01 and a high of $587.75. As of last week, the company has a debt-to-equity ratio of 0.57, a current ratio of 0.99, and a quick ratio of 1.18. According to the stock market information, the enterprise value for the company is $168489041920, which is based on a 25.05 price-to-earnings ratio, a 2.07 price-to-earnings-growth ratio, and a beta of 1.54. The fifty day moving average price for ADBE is $385.4746 and a two-hundred day moving average price translates $452.85565 for the stock.
The latest earnings results from Adobe Inc (NASDAQ: ADBE) was released for 2025-05-30. The net profit margin was 30.39% and return on equity was 52.25% for ADBE. The company reported revenue of $5.71 billion for the quarter, compared to $5.18 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.27 percent. For the current quarter, analysts expect ADBE to generate $5.91B in revenue.
