This, along with better-than-expected corporate earnings, should help the index stay resilient in the near term. Therefore, it could be wise to invest in fundamentally sound Nasdaq 100 stocks Adobe , Autodesk , Dollar ADBE Tree , and Gilead Sciences . ADBE is seeing heavy trading today with some 6 million shares on the move as of this writing. That’s already above the daily average trading volume of about 2.6 million shares.

• Adobe seems to create the most significant positive value in categories “Taxes”, “Knowledge infrastructure”, and “Jobs”.
• 29 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Adobe in the last year.
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• This puts Shantanu Narayen in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Only 63 people have added Adobe to their MarketBeat watchlist in the last 30 days. 156 people have searched for ADBE on MarketBeat in the last 30 days.

Key Data

This is an increase of 114% compared to the previous 30 days. MarketBeat has tracked 21 reddit mentions for Adobe this week, compared to 3 mentions on an average week. Upgrade to MarketBeat Daily Premium Forex to add more stocks to your watchlist. Stocktwits.com needs to review the security of your connection before proceeding. Vector art and Illustrations Royalty-free stock illustrations and vector art.

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage dotbig review of its current stock price. Adobe’s announcement that it was acquiring Figma for $20 billion drowned out the firm’s solid third-quarter results and mixed fourth-quarter outlook. The purchase price will be paid split about evenly between stock and cash, with the deal expected to close in 2023 pending regulatory and shareholder approval.

Trading Expectations For The Upcoming Trading Day Of Wednesday 21st

A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. As for https://dotbig.com/, Adobe will issue 6 million additional restricted units that will vest over a four-year period. The company will use cash on hand for the other part of the deal or may acquire a term loan if necessary. StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks. All users should speak with their financial advisor before buying or selling any securities. Users should not base their investment decision upon StockInvest.us. By using the site you agree and are held liable for your own investment decisions and agree to the Terms of Use and Privacy Policy.Please read the full disclaimer here.

The company is planning for an even split of cash and stock to acquire Figma. To further protect the integrity of our editorial content, we keep a strict separation between our https://www.ig.com/en/forex sales teams and authors to remove any pressure or influence on our analyses and research. We’d like to share more about how we work and what drives our day-to-day business.

Top Fintech Company

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive dotbig website at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

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Analysts expect ADBE’s revenue to increase 12.9% year-over-year to $4.44 billion for the third quarter ending August 2022. The consensus EPS estimate of $3.35 represents a 7.7% improvement year-over-year for the third quarter ending August 2022. Operating income grew 12% from its year-ago value to $1.97 billion, while its non-GAAP net income amounted to $1.59 billion, up 8.9% from the prior-year quarter. The company’s non-GAAP EPS rose 10.6% year-over-year to $3.35. Also, last month ADBE expanded its partnership with The Home Depot to improve the customer experience. As part of the company’s interconnected retail strategy, a smooth experience extends across e-commerce, an award-winning mobile app, and in-store services such as pickup lockers and an in-app product locator.

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The company provided EPS guidance of $3.50-$3.50 for the period, compared to the consensus estimate of $3.45. The company issued revenue guidance of $4.52 billion-$4.52 billion, compared to the consensus revenue estimate of $4.58 billion. During the first quarter ending April 30, 2022, ADSK’s total net revenue increased 18.3% year-over-year to $1.17 billion. Its income from operations grew 59.7% year-over-year to $214.00 million, while its net income came in at $146.00 https://dotbig.com/markets/stocks/ADBE/ million. ADSK provides 3D design, engineering, and entertainment software and services worldwide. The company offers AutoCAD Civil 3D, surveying, design, analysis, and documentation solutions for civil engineering, including land development, transportation, and environmental projects. ADBE – The Nasdaq 100 surged after the Fed announced a 75 basis-point rate hike for the second straight month and hinted at pausing the policy tightening depending on economic data.

This stock may move much during the day and with a large prediction interval from the Bollinger Band this stock https://dotbig.com/markets/stocks/ADBE/ is considered to be “high risk”. During the last day, the stock moved $6.27 between high and low, or 2.18%.