Adobe Inc (NASDAQ: ADBE) is -13.88% lower on its value in year-to-date trading and has touched a low of $332.01 and a high of $587.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADBE stock was last observed hovering at around $381.06 in the last trading session, with the day’s gains setting it 1.92%.
Currently trading at $382.98, the stock is 6.25% and -1.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing 0.50% at the moment leaves the stock -18.69% off its SMA200. ADBE registered -19.64% loss for a year compared to 6-month loss of -19.89%.
The stock witnessed a 9.71% gain in the last 1 month and extending the period to 3 months gives it a -13.00%, and is 3.23% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.19% over the week and 3.35% over the month.
Adobe Inc (ADBE) has around 30709 employees, a market worth around $163.23B and $22.04B in sales. Current P/E ratio is 25.22 and Fwd P/E is 16.79. Profit margin for the company is 30.63%. Distance from 52-week low is 15.35% and -34.84% from its 52-week high. The company has generated returns on investments over the last 12 months (34.47%).
with sales reaching $5.8B over the same period.The EPS is expected to grow by 10.55% this year, but quarterly earnings will post 9.12% year-over-year. Quarterly sales are estimated to grow 9.20% in year-over-year returns.
Adobe Inc (ADBE) Top Institutional Holders
The shares outstanding are 435.00M, and float is at 424.72M with Short Float at 2.70%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 41.03 million shares valued at $22.8 billion. The investor’s holdings represent 9.1386% of the ADBE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 38.57 million shares valued at $21.43 billion to account for 8.5908 of the shares outstanding. The other top investors are STATE STREET CORP which holds 20.04 million shares representing 4.4622% and valued at over $11.13 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.3121 of the shares totaling 10.38 million with a market value of $5.75 billion.
Adobe Inc (ADBE) Insider Activity
The most recent transaction is an insider sale by Forusz Jillian, the company’s SVP & CAO. SEC filings show that Forusz Jillian sold 462 shares of the company’s common stock on May 02 ’25 at a price of $380.58 per share for a total of $0.18 million. Following the sale, the insider now owns 2834.0 shares.
Still, SEC filings show that on Apr 01 ’25, Belsky Scott (Officer) Proposed Sale 5,012 shares at an average price of $383.00 for $1.92 million. The insider now directly holds shares of Adobe Inc (ADBE).
