Adobe Inc (NASDAQ: ADBE) is -35.45% 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 $373.38 in the last trading session, with the day’s loss setting it -1.95%.
Currently trading at $371.43, the stock is -3.76% and -6.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.02 million and changing -0.52% at the moment leaves the stock -15.20% off its SMA200. ADBE registered -16.47% loss for a year compared to 6-month loss of -13.86%. The firm has a 50-day simple moving average (SMA 50) of $395.4766 and a 200-day simple moving average (SMA200) of $438.0137.
The stock witnessed a -10.77% gain in the last 1 month and extending the period to 3 months gives it a 9.24%, and is -1.86% down 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 2.33% over the week and 2.34% over the month.
Adobe Inc (ADBE) has around 30709 employees, a market worth around $157.56B and $22.60B in sales. Current P/E ratio is 23.75 and Fwd P/E is 16.03. Profit margin for the company is 30.39%. Distance from 52-week low is 11.87% and -36.80% from its 52-week high. The company has generated returns on investments over the last 12 months (38.30%).
The EPS is expected to grow by 11.84% this year
3724.0 institutions hold shares in Adobe Inc (ADBE), with institutional investors hold 86.68% of the company’s shares. The shares outstanding are 427.00M, and float is at 422.73M with Short Float at 1.77%. Institutions hold 86.53% of the Float.
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.
