Adobe has received a consensus rating of Buy. The company’s average rating score is 2.81, and is based on 21 buy ratings, 5 hold ratings, and no sell ratings.
Similarly What time does Adobe report earnings today? Q1 FY22 Earnings Conference Call. Tuesday March 22, 2022 – 2pm PT/5pm ET. View and listen to a webcast of the latest earnings conference call, hosted by the Adobe executive team.
Will Adobe stock go up? Analysts expect its revenue to rise 14% to $17.9 billion in fiscal 2022, then grow 15% to $20.6 billion in 2023. They expect its adjusted EPS to increase 10% in 2022 and climb another 18% in 2023. Based on those expectations, Adobe trades at 30 times forward earnings and 12 times this year’s sales.
Additionally, When was Adobe last earnings report?
ADBE Earnings Information
Adobe last released its quarterly earnings data on March 22nd, 2022. The software company reported $3.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.03. The firm earned $4.26 billion during the quarter, compared to analyst estimates of $4.24 billion.
Who are Adobe’s competitors?
Competitors and Alternatives to Adobe
- Google.
- IBM.
- Oracle.
- Kissmetrics.
- Amplitude.
- CleverTap.
- Glassbox.
- ContentSquare (ClickTale)
Does ADBE pay a dividend? ADOBE (NASDAQ: ADBE) does not pay a dividend.
Are Microsoft and Adobe’s competitors? Adobe competitors include Salesforce, Google, Microsoft, Apple and Oracle.
Why is Adobe better than Salesforce? Adobe is most highly rated for Compensation and benefits and Salesforce is most highly rated for Compensation and benefits.
…
Overall Rating.
| Overall Rating | 4.3 | 4.3 |
|---|---|---|
| Compensation and benefits | 4.2 | 4.3 |
| Job security and advancement | 3.7 | 3.9 |
| Management | 3.7 | 3.9 |
| Culture | 4.1 | 4.2 |
What is Adobe’s competitive advantage?
Competitive Advantage
Adobe enjoys several competitive advantages. Its extensive customer base, its global brand and software’s ubiquity, and its dedicated employees are all factors contributing to the company’s success and economic moat.
When did Adobe last split? Stock splits occur at the discretion of Adobe’s Board of Directors. The most recent stock split was announced on March 17, 2005.
Who owns Adobe?
Top 10 Owners of Adobe Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 7.72% | 36,456,778 |
| BlackRock Fund Advisors | 5.15% | 24,316,352 |
| Fidelity Management & Research Co… | 4.78% | 22,557,078 |
| SSgA Funds Management, Inc. | 4.14% | 19,551,566 |
When was the last time Microsoft stock split? The most current split was a 2-for-1 common stock split announced on January 16, 2003. The stock will commence trading at the new split price February 18, 2003. This was our ninth stock split since going public March 13, 1986.
Which company owns Adobe?
(now Apple Inc.), acquired 15 percent of Adobe and became the first licensee of PostScript.
Is IBM a competitor of Adobe?
What is this? IBM is one of the oldest tech companies globally, with more than 350,000 employees. The company competes with Adobe in enterprise cloud and digital experience segments. For fiscal 2020, IBM’s annual revenue was $73.6 billion.
What is Adobe’s mission statement? Adobe mission statement is “to move the Web forward while also giving Web designers and developers the best tools and services in the world.” This statement shows that Adobe is all about transformation and development of the technological niche through its software.
Who are Salesforce competitors? Competitors and Alternatives to Salesforce
- Microsoft.
- Oracle.
- SAP.
- SugarCRM.
- Zoho.
- Sage.
- Zendesk.
- CRMNEXT.
Is Salesforce a cloud stock?
Key Points. Autodesk and Salesforce each provide sticky cloud-based services. Both companies remained resilient throughout the pandemic. Each stock has been rattled by rising interest rates.
Are Adobe and Salesforce competitors? In other words, Adobe and Salesforce, two of the largest enterprise software companies in the world, have slowly become competitors.
What is Adobe’s strategy?
At the company’s investor meeting, Adobe CEO Shantanu Narayen said the growth strategy is « to unleash creativity, accelerate document productivity and power digital businesses. » Digital business and the customer experience market is expected to drive the bulk of Adobe’s growth.
Who are Adobe’s suppliers? ADBE’s vs. Suppliers, Data
| COMPANY NAME | MARKET CAP | EMPLOYEES |
|---|---|---|
| Adobe Inc | 206,359 | 22,516 |
| Datawatch Corp | 167 | 144 |
| Globalscape Inc | 181 | 133 |
| Strikeforce Technologies Inc | 30 | 9 |
Has Microsoft ever done a stock split?
The last Microsoft stock split was on 14th February 2003. Since then, there has been no announcement regarding the same. It has been 19 years as of 14th February 2022 for the last split.
Why does Adobe not give dividends? Adobe continues to make acquisitions to support its core businesses, which require the use of cash to do so. As such, we don’t expect Adobe to pay a dividend in the very near-term, but if free cash flow growth continues at an elevated rate then a payment in the future could definitely be in the cards.
How many times has Adobe split? The stock has split at a 2-for-1 ratio six times.
Does Apple own Adobe?
In 1983 Apple Computer, Inc. (now Apple Inc.), acquired 15 percent of Adobe and became the first licensee of PostScript. In 1985 Apple introduced the first Macintosh-compatible PostScript printer, the LaserWriter, based on a laser-print engine developed by Canon Inc.
Does Microsoft own Adobe?
Adobe and Microsoft have come together to unite data, content, and processes, helping you transform your business and deliver the great experiences customers expect across all touchpoints.
Is Adobe a good company to work for? Adobe ranked No. 64 on Glassdoor’s 2020 list of 100 Best Places to Work. LinkedIn Top Companies. On LinkedIn’s list of top companies where professionals wants to work, Adobe ranks No.
