# Adobe Inc. – Consensus ‘buy’ rating and 11.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/adobe-inc.consensus-buy-rating-and-11.6-upside-potential/4121163243
- Published: 2024-07-01T14:13:57+01:00
- Author: Charlotte Edwards

**Adobe Inc.** which can be found using ticker (ADBE) have now 32 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $732.52 and $450.00 calculating the mean target price
we have $610.32. Given that the stocks previous close was at $546.76 this would 
imply there is now a potential upside of 11.6%. There is a 50 day moving average
of $483.85 while the 200 day moving average is $543.06. The company has a market
capitalization of 246.33B. The current share price for the company is: $555.54 USD

 The potential market cap would be $274,961,491,920 based on the market consensus.

The company has a dividend yield of 2.35%. Other points of data to note are a P/
E ratio of 50, revenue per share of $45.06 and a 15.63% return on assets.

Adobe Inc. is a software company that offers a line of products and services used
by professionals, communicators, businesses, and consumers for creating, managing,
delivering, measuring, optimizing, engaging and transacting with content and experiences
across various digital media formats. The Company’s segments include Digital Media,
Digital Experience and Publishing and Advertising. Digital Media segment provides
products, services and solutions that enable individuals, teams and enterprises 
to create, publish and promote their content anywhere. Digital Media segment is 
centered around Adobe Creative Cloud and Adobe Document Cloud. Digital Experience
segment provides an integrated platform and set of applications and services through
Adobe Experience Cloud that enable brands and businesses to create, manage, execute,
measure, monetize and optimize customer experiences. The Publishing and Advertising
segment consists of products and services that address diverse market opportunities.

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