# Adobe Inc. – Consensus ‘buy’ rating and 9.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/adobe-inc.consensus-buy-rating-and-9.4-upside-potential/4121165644
- Published: 2024-07-22T13:43:45+01:00
- Author: Charlotte Edwards

**Adobe Inc.** with ticker code (ADBE) have now 33 confirmed analysts covering the
stock with the consensus suggesting a rating of ‘buy’. The target price High/Low
ranges between $732.52 and $450.00 calculating the mean target price we have $609.40.
Given that the stocks previous close was at $556.85 this would indicate that there
is a potential upside of 9.4%. The day 50 moving average is $510.98 and the 200 
moving average now moves to $547.15. The company has a market capitalization of 
244.31B. The current stock price for The Williams Companies, Inc. is currently $
551.00 USD

 The potential market cap would be $267,369,292,490 based on the market consensus.

The company has a dividend yield of 2.92%. Other points of data to note are a P/
E ratio of 49.51, 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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