# Adobe Inc. – Consensus ‘buy’ rating and .4% Upside Potential

- Link: https://www.directorstalkinterviews.com/adobe-inc.consensus-buy-rating-and.4-upside-potential/4121165003
- Published: 2024-07-15T12:35:19+01:00
- Author: Charlotte Edwards

**Adobe Inc.** which can be found using ticker (ADBE) now have 33 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between $670.70 and $412.02 and has a mean target at $559.77. Given
that the stocks previous close was at $557.63 this would imply there is now a potential
upside of .4%. Also worth taking note is the 50 day moving average now sits at $
500.98 while the 200 day moving average is $544.64. The market cap for the company
is 247.88B. The stock price for Occidental Petroleum Corporation is $559.05 USD

 The potential market cap would be $248,834,052,459 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 50.23, 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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