# Adobe Inc.  Share Price Target ‘$612.82’, now 7.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/adobe-inc.share-price-target-612.82-now-7.3-upside-potential/4121170200
- Published: 2024-09-04T14:24:49+01:00
- Author: Charlotte Edwards

**Adobe Inc.** which can be found using ticker (ADBE) now have 32 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The range between
the high target price and low target price is between $732.52 and $450.00 with the
average share target price sitting at $612.82. (at the time of writing). Given that
the stocks previous close was at $571.04 this would indicate that there is a potential
upside of 7.3%. There is a 50 day moving average of $550.34 and the 200 day moving
average is $545.56. The company has a market cap of 254.51B. The current share price
for the company is: $574.00 USD

 The potential market cap would be $273,132,873,295 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 51.53, 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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