|Bid||225.80 x 100|
|Ask||226.30 x 200|
|Day's Range||224.00 - 228.88|
|52 Week Range||124.51 - 228.88|
|PE Ratio (TTM)||60.16|
|Earnings Date||Jun 14, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||220.38|
Adobe stock received price-target hikes from at least 15 Wall Street firms following the company's earnings report.
President Trump blocked Broadcom's bid to buy Qualcomm and moved toward China tariffs. Boeing tumbled as stocks drifted lower. Adobe earnings were hot.
The stock market looked poised to end the week on solid ground Friday as several Dow stocks outperformed with gains of 1% more.
What Drove Adobe Stock to All-Time High? Earlier in the series, we discussed the factors and offerings that are expected to drive Adobe’s (ADBE) growth in fiscal 2018. Earlier this week, Jim Cramer, host of CNBC’s “Mad Money,” highlighted a new stock selection in the tech space that he calls “the cloud kings.” He gave this distinction to seven software companies “that are transforming the way their customers do business.” Adobe, ServiceNow (NOW), Red Hat (RHT), VMware (VMW), Splunk (SPLK), and Workday (WDAY) made Cramer’s list.
Stocks held modest gains in early trade Friday, as the Nasdaq looked to halt its recent slide. Adobe Systems hit a new high.
Among the companies with shares expected to trade actively in Friday's session are Broadcom, Nike, Johnson & Johnson, Netflix, Adbove Systems and Altice USA.
Koninklijke Philips's (PHG) new Digital Radiography-Fluoroscopy system receives approval of the U.S. Food and Drug Administration for marketing.
What Drove Adobe Stock to All-Time High? Earlier in the series, we discussed expected growth in Adobe’s (ADBE) offerings. Its Creative Cloud offering and subscriber growth are expected to be key drivers of Adobe’s growth.
U.S. stock futures were hovering near breakeven this morning as the Dow, S&P 500, and Nasdaq remain on track for their second negative week.
Adobe Systems, Inc. (ADBE) just released its latest quarterly financial results, posting adjusted earnings of $1.55 per share and revenues of $2.08 billion.
Digital media and marketing software firm Adobe crushed Wall Street's estimates for its fiscal first quarter and guided higher for the current quarter.
Shares of design software titan Adobe Systems (ADBE) are up $7.38, or 3.4%, at $226.25, after the company this afternoon reported fiscal Q1 revenue and earnings per share that topped analysts’ expectations, ...