Low risk short setupAdbe has done one leg of down and pulling back now. It has now reached 20 DMA which can act as resistance. This is low risk setup with closing above 20DMA as SL. Target 1 - 570, Target 2- 550
Next report date
Report period
Q2 2024
EPS estimate
4.09EUR
Revenue estimate
4.93 BEUR
9.75EUR
4.99 BEUR
17.79 BEUR
444.93 M
About Adobe Inc.
Sector
Industry
CEO
Shantanu Narayen
Website
Headquarters
San Jose
Employees (FY)
29.95 K
Founded
1982
FIGI
BBG01K3WRXJ8
Adobe, Inc. engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers creative cloud services, which allow members to download and install the latest versions of products, such as Adobe Photoshop, Adobe Illustrator, Adobe Premiere Pro, Adobe Photoshop Lightroom and Adobe InDesign, as well as utilize other tools, such as Adobe Acrobat. The Digital Experience segment provides solutions, including analytics, social marketing, targeting, media optimization, digital experience management, and cross-channel campaign management, as well as premium video delivery and monetization. The Publishing and Advertising segment includes legacy products and services for eLearning solutions, technical document publishing, web application development, and high-end printing. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.
Adobe - Go Long MonthlyFresh Demand Zone Created in Monthly Charts.
Can Go Long at current Prices
Targets - 480/535/630 ( 8 Months Basis )
SL is 347.
Should do good..
Do your own research though this is not a recommendation to buy/sell just a viewpoint
Draw a darvas box and trade on the direction of box breakout.Draw a darvas box and trade on the direction of box breakout. SL and hedge must.
Adbe breaking outNASDAQ:ADBE breaking out of the falling trendline. Taking long position. Will add on pullback. My target is 430.
Adobe Continuing sidewaysPositive Signs:
Bounced back from the Upward trendline running from October to May.
Bounced back from the upper part of the flag pattern formed in the last quarter of 2022
Spent just a week below 50DMA & 200DMA and bounced back
Negative Signs:
Volumes are average
Resistance around 385-4
Adobe is near resistance, with +ve bias. Wait & Watch mode.There are three +ve indicators (suggesting buy)
1. Price moved above 50DMA with good volume on 16th March
2. Price moved above 200DMA with good volume on 17th March.
3. Golden-Crossover (50DMA above 200DMA) on 21st March.
However, the volumes are still lower than average and the price is stuck betw
Adobe trading near resistance zone, breakout or reversal?Adobe is trading near the resistance zone, breakout should take it to 440 and a reversal should take it down to 350.
Possible base formation and breakout After 2.5 months of consolidation in a tight range, finally crossed/closed above 350.
Adobe stock price near 50DMAStrategy: Wait & Watch till the Quarterly result this month.
Best case: Break out above 440 can take the price to 530-540
Worst case: Break down below 380 can 300-310
Or may it may remain in this tight range of 380-440
Adobe at SupportAdobe has been hammered recently after the forecast of lower growth in the stock's earnings. However, it looks like the correction has been very sharp. There are chances that it might take support at current levels of $500 and this can be a good accumulation zone. I have also marked another lower le
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Curated watchlists where 1ADBE is featured.
Frequently Asked Questions
The current price of 1ADBE is 447.30 EUR — it has increased by 1.37% in the past 24 hours. Watch ADOBE stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MIL exchange ADOBE stocks are traded under the ticker 1ADBE.
ADOBE is going to release the next earnings report on Jun 13, 2024. Keep track of upcoming events with our Earnings Calendar.
1ADBE stock is 1.59% volatile and has beta coefficient of 1.70. Track ADOBE stock price on the chart and check out the list of the most volatile stocks — is ADOBE there?
1ADBE earnings for the last quarter are 3.92 EUR per share, whereas the estimation was 3.80 EUR resulting in a 3.28% surprise. The estimated earnings for the next quarter are 4.05 EUR per share. See more details about ADOBE earnings.
ADOBE revenue for the last quarter amounts to 4.64 B EUR despite the estimated figure of 4.61 B EUR. In the next quarter revenue is expected to reach 4.76 B EUR.
Yes, you can track ADOBE financials in yearly and quarterly reports right on TradingView.
1ADBE stock has risen by 1.50% compared to the previous week, the month change is a 2.88% fall, over the last year ADOBE has showed a 18.67% decrease.
1ADBE net income for the last quarter is 573.83 M EUR, while the quarter before that showed 1.36 B EUR of net income which accounts for −57.88% change. Track more ADOBE financial stats to get the full picture.
Today ADOBE has the market capitalization of 203.12 B, it has increased by 0.31% over the last week.
No, 1ADBE doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, 1ADBE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ADOBE stock right from TradingView charts — choose your broker and connect to your account.
1ADBE reached its all-time high on Dec 13, 2023 with the price of 589.80 EUR, and its all-time low was 434.80 EUR and was reached on Apr 22, 2024. View more price dynamics on 1ADBE chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
As of May 6, 2024, the company has 29.95 K employees. See our rating of the largest employees — is ADOBE on this list?
We've gathered analysts' opinions on ADOBE future price: according to them, 1ADBE price has a max estimate of 655.55 EUR and a min estimate of 409.73 EUR. Watch 1ADBE chart and read a more detailed ADOBE stock forecast: see what analysts think of ADOBE and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ADOBE EBITDA is 7.31 B EUR, and current EBITDA margin is 39.01%. See more stats in ADOBE financial statements.