Adobe Stock Price: Adobe Inc. has become a well-known name in the tech and creative industries, renowned for its cutting-edge software such as Photoshop, Illustrator, and Adobe Cloud. Looking ahead to 2024-2030, many wonder how Adobe will cope with challenges such as AI-driven competition and changing subscription models.
Will it continue to deliver steady growth and innovation, or will market changes affect its momentum? In this blog, we will provide a comprehensive forecast of Adobe’s stock price, examining key growth drivers, financial performance, and emerging market trends.
Whether you’re a seasoned investor or a curious observer, discover the potential of Adobe’s stock and what it could mean for your portfolio in the years ahead.
Adobe Inc. Company Overview
| Company Name | Adobe Inc. |
| Founded | 1982 |
| Headquarters | San Jose, California United States |
| Industry | Technology |
| CEO | Shantanu Narayen |
| Stock Exchange Listing | NSE & BSE |
| Official Website | adobe.com |
Adobe Inc. Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | $240.70B |
| ROE | — |
| ROCE | 41.12% |
| P/E | 16.5 |
| P/B | 44.9 |
| Div. Yield | 0% |
| Book Value | $34.60 |
| EPS (TTM) | $3.07 |
| 52 Week High | $638.25 |
| 52 Week Low | $433.97 |
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Adobe Inc. Financials
Income Statement
| (USD) | 2023 | Y/Y Change |
|---|---|---|
| Revenue | 19.41B | 10.24% |
| Operating expense | 10.41B | 11.37% |
| Net income | 5.43B | 14.13% |
| Net profit margin | 27.97 | 3.55% |
| Earnings per share | 16.07 | 17.21% |
| EBITDA | 7.27B | 8.22% |
| Effective tax rate | 20.16% | — |
Balance Sheet
| (USD) | 2023 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 7.84B | 28.64% |
| Total assets | 29.78B | 9.62% |
| Total liabilities | 13.26B | 1.12% |
| Total equity | 16.52B | — |
| Shares outstanding | 452.00M | — |
| Price to book | 15.07 | — |
| Return on assets | 14.60% | — |
| Return on capital | 21.16% | — |
Cash Flow
| (USD) | 2023 | Y/Y Change |
|---|---|---|
| Net income | 5.43B | 14.13% |
| Cash from operations | 7.30B | -6.84% |
| Cash from investing | 776.00M | 236.14% |
| Cash from financing | -5.18B | 24.07% |
| Net change in cash | 2.91B | 641.07% |
| Free cash flow | 6.61B | 5.39% |
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Adobe Stock Price Prediction From 2024 to 2030
| Year | Target Price |
|---|---|
| Adobe Stock Price Prediction 2024 | $564 |
| Adobe Stock Price Prediction 2025 | $681 |
| Adobe Stock Price Prediction 2026 | $630 |
| Adobe Stock Price Prediction 2027 | $707 |
| Adobe Stock Price Prediction 2028 | $629 |
| Adobe Stock Price Prediction 2029 | $826 |
| Adobe Stock Price Prediction 2030 | $860 |
Adobe Inc. Top Shareholders
| Company | % of Total |
|---|---|
| Vanguard Fiduciary Trust Co. | 9.306% |
| BlackRock Advisors LLC | 6.552% |
| State Street Corp. | 4.605% |
| Geode Capital Management LLC | 2.392% |
| Fidelity Management & Research Co. LLC | 2.198% |
| BlackRock Life Ltd. | 1.945% |
| Eaton Vance Management | 1.870% |
| T. Rowe Price International Ltd. | 1.410% |
| BNY Mellon Investment Adviser, Inc. | 1.341% |
| PRIMECAP Management Co. | 1.291% |
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Adobe Inc. Competitors/Peer Companies
- Salesforce.com Inc
- SAP SE
- ASML Holding NV
- Accenture plc
- Cisco Systems Inc
- ServiceNow Inc
- International Business Machines Corp (IBM)
- Alibaba Group
- Advanced Micro Devices Inc (AMD)
- Intuit Inc
Also Read: Tesla Stock Price Forecast
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FAQs
-
What is the Adobe Share Price Target 2025?
681 USD.
-
What is the Adobe Share Price Target 2026?
630 USD.
-
What is the Adobe Share Price Target 2027?
707 USD.
-
What is the Adobe Share Price Target 2029?
826 USD.
-
What is the Adobe Share Price Target 2030?
860 USD.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
