Últimas noticias sobre Adobe (NASDAQ:ADBE) Bolsa

Adobe

Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

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ADBE

CMCM

ORCL

SLQT

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este viernes: SLQT, ADBE, CMCM, RH y ORCL.

5 acciones en el foco este viernes: SLQT, ADBE, CMCM, RH y ORCL

CSBR

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este jueves: KR, OXM, SIG, CSBR y ADBE.

5 acciones en el foco este jueves: KR, OXM, SIG, CSBR y ADBE

Adobe Inc

<a href="https://www.theverge.com/2024/11/15/24296351/microsoft-azure-openai-adobe-meta-customers-notepad">https://www.theverge.com/2024/11/15/24296351/microsoft-azure-openai-adobe-meta-customers-notepad</a>
Microsoft has been turning its OpenAI deal into a big business. Earlier this year, much of its Azure OpenAI offering, which provides access to OpenAI's language models, was contingent on a single big spender: TikTok. But I've now seen a recent list of its top customers, and it's clear that Microsoft has managed to diversify the business with a selection of major clients spending more than $1 million per month on Azure OpenAI services.
The software giant has a running list of what it considers its top 10 customers for Azure OpenAI, and I'm told Adobe and Meta both spent more than $1 million on Microsoft's AI services in September alone to make the top 10 customer list. Both Adobe and Meta are primarily using Microsoft's provisioned output for access to OpenAI models, which provides dedicated model processing capacity rather than Microsoft's token-based offerings for text and image generation.
Meta and Adobe's use of Azure OpenAI still falls far behind TikTok owner ByteDance's, though. The Information reported earlier this year that TikTok was <a href="https://www.theverge.com/2024/7/31/24210667/microsoft-tiktok-ai-openai-customer">paying Microsoft almost $20 million</a> per month to access OpenAI's models, making up nearly a quarter of the revenue generated by Azure OpenAI at the time. ByteDance's spending on Azure OpenAI is now less than 15 percent of Microsoft's Azure OpenAI business, thanks in part to a more diverse amount of customer spending on Microsoft's AI services and ByteDance spending less.
 &nbsp;

MSFT

Reported Earlier, 'Microsoft's Top AI Customers Include Adobe And Meta/ TikTok Is Still Microsoft's Top Azure OpenAI Customer, Though' - The Verge

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MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

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Shares of software companies are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) has outperformed the market over the past 10 years by 10.33% on an annualized basis producing an average annual return of 21.51%. Currently, Adobe has a market capitalization of $221.46 billion. 
Buying $1000 In ADBE: If an investor had bought $1000 of ADBE stock 10 years ago, it would be worth $7,016.66 today based on a price of $503.09 for ADBE at the time of writing.
<h3>Adobe's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730914362_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $7,000 Today

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$51.00</td>
<td>$44.1K</td>
<td>4.0K</td>
<td>37.3K</td>
</tr>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$139.00</td>
<td>$25.6K</td>
<td>5.9K</td>
<td>33.7K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$250.00</td>
<td>$36.5K</td>
<td>4.6K</td>
<td>7.0K</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/29/24</td>
<td>$285.00</td>
<td>$43.8K</td>
<td>1.7K</td>
<td>954</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$150.00</td>
<td>$34.2K</td>
<td>14.5K</td>
<td>940</td>
</tr>
<tr>
<td>TSM</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$190.00</td>
<td>$35.7K</td>
<td>2.6K</td>
<td>498</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$111.00</td>
<td>$28.4K</td>
<td>410</td>
<td>475</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$89.00</td>
<td>$26.1K</td>
<td>255</td>
<td>454</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$480.00</td>
<td>$71.6K</td>
<td>9</td>
<td>395</td>
</tr>
<tr>
<td>NN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$20.00</td>
<td>$31.8K</td>
<td>2.6K</td>
<td>390</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on November 8, 2024. This event was a transfer of 300 contract(s) at a $51.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $44.1K, with a price of $147.0 per contract. There were 4068 open contracts at this strike prior to today, and today 37376 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on November 8, 2024. Parties traded 100 contract(s) at a $139.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $25.6K, with a price of $256.0 per contract. There were 5963 open contracts at this strike prior to today, and today 33732 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with bullish sentiment. It expires in 3 day(s) on November 8, 2024. Parties traded 50 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $36.5K, with a price of $730.0 per contract. There were 4639 open contracts at this strike prior to today, and today 7055 contract(s) were bought and sold. 
• Regarding FSLR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), we observe a call option trade with neutral sentiment. It expires in 24 day(s) on November 29, 2024. Parties traded 209 contract(s) at a $285.00 strike. The total cost received by the writing party (or parties) was $43.8K, with a price of $210.0 per contract. There were 1730 open contracts at this strike prior to today, and today 954 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be bullish, expiring in 73 day(s) on January 17, 2025. This event was a transfer of 45 contract(s) at a $150.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $760.0 per contract. There were 14514 open contracts at this strike prior to today, and today 940 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a put option trade with neutral sentiment. It expires in 45 day(s) on December 20, 2024. Parties traded 50 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $35.7K, with a price of $715.0 per contract. There were 2691 open contracts at this strike prior to today, and today 498 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on November 15, 2024. Parties traded 254 contract(s) at a $111.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.4K, with a price of $112.0 per contract. There were 410 open contracts at this strike prior to today, and today 475 contract(s) were bought and sold. 
• For TWLO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on November 8, 2024. This event was a transfer of 172 contract(s) at a $89.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $152.0 per contract. There were 255 open contracts at this strike prior to today, and today 454 contract(s) were bought and sold. 
• Regarding ADBE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), we observe a call option trade with bearish sentiment. It expires in 38 day(s) on December 13, 2024. Parties traded 25 contract(s) at a $480.00 strike. The total cost received by the writing party (or parties) was $71.6K, with a price of $2865.0 per contract. There were 9 open contracts at this strike prior to today, and today 395 contract(s) were bought and sold. 
• Regarding NN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>), we observe a call option trade with bullish sentiment. It expires in 801 day(s) on January 15, 2027. Parties traded 60 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $31.8K, with a price of $530.0 per contract. There were 2656 open contracts at this strike prior to today, and today 390 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

FSLR

NVDA

TWLO

10 Information Technology Stocks Whale Activity In Today's Session

Deep-pocketed investors have adopted a bearish approach towards Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ADBE usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Adobe. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 13% leaning bullish and 63% bearish. Among these notable options, 16 are puts, totaling $874,061, and 6 are calls, amounting to $351,010.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $360.0 to $560.0 for Adobe over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Adobe's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Adobe's whale trades within a strike price range from $360.0 to $560.0 in the last 30 days. 
<h3>Adobe 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730827915_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$18.4</td>
<td>$18.0</td>
<td>$18.05</td>
<td>$460.00</td>
<td>$361.0K</td>
<td>1.1K</td>
<td style="text-align: right;">201</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$29.7</td>
<td>$28.0</td>
<td>$28.35</td>
<td>$480.00</td>
<td>$144.5K</td>
<td>9</td>
<td style="text-align: right;">81</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$29.0</td>
<td>$27.8</td>
<td>$28.8</td>
<td>$460.00</td>
<td>$86.4K</td>
<td>699</td>
<td style="text-align: right;">131</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$12.95</td>
<td>$12.25</td>
<td>$12.25</td>
<td>$360.00</td>
<td>$58.6K</td>
<td>34</td>
<td style="text-align: right;">48</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$20.5</td>
<td>$19.65</td>
<td>$19.65</td>
<td>$560.00</td>
<td>$49.1K</td>
<td>58</td>
<td style="text-align: right;">25</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
After a thorough review of the options trading surrounding Adobe, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Adobe</h3>
<ul>
<li>With a trading volume of 534,012, the price of ADBE is up by 0.07%, reaching $481.7.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 36 days from now.</li>
</ul>
<h3>What The Experts Say On Adobe</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $610.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $610. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Adobe with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Behind the Scenes of Adobe's Latest Options Trends

In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) alongside its primary competitors in the Software industry. By meticulously examining key financial metrics, market positioning, and growth prospects, we aim to offer valuable insights to investors and shed light on company's performance within the industry.
<h3>Adobe Background</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Adobe Inc</td>
<td>40.88</td>
<td>14.61</td>
<td>10.46</td>
<td>11.46%</td>
<td>$2.31</td>
<td>$4.85</td>
<td>10.59%</td>
</tr>
<tr>
<td>Salesforce Inc</td>
<td>51.34</td>
<td>4.89</td>
<td>7.92</td>
<td>2.44%</td>
<td>$2.79</td>
<td>$7.17</td>
<td>8.39%</td>
</tr>
<tr>
<td>SAP SE</td>
<td>92.53</td>
<td>6.08</td>
<td>7.56</td>
<td>3.53%</td>
<td>$2.71</td>
<td>$6.21</td>
<td>9.38%</td>
</tr>
<tr>
<td>Intuit Inc</td>
<td>59.61</td>
<td>9.45</td>
<td>10.84</td>
<td>-0.11%</td>
<td>$0.13</td>
<td>$2.4</td>
<td>17.4%</td>
</tr>
<tr>
<td>Palantir Technologies Inc</td>
<td>246.59</td>
<td>23.18</td>
<td>40.17</td>
<td>3.43%</td>
<td>$0.11</td>
<td>$0.55</td>
<td>27.15%</td>
</tr>
<tr>
<td>Synopsys Inc</td>
<td>53.45</td>
<td>10.33</td>
<td>12.45</td>
<td>5.49%</td>
<td>$0.46</td>
<td>$1.24</td>
<td>12.65%</td>
</tr>
<tr>
<td>Cadence Design Systems Inc</td>
<td>74.23</td>
<td>16.95</td>
<td>17.71</td>
<td>5.4%</td>
<td>$0.41</td>
<td>$1.05</td>
<td>18.81%</td>
</tr>
<tr>
<td>Workday Inc</td>
<td>41.23</td>
<td>7.59</td>
<td>8.16</td>
<td>1.6%</td>
<td>$0.28</td>
<td>$1.57</td>
<td>16.68%</td>
</tr>
<tr>
<td>Autodesk Inc</td>
<td>58.72</td>
<td>24.96</td>
<td>10.69</td>
<td>12.17%</td>
<td>$0.39</td>
<td>$1.36</td>
<td>11.9%</td>
</tr>
<tr>
<td>Roper Technologies Inc</td>
<td>39.86</td>
<td>3.13</td>
<td>8.62</td>
<td>2.01%</td>
<td>$0.69</td>
<td>$1.19</td>
<td>2.78%</td>
</tr>
<tr>
<td>AppLovin Corp</td>
<td>69.88</td>
<td>67.08</td>
<td>14.48</td>
<td>39.35%</td>
<td>$0.51</td>
<td>$0.8</td>
<td>43.98%</td>
</tr>
<tr>
<td>Datadog Inc</td>
<td>262.26</td>
<td>17.26</td>
<td>18.96</td>
<td>1.9%</td>
<td>$0.06</td>
<td>$0.52</td>
<td>26.66%</td>
</tr>
<tr>
<td>Ansys Inc</td>
<td>57.20</td>
<td>5.06</td>
<td>12.20</td>
<td>2.37%</td>
<td>$0.2</td>
<td>$0.52</td>
<td>19.64%</td>
</tr>
<tr>
<td>Tyler Technologies Inc</td>
<td>110.19</td>
<td>7.88</td>
<td>12.56</td>
<td>2.37%</td>
<td>$0.12</td>
<td>$0.24</td>
<td>9.84%</td>
</tr>
<tr>
<td>Zoom Video Communications Inc</td>
<td>27</td>
<td>2.73</td>
<td>5.16</td>
<td>2.6%</td>
<td>$0.23</td>
<td>$0.88</td>
<td>2.09%</td>
</tr>
<tr>
<td>PTC Inc</td>
<td>75.52</td>
<td>7.37</td>
<td>10.05</td>
<td>2.32%</td>
<td>$0.13</td>
<td>$0.41</td>
<td>-4.37%</td>
</tr>
<tr>
<td>Manhattan Associates Inc</td>
<td>75.31</td>
<td>58.09</td>
<td>16.09</td>
<td>24.6%</td>
<td>$0.08</td>
<td>$0.15</td>
<td>11.84%</td>
</tr>
<tr>
<td>Dynatrace Inc</td>
<td>103.98</td>
<td>7.79</td>
<td>10.85</td>
<td>1.89%</td>
<td>$0.06</td>
<td>$0.32</td>
<td>19.93%</td>
</tr>
<tr>
<td>Average</td>
<td>88.17</td>
<td>16.46</td>
<td>13.2</td>
<td>6.67%</td>
<td>$0.55</td>
<td>$1.56</td>
<td>14.99%</td>
</tr>
</tbody>
</table>
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 </style>After thoroughly examining Adobe, the following trends can be inferred: 
<ul>
<li>
The Price to Earnings ratio of 40.88 is 0.46x lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
With a Price to Book ratio of 14.61, significantly falling below the industry average by 0.89x, it suggests undervaluation and the possibility of untapped growth prospects.
</li>
<li>
The Price to Sales ratio is 10.46, which is 0.79x the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
The Return on Equity (ROE) of 11.46% is 4.79% above the industry average, highlighting efficient use of equity to generate profits.
</li>
<li>
The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $2.31 Billion is 4.2x above the industry average, highlighting stronger profitability and robust cash flow generation.
</li>
<li>
The gross profit of $4.85 Billion is 3.11x above that of its industry, highlighting stronger profitability and higher earnings from its core operations.
</li>
<li>
The company's revenue growth of 10.59% is significantly lower compared to the industry average of 14.99%. This indicates a potential fall in the company's sales performance.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730732801_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio is a key indicator of a company's financial health and its reliance on debt financing.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
In terms of the Debt-to-Equity ratio, Adobe stands in comparison with its top 4 peers, leading to the following comparisons:
<ul>
<li>
Adobe has a stronger financial position compared to its top 4 peers, as evidenced by its lower debt-to-equity ratio of 0.42.
</li>
<li>
This suggests that the company has a more favorable balance between debt and equity, which can be perceived as a positive indicator by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Adobe in the Software industry, the PE, PB, and PS ratios are all low compared to peers, indicating potential undervaluation. On the other hand, Adobe's high ROE, EBITDA, and gross profit suggest strong profitability and operational efficiency. However, the low revenue growth rate may raise concerns about future performance compared to industry peers.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Understanding Adobe's Position In Software Industry Compared To Competitors

On October 31, a recent SEC filing unveiled that Jillian Forusz, SVP &amp; CAO at Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) made an insider sell.
What Happened: Forusz opted to sell 676 shares of Adobe, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000796343/000079634324000240//Archives/edgar/data/796343/000079634324000240/0000796343-24-000240-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The transaction's total worth stands at $327,986.
At Friday morning, Adobe shares are up by 0.29%, trading at $486.79.
<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
<h3>Key Indicators: Adobe's Financial Health</h3>
Revenue Growth: Over the 3 months period, Adobe showcased positive performance, achieving a revenue growth rate of 10.59% as of 31 August, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 89.76%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Adobe's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 3.78.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.42.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 40.48 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 10.36, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Adobe's EV/EBITDA ratio, lower than industry averages at 26.95, indicates attractively priced shares.
</li>
</ul>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
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<h3>Why Insider Activity Matters in Finance</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Cracking Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000796343">Check Out The Full List Of Adobe's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Adobe Insider Trades Send A Signal

Adobe's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NYSE">ADBE</a>) short percent of float has fallen 6.76% since its last report. The company recently reported that it has 6.07 million shares sold short, which is 1.38% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.01 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Adobe Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730129418_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Adobe has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Adobe's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Adobe's peer group average for short interest as a percentage of float is 3.24%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Adobe?

Deep-pocketed investors have adopted a bearish approach towards Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ADBE usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 16 extraordinary options activities for Adobe. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 43% leaning bullish and 56% bearish. Among these notable options, 5 are puts, totaling $554,302, and 11 are calls, amounting to $1,315,215.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $230.0 and $630.0 for Adobe, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Adobe's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Adobe's significant trades, within a strike price range of $230.0 to $630.0, over the past month.
<h3>Adobe Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729783035_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$3.5</td>
<td>$3.25</td>
<td>$3.5</td>
<td>$492.50</td>
<td>$688.8K</td>
<td>2.0K</td>
<td>2.0K</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$51.65</td>
<td>$49.25</td>
<td>$49.25</td>
<td>$480.00</td>
<td>$364.4K</td>
<td>94</td>
<td>64</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$36.0</td>
<td>$31.8</td>
<td>$36.0</td>
<td>$450.00</td>
<td>$144.0K</td>
<td>255</td>
<td>40</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$39.45</td>
<td>$36.0</td>
<td>$36.0</td>
<td>$450.00</td>
<td>$144.0K</td>
<td>91</td>
<td>40</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$77.8</td>
<td>$76.9</td>
<td>$77.8</td>
<td>$450.00</td>
<td>$101.1K</td>
<td>126</td>
<td>15</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
<h3>Where Is Adobe Standing Right Now?</h3>
<ul>
<li>With a volume of 698,884, the price of ADBE is down -0.81% at $481.12. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 48 days.</li>
</ul>
<h3>What Analysts Are Saying About Adobe</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $610.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $610. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Adobe options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

A Closer Look at Adobe's Options Market Dynamics

Financial giants have made a conspicuous bullish move on Adobe. Our analysis of options history for Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) revealed 16 unusual trades.
Delving into the details, we found 43% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $108,044, and 13 were calls, valued at $767,324.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $230.0 and $570.0 for Adobe, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Adobe's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Adobe's significant trades, within a strike price range of $230.0 to $570.0, over the past month.
<h3>Adobe 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729266344_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$2.1</td>
<td>$1.79</td>
<td>$2.1</td>
<td>$510.00</td>
<td>$205.3K</td>
<td>1.3K</td>
<td style="text-align: right;">114</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$36.75</td>
<td>$35.7</td>
<td>$36.16</td>
<td>$520.00</td>
<td>$108.6K</td>
<td>158</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$59.2</td>
<td>$58.25</td>
<td>$59.2</td>
<td>$500.00</td>
<td>$59.2K</td>
<td>1.1K</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$60.55</td>
<td>$55.15</td>
<td>$57.86</td>
<td>$500.00</td>
<td>$57.8K</td>
<td>1.1K</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$56.2</td>
<td>$54.05</td>
<td>$54.55</td>
<td>$520.00</td>
<td>$54.5K</td>
<td>9</td>
<td style="text-align: right;">15</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
In light of the recent options history for Adobe, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Adobe</h3>
<ul>
<li>Trading volume stands at 704,319, with ADBE's price up by 0.11%, positioned at $497.39.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 54 days.</li>
</ul>
<h3>Expert Opinions on Adobe</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $610.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $610.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Adobe options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Smart Money Is Betting Big In ADBE Options

Financial giants have made a conspicuous bearish move on Adobe. Our analysis of options history for Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) revealed 10 unusual trades.
Delving into the details, we found 40% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $261,841, and 7 were calls, valued at $383,911.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $410.0 and $600.0 for Adobe, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Adobe options trades today is 583.14 with a total volume of 336.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Adobe's big money trades within a strike price range of $410.0 to $600.0 over the last 30 days.
<h3>Adobe Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729089251_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$39.0</td>
<td>$38.95</td>
<td>$38.95</td>
<td>$410.00</td>
<td>$202.6K</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">56</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$54.0</td>
<td>$52.85</td>
<td>$54.0</td>
<td>$450.00</td>
<td>$167.4K</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">31</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$96.0</td>
<td>$94.65</td>
<td>$96.0</td>
<td>$510.00</td>
<td>$48.0K</td>
<td style="text-align: right;">90</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$7.0</td>
<td>$6.65</td>
<td>$6.76</td>
<td>$530.00</td>
<td>$41.2K</td>
<td style="text-align: right;">716</td>
<td style="text-align: right;">70</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$19.5</td>
<td>$19.0</td>
<td>$19.5</td>
<td>$500.00</td>
<td>$39.0K</td>
<td style="text-align: right;">389</td>
<td style="text-align: right;">28</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
After a thorough review of the options trading surrounding Adobe, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Adobe's Current Market Status</h3>
<ul>
<li>Trading volume stands at 292,840, with ADBE's price down by -1.28%, positioned at $501.55.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 56 days.</li>
</ul>
<h3>Professional Analyst Ratings for Adobe</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $610.0.
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&#x2A; An analyst from RBC Capital has revised its rating downward to Outperform, adjusting the price target to $610. 
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Spotlight on Adobe: Analyzing the Surge in Options Activity

Analysts see Adobe Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) benefitting from new product announcements and a focus on GenAI value add-ons unveiled at the company&#8217;s MAX 2024 Creativity Conference this week.
The Adobe Analysts: JMP Securities analyst Patrick Walravens maintained a Market Perform rating with no price target.
Piper Sandler analyst Brent Bracelin maintained an Overweight rating with a $635 price target.
JPMorgan analyst Mark Murphy maintained an Overweight rating with a $580 price target.
Goldman Sachs analyst Kash Rangan reiterated a Buy rating with a $640 price target.
Stifel analyst J. Parker Lane maintained a Buy rating with a $650 price target.
RBC Capital analyst Matthew Swanson maintained an Outperform rating with a $610 price target.
BMO Capital analyst Keith Bachman maintained an Outperform rating with a $580 price target.
KeyBanc Capital analyst Jackson Ader maintained an Underweight rating with a $450 price target.
JMP on Adobe: The software company featured four key product announcements during Day One of the creativity conference and showed off artificial intelligence integration, Walravens said in a new investor note.
The analyst said Adobe is seeing traction with the number of APIs and growth thanks to artificial intelligence, but it might not be enough in a highly competitive space.
"Adobe is not the only company attempting to disrupt traditional digital creation with AI and faces intense competition from the likes of Canva," Walravens said.
A court case of The New York Times vs. Microsoft and OpenAI is being closely monitored by the analyst as it could have "significant implications" to Adobe's AI models approach.
"Adobe acknowledges that it is ‘early in understanding all the dynamics for monetizing' AI and that it may have to adjust its pricing in the future to accommodate these dynamics."
Piper on Adobe: The software company could go from laggard to leader with the latest product unveiling, Bracelin said in a new investor note.
"We remain buyers of ADBE. The litany of new AI-powered features and new innovative products unveiled at Adobe MAX in Miami reinforces our bullish view on ADBE as a contrarian growth idea to buy into year-end.
The analyst said Adobe stock has trailed peers and it could be time to catch up.
Adobe's new AI feature reveals at the conference are "too long to list," the analyst added.
With new guidance changes, the analyst said investors can focus on the company's software scale, double-digit top-line growth and high-margin model.
JPMorgan on Adobe: The company's announcement of a new Firefly Video Model is likely to get the most investor and public attention, Murphy said in a new investor note.
"Overall, we come away positive on Adobe's ongoing innovation, product rollouts, and GenAI-related developments, while still expecting newer growth initiatives will take some time to ramp and that revenue growth is in some stage of transition," Murphy said.
The analyst said Adobe is laying the foundation for long-term growth with a focus on new user acquisition over near-term monetization.
"We continue to lean favorably on Adobe fundamentals given its fairly durable growth rates, incremental AI monetization opportunities over time, and largely favorable customer and partner checks."
Goldman Sachs on Adobe: GenAI is a long-term growth tailwind for Adobe, Rangan said in a new investor note.
"We leave the conference increasingly confident in Adobe's ability to rapidly innovate and deliver meaningful productivity boosts to users with AI and collaboration innovations, thus driving long-term sustainable user growth, higher retention, and pricing leverage," Rangan said.
The analyst said Adobe is "well positioned to address" the growing demand in the creative fields.
"Product announcements reinforced Adobe's ability to compete across a wide variety of creative mediums, particularly video, with Firefly Video, the first publicly available video model for commercial use." &nbsp;
Adobe's addressable market could be growing with new products and the creative field expanding, Rangan added.
"We reiterate our view that Adobe is one of the highest quality software assets."
Stifel on Adobe: The software company is expanding its position in enterprise accounts with the new Firefly Video Model, Lane said in a new investor note.
"We note an overall sense of excitement and usage around Firefly, and based on our customer checks, Adobe appears to be continuing its industry leadership," Lane said.
RBC Capital on Adobe: The event highlighted the company's focus on the evolution of creative with generative AI adding value, Swanson said in a new investor note.
The analyst said Generative AI commentary from the company "remains qualitative" and Adobe is in the early innings of monetization.
"We continue to think that collaboration and integration across the Clouds bring unique value within the enterprise market," Swanson said.
BMO Capital on Adobe: The highly anticipated introduction of the Firefly Video model was the highlight of the event and could offer "significant long-term" revenue growth opportunities, Bachman said in a new investor note.
"Adobe announced many new products and features within Photoshop, Illustrator, Premiere Pro and Frame.io, which we think can sustain Adobe's leadership at the high end of the creative market," Bachman said.
While Adobe's decision to get rid of quarterly ARR guidance could be viewed as a negative, Bachman said this metric "can be lumpy" and annual guidance could help smooth things over.
"We believe video offers an opportunity for Adobe to realize pricing/mix uplift either through credits or higher subscription prices/add-ons over the long-term."
KeyBanc on Adobe: The key takeaway from the event for Ader is the guidance change for ARR from quarterly to annual.
"We are of two minds: our one mind says that any time transparency moves against us, that is bad because these things generally only go one way; our other mind agrees with management that the quarterly variability is probably too myopic," Ader said.
The analyst said the change shouldn't impact transparency, instead just reduce the noise.
ADBE Price Action: Adobe stock trades at $507.79 on Tuesday versus a 52-week trading range of $433.98 to $638.25. Adobe stock is down 11% year-to-date in 2024.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41331839/financial-sector-hits-record-highs-as-goldman-sachs-bank-of-america-citi-beat-q3-ea"> • Financial Sector Hits Record Highs As Goldman Sachs, Bank of America, Citi Beat Q3 Earnings Expectations</a> Photo: Shutterstock

Analyst Color

Price Target

Reiteration

Analyst Ratings

Tech

Adobe Stock To Turn From Laggard To Leader, Analysts Highlight 'AI Monetization Opportunities' From MAX Creativity Conference

Throughout the last three months, 14 analysts have evaluated Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $625.79, along with a high estimate of $675.00 and a low estimate of $550.00. This upward trend is evident, with the current average reflecting a 1.86% increase from the previous average price target of $614.36.
<img src="https://www.benzinga.com/files/images/story/2024/1729008019_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A clear picture of Adobe's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Matthew Swanson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$610.00</td>
<td>$610.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$616.00</td>
<td>$621.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$550.00</td>
<td>$560.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$640.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Brian Schwartz</td>
<td>Oppenheimer</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$625.00</td>
<td>$625.00</td>
</tr>
<tr>
<td>Matthew Swanson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$610.00</td>
<td>$610.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$660.00</td>
<td>$660.00</td>
</tr>
<tr>
<td>Mark Moerdler</td>
<td>Bernstein</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$644.00</td>
<td>$660.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$635.00</td>
<td>$635.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$621.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Parker Lane</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$650.00</td>
<td>$600.00</td>
</tr>
<tr>
<td>Brian Schwartz</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$625.00</td>
<td>$580.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$675.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Matthew Swanson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$600.00</td>
<td>$600.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Adobe. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Adobe compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Adobe's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Adobe's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/ADBE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Adobe analyst ratings.</a>
<h2>Discovering Adobe: A Closer Look</h2>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
<h3>Understanding the Numbers: Adobe's Finances</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Adobe displayed positive results in 3 months. As of 31 August, 2024, the company achieved a solid revenue growth rate of approximately 10.59%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Adobe's net margin excels beyond industry benchmarks, reaching 31.14%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Adobe's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 11.46%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Adobe's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 5.63%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.42, Adobe adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Significance of Analyst Ratings Explained</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

14 Analysts Have This To Say About Adobe

RBC Capital analyst Matthew Swanson reiterates Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) with a Outperform and maintains $610 price target.

RBC Capital Reiterates Outperform on Adobe, Maintains $610 Price Target

Adobe shares are trading higher after the company revealed launches at the Adobe MAX 2024 event.

Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) shares are trading higher on Monday. The company revealed several launches at the Adobe MAX 2024 event.
Firefly Generative AI Models: The company expanded its Firefly generative AI models to include video, alongside updates to its Image, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41312233/adobe-launches-firefly-video-model-and-enhances-image-vector-and-design-models" rel="noreferrer noopener">Vector, and Design models</a>.
The Firefly Video Model, now in limited public beta, is the first video model designed for commercial safety.
Since its beta launch in March 2023, Firefly has generated over 13 billion images, with 6 billion created in the last six months.
Creative Cloud Feature: Adobe unveiled over 100 new Creative Cloud features, powered by Adobe Firefly, to enhance <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41312278/adobe-puts-greater-power-possibility-in-hands-of-creators-teams-marketers-at-adobe-max-2024" rel="noreferrer noopener">creators&#8217; productivity and collaboration</a>.
Next Generation Of&nbsp;Frame.io: Adobe disclosed the next generation of Frame.io, now generally available, expanding beyond video post-production to<a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41312234/next-generation-of-adobes-frame-io-transforms-collaboration-for-creative-teams" rel="noreferrer noopener"> include photo and design support</a>.
Frame.io enhances team collaboration by centralizing media and assets, streamlining custom workflows, and tightening feedback processes.
Adobe GenStudio: Adobe announced the general availability of Adobe GenStudio for Performance Marketing, a generative AI-powered tool designed to help brands and agencies speed up the creation of personalized, on-brand marketing campaigns across various channels and regions.
Adobe Digital Academy: Adobe announced a new global initiative expanding the Adobe Digital Academy to focus on equipping next-generation learners and teachers with AI literacy, content creation, and digital marketing <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41312235/adobe-revolutionizes-professional-video-editing-with-premiere-pro-innovations-powered-by-new-firef" rel="noreferrer noopener">skills to succeed in today&#8217;s workforce</a>.
Apart from this, Adobe disclosed groundbreaking innovations in Photoshop and Illustrator, enhancing power and precision in graphic design, illustration, and creative imaging, while <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41312239/new-innovations-in-photoshop-and-illustrator-transform-creative-workflows-and-deliver-more-speed-p" rel="noreferrer noopener">significantly boosting speed and productivity</a>.
Price Action: ADBE shares are up 2.85% at $509.52 at the last check Monday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/41316473" target="_blank" rel="noreferrer noopener">Duolingo Downgraded Despite Executing &#8216;Exceptionally Well,&#8217; Analyst Warns Of Risk/Reward Imbalance</a></li>
</ul>

Equities

Large Cap

IGPT

Why Is Adobe Stock Gaining On Monday?

Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) has outperformed the market over the past 10 years by 11.27% on an annualized basis producing an average annual return of 23.22%. Currently, Adobe has a market capitalization of $220.96 billion. 
Buying $1000 In ADBE: If an investor had bought $1000 of ADBE stock 10 years ago, it would be worth $8,244.83 today based on a price of $501.94 for ADBE at the time of writing.
<h3>Adobe's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728576019_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Adobe Stock In The Last 10 Years

Whales with a lot of money to spend have taken a noticeably bullish stance on Adobe.
Looking at options history for Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) we detected 43 trades.
If we consider the specifics of each trade, it is accurate to state that 39% of the investors opened trades with bullish expectations and 39% with bearish.
From the overall spotted trades, 18 are puts, for a total amount of $1,525,862 and 25, calls, for a total amount of $2,935,985.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $240.0 to $720.0 for Adobe over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Adobe's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Adobe's significant trades, within a strike price range of $240.0 to $720.0, over the past month.
<h3>Adobe 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728502300_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$41.2</td>
<td>$40.0</td>
<td>$41.0</td>
<td>$610.00</td>
<td>$1.4M</td>
<td style="text-align: right;">617</td>
<td style="text-align: right;">350</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$44.25</td>
<td>$43.35</td>
<td>$43.65</td>
<td>$490.00</td>
<td>$436.5K</td>
<td style="text-align: right;">618</td>
<td style="text-align: right;">103</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$20.55</td>
<td>$18.95</td>
<td>$18.95</td>
<td>$720.00</td>
<td>$339.2K</td>
<td style="text-align: right;">77</td>
<td style="text-align: right;">245</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$35.5</td>
<td>$34.5</td>
<td>$34.55</td>
<td>$470.00</td>
<td>$258.7K</td>
<td style="text-align: right;">547</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$19.1</td>
<td>$18.05</td>
<td>$19.05</td>
<td>$720.00</td>
<td>$125.7K</td>
<td style="text-align: right;">77</td>
<td style="text-align: right;">66</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
After a thorough review of the options trading surrounding Adobe, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Adobe's Current Market Status</h3>
<ul>
<li>With a trading volume of 1,839,133, the price of ADBE is down by -0.44%, reaching $494.04.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 63 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Adobe</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $627.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from RBC Capital downgraded its action to Outperform with a price target of $610. 
&#x2A; An analyst from B of A Securities has revised its rating downward to Buy, adjusting the price target to $640. 
&#x2A; An analyst from Oppenheimer has decided to maintain their Outperform rating on Adobe, which currently sits at a price target of $625. 
&#x2A; Maintaining their stance, an analyst from Bernstein continues to hold a Outperform rating for Adobe, targeting a price of $644. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Adobe, targeting a price of $616. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Adobe with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On Adobe

Investors with a lot of money to spend have taken a bearish stance on Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ADBE, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 11 uncommon options trades for Adobe.
This isn't normal.
The overall sentiment of these big-money traders is split between 27% bullish and 45%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $156,240, and 8 are calls, for a total amount of $387,806.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $400.0 and $530.0 for Adobe, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Adobe stands at 249.78, with a total volume reaching 85.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Adobe, situated within the strike price corridor from $400.0 to $530.0, throughout the last 30 days.
<h3>Adobe Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728309659_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$70.85</td>
<td>$68.65</td>
<td>$69.5</td>
<td>$450.00</td>
<td>$111.2K</td>
<td style="text-align: right;">424</td>
<td style="text-align: right;">16</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/11/24</td>
<td>$20.15</td>
<td>$17.65</td>
<td>$18.95</td>
<td>$520.00</td>
<td>$56.8K</td>
<td style="text-align: right;">175</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/11/24</td>
<td>$20.2</td>
<td>$17.6</td>
<td>$18.88</td>
<td>$520.00</td>
<td>$56.6K</td>
<td style="text-align: right;">175</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$176.9</td>
<td>$169.45</td>
<td>$172.87</td>
<td>$400.00</td>
<td>$51.8K</td>
<td style="text-align: right;">25</td>
<td style="text-align: right;">3</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$51.1</td>
<td>$50.2</td>
<td>$50.2</td>
<td>$500.00</td>
<td>$50.2K</td>
<td style="text-align: right;">174</td>
<td style="text-align: right;">10</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
After a thorough review of the options trading surrounding Adobe, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Adobe</h3>
<ul>
<li>Trading volume stands at 436,916, with ADBE's price down by -1.04%, positioned at $501.93.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 65 days.</li>
</ul>
<h3>Professional Analyst Ratings for Adobe</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $617.2.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Adobe with a target price of $660. 
&#x2A; An analyst from UBS has decided to maintain their Neutral rating on Adobe, which currently sits at a price target of $550. 
&#x2A; An analyst from Oppenheimer persists with their Outperform rating on Adobe, maintaining a target price of $625. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Adobe, targeting a price of $616. 
&#x2A; An analyst from Piper Sandler has decided to maintain their Overweight rating on Adobe, which currently sits at a price target of $635. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Adobe, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

What the Options Market Tells Us About Adobe

A hotter-than-expected jobs report spurred a premarket rally on Wall Street Friday, showcasing the U.S. economy&#8217;s resilience and easing concerns <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41184080/us-economy-adds-254-000-new-jobs-in-september-smashes-expectations-unemployment-f">over an economic slowdown. </a>
The strong labor data also led traders to rethink the Federal Reserve&#8217;s aggressive rate cuts, resulting in a jump in the dollar and Treasury yields.
What Happened: The U.S. economy added 254,000 jobs in September, far exceeding the expected 140,000. This marks an acceleration from August&#8217;s 159,000 figure and well above the 12-month average of 230,000. Payrolls for both July and August were upwardly revised by 55,000 and 17,000, respectively.
Private sector payrolls accounted for 223,000 jobs, while the government added 31,000. The unemployment rate fell unexpectedly by 0.1% to 4.1%, beating the forecasted 4.2%.
Wages grew by 0.4% in September, surpassing the expected 0.3%. 
Why It Matters: The stronger-than-expected pace of job addition, coupled with a surprisingly lower unemployment rate and higher wage growth, signals a strong consumer spending outlook, which could lift corporate earnings, particularly as we head into the fourth quarter.
Yet the labor market&#8217;s strength also complicates the Federal Reserve&#8217;s efforts to curb inflation. Higher wages could stoke consumer demand, putting upward pressure on prices, potentially slowing disinflation efforts. This may lead the Fed to delay or scale back anticipated interest rate cuts.
Before the jobs report, the market had priced in a 30% chance of a 50-basis-point rate cut in November, according to the CME FedWatch Tool. Following the data release, those odds plummeted to 11%. 
<h3 class="wp-block-heading">Market Reactions:</h3>
<ul>
<li>The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) jumped 0.9% in premarket trading, edging closer to its recent record highs.</li>
<li>The Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks major tech stocks, rallied 1.4%, driven by strong gains in the semiconductor sector. The iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>) surged 2.1%.</li>
<li>Blue chips rose as well, with the SPDR Dow Jones Industrial Average ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) up by 0.7%.</li>
<li>Small caps outperformed large caps. The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1.7%. </li>
<li>Yields on the 10-year Treasury bond soared by 11 basis points to 3.96%. Yields on the policy-sensitive two-year note spiked by 15 basis points to 3.87%.</li>
<li>The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) tumbled 1.2%. </li>
<li>The U.S. Dollar Index, which is tracked by the&nbsp;Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>), rose 0.7%.</li>
</ul>
<h3 class="wp-block-heading">Top Gainers Post-Jobs Report:</h3>
Using the Movers function on <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent100424&amp;t=be2bearmibe3na1">Benzinga Pro</a>, here are the top performers among U.S. mega-cap stocks in the 30 minutes following the release of the September jobs data.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company Name</th>
<th>Price</th>
<th>Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>)</td>
<td>$799.25</td>
<td>+3.18%</td>
</tr>
<tr>
<td>Mitsubishi UFJ Financial Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUFG#NYSE">MUFG</a>)</td>
<td>$10.18</td>
<td>+3.18%</td>
</tr>
<tr>
<td>Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>)</td>
<td>$205.53</td>
<td>+2.10%</td>
</tr>
<tr>
<td>Lam Research Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>)</td>
<td>$83.60</td>
<td>+2.08%</td>
</tr>
<tr>
<td>Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)</td>
<td>$166.90</td>
<td>+1.92%</td>
</tr>
<tr>
<td>ARM Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>)</td>
<td>$142.44</td>
<td>+1.91%</td>
</tr>
<tr>
<td>Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>)</td>
<td>$80.02</td>
<td>+1.67%</td>
</tr>
<tr>
<td>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</td>
<td>$175.66</td>
<td>+1.66%</td>
</tr>
<tr>
<td>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>)</td>
<td>$510.58</td>
<td>+1.59%</td>
</tr>
<tr>
<td>Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)</td>
<td>$39.96</td>
<td>+1.56%</td>
</tr>
<tr>
<td>Texas Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>)</td>
<td>$204.82</td>
<td>+1.56%</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
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Photo via Shutterstock.

Macro Economic Events

Sector ETFs

Broad U.S. Equity ETFs

Econ #s

Economics

Federal Reserve

Movers

ETFs

AMAT

AVGO

SPDR Dow Jones Industrial Average ETF Trust

KLAC

LRCX

MUFG

SHOP

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

iShares Trust Barclays 20+ Year Treasury Bond Fund

PowerShares DB US Dollar Index Bullish Fund

S&P 500 Nears Record Highs On Hot Jobs Data: Dollar, Treasury Yields Surge As Aggressive Interest Rate Cut Hopes Fade

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The cloud industry is well-poised for significant growth and expansion, driven by increasing demand for efficiency and productivity and the surge in AI-driven investments. Therefore, it could be wise to consider high-growth cloud stocks Workday (WDAY), Adobe (ADBE), and Salesforce (CRM) for substantial gains this month. Continue reading... The software industry's growth prospects appear appealing with the ever-expanding demand for enterprise software and the transition to cloud systems. This is also fueled by robust companies' spending, and latest advancements in technologies.
Given the industry's resilient outlook, it could be wise to invest in high-growth cloud stocks Workday, Inc. (<a href="https://stocknews.com/stock/WDAY/">WDAY</a>), Adobe Inc. (<a href="https://stocknews.com/stock/ADBE/">ADBE</a>), and Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>) which are revolutionizing enterprise tech.
As more and more companies shift to cloud services, spending in the industry are continuously on the rise. During the second quarter 2024, <a href="https://www.canalys.com/newsroom/worldwide-cloud-services-q2-2024">global spending on cloud infrastructure services</a> grew 19% year-on-year to reach $78.20 billion with companies growing IT budgets, where a substantial portion of spending is assigned towards AI-related investments.
Also, <a href="https://www.gartner.com/en/newsroom/press-releases/2024-05-20-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-surpass-675-billion-in-2024">Gartner projects</a> worldwide end-user spending on public cloud services to rise by 20.4% to reach around $675.40 billion in 2024 majorly driven by generative AI (GenAI) and application modernization. The spending is further anticipated to surge exponentially at a <a href="https://www.idc.com/getdoc.jsp?containerId=prUS52460024">CAGR of 19.4%</a> until  2028.
With the growing cloud application by enterprises and changing market dynamics, the global enterprise software market is expected to grow at a <a href="https://www.grandviewresearch.com/industry-analysis/enterprise-software-market">CAGR of 11.5%</a>, resulting in a market volume of $517.26 billion by 2030. Factors like increasing end-use enterprises' expenditures, demand for better digital infrastructure, advancements' in cloud analytical tools fuel the market.
Amid the current market trends, investors could consider high-growth cloud stocks as digitalization is on the rise and companies are vigorously investing in cloud systems and technology integration. High-growth cloud stocks can potentially yield long-term gains and offer wide growth opportunities for the investors.
Given the promising prospects of the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, let's look at the fundamentals of the above-mentioned stocks, starting with the third stock.
Stock #3: Workday, Inc. (<a href="https://stocknews.com/stock/WDAY/">WDAY</a>)
WDAY provides enterprise cloud applications internationally. The company's applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations.
On November 4, WDAY announced a partnership with Compa, the leading provider of software-delivered market data, to bring Compa's real-time market intelligence directly into Workday, to help companies make more informed pay decisions to attract and retain top talent.
Also, on September 19, WDAY and The Josh Bersin Company collaborated, aimed at integrating The Josh Bersin Company's market-leading AI-powered expert assistant, Galileo&#x2122;, with Workday Human Capital Management (HCM). This integration will allow WDAY users to ask questions about current HR best practices and get advice and assistance.
On September 18, WDAY launched Workday Wellness, a new AI-powered solution that will provide companies with a real-time view into which benefits and wellness offerings their employees want and use. This will empower companies with AI-driven recommendations and deliver a more personalized wellness experience for their employees.
During the second quarter that ended on July 31, 2024, WDAY's total revenues increased 16.7% year-over-year to $2.09 billion. The company's non-GAAP <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> of $518 million reflects 23% growth from the year-ago period. The company's net income totaled $132 million, up 67.1% from the prior year's quarter, while its non-GAAP net income per share rose 22.4% year-over-year to $1.75.
In addition, the company's free cash flows of $516 million indicate an increase of 43.3% year-over-year.
As per company's updated guidance for the fiscal 2025, WDAY expects Subscription revenue of $1.95 billion, representing growth of 16% during the third quarter.
Also, for the full year, the company expects Subscription revenue to range between $7.70 billion and $7.72 billion, reflecting growth of approximately 17%.
For the third quarter (ended October 2024), analysts expect WDAY's revenue and EPS to grow 14.2% and 14.9% year-over-year to $2.13 billion and $1.76, respectively. Also, the company topped the consensus revenue and EPS estimates in of the trailing four quarters.
WDAY's stock has gained 6.9% over the past month and 16.5% over the past year to close the last trading session at $257.98.
WDAY's robust outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has an A grade for Growth. It also has a B grade for Sentiment and Quality. Within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, WDAY is ranked #26 of 129 stocks.
<a href="https://stocknews.com/stock/WDAY/">Click here</a> to access additional ratings of WDAY for Momentum, Value and Stability.
Stock #2: Adobe Inc. (<a href="https://stocknews.com/stock/ADBE/">ADBE</a>)
ADBE operates as a diversified software company globally. The company operates in three segments: Digital Media; Digital Experience; and Publishing and Advertising. The company offers products, services, and solutions that allow individuals, teams, and enterprises to create, publish, and promote content. Its flagship product is Creative Cloud that allows members to access its creative products.
On October 14, ACBE launched Premiere Pro's first set of Firefly-powered video editing workflows powered by the new Firefly Video Model (beta), and other enhancements and upgrades to its app's performance and user experience. New features include Generative Extend (beta), smooth out transitions and hold on shots longer for perfectly timed edits.
The new upgrades enable additions capabilities for busy editors, unlocking more creative time by tripling export speeds and offering a new context-sensitive properties panel.
On the same day, the company announced major updates to Photoshop and Illustrator, unveiling AI-powered features like Generative Fill and Generative Shape Fill to streamline workflows and enhance precision. These innovations, powered by Adobe Firefly, provide faster, more intuitive tools for creative professionals across digital and 3D design.
In the third quarter that ended on August 30, 2024, ADBE reported total revenue of $5.41 billion, up 10.6% from the prior year's quarter. The company's non-GAAP operating income increased 11.1% from the year-ago value to $2.51 billion. Its non-GAAP net income and EPS grew 10.8% and 13.7% year-over-year to $2.08 billion and $4.65, respectively.
Furthermore, the company's cash and cash equivalents and total assets stood at $7.19 billion and $29.83 billion as of August 30, 2024.
Analysts expect ADBE's revenue and EPS for the fourth quarter (ending November 2024) to increase 9.8% and 9.4% year-over-year to $5.54 billion and $4.67, respectively. Moreover, the company has surpassed the consensus EPS and revenue estimates in all four trailing quarters, which is remarkable.
Shares of ADBE have surged marginally over the past month and 1.8% over the past six months to close the last trading session at $500.92.
ADBE's POWR Ratings reflect its sound fundamentals. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
ADBE has an A grade for Quality and a B for Sentiment and Stability. It is ranked #24 out of 129 stocks in the Software – Application industry.
In addition to the POWR Ratings we've stated above, we also have ADBE ratings for Growth, Momentum, and Value. Get all ADBE ratings <a href="https://stocknews.com/stock/ADBE/">here</a>.
Stock #1: Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>)
CRM provides Customer Relationship Management (CRM) technology to bring companies and customers together worldwide. Its service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices.
On October 29, CRM launched Agentforce, a customizable AI agent platform that autonomously handles business tasks across sales, service, marketing, and commerce. With Agentforce, users can easily create and deploy AI agents to automate processes, enhancing efficiency and customer experience without complex integration.
On September 17, CRM entered into a strategic partnership with NVIDIA to advance AI agents on the Salesforce platform, integrating NVIDIA's AI tools to enhance customer interactions and productivity through autonomous agents and interactive avatar experiences. The collaboration will empower businesses with faster, AI-driven insights and engaging real-time digital experiences.
During the second quarter that ended July 31, 2024, CRM's total revenues increased 8.4% year-over-year to $9.33 billion. Its non-GAAP income from operations rose 15.5% from the year-ago value to $3.14 billion. Also, the company's non-GAAP net income came in at $2.50 billion or $2.56 per share, up 19.1% and 20.8% year-over-year, respectively.
In addition, the company's free cash flow grew 20.2% from the year-ago value to $755 million.
According to the company's guidance for the third quarter, CRM expects total revenue between $9.31 billion and $9.36 billion, reflecting 7% year-over-year growth. Also, its non-GAAP EPS is set to be $2.42 - $2.44.
For the full year, the company expects total revenue in the range of $37.70 billion - $38 billion, representing 7% to 8% growth from the prior year. CRM's non-GAAP EPS is projected at $10.03 - $10.11.
Street expects CRM's EPS to grow 15.9% year-over-year to $2.45 for the third quarter (ended October 2024). For the same quarter, the company's revenue is expected to increase 7.2% year-over-year to $9.35 billion. Further, CRM surpassed the consensus EPS estimates in each of the trailing four quarters.
Over the past six months, the stock has gained 12.1% and 46.7% over the past year to close the last trading session at $310.78.
CRM's bright prospects are reflected in its POWR Ratings. The stock has an overall grade of B, translating to a Buy in our proprietary rating system.
CRM has a B grade for Quality and Sentiment. It is ranked #17 among 129 stocks within the same industry.
To see the other ratings of CRM for Stability, Value, Growth, and Momentum, <a href="https://stocknews.com/stock/CRM/">click here</a>.
What To Do Next?
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<hr />
CRM shares fell $0.07 (-0.02%) in after-hours trading Friday. Year-to-date, CRM has gained 22.89%, versus a 27.04% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/crm-adbe-wday-3-high-growth-cloud-stocks-revolutionizing-enterprise-tech/>3 High-Growth Cloud Stocks Revolutionizing Enterprise Tech</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth Cloud Stocks Revolutionizing Enterprise Tech

The Software-as-a-Service market is booming, fueled by cloud adoption, AI advancements, rising cybersecurity demands, and industry-specific needs, making stocks like Salesforce (CRM), Adobe (ADBE), and ServiceNow (NOW) hard to ignore. Read on... Companies are rapidly embracing cloud-based software for its flexibility and cost-effectiveness, fueling consistent growth in the SaaS sector. With advancements in AI and machine learning, SaaS platforms now offer enhanced automation, personalized experiences, and predictive insights, making these services increasingly valuable and efficient.
As a result, top Software-as-a-Service stocks like Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>), Adobe Inc. (<a href="https://stocknews.com/stock/ADBE/">ADBE</a>), and ServiceNow, Inc. (<a href="https://stocknews.com/stock/NOW/">NOW</a>) are hard for investors to overlook.
In today's digital landscape, rising cyber threats make cybersecurity-focused SaaS solutions essential, fueling growth in secure, cloud-based models. As businesses further digitize, niche SaaS products tailored to industries like finance and healthcare offer specialized functionality, driving demand. Gartner projects a 20% increase in SaaS spending, reaching <a href="https://www.gartner.com/en/newsroom/press-releases/2024-05-20-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-surpass-675-billion-in-2024#:~:text=SaaS%20spending%20is%20projected%20to,consumption%20model%2C%E2%80%9D%20said%20Nag.">$247.2 billion by 2024</a>.
Consequently, companies are increasingly investing in software services like Customer Relationship Management (CRM), content creation and management tools, and enterprise automation to enhance digital engagement and streamline operations. As a result, the software market is projected to reach <a href="https://www.statista.com/outlook/tmo/software/worldwide">$858.1 billion</a>, with a 5.3% CAGR from 2024 to 2028.
Furthermore, the global Software-as-a-Service market is projected to grow at a <a href="https://www.researchandmarkets.com/reports/5939098/software-service-saas-global-market-report">6.2% CAGR</a>, reaching $325.84 billion by 2028. Let's now dive into the fundamentals of the key Software-as-a-Service stocks highlighted above.
Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>)
CRM provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence, and deliver quotes, contracts, and invoices.
On October 29, 2024, CRM introduced Agentforce, a customizable AI agent platform that autonomously handles business tasks across sales, service, marketing, and commerce. Using Agent Builder, users can easily create and deploy AI agents to automate processes, enhancing efficiency and customer experience without complex integration.
On September 17, 2024, CRM announced a partnership with NVIDIA to advance AI agents on the Salesforce platform, integrating NVIDIA's AI tools to enhance customer interactions and productivity through autonomous agents and human-like avatars. This collaboration will empower businesses with faster, AI-driven insights and engaging real-time digital experiences.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp">EBITDA margin</a>, CRM's 25.63% is 153.5% higher than the 10.11% industry average. Likewise, its 76.35% trailing-12-month gross profit margin is 51.4% higher than the 50.43% industry average. Its 19.06% trailing-12-month EBIT margin is 270.5% higher than the 5.14% industry average.
CRM's total revenues for the fiscal second quarter that ended on July 31, 2024, rose 8.4% year-over-year to $9.33 billion. Its non-GAAP income from operations rose 15.5% from the year-ago value to $3.14 billion. Similarly, the company's non-GAAP net income and non-GAAP net income per share came in at $2.50 billion and $2.56 per share, up 19.1% and 20.8% over the prior-year quarter, respectively.
Street expects CRM's EPS and revenue for the quarter ending October 31, 2024, to increase 15.9% and 7.2% year-over-year to $2.45 and $9.35 billion, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 48% to close the last trading session at $306.90.
CRM's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect strong prospects. It has an overall rating of B, which translates to a Buy in our proprietary system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has a B grade for Sentiment and Quality. Within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, it is ranked #18 out of 130 stocks. To access additional grades for CRM's Growth, Value, Momentum, and Stability ratings, <a href="https://stocknews.com/stock/CRM/">click here</a>.
Adobe Inc. (<a href="https://stocknews.com/stock/ADBE/">ADBE</a>)
ADBE provides professionals, communicators, businesses, and consumers with a range of products and services to create, manage, deliver, measure, optimize, engage, and transact with content and experiences across diverse digital media formats. Its segments include Digital Media; Digital Experience; and Publishing and Advertising.
On October 14, 2024, ADBE announced major updates to Photoshop and Illustrator, introducing AI-powered features like Generative Fill and Generative Shape Fill to streamline workflows and enhance precision. These innovations, powered by Adobe Firefly, provide faster, more intuitive tools for creative professionals across digital and 3D design.
On the same date, ADBE announced the launch of GenStudio for Performance Marketing, a generative AI-first tool that helps marketing and creative teams create, manage, and optimize ad campaigns across multiple platforms with real-time insights and integrations.
In terms of the trailing-12-month Return on Common Equity margin, ADBE's 35.36% is 721% higher than the 4.31% industry average. Similarly, its 31.60% trailing-12-month levered FCF margin is 194.8% higher than the 10.72% industry average. Additionally, its 25.59% trailing-12-month net income margin is 628.4% higher than the 3.51% industry average.
For the third quarter that ended August 30, 2024, ADBE's total revenue increased 10.6% year-over-year to $5.41 billion. During the same period, its non-GAAP operating income grew 11.1% from the previous year to $2.51 billion. Additionally, its non-GAAP net income and non-GAAP EPS were $2.08 billion and $4.65, respectively, representing increases of 10.8% and 13.7% year-over-year.
Analysts expect ADBE's EPS and revenue for the quarter ending November 30, 2024, to increase 9.4% and 9.8% year-over-year to $4.67 and $5.54 billion, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past six months, the stock has gained 2.3% to close the last trading session at $504.83.
ADBE's positive outlook is reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has an A grade for Quality and a B for Stability and Sentiment. It is ranked #27 in the Software – Application industry. Beyond what we stated above, we also have given ADBE grades for Growth, Value, and Momentum. Get all the ADBE ratings <a href="https://stocknews.com/stock/ADBE/">here</a>.
ServiceNow, Inc. (<a href="https://stocknews.com/stock/NOW/">NOW</a>)
NOW provides enterprise cloud computing solutions that define, structure, consolidate, manage, and automate services for enterprises worldwide. The company operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, electronic service catalogs and portals, data benchmarking, encryption, etc.
On September 10, 2024, NOW announced data enhancements to the Now Platform, including RaptorDB Pro, which improves transaction times by 53% and boosts analytics speed by 27X. A future addition, Knowledge Graph, will provide real-time data personalization across enterprise operations.
In terms of the trailing-12-month net income margin, NOW's 12.77% is 263.5% higher than the 3.51% industry average. Its 7.25% trailing-12-month Return on Total Assets is 280.2% higher than the 1.91% industry average. Also, its 8.22% trailing-12-month Capex / Sales is 298.6% higher than the industry average of 2.06%.
During the third quarter ended September 30, 2024, NOW's total revenues rose 22.2% year-over-year to $2.80 billion. Its non-GAAP gross profit rose 23.2% from the year-ago quarter to $2.31 billion. Its non-GAAP net income rose 28.5% year-over-year to $775 million. Also, the company's non-GAAP net income per share came in at $3.13, representing an increase of 27.4% year-over-year.
For the quarter ending December 31, 2024, NOW's EPS is expected to increase 17.6% year-over-year to $3.66. Its revenue for the same quarter is expected to rise 21.6% year-over-year to $2.96 billion. NOW surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 63.2% to close the last trading session at $994.48.
NOW's positive outlook is reflected in its POWR Ratings. It is ranked #14 out of 39 stocks in the <a href="Software%20-%20Business">Software – Business</a> industry. It has a B grade for Growth, Sentiment, and Quality. To see NOW's Value, Momentum, and Stability ratings, <a href="https://stocknews.com/stock/NOW/">click here</a>.
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CRM shares were trading at $310.77 per share on Thursday afternoon, up $3.87 (+1.26%). Year-to-date, CRM has gained 18.62%, versus a 26.56% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/crm-now-adbe-3-software-as-a-service-stocks-you-cant-ignore/>3 Software-as-a-Service Stocks You Can't Ignore</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Software-as-a-Service Stocks You Can't Ignore

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