Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.
Company profile
Ticker
ADBE
Exchange
Website
CEO
Mr. Shantanu Narayen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
APOGEE ENTERPRISES INC
SEC CIK
Corporate docs
Subsidiaries
Adobe Assets, LLC • Adobe Canada Services Corporation • Adobe Colombia SAS • Adobe Corporate LLC • Adobe Holdings LLC • Adobe Labs, Inc. • Adobe Systems Brasil Limitada • Adobe Systems Canada Inc. • Adobe Systems Federal LLC • Adobe Systems Software Chile Limitada ...
IRS number
770019522
ADBE stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
25 Sep 24
8-K
Adobe Reports Record Revenue in Q3 Fiscal 2024
12 Sep 24
8-K
Departure of Directors or Certain Officers
8 Aug 24
8-K
Departure of Directors or Certain Officers
18 Jul 24
S-8
Registration of securities for employees
26 Jun 24
10-Q
2024 Q2
Quarterly report
26 Jun 24
8-K
Adobe Reports Record Revenue in Q2 Fiscal 2024
13 Jun 24
8-K
Departure of Directors or Certain Officers
19 Apr 24
8-K
Entry into a Material Definitive Agreement
4 Apr 24
424B2
Prospectus for primary offering
2 Apr 24
Transcripts
ADBE
Earnings call transcript
2024 Q3
12 Sep 24
ADBE
Earnings call transcript
2024 Q2
13 Jun 24
ADBE
Earnings call transcript
2024 Q1
14 Mar 24
ADBE
Earnings call transcript
2023 Q4
13 Dec 23
ADBE
Earnings call transcript
2023 Q3
14 Sep 23
ADBE
Earnings call transcript
2023 Q3
14 Sep 23
ADBE
Earnings call transcript
2023 Q2
15 Jun 23
ADBE
Earnings call transcript
2023 Q2
15 Jun 23
ADBE
Earnings call transcript
2023 Q1
15 Mar 23
ADBE
Earnings call transcript
2022 Q4
16 Dec 22
Latest ownership filings
4
Gloria Chen
17 Oct 24
4
Daniel Durn
17 Oct 24
4
Jillian Forusz
17 Oct 24
4
SHANTANU NARAYEN
17 Oct 24
4
David Wadhwani
17 Oct 24
4
Anil Chakravarthy
17 Oct 24
4
Scott Belsky
17 Oct 24
144
Notice of proposed sale of securities
16 Oct 24
144
Notice of proposed sale of securities
15 Oct 24
4
SHANTANU NARAYEN
26 Sep 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Nov 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.19 bn | 7.19 bn | 7.19 bn | 7.19 bn | 7.19 bn | 7.19 bn |
Cash burn (monthly) | 155.67 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 273.20 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 6.92 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 44.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
82.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2673 |
Opened positions | 252 |
Closed positions | 215 |
Increased positions | 1131 |
Reduced positions | 989 |
13F shares | Current |
---|---|
Total value | 187.54 tn |
Total shares | 363.34 mm |
Total puts | 11.32 mm |
Total calls | 8.91 mm |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 41.03 mm | $22.80 tn |
BLK BlackRock | 38.57 mm | $21.43 tn |
STT State Street | 20.04 mm | $11.13 tn |
Geode Capital Management | 10.38 mm | $5.75 tn |
MS Morgan Stanley | 10.31 mm | $5.73 tn |
FMR | 8.90 mm | $4.95 tn |
T. Rowe Price | 7.60 mm | $4.22 bn |
BK The Bank of New York Mellon Corporation | 6.09 mm | $3.39 tn |
Primecap Management | 5.74 mm | $3.19 tn |
Norges Bank | 5.38 mm | $2.99 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Oct 24 | Belsky Scott | Common Stock | Sell | Dispose S | No | Yes | 506.39 | 703 | 355.99 k | 18,128.453 |
15 Oct 24 | Narayen Shantanu | Common Stock | Payment of exercise | Dispose F | Yes | No | 508.03 | 626 | 318.03 k | 359,448 |
15 Oct 24 | Narayen Shantanu | Common Stock | Option exercise | Acquire M | Yes | No | 0 | 1,264 | 0.00 | 360,074 |
15 Oct 24 | Narayen Shantanu | Common Stock | Payment of exercise | Dispose F | Yes | No | 508.03 | 1,090 | 553.75 k | 358,810 |
15 Oct 24 | Narayen Shantanu | Common Stock | Option exercise | Acquire M | Yes | No | 0 | 2,200 | 0.00 | 359,900 |
15 Oct 24 | Narayen Shantanu | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,264 | 0.00 | 16,440 |
15 Oct 24 | Narayen Shantanu | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,200 | 0.00 | 19,798 |
15 Oct 24 | David Wadhwani | Common Stock | Payment of exercise | Dispose F | No | No | 508.03 | 216 | 109.73 k | 13,920.402 |
15 Oct 24 | David Wadhwani | Common Stock | Option exercise | Acquire M | No | No | 0 | 437 | 0.00 | 14,136.402 |
15 Oct 24 | David Wadhwani | Common Stock | Payment of exercise | Dispose F | No | No | 508.03 | 377 | 191.53 k | 13,699.402 |
News
Smart Money Is Betting Big In ADBE Options
18 Oct 24
Spotlight on Adobe: Analyzing the Surge in Options Activity
16 Oct 24
Adobe Stock To Turn From Laggard To Leader, Analysts Highlight 'AI Monetization Opportunities' From MAX Creativity Conference
15 Oct 24
14 Analysts Have This To Say About Adobe
15 Oct 24
RBC Capital Reiterates Outperform on Adobe, Maintains $610 Price Target
15 Oct 24
Press releases
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Adobe Inc. - ADBE
17 Oct 24
DevRev Designs SaaS 2.0 With a Conversational Interface on Its AI-Native Platform
17 Oct 24
Adobe Puts Greater Power & Possibility in Hands of Creators, Teams & Marketers at Adobe MAX 2024
14 Oct 24
Adobe Launches GenStudio for Performance Marketing to Accelerate Campaigns for Marketing and Creative Teams with Generative AI and Deep Insights
14 Oct 24
Adobe Revolutionizes Professional Video Editing with Premiere Pro Innovations Powered by New Firefly Video Model
14 Oct 24