ADBE - Adobe Systems Incorporated

NasdaqGS - NasdaqGS Real-time price. Currency in USD
306.23
+3.20 (+1.06%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous close303.03
Open306.20
Bid0.00 x 800
Ask0.00 x 1400
Day's range303.16 - 306.74
52-week range204.95 - 313.11
Volume1,733,188
Avg. volume2,704,844
Market cap148.24B
Beta (3Y monthly)1.10
PE ratio (TTM)54.49
EPS (TTM)5.62
Earnings date12 Dec 2019
Forward dividend & yieldN/A (N/A)
Ex-dividend date2005-03-24
1y target est317.62
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    Adobe to Webcast Q4 and FY2019 Earnings Conference Call

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  • Adobe Systems (ADBE) to Report Q4 Results: Wall Street Expects Earnings Growth
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  • Adobe Systems (ADBE) Gains As Market Dips: What You Should Know
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    Adobe Systems (ADBE) closed the most recent trading day at $303.91, moving +0.38% from the previous trading session.

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  • Bloomberg

    Google’s Limits on Political Ads Have a Loophole Trump Could Tap

    (Bloomberg) -- Google is pulling powerful targeting tools from political advertisers, a move that prompted a sharp rebuke from President Donald Trump’s campaign.Because of the changes outlined last month, campaigns that use Google to place election ads on Google Search, YouTube and other websites can no longer target them to a particular audience based on political affiliation.But the new policy has a loophole that means large swathes of Google ad space on the web can still be highly targeted by candidates and other political groups looking to sway voters during the 2020 election.The internet giant lets advertisers buy some of its marketing spots using their own targeting data, and technology from other companies. Political advertisers could embrace these alternatives to get around Google’s policy.This loophole shows how the labyrinthine advertising-technology ecosystem makes it difficult for internet giants to police election ads. Google and Facebook Inc. dominate the digital ad market, but hundreds of smaller companies crunch data and provide tools to advertisers.Google, Facebook at Center of Rising Political-Ad TensionsGoogle provides three main types of ad space: Search, YouTube and display. Display ads include banners and videos placed on websites around the world. Google acts as a middleman between those sites and advertisers. To buy, advertisers can go directly through Google, or they can use other providers such as Trade Desk Inc., MediaMath Inc. and Adobe Inc.That’s where the loophole shows up. Google’s new limits should work on YouTube and Search ads because they can only be bought through Google. But many Google display ads are put up for auction on Google’s ad exchange, and advertisers can bid on these marketing spots using whatever targeting data and tools they want.“Advertisers can skirt this policy and still access the exchange,” said Grace Briscoe, a vice president at Centro Inc., which sells tools for marketers to bid on ad exchanges, including Google’s.There’s not much Google can do to close the loophole because the company can’t check targeting data it doesn’t control, and can’t impose its policy on other ad-tech companies, according to Briscoe.Trump Campaign Says Google’s Ad Changes Will Suppress 2020 VoteThe policy applies to Google’s ad-buying tool, known as DV360, but not to Google display ads bought through other companies like Trade Desk, a Google spokeswoman said in an email.Spokesmen for Adobe and Trade Desk said it was possible to buy targeted ads on Google using their tools. Trade Desk doesn’t allow targeting down to the individual for political ads, the company’s spokesman said.Adobe’s policies require political ads to be clearly labeled. Specific targeting is allowed if advertisers bring their own data, a spokesman for the company said. A spokeswoman for MediaMath declined to comment.Democratic presidential candidate Michael Bloomberg is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.Online advertising giants Facebook and Alphabet Inc.’s Google are at the center of a major debate over political advertising in the U.S. The companies allow highly tailored messages to be delivered to small groups of people, changing the way campaigns operate and making it possible to send ads that the wider world never sees. Both companies require political advertisers to upload their ads to a public database.Twitter Inc. banned political advertising completely last month while Facebook says it will keep accepting ads from politicians and won’t check them for accuracy.\--With assistance from Mark Bergen and Bill Allison.To contact the reporter on this story: Gerrit De Vynck in New York at gdevynck@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Alistair Barr, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Adobe Falls 3%
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  • Adobe Adds Features to iPad Photoshop App After Early Criticism
    Bloomberg

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    (Bloomberg) -- Adobe Inc. said new features are coming to its Photoshop for iPad application, responding to criticism that the first version lacked basic functions users expected would be retained from the desktop model of the best-selling image-editing software.The company said Thursday that before the end of the year it would add a Select Subject mode, which uses artificial intelligence to automatically identify and select a subject in an image, and an upgraded version of the Cloud documents function, which synchronizes Photoshop files between the desktop and iPad apps. In the first half of 2020, Photoshop for iPad will get support for Curves, which adjusts the color of an image, and improvements to layers, brush sensitivity, the ability to rotate the canvas and integration with the Lightroom app, the company said in a blog post.Adobe didn’t address other missing elements that users have complained about, including RAW image editing and smart objects. Bloomberg News reported earlier this year that beta testers of Photoshop for iPad said the app was far more watered down than expected.Earlier this month, Scott Belsky, chief product officer of Adobe’s Creative Cloud division, tweeted about the “painful” early reviews for a product his team has worked on for years. Right now in Apple’s App Store, Photoshop for iPad has a user review rating of two of five stars.Adobe is trying to move its most successful software franchises to mobile devices as a way to boost revenue and maintain its stature as the world’s largest maker of creative software. The San Jose, California-based company also recently said it will bring Illustrator to the iPad in 2020.While the apps cater to creative professionals seeking the ability to work on the go, Adobe also is trying to expand the appeal of its photo-editing and illustration software to hobbyists.To contact the reporters on this story: Mark Gurman in San Francisco at mgurman1@bloomberg.net;Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Andrew Pollack, Mark MilianFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • ADBE Nearing Buy Point
    Investor's Business Daily Video

    ADBE Nearing Buy Point

    Adobe has risen sharply over the last several weeks, closing in on a 313.21 cup-base buy point. The RS line has improved, though still off highs. Earnings are due Dec. 12.

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