|Bid||477.10 x 900|
|Ask||478.90 x 800|
|Day's range||466.01 - 481.58|
|52-week range||255.13 - 536.88|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||60.43|
|Earnings date||09 Dec 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||24 Mar 2005|
|1y target est||552.77|
Adobe (ADBE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
When it comes to creative software, Adobe (NASDAQ: ADBE) is the 800-pound gorilla that no other company truly rivals. The company is most well known for its creative suite subscription bundle, which includes popular media editing applications such as Photoshop, Illustrator, and After Effects. Adobe stock has performed extremely well in recent years, and despite the run, there continue to be reasons to be bullish.
This morning Adobe is launching a feature it calls "Liquid Mode." Liquid Mode taps Adobe's AI engine, Sensei, to analyze a PDF and automatically rebuild it for mobile devices. After a few months of quiet testing, Liquid Mode is being publicly rolled out in Adobe's Acrobat Reader app for iOS and Android today, with plans to bring it to desktops later.