|Bid||236.37 x 800|
|Ask||236.51 x 800|
|Day's range||236.25 - 241.85|
|52-week range||138.31 - 258.91|
|PE ratio (TTM)||54.75|
|Earnings date||13 Sep 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||273.46|
Adobe (ADBE) continues to perform well on the back of strength in Creative Cloud business, innovative solutions and growing subscriptions for its cloud application.
Oracle (ORCL) appears to be lagging in the competition to Amazon (AMZN) and Microsoft (MSFT) in the cloud computing business. According to J.P. Morgan analysts, Oracle is slipping among enterprise technology buyers.
Adobe Systems (ADBE) is expecting a $40.0 million revenue boost from Magento Commerce in its fiscal 2018. Magento is an e-commerce services provider that Adobe said last month it was acquiring for $1.7 billion, its largest deal in nearly ten years. Adobe said it expected the Magento deal to close soon.
SAP SE (SAP) is releasing a slate of new CRM (customer relationship management) applications in a renewed push to lead the CRM market. SAP captured 8.5% of the global CRM market last year, making it the second-largest CRM software vendor, according to Gartner. SAP was a distant second-place contender for CRM spending, as it trailed the market leader by more than 10.0% in terms of market share size.
Jim Cramer hears from Okta co-founder, Chairman and CEO Todd McKinnon about his cybersecurity company's prospects.
Intuit Inc. is at a 52 week high, but can investors hope for more gains in the future? We take a look at the fundamentals for INTU for clues.
Adobe Systems (ADBE) is seeing solid earnings estimate revision and has a favorable Zacks rank, making it well positioned for future earnings growth.
an obscure sport for kids, commuters and hardcore fitness fanatics, cycling has evolved in the past few years into both a powerful networking tool for executives and an activity that corporations are increasingly using to connect with their client base. , the San Jose, California-based maker of design and publishing software, organizes formal cycling events for clients and partners at many Adobe and partner conferences around the world. “I have executives say, ‘Send me your cycling calendar.’ They’re using it to decide which conferences to attend,” says Ben Rabner, Adobe’s head of experiential marketing, who founded the bike program five years ago.
See who joins Nvidia, Adobe and Five Below on this screen based on the stock-picking criteria of Warren Buffett, including quality management and long-term, sustainable growth.
Software giant Adobe (ADBE) reported its fiscal second-quarter1 numbers on June 14, and they were impressive. The company’s revenue rose 23.9% YoY (year-over-year) to $2.2 billion, beating analysts’ estimate of $2.16 billion. Additionally, Adobe’s net income grew by an impressive 77% YoY to $663.2 million, topping analysts’ estimate of $602.1 million. As the graph below shows, the company’s revenue has grown consistently, by over 20% YoY.
So far in this series, we’ve discussed acquisitions made by SAP (SAP), Oracle (ORCL), and Adobe (ADBE). We’ve also discussed the factors that have served as catalysts for SAP stock reaching an all-time high this week.
Adobe (ADBE) today announced the completion of its acquisition of Magento Commerce, a market-leading commerce platform. The addition of the Magento Commerce Cloud to the Adobe Experience Cloud will deliver a single, end-to-end digital experience platform including content creation, marketing, advertising, analytics and commerce for B2B and B2C customers. The Magento Platform brings together digital commerce, order management and predictive intelligence to enable shopping experiences that scale for businesses of any size.
Earlier in the series, we discussed SAP’s (SAP) recent acquisition and the launch of its new offering, C/4HANA, which targets the CRM (customer relationship management) space. Adobe (ADBE) and Oracle (ORCL) are also making strategic acquisitions and launching their product offerings to gain a strong foothold in the space. According to Gartner, global CRM software revenue soared to $39.5 billion in 2017 and overtook database management systems revenue, which reached $36.8 billion last year.
Adobe (ADBE) today announced powerful new enhancements to Adobe Document Cloud with advancements for Adobe Sign and new PDF integrations across Microsoft Office 365. Adobe Sign is now more deeply integrated with Microsoft Dynamics 365, providing real-time access to customer details from LinkedIn Sales Navigator and more automated sales processes. Adobe Sign is now also the first Cloud Service Provider in the industry to receive FedRAMP Tailored authorization that meets the government’s rigorous security standards, so Adobe Document Cloud can be quickly deployed across U.S. Federal agencies.