|Bid||243.44 x 800|
|Ask||243.89 x 800|
|Day's range||243.26 - 248.80|
|52-week range||138.31 - 258.91|
|PE ratio (TTM)||56.15|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
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.
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.
Today Adobe (ADBE) announced it has appointed Dana Rao as executive vice president and General Counsel, effective immediately. Rao will succeed Mike Dillon, who announced his intent to retire earlier this year. Rao will report to Adobe president and CEO Shantanu Narayen and will oversee all of Adobe’s legal and government relations matters.
Adobe today announced it will webcast its second quarter fiscal year 2018 earnings conference call to be held later this week.
Adobe (ADBE) today announced it has entered into a definitive agreement to acquire Magento Commerce, a market-leading commerce platform, for $1.68 billion, subject to customary purchase price adjustments. The addition of the Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud, delivering a single platform that serves both B2B and B2C customers globally. The Magento Platform brings together digital commerce, order management and predictive intelligence into a unified commerce platform enabling shopping experiences across a wide array of industries.
Adobe (ADBE) today announced its board of directors has approved a new stock repurchase program granting the company authority to repurchase up to $8 billion in common stock through its fiscal year 2021. Under the program, which is designed to return value to Adobe’s stockholders, offset dilution from stock issuances, and reduce share count over time, the company may repurchase shares in the open market and enter into structured repurchase agreements with third parties. The new stock repurchase authority is a significant expansion of the company’s previous program authorizing the repurchase of up to $2.5 billion in common stock through fiscal year 2019 that is expected to be exhausted later this year. The new program is expected to be funded from Adobe’s future cash flow from operations and is not expected to have a material impact on the company’s fiscal year 2018 earnings.
Adobe (ADBE) today announced the XD CC Starter plan, a free offering of the all-in-one UX/UI design platform. The XD CC Starter plan includes Adobe XD for Mac and Windows, mobile apps for iOS and Android, and services to empower users to design, prototype and share user experiences with colleagues. With this announcement and the release of new features and enhancements, Adobe XD is the only cross-platform experience design platform to combine both design and prototyping with industrial-grade performance.
Adobe today announced it has been named a Leader by Gartner, Inc. in the 2018 “Magic Quadrant for Multichannel Marketing Hubs” research report. Adobe placed furthest to the right in “completeness of vision.” The report evaluated 21 vendors, and Adobe was positioned in the Leaders quadrant.
Adobe today announced the appointment of David “Dave” A. Ricks to its board of directors, effective April 12, 2018. The addition of Ricks expands Adobe’s board of directors from 10 to 11 members.
Adobe announced today that Spark for Education with premium features and additional functionality is now available to K-12 and higher education students free of charge.
Adobe (Nasdaq:ADBE) announced today that Spark for Education with premium features and additional functionality is now available to K-12 and higher education students free of charge. Normally priced at $120 per year and available on the Spark for Education website, Adobe Spark for Education is a fun and frictionless storytelling Creative Cloud application that runs in any web or mobile browser, enabling students to quickly and easily express themselves via graphics, web stories and video to complete their school assignments and showcase digital creativity. Adobe’s research has shown that jobs of the future will demand both creativity and creative problem solving skills—two different capabilities that 97% of educators recognize as being essential for students to learn in school.
Adobe today announced the appointment of John Murphy as executive vice president and Chief Financial Officer , effective April 9, 2018. Murphy will assume the CFO role from Adobe EVP and CFO Mark Garrett, who announced his intent to retire earlier this year.
Ahead of the 2018 NAB Show, Adobe today announced a major update in Adobe Creative Cloud, giving video professionals new tools to automate and expedite time-consuming production tasks without sacrificing creative control.
Marketing to people as they move from one device to another – from a desktop at the office, to a smartphone on the train, to a tablet in their home – continues to pose a tremendous challenge to brands and marketers.
At Adobe Summit, Adobe and NVIDIA today announced a strategic partnership to rapidly enhance their industry-leading artificial intelligence and deep learning technologies.
At Adobe Summit , more than 13,000 attendees will get an up-close look at Adobe’s latest technologies coming out of its R&D labs. Hosted by Leslie Jones of “Saturday Night Live,” Adobe’s popular “Summit Sneaks” offers an exciting and entertaining look into future technology.
Adobe today introduced the next generation of Adobe Cloud Platform, the underlying, cross-cloud architecture that unifies content and data and is powered by Adobe Sensei, Adobe’s advanced AI and machine learning framework.
Marketers continue to be challenged by siloed creative and media processes as well as disparate systems and platforms. At Adobe Summit, Adobe today debuted several additions to Adobe Advertising Cloud, part of Adobe Experience Cloud, designed to remedy these issues.
At Adobe Summit, Adobe today announced major advances to its global partner ecosystem, which now includes more than 5,000 agencies, systems integrators and technology partners.
Today, Adobe kicked off Summit 2018 with new innovations across Adobe Experience Cloud, including advanced capabilities in Advertising Cloud, Marketing Cloud and Analytics Cloud.
At Adobe Summit, Adobe and Microsoft Corp. announced a step forward in their global partnership . The companies are extending their partnership into China to help global brands locally deliver personalized experiences across customer touchpoints in this important and growing market.
Adobe today announced it will webcast its first quarter fiscal year 2018 earnings conference call to be held later this week.