Analysts foresee more revenue Adobe

Tomorrow Adobe will publish its past quarters results. For this year Adobe's revenue will be around 13,15 billion USD. This is according to the average of the analysts' estimates. This is quite more than 2018's revenue of 11,17 billion USD.

Historical revenues and results Adobe plus estimates 2020

The analysts expect for 2020 a net profit of 4,76 billion USD. The majority of the analysts expects for this year a profit per share of 9,79 USD. Based on this the price/earnings-ratio is 33,95.

Analysts don't expect the company to pay a dividend. The average dividend yield of the software & services companies is an attractive 6,54 percent.

Most recent target prices around 402 USD

Adobe's market value equals around 162,09 billion . The Adobe stock was the past 12 months quite volatile. Since last March the stock is even 26 percent higher. This year the stock price moved between 252 and 387 dollar. Since 2008 the stock price is almost 844 percent higher.

Historical stock prices Adobe period 2007-2020

Click here for dividend . On Friday the stock closed at 332,38 USD.

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