Adobe Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 39 out of 485 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 425.27.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

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The current financial score of Adobe Inc is 7.26, ranking 230 out of 485 in the Software & IT Services industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 6.19B, representing a year-over-year increase of 10.49%, while its net profit experienced a year-over-year increase of 10.28%.
The current valuation score of Adobe Inc is 7.84, ranking 186 out of 485 in the Software & IT Services industry. Its current P/E ratio is 17.91, which is 212.48% below the recent high of 55.96 and 3.07% above the recent low of 17.36.

The current earnings forecast score of Adobe Inc is 7.55, ranking 251 out of 485 in the Software & IT Services industry. The average price target is 450.00, with a high of 605.00 and a low of 270.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Adobe Inc is 6.64, ranking 256 out of 485 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 340.46 and the support level at 273.52, making it suitable for range-bound swing trading.

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The current institutional shareholding score of Adobe Inc is 10.00, ranking 1 out of 485 in the Software & IT Services industry. The latest institutional shareholding proportion is 90.27%, representing a quarter-over-quarter decrease of 0.31%. The largest institutional shareholder is The Vanguard, holding a total of 41.17M shares, representing 10.03% of shares outstanding, with 4.38% increase in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Adobe Inc is 8.77, ranking 27 out of 485 in the Software & IT Services industry. The company's beta value is 1.52. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.