- Adobe Systems Incorporated stock price today and history
Adobe Systems Incorporated (ADBE) stock prices updated...
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Adobe Systems Incorporated stock price, ADBE
Adobe Systems Incorporated stock chart:
Adobe Systems Incorporated close price: 136.84
Stock price forecast:
DOWN TO -0.07%
Total forecasts: 84
Reached: 2 (2.38%)
Total Win: 0.64 (0.47%)
Showing 1-10 of 567 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Adobe Systems Incorporated latest news:
Adobe's cloud push fuels profit beat, shares surge
(Reuters) - Adobe Systems Inc reported a better-than-expected quarterly profit and forecast current-quarter above analysts' estimates, as the software maker benefits from a rapid switch to the cloud.
Adobe rises to record levels after beating earnings expectations
Adobe Systems Inc. shares rose to prices it has never reached in regular trading Tuesday after the software company beat quarterly earnings projections with record quarterly revenue. The maker of the Creative Suite of products reported net income of $374.4 million, or 75 cents a share, on sales of $1.77 billion for its fiscal second quarter. After adjusting for stock-based compensation and other effects, Adobe claimed earnings of $1.02 a share. Analysts on average expected adjusted earnings of 95 cents a share on sales of $1.73 billion. Adobe stock topped $146 in after-hours trading following the report's release, after closing the regular session with a 0.4% increase at $140.91. Adobe has never traded for more than $144.34 in regular trading and established a record closing high of $143.62 on June 7.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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