Analysts expect over 2020 rising revenue Adobe

Tomorrow Adobe will publish it's past quarters results. Over the current book year the total revenue will be 12,98 billion USD (consensus estimates). This is rather significant more than 2018's revenue of 11,17 billion USD.

Historical revenues and results Adobe plus estimates 2020

fundamental data

The analysts expect for 2020 a net profit of 4,72 billion USD. For this year the consensus of the result per share is a profit of 9,73 USD. The PE-ratio therefore is 40,82.

For this year analysts don't expect the company to pay a dividend. The average dividend yield of the software & services companies equals a relatively high 7,76 percent.

Latest estimates around 368 USD

The latest 3 recommendations for the software & services company were provided by Jefferies & Co., ABN AMRO and JP Morgan.

Based on the current number of shares Adobe's market capitalization equals 193,68 billion USD. The Adobe stock was the past 12 months quite volatile. Since last June the stock is even 44 percent higher. This year the stock price moved between 255 and 402 dollar. Since 2008 the stock price is almost 1152 percent higher.

Historical stock prices Adobe period 2007-2020

fundamental data adobe

Click here for dividend Adobe. On Monday, the stock closed at 397,16 USD. Nieuwsdienst: +31 084-0032-842

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