adobe--big

ADOBE

(ADBE)

NASDAQ

Recommendation:

Buy

Share Price:

USD

Market Cap:

$

Adobe Inc: Fade Figma

20 September 2022

We initiate coverage of Adobe Systems Inc with a BUY rating. Recently the stock plunged +16% intraday due to its $20B acquisition of Figma, a collaborative workflow platform. Adobe is the software company behind Photoshop, inDesign, Adobe Acrobat (.pdfs) and other design-orientated software. The bulk of its revenue comes from Creative Cloud subscriptions, which are paid on a recurring basis.

Do You Want Daily Market Insights?

If you’re interested in staying up-to-date with the latest news and analysis on stocks, be sure to sign up to BlackBull Research.

1 Month Free Trial

Access our expert stock market research Free of charge with no obligation

Latest Research

Just Do It: Unveiling the investment potential of Nike

7 June 2024

Refreshing the Thesis: H2Go

De.mem Limited
29 May 2024

Can't give them away for Free

G8 Education Limited
31 October 2023

Some Relief

New Zealand King Salmon
12 October 2023

Not Cheap enough yet

Woodside Energy Group
9 October 2023

Holding Up for Now.....

James Hardie Industries PLC
3 October 2023

Recommendation:

Buy

Share Price:

USD

Market Cap:

$

Latest Research on ADBE.NASDAQ

Adobe: When No News Is Good News

ADOBE
22 December 2022

Latest Research

Starbucks: Bean there, done that, still great

Starbucks
11 June 2024

Just Do It: Unveiling the investment potential of Nike

7 June 2024

Refreshing the Thesis: H2Go

De.mem Limited
29 May 2024

Can't give them away for Free

G8 Education Limited
31 October 2023

Some Relief

New Zealand King Salmon
12 October 2023

Not Cheap enough yet

Woodside Energy Group
9 October 2023

Free 1 Month Free Trial

Unlock this article & access our expert stock market research

ASX, NZX & USD Stock Buy, Hold, Sell recommendations. Model Portfolios. Daily news and more

[pmpro_checkout]