Adobe Systems (ADBE) Gains As Market Dips: What You Should Know

Adobe Systems (ADBE) closed the most recent trading day at $381.06, moving +0.05% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.64%. Elsewhere, the Dow saw a downswing of 0.24%, while the tech-heavy Nasdaq depreciated by 0.74%.The software maker's stock has climbed by 9.11% in the past month, exceeding the Computer and Technology sector's gain of 3.67% and the S&P 500's gain of 0.38%.Market participants will be closely following the financial results of Adobe Systems in its upcoming release. The company plans to announce its earnings on June 12, 2025. The company's upcoming EPS is projected at $4.96, signifying a 10.71% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $5.79 billion, showing an 8.99% escalation compared to the year-ago quarter.Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $20.36 per share and revenue of $23.42 billion. These totals would mark changes of +10.53% and +8.89%, respectively, from last year.Investors should also note any recent changes to analyst estimates for Adobe Systems. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.26% decrease. Adobe Systems currently has a Zacks Rank of #3 (Hold).Looking at its valuation, Adobe Systems is holding a Forward P/E ratio of 18.71. This expresses a discount compared to the average Forward P/E of 27.05 of its industry.One should further note that ADBE currently holds a PEG ratio of 1.51. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Computer - Software industry stood at 2.3 at the close of the market yesterday.The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 79, putting it in the top 32% of all 250+ industries.The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Adobe Inc. (ADBE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks