ADBE

Adobe Inc

TMT


Presented:04/30/2021
Price:$508.34
Cap:$242.99B
Current Price:$508.03
Cap:$223.63B

Presented

Date04/30/2021
Price$508.34
Market Cap$242.99B
Ent Value$212.67B
P/E Ratio44.22x
Book Value$28.28
Div Yield0%
Shares O/S478.00M
Ave Daily Vol2,552,656
Short Int1.11%

Current

Price$508.03
Market Cap$223.63B
Adobe, Inc. engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing. The Digital Media segment offers creative cloud services, which allow members to download and install the latest versions of products, such as Adobe Photoshop, Adobe Illustrator, Adobe Premiere Pro, Adobe Photoshop Light room and Adobe InDesign, as well as utilize other tools, such as Adobe Acrobat. The Digital Experience segment provides solutions, including analytics, social marketing, targeting, media optimization, digital experience management, and cross-channel campaign management, as well as premium video delivery and monetization. The Publishing segment includes legacy products and services for eLearning solutions, technical document publishing, web application development, and high-end printing. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.

Publicly traded companies mentioned herein: Adobe Inc (ADBE), Alphabet Inc (GOOGL), Apple Inc (AAPL), DocuSign Inc (DOCU), Facebook Inc (FB), Salesforce.com Inc (CRM), Snap Inc (SNAP)

Highlights

The presenter is long shares of Adobe Inc (ADBE) and sees three core pillars to his thesis: 1) continued growth, net adds, and ARPU expansion from the Creative Cloud segment, 2) Document Cloud’s growth will accelerate, and 3) a turnaround of ADBE’s Digital Experience segment. 

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Idea Discussion

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