|Bid||243.44 x 800|
|Ask||243.89 x 800|
|Day's range||243.26 - 248.80|
|52-week range||138.31 - 258.91|
|PE ratio (TTM)||56.15|
|Earnings date||13 Sep 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||273.46|
Jim Cramer hears from Okta co-founder, Chairman and CEO Todd McKinnon about his cybersecurity company's prospects.
Intuit Inc. is at a 52 week high, but can investors hope for more gains in the future? We take a look at the fundamentals for INTU for clues.
Adobe Systems (ADBE) is seeing solid earnings estimate revision and has a favorable Zacks rank, making it well positioned for future earnings growth.
an obscure sport for kids, commuters and hardcore fitness fanatics, cycling has evolved in the past few years into both a powerful networking tool for executives and an activity that corporations are increasingly using to connect with their client base. , the San Jose, California-based maker of design and publishing software, organizes formal cycling events for clients and partners at many Adobe and partner conferences around the world. “I have executives say, ‘Send me your cycling calendar.’ They’re using it to decide which conferences to attend,” says Ben Rabner, Adobe’s head of experiential marketing, who founded the bike program five years ago.
See who joins Nvidia, Adobe and Five Below on this screen based on the stock-picking criteria of Warren Buffett, including quality management and long-term, sustainable growth.
Software giant Adobe (ADBE) reported its fiscal second-quarter1 numbers on June 14, and they were impressive. The company’s revenue rose 23.9% YoY (year-over-year) to $2.2 billion, beating analysts’ estimate of $2.16 billion. Additionally, Adobe’s net income grew by an impressive 77% YoY to $663.2 million, topping analysts’ estimate of $602.1 million. As the graph below shows, the company’s revenue has grown consistently, by over 20% YoY.
So far in this series, we’ve discussed acquisitions made by SAP (SAP), Oracle (ORCL), and Adobe (ADBE). We’ve also discussed the factors that have served as catalysts for SAP stock reaching an all-time high this week.
Adobe (ADBE) today announced the completion of its acquisition of Magento Commerce, a market-leading commerce platform. The addition of the Magento Commerce Cloud to the Adobe Experience Cloud will deliver a single, end-to-end digital experience platform including content creation, marketing, advertising, analytics and commerce for B2B and B2C customers. The Magento Platform brings together digital commerce, order management and predictive intelligence to enable shopping experiences that scale for businesses of any size.
Earlier in the series, we discussed SAP’s (SAP) recent acquisition and the launch of its new offering, C/4HANA, which targets the CRM (customer relationship management) space. Adobe (ADBE) and Oracle (ORCL) are also making strategic acquisitions and launching their product offerings to gain a strong foothold in the space. According to Gartner, global CRM software revenue soared to $39.5 billion in 2017 and overtook database management systems revenue, which reached $36.8 billion last year.
Adobe (ADBE) today announced powerful new enhancements to Adobe Document Cloud with advancements for Adobe Sign and new PDF integrations across Microsoft Office 365. Adobe Sign is now more deeply integrated with Microsoft Dynamics 365, providing real-time access to customer details from LinkedIn Sales Navigator and more automated sales processes. Adobe Sign is now also the first Cloud Service Provider in the industry to receive FedRAMP Tailored authorization that meets the government’s rigorous security standards, so Adobe Document Cloud can be quickly deployed across U.S. Federal agencies.
Today Adobe (ADBE) announced it has appointed Dana Rao as executive vice president and General Counsel, effective immediately. Rao will succeed Mike Dillon, who announced his intent to retire earlier this year. Rao will report to Adobe president and CEO Shantanu Narayen and will oversee all of Adobe’s legal and government relations matters.
Lingering trade-war fears carried over to the stock market near midday Monday, but the selling was mostly focused in blue-chip stocks as Intel and Walt Disney weighed on the Dow.
While Magento ensured Adobe’s entry into the e-commerce space, DataScience.com is expected to give Oracle’s efforts a boost in the AI and machine-learning spaces, which are viewed as two of the fastest-growing segments in the technology sector. According to a study done by Aheadworks, an industry partner of Magento, WooCommerce and Magento held market shares of 18% and 16%, respectively, in the fragmented web store space in 2017.
Earlier in the series, we discussed the acquisitions of Coresystems and DataScience.com by SAP (SAP) and Oracle (ORCL), respectively. On May 21, Adobe (ADBE) announced its acquisition of Magento Commerce for $1.7 billion. Discussing how this acquisition would boost Adobe’s offerings and its presence in the commerce space, Brad Rencher, executive vice president of digital experience at Adobe, said, “Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce—enabling real-time experiences across the entire customer journey.
Julian Robertson is the founder and chair of Tiger Management. In the previous part of this series, we discussed that he has an optimistic outlook on the US technology sector (QQQ) and the US financial sector. In this part, we’ll look at Tiger Management’s top buys in the first quarter of 2018.