![]() ![]() Recent Resultsįor Q3 2021, Adobe announced total revenues of $3.94 billion and non-GAAP earnings of $3.11 per share, which surpassed analysts’ estimates of $3.89 billion. The company has over 21,000 employees worldwide, 40% of whom work in San Jose. Some of the company’s flagship products are the Adobe Reader and PDF, Adobe Photoshop image editor, Adobe Illustrator vector-based illustration tool, and a wide range of other audio and video content creation and publishing tools. (See Analysts’ Top Stocks on TipRanks) StrengthsĪdobe has hundreds of millions of users across the world. I am neutral on Adobe because Wall Street’s bullishness on the stock and its strong growth potential are offset by its rich valuation multiples. The company is headquartered in San Jose, California. ( ADBE) specializes in developing and commercializing software related to computer documents, photography, graphics, animations, illustrations, multimedia and video, and print. Adobe: Great Business, Rich Valuation MultiplesĪs a multinational software company, Adobe Inc. ![]()
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