Adobe Systems Inc

Technology
$500.50
-46.55(8.51%) 1D
1D
1W
1M
1Y
3Y
5Y

Performance

Open PricePrev. CloseVolumeAvg. Volume
$547.05$547.056,580,6152,692,562

Fundamentals

Market Cap$241.96B
P/B Ratio16.6
P/E Ratio45.1
Enterprise Value$240.85B
Div. Yield0.00%
Book Value34.60
EPS(TTM)3.07
ROENA
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About the Company

Adobe Inc. is a software development company that was incorporated in Delaware, America. It is now headquartered in San Jose, California and has become a leading brand for innovative software development all around the world. In addition to its headquarters where 40% of its employees work, it has vital development operations running across the United States in New York City, Utah, Minneapolis, Newton, San Francisco and Seattle alongside two Indian cities, Noida and Bangalore. The company aids students, small companies, artists, enterprises, and government agencies to conceptualise, design and deliver the best products. Standing in 2020, it employs more than 22,600 professionals across its branches. Some of the most popular Adobe software include the likes of Photoshop, Illustrator, and Lightroom for photographers, graphic designers, etc. who want to create and edit images. Moviemakers around the world depend heavily on the Adobe Premiere Pro and After Effects. A flagship product from Adobe, the Creative Cloud lets people access their latest range of software on a subscription basis. Adobe works towards easing the process of creating innovative and artistic marvels for people from every sector. Its primary aim is to create a system with a digitalised workforce and optimised productivity. It brings tomorrow’s technology to its customers, ensuring that they are ahead of their competitors and create lasting impressions. Its vast clientele has helped Adobe hold its position as one of Fortune’s Top 100 companies for almost 20 years as of 2020. It featured in the list of LinkedIn’s Top 100 Most InDemand companies in 2014 and became World’s second Most Admired Computer Software company according to Fortune the same year. Adobe started its journey from John Warnock’s garage and got incorporated in 1982. The same year Apple tried to purchase it for $5 million seeing its prosperous future but was refused by Warnock and Geschke.;
OrganisationAdobe Systems Inc
IndustrySoftware—Infrastructure
HeadQuartersSan Jose, CA

Company Financials

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