Why Are We Revising Our Stock Price Estimate Of Adobe From $87 To $104?
We have revised stock price estimate for Adobe (NASDAQ:ADBE) from $87.17 to $104.30. We recently published an article that looked at reasons for the 30% increase in Adobe’s stock price in the last five months. Our revised stock price estimate is 6% above the current stock price. The primary changes to our model as follows:
Have more questions about Adobe? See the links below.
- How Has Adobe’s Revenue Composition Changed Over The Last 5 Years?
- What Percentage of Adobe’s Stock Price Can Be Attributed To Growth?
- Why Has Adobe’s Stock Price Increased By Over 30% In The Last Five Months?
- Down 14% In The Last Trading Session, Where Is Adobe Stock Headed?
- Down 8% YTD, What To Expect From Adobe Stock In Q1?
- Up 77% Last Year, What To Expect From Adobe Stock?
- Adobe Stock Is Trading Below Its Fair Value
- Adobe Stock Outperformed The Street Expectations In Q2
- Adobe Stock Topped The Consensus In Q1, What’s Next?
Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Adobe
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