Forecast Of The Day: Adobe’s Digital Media Revenues

+37.37%
Upside
388
Market
533
Trefis
ADBE: Adobe logo
ADBE
Adobe

What?

Trefis expects Adobe’s (NASDAQ:ADBE) Digital Media Revenue to rise from around $9 billion in 2020 to $11 billion in 2021 and over $13 billion in 2022.

Why?

Relevant Articles
  1. Adobe Stock To Beat The Street Expectations In Q2?
  2. Is Adobe Stock Attractive At Current Levels?
  3. Forecast of The Day: Adobe’s Digital Media Revenue
  4. Will Shutterstock’s Stock Continue Its Downward Trend?
  5. Company Of The Day: Adobe
  6. Forecast Of The Day: Adobe’s Digital Experience Revenue

We expect Adobe to continue to expand sales of its industry-leading products such as Photoshop and Illustrator. The company will also benefit from an increasing pivot to cloud-based offerings.

So What?

The Digital Media business accounts for over 70% of Adobe’s revenues. If DM sales pick up further, we could see Adobe stock – which has been a relative underperformer over the last year – also rally.

See Our Complete Analysis For Adobe

Looking for a balanced portfolio to invest in? Here’s a high-quality portfolio to beat the market, with over 150% return since 2016, versus 85% for the S&P 500. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently.

See all Trefis Price Estimates and Download Trefis Data here

What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams