What's the Big Thing Musk, Bezos and Tim Cook All Have in Common?

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Adobe Inc
NASDAQ:ADBE
$567.82
Open 560 Prev Close 567.71
High 570.14 Low 560.00
Volume 3,069,942 Volume (Avg) 3,491,438
52 Week High 536.88 52 Week Low 287.78
Market Cap 211.2B PE Ratio 48.89

General

NameAdobe Inc
TickerADBE
ExchangeNASDAQ
SectorTechnology
IndustrySoftware-Infrastructure
CurrencyUSD
CountryUSA
Fiscal Year EndNovember
Full Time Employees22,516

About Adobe Inc

Adobe Inc. operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, teams, and enterprises to create, publish, promote, and monetize their digital content. Its flagship product is Creative Cloud, a subscription service that allows customer to download and access the latest versions of its creative products. This segment serves content creators, experience designers, app developers, enthusiasts, students, social media users, and creative professionals; and marketing departments and agencies, companies, and publishers. The company's Digital Experience segment offers products, services, and solutions for creating, managing, executing, measuring, monetizing, and optimizing customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, marketing executives, information management and technology executives, product development executives, and sales and support executives. Its Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and OEMs. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. The company was founded in 1982 and is headquartered in San Jose, California.

Highlights

Analyst Target566.05
Market Cap211,229,392,896
PE Ratio48.89
PEG Ratio2.24
EBITDA4,808,000,000

Valuation

Trailing PE40.69
Forward PE40.16
Price/Sales (Trailing 12 Mt.)17.00
Price/Book (Most Recent Quarter)16.30

Technicals

Beta0.96
52 Week High536.88
52 Week Low287.78
50 Day Average467.94
200 Day Average478.62

Earnings

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