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Adobe Systems Trading forecasts and signals

Total signals – 18

Active signals for Adobe Systems

Total signals – 3
Showing 1-3 of 3 items.
TraderPrecision for symbol, %Opening quoteTargetCreation dateForecast closure dateS/L and сommentPrice
TorForex100.0665.00
670.00
14.09.202123.12.2021
TorForex100.0660.00
665.00
14.09.202118.11.2021
TorForex100.0655.00
660.00
14.09.202121.10.2021
 
 

Adobe Systems rate traders

Total number of traders – 3
TorForex
Symbols: 65
Lukoil, Novatek, Polyus, Rosneft, Sberbank (MOEX), AUD/USD, EUR/USD, GBP/USD, USD/CAD, USD/CHF, USD/JPY, USD/RUB, NZD/USD, Stellar/USD, Cardano/USD, BitcoinCash/USD, Litecoin/USD, Tron/USD, Ethereum/USD, Bitcoin/USD, XRP/USD, Brent Crude Oil, Gold, Snap, Alphabet, Alibaba, Visa, Hewlett-Packard, Home Depot, Adobe Systems, MasterCard, Starbucks, Nike, Uber Technologies, Apple, American Express, JPMorgan Chase, Microsoft, Netflix, IBM, Procter & Gamble, Pinterest, Coca-Cola, nVidia, Cisco Systems, Facebook, Twitter, SAP, Caterpillar, Toyota Motor, Bank of America, Salesforce, eBay, General Electrics, Intel, Ford Motor, Walt Disney, Exxon Mobil, PetroChina, UnitedHealth Group, Amazon, Oracle, Tesla Motors, Boeing, Polkadot
Trend
accuracy
69%
  • Lukoil 100%
  • Novatek 100%
  • Polyus 100%
  • Rosneft 100%
  • Sberbank (MOEX) 100%
  • AUD/USD 69%
  • EUR/USD 65%
  • GBP/USD 64%
  • USD/CAD 69%
  • USD/CHF 59%
  • USD/JPY 71%
  • USD/RUB 68%
  • NZD/USD 65%
  • Stellar/USD 75%
  • Cardano/USD 78%
  • BitcoinCash/USD 75%
  • Litecoin/USD 72%
  • Tron/USD 67%
  • Ethereum/USD 78%
  • Bitcoin/USD 76%
  • XRP/USD 69%
  • Brent Crude Oil 72%
  • Gold 68%
  • Snap 100%
  • Alphabet 100%
  • Alibaba 0%
  • Visa 50%
  • Hewlett-Packard 0%
  • Home Depot 75%
  • Adobe Systems 100%
  • MasterCard 100%
  • Starbucks 0%
  • Nike 80%
  • Uber Technologies 100%
  • Apple 80%
  • American Express 100%
  • JPMorgan Chase 100%
  • Microsoft 100%
  • Netflix 67%
  • IBM 100%
  • Procter & Gamble 0%
  • Pinterest 0%
  • Coca-Cola 100%
  • nVidia 0%
  • Cisco Systems 0%
  • Facebook 100%
  • Twitter 100%
  • SAP 100%
  • Caterpillar 0%
  • Toyota Motor 25%
  • Bank of America 100%
  • Salesforce 50%
  • eBay 0%
  • General Electrics 0%
  • Intel 50%
  • Ford Motor 100%
  • Walt Disney 0%
  • Exxon Mobil 100%
  • PetroChina 0%
  • UnitedHealth Group 50%
  • Amazon 80%
  • Oracle 75%
  • Tesla Motors 75%
  • Boeing 100%
  • Polkadot 83%
Price
accuracy
68%
  • Lukoil 100%
  • Novatek 100%
  • Polyus 27%
  • Rosneft 100%
  • Sberbank (MOEX) 100%
  • AUD/USD 68%
  • EUR/USD 62%
  • GBP/USD 64%
  • USD/CAD 68%
  • USD/CHF 57%
  • USD/JPY 69%
  • USD/RUB 66%
  • NZD/USD 64%
  • Stellar/USD 75%
  • Cardano/USD 78%
  • BitcoinCash/USD 75%
  • Litecoin/USD 68%
  • Tron/USD 67%
  • Ethereum/USD 78%
  • Bitcoin/USD 76%
  • XRP/USD 68%
  • Brent Crude Oil 72%
  • Gold 67%
  • Snap 100%
  • Alphabet 100%
  • Alibaba 0%
  • Visa 50%
  • Hewlett-Packard 0%
  • Home Depot 75%
  • Adobe Systems 100%
  • MasterCard 100%
  • Starbucks 0%
  • Nike 66%
  • Uber Technologies 100%
  • Apple 61%
  • American Express 100%
  • JPMorgan Chase 100%
  • Microsoft 89%
  • Netflix 67%
  • IBM 100%
  • Procter & Gamble 0%
  • Pinterest 0%
  • Coca-Cola 51%
  • nVidia 0%
  • Cisco Systems 0%
  • Facebook 100%
  • Twitter 100%
  • SAP 100%
  • Caterpillar 0%
  • Toyota Motor 25%
  • Bank of America 78%
  • Salesforce 50%
  • eBay 0%
  • General Electrics 0%
  • Intel 50%
  • Ford Motor 100%
  • Walt Disney 0%
  • Exxon Mobil 100%
  • PetroChina 0%
  • UnitedHealth Group 50%
  • Amazon 80%
  • Oracle 75%
  • Tesla Motors 54%
  • Boeing 100%
  • Polkadot 83%
Profitableness,
pips/day
119
  • Lukoil 10
  • Novatek 4
  • Polyus 11
  • Rosneft 9
  • Sberbank (MOEX) 4
  • AUD/USD 1
  • EUR/USD 1
  • GBP/USD -4
  • USD/CAD 0
  • USD/CHF -4
  • USD/JPY 4
  • USD/RUB 1
  • NZD/USD 1
  • Stellar/USD -88
  • Cardano/USD -79
  • BitcoinCash/USD -3
  • Litecoin/USD 29
  • Tron/USD -20
  • Ethereum/USD 155
  • Bitcoin/USD 114
  • XRP/USD 38
  • Brent Crude Oil -1
  • Gold -1
  • Snap 71
  • Alphabet 200
  • Alibaba -9
  • Visa -3
  • Hewlett-Packard -2
  • Home Depot 6
  • Adobe Systems 46
  • MasterCard 255
  • Starbucks -42
  • Nike 27
  • Uber Technologies 100
  • Apple -1
  • American Express 100
  • JPMorgan Chase 63
  • Microsoft 8
  • Netflix -1
  • IBM 38
  • Procter & Gamble -31
  • Pinterest -37
  • Coca-Cola 11
  • nVidia -1
  • Cisco Systems -23
  • Facebook 45
  • Twitter 50
  • SAP 45
  • Caterpillar -41
  • Toyota Motor -34
  • Bank of America 10
  • Salesforce 20
  • eBay -15
  • General Electrics -15
  • Intel 3
  • Ford Motor 11
  • Walt Disney -95
  • Exxon Mobil 18
  • PetroChina -30
  • UnitedHealth Group -116
  • Amazon -6
  • Oracle 14
  • Tesla Motors -10
  • Boeing 10
  • Polkadot -200
More
Shooter
Symbols: 32
Nornikel, Magnit, Rosneft, Rostelekom, AFK Sistema, Enel Rossiya, Cardano/USD, BitcoinCash/USD, Ethereum/USD, QTUM/USD, XRP/USD, S&P 500, Brent Crude Oil, WTI Crude Oil, Alibaba, Activision Blizzard, Home Depot, Adobe Systems, Apple, Verizon, Johnson&Johnson, Netflix, Pinterest, Twitter, Daimler, General Electrics, Intel, Amazon, LYFT, Oracle, Spotify, Boeing
Trend
accuracy
77%
  • Nornikel 100%
  • Magnit 50%
  • Rosneft 100%
  • Rostelekom 0%
  • AFK Sistema 60%
  • Enel Rossiya 0%
  • Cardano/USD 100%
  • BitcoinCash/USD 0%
  • Ethereum/USD 100%
  • QTUM/USD 100%
  • XRP/USD 67%
  • S&P 500 100%
  • Brent Crude Oil 100%
  • WTI Crude Oil 100%
  • Alibaba 100%
  • Activision Blizzard 100%
  • Home Depot 0%
  • Adobe Systems 67%
  • Apple 75%
  • Verizon 50%
  • Johnson&Johnson 50%
  • Netflix 100%
  • Pinterest 0%
  • Twitter 100%
  • Daimler 100%
  • General Electrics 100%
  • Intel 100%
  • Amazon 0%
  • LYFT 100%
  • Oracle 100%
  • Spotify 67%
  • Boeing 100%
Price
accuracy
67%
  • Nornikel 63%
  • Magnit 35%
  • Rosneft 100%
  • Rostelekom 0%
  • AFK Sistema 41%
  • Enel Rossiya 0%
  • Cardano/USD 45%
  • BitcoinCash/USD 0%
  • Ethereum/USD 100%
  • QTUM/USD 100%
  • XRP/USD 67%
  • S&P 500 100%
  • Brent Crude Oil 64%
  • WTI Crude Oil 14%
  • Alibaba 100%
  • Activision Blizzard 100%
  • Home Depot 0%
  • Adobe Systems 67%
  • Apple 69%
  • Verizon 50%
  • Johnson&Johnson 50%
  • Netflix 43%
  • Pinterest 0%
  • Twitter 100%
  • Daimler 100%
  • General Electrics 69%
  • Intel 30%
  • Amazon 0%
  • LYFT 71%
  • Oracle 100%
  • Spotify 67%
  • Boeing 11%
Profitableness,
pips/day
34
  • Nornikel 142
  • Magnit 1
  • Rosneft 65
  • Rostelekom -3
  • AFK Sistema 3
  • Enel Rossiya 0
  • Cardano/USD 13
  • BitcoinCash/USD -2
  • Ethereum/USD 34
  • QTUM/USD 2000
  • XRP/USD 35
  • S&P 500 15
  • Brent Crude Oil 41
  • WTI Crude Oil 25
  • Alibaba 11
  • Activision Blizzard 160
  • Home Depot -14
  • Adobe Systems 10
  • Apple 8
  • Verizon 0
  • Johnson&Johnson -41
  • Netflix 17
  • Pinterest -4
  • Twitter 17
  • Daimler 17
  • General Electrics 4
  • Intel 9
  • Amazon -10
  • LYFT 29
  • Oracle 55
  • Spotify -128
  • Boeing 6
More
Peters
Symbols: 65
AFK Sistema, AUD/USD, EUR/RUB, EUR/USD, GBP/USD, USD/CAD, USD/CHF, USD/JPY, USD/RUB, CAD/CHF, EUR/AUD, EUR/NZD, EUR/GBP, USD/DKK, CAD/JPY, USD/NOK, EUR/CHF, GBP/AUD, GBP/NZD, USD/SEK, AUD/NZD, GBP/CHF, NZD/CHF, AUD/CHF, EUR/JPY, CHF/JPY, EUR/CAD, GBP/JPY, NZD/JPY, AUD/JPY, NZD/USD, GBP/CAD, NZD/CAD, AUD/CAD, Dash/Bitcoin, BitcoinCash/USD, Litecoin/USD, Ethereum/USD, Bitcoin/USD, XRP/USD, Silver, Gold, Alphabet, Hewlett-Packard, Adobe Systems, Starbucks, Nike, Apple, American Express, JPMorgan Chase, Microsoft, McDonald's, Netflix, IBM, Procter & Gamble, Coca-Cola, Pfizer, Twitter, Bank of America, Goldman Sachs Group, General Electrics, Amazon, Oracle, Tesla Motors, PepsiCo
Trend
accuracy
60%
  • AFK Sistema 50%
  • AUD/USD 61%
  • EUR/RUB 80%
  • EUR/USD 53%
  • GBP/USD 61%
  • USD/CAD 55%
  • USD/CHF 54%
  • USD/JPY 53%
  • USD/RUB 0%
  • CAD/CHF 52%
  • EUR/AUD 55%
  • EUR/NZD 72%
  • EUR/GBP 62%
  • USD/DKK 60%
  • CAD/JPY 48%
  • USD/NOK 46%
  • EUR/CHF 58%
  • GBP/AUD 61%
  • GBP/NZD 77%
  • USD/SEK 53%
  • AUD/NZD 59%
  • GBP/CHF 56%
  • NZD/CHF 46%
  • AUD/CHF 53%
  • EUR/JPY 57%
  • CHF/JPY 64%
  • EUR/CAD 59%
  • GBP/JPY 67%
  • NZD/JPY 59%
  • AUD/JPY 60%
  • NZD/USD 49%
  • GBP/CAD 60%
  • NZD/CAD 61%
  • AUD/CAD 57%
  • Dash/Bitcoin 0%
  • BitcoinCash/USD 66%
  • Litecoin/USD 64%
  • Ethereum/USD 63%
  • Bitcoin/USD 72%
  • XRP/USD 60%
  • Silver 59%
  • Gold 61%
  • Alphabet 67%
  • Hewlett-Packard 0%
  • Adobe Systems 50%
  • Starbucks 67%
  • Nike 100%
  • Apple 44%
  • American Express 70%
  • JPMorgan Chase 50%
  • Microsoft 83%
  • McDonald's 50%
  • Netflix 38%
  • IBM 67%
  • Procter & Gamble 100%
  • Coca-Cola 50%
  • Pfizer 100%
  • Twitter 86%
  • Bank of America 33%
  • Goldman Sachs Group 57%
  • General Electrics 60%
  • Amazon 20%
  • Oracle 50%
  • Tesla Motors 43%
  • PepsiCo 80%
Price
accuracy
55%
  • AFK Sistema 50%
  • AUD/USD 54%
  • EUR/RUB 80%
  • EUR/USD 47%
  • GBP/USD 58%
  • USD/CAD 54%
  • USD/CHF 46%
  • USD/JPY 48%
  • USD/RUB 0%
  • CAD/CHF 42%
  • EUR/AUD 53%
  • EUR/NZD 71%
  • EUR/GBP 58%
  • USD/DKK 50%
  • CAD/JPY 40%
  • USD/NOK 36%
  • EUR/CHF 47%
  • GBP/AUD 59%
  • GBP/NZD 77%
  • USD/SEK 46%
  • AUD/NZD 56%
  • GBP/CHF 50%
  • NZD/CHF 35%
  • AUD/CHF 43%
  • EUR/JPY 55%
  • CHF/JPY 59%
  • EUR/CAD 56%
  • GBP/JPY 63%
  • NZD/JPY 55%
  • AUD/JPY 56%
  • NZD/USD 47%
  • GBP/CAD 59%
  • NZD/CAD 56%
  • AUD/CAD 44%
  • Dash/Bitcoin 0%
  • BitcoinCash/USD 63%
  • Litecoin/USD 60%
  • Ethereum/USD 61%
  • Bitcoin/USD 67%
  • XRP/USD 57%
  • Silver 58%
  • Gold 59%
  • Alphabet 41%
  • Hewlett-Packard 0%
  • Adobe Systems 50%
  • Starbucks 67%
  • Nike 58%
  • Apple 18%
  • American Express 52%
  • JPMorgan Chase 36%
  • Microsoft 64%
  • McDonald's 34%
  • Netflix 26%
  • IBM 45%
  • Procter & Gamble 22%
  • Coca-Cola 34%
  • Pfizer 26%
  • Twitter 81%
  • Bank of America 33%
  • Goldman Sachs Group 44%
  • General Electrics 22%
  • Amazon 20%
  • Oracle 50%
  • Tesla Motors 43%
  • PepsiCo 55%
Profitableness,
pips/day
42
  • AFK Sistema -13
  • AUD/USD -1
  • EUR/RUB 12
  • EUR/USD -5
  • GBP/USD -4
  • USD/CAD -4
  • USD/CHF 0
  • USD/JPY 1
  • USD/RUB -20
  • CAD/CHF -1
  • EUR/AUD -4
  • EUR/NZD 8
  • EUR/GBP 4
  • USD/DKK 10
  • CAD/JPY -3
  • USD/NOK -51
  • EUR/CHF 1
  • GBP/AUD -2
  • GBP/NZD 11
  • USD/SEK -35
  • AUD/NZD 1
  • GBP/CHF -4
  • NZD/CHF -3
  • AUD/CHF 1
  • EUR/JPY 4
  • CHF/JPY 3
  • EUR/CAD -8
  • GBP/JPY 5
  • NZD/JPY 1
  • AUD/JPY 1
  • NZD/USD -1
  • GBP/CAD -1
  • NZD/CAD 4
  • AUD/CAD -3
  • Dash/Bitcoin -6
  • BitcoinCash/USD -29
  • Litecoin/USD 55
  • Ethereum/USD 33
  • Bitcoin/USD 4
  • XRP/USD 26
  • Silver -1
  • Gold -1
  • Alphabet 28
  • Hewlett-Packard -18
  • Adobe Systems 3
  • Starbucks -21
  • Nike 45
  • Apple -3
  • American Express 35
  • JPMorgan Chase 17
  • Microsoft 7
  • McDonald's 0
  • Netflix -14
  • IBM 13
  • Procter & Gamble 25
  • Coca-Cola 9
  • Pfizer 14
  • Twitter 70
  • Bank of America -3
  • Goldman Sachs Group 17
  • General Electrics 6
  • Amazon 1
  • Oracle 23
  • Tesla Motors -56
  • PepsiCo 28
More

Completed signals of Adobe Systems

Total signals – 15
Showing 1-15 of 15 items.
TraderDate and time createdForecast closure dateClosing quoteS/LCommentsTrend accuracy in %Price accuracy in %Profitability points
TorForex14.09.202115.09.2021655.000.00100100.050
Peters09.08.202113.08.2021636.92620.27100100.083
TorForex20.07.202122.07.2021620.000.00100100.050
TorForex20.07.202122.07.2021615.000.00100100.050
TorForex20.07.202120.07.2021610.000.00100100.050
TorForex20.07.202120.07.2021605.000.00100100.030
Peters27.04.202103.05.2021506.71506.7100.0-86
Peters15.04.202120.04.2021514.01503.4300.0-110
Peters18.03.202123.03.2021460.95428.51100100.0162
Shooter21.12.202029.12.2020501.99495.0000.0-30
Shooter21.12.202022.12.2020505.00495.00100100.050
Shooter21.12.202021.12.2020500.00485.00100100.050
Prince20.07.202006.08.2020460.20460.0000.0-283
SKB11.05.202006.06.2020380.000.00100100.0118
CobraTG31.01.202031.03.2020345.000.00100100.0117

 

Not activated price forecasts Adobe Systems

Total signals – 4
Showing 1-4 of 4 items.
TraderSymbolOpen dateClose dateOpen price
PetersAdobe Systems08.07.202114.07.202160.10
PetersAdobe Systems28.06.202101.07.2021570.39
PetersAdobe Systems12.04.202115.04.2021492.39
ShooterAdobe Systems21.12.202030.12.2020510.00

 

US market: review and forecast for September 21. The moderate decline continues
US market: review and forecast for September 21. The moderate decline continues The market on the eveAt the auction on September 17, American stock markets showed negative dynamics. The S&P 500 index fell by 0.91%, to 4432 points. The Dow Jones adjusted by 0.48%, and the Nasdaq fell by 0.91%. Healthcare companies showed a slight increase (+0.07), and the cyclical consumer goods sector registered the smallest drop (-0.38%). The outsiders were utility companies (-1.59%) and the materials sector (-2.06%).Company newsMedical technology company Thermo Fisher Scientific (TMO: +6.5%) raised revenue expectations for 2022 amid an increase in testing for COVID-19.The quotes of the investment management company Invesco (IVZ: +5.5%) rose on the news of a possible merger with State Street Corp.Shares of steel producer Cleveland-Cliffs (CLF: -5.2%) continued to decline ahead of the quarterly report, which investors are pessimistic about.ExpectationsAccording to the expectations of the investment community, at the upcoming FOMC meeting on Wednesday, Fed officials will more clearly outline plans for the timing of the beginning of the curtailment of QE. A little earlier, the regulator already indicated that the intermediate target for inflation has already been reached, and employment indicators continue to recover. Market players believe that the official rate cut will be announced in November, and this issue will be actively discussed at the September meeting.There has also been a sharp increase in energy prices recently: natural gas futures in the United States this month have risen by at least 17% and about twice as much as in March. A steady rise in prices will be felt in all industries and households, raising fears that increased material costs will persist and put pressure on consumption and production. The cost of gas is spurred by several factors at once. In the United States, this is the suspension of drilling operations and adverse weather conditions, and in Europe — the depletion of reserves, which led to increased demand for energy carriers and a lack of generating capacity in the wind energy sector.Against the background of the absence of obvious drivers for the growth of the broad market index, we expect today a neutral negative dynamics of the S&P 500, which corresponds to the trend of last week.Asian stock markets showed mixed dynamics. Hong Kong's Hang Seng fell by 3.30%, China's CSI 300 increased by 1%, Japan's Nikkei 225 added 0.58%. EuroStoxx 50 loses 2.24%.The risk appetite is moderate. The yield of 10-year treasuries is reduced to 1.34%. Brent crude futures are trading at $74 per barrel. Gold rises to $1,754 per troy ounce.In our opinion, the S&P 500 will hold the upcoming session in the range of 4380-4450 points.MacrostatisticsThe publication of significant macrostatistics is not planned for today.Technical pictureThe S&P 500 broad market index continued to decline for the second week in a row, reaching just above 4430 points. 4370 points still serves as an important reversal level, the breakdown of which can be the beginning of a movement to the next support level in the area of 4230 points. Nevertheless, the trajectory of the movement can still return to the range of the uptrend, the upper limit of which reaches the level of 4600 points.In the field of viewOn September 21, the world's largest developer of software for creating digital content, Adobe (ADBE), will present its financial results for the third quarter. According to Factset's forecast, by the end of the third quarter, revenue will grow by 20.6% to $3.84 billion, non-GAAP EPS - by 17.1% to $3.01. We expect that the company can exceed market expectations for sales growth due to the continued strong momentum of demand for cloud solutions, as well as against the background of positive dynamics in the segment of online advertising and online marketing. In our opinion, thanks to Adobe's exceptional position in the digital content creation software segment, the company will maintain stable double-digit sales dynamics in the medium term.The focus of market participants will be on the company's operating margin: previously, management predicted an increase in investments in R&D, sales and marketing. We also expect details of the issuer's development in the relatively new 3D and AR niches. In addition, in all likelihood, the management will present the details of the development of Workfront within the company.On September 23, investors are looking forward to the Nike (NYSE: NKE) earnings report. The footwear and clothing giant showed impressive growth in the previous quarter, and since then, comments from competitors such as Lululemon Athletica and Foot Locker have only increased enthusiasm in the industry.In particular, the sports brand Lululemon recently reported an unexpected acceleration in growth at the beginning of the summer, and Foot Locker said that there is no slowdown in demand for sneakers and clothing yet. Nike also recently increased marketing spending to $1 billion thanks to the resumption of live sports broadcasts. All these factors help explain why most investors expect new record sales from Nike this week. It is already known that revenue growth reached $12.5 billion compared to $10.6 billion a year ago.The main threat to this positive outlook, in addition to the economic downturn, is problems with stocks and supply chains. Nike will have to compete with other retailers who are looking for logistics capacity to fill their distribution network ahead of the holiday ...
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Adobe shares forecast for July and August 2021
Adobe shares forecast for July and August 2021 Adobe quotes continue to move within the framework of strong growth and a bullish channel. Moving averages indicate the presence of a short-term bullish trend for ADBE. Prices have broken up the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the price of Adobe shares is 605.19. Within the framework of the forecast of the ADBE share price, we should expect an attempt to develop a correction and a test of the support level near the area of 550.55. Next, a rebound up and a continuation of the rise in the value of securities. The potential target of such a movement is the area above the level of 700.00.An additional signal in favor of the rise of ADBE quotes will be a test of the trend line on the relative strength indicator (RSI), as we can see, now the values are testing the resistance line, there are chances to go into correction. The second signal will be a rebound from the lower border of the bullish channel. The cancellation of the option for the growth of the Adobe stock price quotes will be a fall and a breakdown of the 525.05 level. This will indicate a breakdown of the support area, as well as the lower border of the channel and the continuation of the fall to the area at the level of 485.05. We should expect an acceleration of the stock's rise with a breakdown of the resistance area and a close above the level of 625.05.Adobe shares forecast for July and August 2021Thus, the Adobe Stock forecast for July and August 2021 suggests the development of a correction and a test of the support area near the level of 550.55. From where we should expect a rebound and an attempt to continue the rise of the stock to the area above the level of 700.00. The trend line test on the relative strength indicator will be in favor of the growth of securities. The cancellation of the ADBE rise option will be a fall and a breakdown of the 525.05 level. This will indicate a breakdown of support and a continuation of the fall in the value to the area below the level of 485.05. As you can see, the technical analysis of Adobe shares indicates a high probability of a correction from the current levels, but conservative purchases can be considered from the lower border of the ...
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Analysis - Investing in Adobe
Analysis - Investing in Adobe For several decades, Adobe remained an important player in the software market. If you need to edit an image, develop a mobile app, create graphics for social networks, or add effects to a video, then you need the products of this company.Over the past 5 years, Adobe's stock has seen explosive growth, overtaking Facebook, Amazon, and Zacks Technology. However, since September 2020, the paper has held at a strong level, which for a long time could not break through, and only now there has been a shift.ADBE is one of the first major companies to report earnings for the second quarter of 2021. Let's see how the software developer completes the first quarter and whether this document deserves the attention of investors.The company has created a number of tools that are very popular among designers, creatives, and anyone who needs to process text, video, and images.Adobe went public in the mid-1980s. Having created a number of important programs, the software developer became popular, but the transition to the SaaS subscription system helped him win the global market.The company's subscription-based business model allows it to grow steadily, and cloud computing software is actively used by various businesses, schools, design studios, etc.Adobe has three cloud computing divisions. The biggest Creative Cloud is software for creative professionals, such as Photoshop and Illustrator. Adobe has expanded its business to include services such as electronic signature, marketing, and others. This is done by the Document Cloud division: Acrobat and e-signature offerings. In December 2020, the company completed the purchase of Workfront, a leading platform for marketers.The third cloud department, Experience Cloud (marketing programs and services), is responsible for this segment. Business diversification and unique solutions help the issuer to maintain a strong position in the SaaS market, which is full of similar offers. The emphasis on signature and unique software makes the company an attractive investment target.The company's return on equity is an incredible 300%. Bottom line: For every dollar spent on running this business, the issuer gets almost $3 in operating profit.Financial aspectAccording to the reports, in 2020, the company's revenue increased by 15% compared to the same period last year, and sales - by 26%. The largest number of sales was received in the Creative Cloud, Document Cloud, and Experience Cloud industries.Adobe Creative Cloud revenue rose 31% to $2.4 billion in the first quarter. The figure itself is impressive, and it also shows that the company's growth accelerated by 22%.Earnings growth in the first quarter ended March 5 forced the company to raise its annual targets for 2021. Earnings per share for the period increased by 38%, with the indicator growing for the second quarter in a row. In the three quarters, revenue grew 14% and sales grew 26%.In the first quarter of 2021, cash flow is also expected to increase by 39% to $1.71 billion, which will be more active growth than sales growth. This pace is expected to continue until the end of 2021.Read more: EPS: about Earnings per Share with examples in simple wordsBuy or sell paper?Adobe According to Zacks, second-quarter sales are expected to grow 19% and adjusted earnings are expected to grow 15%.This dynamic allows the company's shares to grow in price. The upward trend will be supported by a resurgence in both the US and the global economy.Adobe has coped well with the pandemic thanks to the increased demand for digital technologies. However, it would be a mistake to assume that the growth of the issuer's shares over the past 12 months is only related to the pandemic. It would be more accurate to say that the pandemic accelerated the already excellent growth rate of this company. It is clear that Adobe has become an important component of the global software market, and this will not change after the defeat of the coronavirus.While the start to the fiscal year is impressive, the stock has been in this range for a long time and is only now showing a shift in the market.At the same time, the company can not be called overpriced, and the long apartment was rather a small respite before a new growth cycle.The shares of the software manufacturer look very attractive. Like other companies in the industry, Adobe can expand its business. After spending on the development and implementation of the software, the revenue from its use is directed to the net profit, as well as to further development.We have already written that the newspaper has reached a strong level, which it has repeatedly tried to break through since September 2020. And only in June 2021, it was possible. After another assault on the level of $520, the price first rolled back to the level of $470, which this time was used as a springboard for growth. Adobe shares successfully broke through the $520 level and quickly rose to the $540 level. After breaking through the strong resistance zone, we expect the price to move up to the $600 ...
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