Adobe Systems Incorporated (ADBE) Shares are Down -0.45%

On a relative basis, the stock has outperformed the S&P 500 by 0.65% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -1.39% and the stock has fallen -0.45% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.32% and the 50-Day Moving Average is 0.5%.The 200 Day SMA reached 5.63% Adobe Systems Incorporated is up 3.5% in the last 3-month period. Year-to-Date the stock performance stands at 5.31%.


Adobe Systems Incorporated (ADBE) stock is expected to deviate a maximum of $9.04 from the average target price of $111.85 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $125 and the most muted being $97.

For the current week, the company shares have a recommendation consensus of Buy. Adobe Systems Incorporated (NASDAQ:ADBE): stock was range-bound between the intraday low of $98.32 and the intraday high of $99.67 after having opened at $99.26 on Fridays session. The stock finally closed in the red at $99.26, a loss of -0.69%. The stock remained in the red for the whole trading day. The total traded volume was 3,700,615 shares. The stock failed to cross $99.67 in Fridays trading. The stocks closing price on Thursday was $98.93.

Adobe Systems Incorporated (Adobe) is a software company. The Company offers products and services for professionals, marketers, application developers, enterprises and consumers for creating, managing, delivering, optimizing and engaging with content. Adobe markets and licenses its products and services through app stores and its Website The Companys operates in three segments: Digital Marketing, Digital Media, and Print and Publishing. In Digital Media, the Company is engaged in providing tools, services and solutions that enable to create, publish and promote their content. In Digital Marketing, the Company is engaged in providing solutions and services for creating, managing, executing, measuring and optimizing digital advertising and marketing campaigns. Adobes Print and Publishing segment addresses various market opportunities, including eLearning solutions, technical document publishing, Web application development and high-end printing.

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