|Company name||Adobe Systems Incorporated|
|Live stock price||[stckqut]ADBE[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$373.6|
|Target stock price (averages with growth)||$534.15|
|Target stock price (averages with no growth)||$362.83|
|Target stock price (manual assumptions)||$371.74|
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/adbe
Adobe Systems Incorporated, incorporated on May 9, 1997, is a software company. The Company offers a line of products and services used by professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences across multiple operating systems, devices and media. The Company operates through three segments: Digital Media, Digital Marketing, and Print and Publishing. The Company markets and licenses its products and services directly to enterprise customers through its sales force and to end users through application stores and its own Website at www.adobe.com. It offers various products through a software-as-a-service (SaaS) model or a managed services model (both of which are referred to as a hosted or cloud-based model), as well as through term subscription and pay-per-use models.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Adobe Systems Incorporated as long as the indicators that I describe in my book The Confident Investor are favorable.
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