Adobe Systems Inc. (NASDAQ: ADBE) is set to report earnings on Monday and Wall Street and Silicon Valley will be watching closely. Shares are within about 5% of their recent highs, but the stock itself is still up about 20% just over the last 90-day period.
Thomson Reuters has estimates of $0.57 EPS and $1.05 billion in revenues; next quarter estimates are $0.60 EPS and $1.1 billion in revenues. Thomson Reuters has a consensus price target of $32.32, which is currently under the current share price. With the price targets on average being lower than the share price it is almost certain that for everyone to remain happy that Adobe has to do a “beat and raise estimates” earnings report.
Shares are currently around $33.75 and the 52-week trading range is $22.67 to $35.99.
JON C. OGG
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.