Adobe (ADBE) stock forecast for 2024

The forecast has been updated: December 5, 2023 12:46


Adobe stock price online today

Analyst Target Price

607.35

Dividend Date

-

Ex Dividend Date

24.03.2005

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Adobe stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? Adobe stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $607.35 target price for Adobe stock stock.

Today 200 Day Moving Average is the support level (416.9 $).

50 Day Moving Average is the support level (531.13 $).




ADBE Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 581.09 540.30 608.28 11.18 %
Feb 558.43 516.32 607.79 15.05 %
Mar 564.23 526.83 579.64 9.11 %
Apr 493.08 444.37 514.88 13.69 %
May 487.96 457.51 534.90 14.47 %
Jun 458.78 412.26 491.58 16.14 %
Jul 504.70 454.18 532.91 14.77 %
Aug 527.01 476.99 568.80 16.14 %
Sep 516.73 475.75 558.38 14.80 %
Oct 536.21 494.39 578.73 14.57 %
Nov 483.93 447.44 505.32 11.45 %
Dec 436.12 418.54 455.96 8.21 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Adobe stock.


Adobe overview

Adobe Address

345 PARK AVE, SAN JOSE, CA, US

Market Capitalization

233 779 839 000 $

EBITDA

7 039 000 000

PE Ratio

47.98

PEG Ratio

1.481

Dividend Per Share

0

Dividend Yield

0

EPS

10.69

Quarterly Earnings Growth YOY

0.26

Quarterly Revenue Growth YOY

0.103

Trailing PE

47.98

Forward PE

22.22

EV To Revenue

9.13

EV To EBITDA

22.68

52 Week High

570.24

52 Week Low

274.73

50 Day Moving Average

531.13

200 Day Moving Average

416.9

Shares Outstanding

455800000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Adobe stock forecast for this year


Adobe stock forecast for Jan 2024.
Estimated Average Forecasted Adobe Price: 581.09. Positive monthly dynamics of the instrument is expected with 11.177% volatility is expected.

Pessimistic forecast: 540.30

Optimistic: 608.28


Adobe stock forecast for Feb 2024.
Estimated Average Forecasted Adobe Price: 558.43. Negative monthly dynamics of the instrument is expected with 15.050% volatility is expected.

Pessimistic forecast: 516.32

Optimistic: 607.79


Adobe stock forecast for Mar 2024.
Estimated Average Forecasted Adobe Price: 564.23. Positive monthly dynamics of the instrument is expected with 9.111% volatility is expected.

Pessimistic forecast: 526.83

Optimistic: 579.64


Adobe stock forecast for Apr 2024.
Estimated Average Forecasted Adobe Price: 493.08. Negative monthly dynamics of the instrument is expected with 13.695% volatility is expected.

Pessimistic forecast: 444.37

Optimistic: 514.88


Adobe stock forecast for May 2024.
Estimated Average Forecasted Adobe Price: 487.96. Negative monthly dynamics of the instrument is expected with 14.468% volatility is expected.

Pessimistic forecast: 457.51

Optimistic: 534.90


Adobe stock forecast for Jun 2024.
Estimated Average Forecasted Adobe Price: 458.78. Negative monthly dynamics of the instrument is expected with 16.136% volatility is expected.

Pessimistic forecast: 412.26

Optimistic: 491.58


Adobe stock forecast for Jul 2024.
Estimated Average Forecasted Adobe Price: 504.70. Positive monthly dynamics of the instrument is expected with 14.774% volatility is expected.

Pessimistic forecast: 454.18

Optimistic: 532.91


Adobe stock forecast for Aug 2024.
Estimated Average Forecasted Adobe Price: 527.01. Positive monthly dynamics of the instrument is expected with 16.140% volatility is expected.

Pessimistic forecast: 476.99

Optimistic: 568.80


Adobe stock forecast for Sep 2024.
Estimated Average Forecasted Adobe Price: 516.73. Negative monthly dynamics of the instrument is expected with 14.797% volatility is expected.

Pessimistic forecast: 475.75

Optimistic: 558.38


Adobe stock forecast for Oct 2024.
Estimated Average Forecasted Adobe Price: 536.21. Positive monthly dynamics of the instrument is expected with 14.574% volatility is expected.

Pessimistic forecast: 494.39

Optimistic: 578.73


Adobe stock forecast for Nov 2024.
Estimated Average Forecasted Adobe Price: 483.93. Negative monthly dynamics of the instrument is expected with 11.454% volatility is expected.

Pessimistic forecast: 447.44

Optimistic: 505.32


Adobe stock forecast for Dec 2024.
Estimated Average Forecasted Adobe Price: 436.12. Negative monthly dynamics of the instrument is expected with 8.207% volatility is expected.

Pessimistic forecast: 418.54

Optimistic: 455.96



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