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How to Buy Adobe Stock

Adobe Inc

Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising.

Adobe stock last closed at $436.37, up 2.25% from the previous day, and has decreased 1.11% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.01 percentage points. Adobe stock is currently +58.84% from its 52-week low of $274.73, and -3.28% from its 52-week high of $451.15.

As of Jun 2, 2023, there are 458.7M shares of ADBE outstanding. The market cap of ADBE is $200.16B. In the past 24 hours, 4.3M ADBE shares were traded.

How to Buy Adobe Stock

Not sure how to invest in Adobe stock? Here's how.
  1. Choose where to buy Adobe stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Adobe stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your payment method and add your information.
  4. Analyze Adobe stock: The Adobe ticker symbol is ADBE. Is Adobe stock a good investment? Should you buy shares of ADBE? How do ADBE's underlying business fundamentals look? Do top analysts think Adobe is a good buy? Why has ADBE's stock price moved recently? (Hint: Our stock research tools can help you decide if ADBE is a good stock to buy).
  5. Execute your ADBE buy order: Decide if you will purchase ADBE shares at the current market price or use a limit order to purchase ADBE stock at a given price.
  6. Monitor your investment in ADBE: Create a watchlist to keep tabs on your position in Adobe stock.

Step 1: Choose where to buy Adobe stock

You will need a brokerage account in order to access the NASDAQ market and buy ADBE stock.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal info so you are able to invest in ADBE today.

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  1. Click here to get started.
  2. Input your personal details to start your new brokerage account.
  1. Submit your application by clicking the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you have opened your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:

Check out the video below to see the process of transferring funds into your new brokerage account.

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Step 4: Analyze Adobe stock

After you have figured out the best place to buy Adobe stock, it's crucial to research their stock prior to buying, so you can wrap your head around the risk and upside.

Overview of key ADBE info

ADBE Price
$436.37
1w %
5.05%
1y %
-1.11%
5y %
72.25%
P/E
42.91x
P/B
14.09x
P/S
11.13x
PEG
2x
Revenue
$18.00B
Earnings
$4.74B
Fore. Rev. Growth
11.75%
Fore. Earn. Growth
26.51%
Market Cap
$200.16B
Next Earnings
Jun 15, 2023
Next Dividend
N/A

Adobe Overview

WallStreetZen was created to help part-time investors do better fundamental analysis.

You can view all of the due diligence checks on ADBE's stock page.

Is ADBE stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge ADBE's true value.

Using relative valuations ratios:

  • ADBE may be overvalued based on its P/E ratio of 42.91x, relative to Software - Infrastructure industry P/E ratio of 31.05x
  • ADBE may be overvalued based on its P/B ratio of 14.09x, relative to Software - Infrastructure industry P/B ratio of 11.98x
  • ADBE may be overvalued based on its PEG ratio of 2x

You can do more valuation analysis on ADBE's stock here.

Is ADBE a healthy company?

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the ADBE balance sheet.
  • There are more short-term assets than short-term liabilities on the ADBE balance sheet.
  • ADBE's operating cash flow of $7.76B allows it to safely service it's debt of $4.13B.
  • ADBE earnings of $6.18B is not sufficient to cover its interest payments.

Failed Health Checks:

  • ADBE has a relatively high debt to equity ratio of 0.88.
  • Total ADBE debt is higher than 5 years ago, relative to shareholder equity.
  • ADBE profit margin has gone down from 29.9% to 26.3% in the past year.

Is ADBE stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 19 Wall Street analysts who give forecasts on ADBE, the consensus analyst rating on Adobe is a Buy

Please note that analyst ratings are not recommendations, nor are they financial advice.

Latest ADBE Analyst Recommendations

Brad Sills, a top 5% analyst from Bank of America maintains ADBE with a strong buy rating and raises their ADBE price target from $400.00 to $480.00, on Jun 2, 2023.

Maintaining his Strong Buy rating, Sills raised his price target on Adobe Inc. by 20%.

He conducted conversations with "several creative professionals" to discuss trends in the digital content design software market, the analyst told his readers.

Sills said his takeaways from those meetings were "encouraging" vis-a-vis both Adobe and the sector.

His ramped price target for this name takes into account peer multiple expansion and "the increasingly positive bias we have toward Adobe in view of its new AI features and dominance in the market," the analyst explained.

However, residual concerns* about the Figma deal are an overhang, Sills added.

* The analyst may be referring to this (as reported on 2023/05/03): "The U.K.’s competition authority (the Competition and Markets Authority (CMA)) confirmed today that it’s launching an initial “phase 1” merger inquiry into Adobe’s proposed $20 billion bid for digital design rival Figma.

"Following the initial Adobe-Figma merger inquiry notice period which ends on May 18, the CMA will have until June 30 to assess its findings and decide whether to proceed to an in-depth “phase 2” investigation.

"Elsewhere, the U.S. Department of Justice (DoJ) is also reportedly readying a lawsuit to block the deal, though nothing is yet confirmed."

Michael Turrin, a bottom 6% analyst from Wells Fargo maintains ADBE with a hold rating and raises their ADBE price target from $360.00 to $420.00, on May 31, 2023.

Matthew Hedberg, a top 27% analyst from RBC Capital reinstates ADBE with a buy rating and maintains their ADBE price target from $415.00 to $415.00, on May 19, 2023.

Brent A. Bracelin, a top 1% analyst from Piper Sandler reiterates ADBE with a strong buy rating and maintains their ADBE price target from $415.00 to $415.00, on Mar 22, 2023.

Sami Badri, a top 13% analyst from Credit Suisse maintains ADBE with a hold rating and raises their ADBE price target from $325.00 to $350.00, on Mar 17, 2023.

You can dig deeper into what analysts are forecasting on the Adobe stock forecast page.

ADBE Trading Indicators

SMA10
398.51
SMA20
372.45
SMA50
373.31
SMA100
363.83
SMA200
347.48
MACD
16.75
MACD Signal
8.03
MACD Histogram
8.72
RSI
78.54
Stochastic %K
92.25
Stochastic %D
89.79
StochRSI %K
100
StochRSI %D
100

ADBE Growth Metrics

Last year, ADBE earnings were $4.74B. Over the last 5 year, ADBE's earnings have increased by 21.7% per year. This was slower than the Software - Infrastructure industry average of 29.86%.

Last year, ADBE revenue was $18.00B. During the last 5 year, ADBE's revenue has gone up by 18.51% per year. This was faster than the Software - Infrastructure industry average of 17.72%.

You can analyze ADBE's earnings and revenue performance here.

Who is buying/selling ADBE?

In the last year, executives and large shareholders at ADBE have sold more shares than they have bought.

Gloria Chen, EVP Chief People Officer of ADBE, was the latest ADBE insider to sell. They sold $46,310.31 worth of ADBE stock on May 30, 2023.

Research more about who owns ADBE shares here.

Can I rely on ADBE as an income stream?

No, Adobe doesn't provide an income stream by paying out dividends.

ADBE Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your ADBE buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.

Click the Open Trade button and eToro will place your order.

If you need more assistance buying stocks on eToro, watch the how to video below:

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Step 6: Monitor your investment in ADBE

Now that you own some ADBE stock, you'll want to stay up-to-date on your new stock purchase.

Start a watchlist to monitor your ADBE stock.

ADBE Feed

How to Buy Stock in Adobe

To summarize, here are the 6 steps to buy stock in Adobe:

  1. Choose where to buy Adobe stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Adobe stock
  5. Execute your ADBE buy order
  6. Monitor your investment in ADBE

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today

If you would like to track your investment in Adobe, create a watchlist today.

NASDAQ: ADBE
$436.37+9.62 (+2.25%)
Updated Jun 2, 2023
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NASDAQ: ADBE
$436.37+9.62 (+2.25%)
Updated Jun 2, 2023
Open eToro Account

FAQ

How much does it cost to buy one Adobe share?

As of Jun 2, 2023, it costs $436.37 to buy one share of Adobe stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.229 shares of ADBE.

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Is now a good time to buy Adobe stock?

According to 19 Wall Street analysts who monitor Adobe, their consensus recommendation is to buy Adobe stock.

What is the best way to buy Adobe stock?

One way to place an order for Adobe stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.