What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016. Note: P/E Multiples are based on Share Price at the end of the year and reported (or expected) Adjusted Earnings for the full year This translates into a price of $386, which is 19% above the current market price of around $324. We arrive at Adobe’s valuation, using an EPS estimate of around $11.00 and a P/E multiple of just above 35x in fiscal 2023. (3) Stock price estimate is 19% higher than the current market price Revenue was 4.26 billion, just marginally ahead of forecasts. Overall, Adobe’s annual GAAP EPS is forecast to be around $11.00 in FY2023. Adobe Stock News: Forward guidance the key Adobe reported earnings per share of 3.37, which was just ahead of the 3.34 forecast. We expect the net income margin to see improvement in first-quarter results. Discounts come earlier but are smaller Cyber Monday will remain biggest day of the year (11. Buy Now Pay Later (BNPL) becomes a major consumer trend. Out-of-stock product messages have risen by 172 percent. It was primarily due to an unfavorable increase in sales & marketing and research & development expenses. Adobe forecasts record 207 billion holiday season online (U.S.), 910 billion globally. The net income marginally decreased to $4.76 billion in FY 2022, despite positive growth in revenues. Adobe Q1 FY2023 adjusted earnings per share (Non-GAAP EPS) is expected to be $3.70 per Trefis analysis, which is 2% above the consensus estimate of $3.64.
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