Adobe(US:ADBE) ZACKS·2025-02-11 23:51Company Performance - Adobe Systems (ADBE) closed at $458.82, reflecting a +1.71% increase compared to the previous day, outperforming the S&P 500's daily gain of 0.03% [1] - Over the last month, Adobe's shares increased by 10.43%, significantly surpassing the Computer and Technology sector's gain of 2.31% and the S&P 500's gain of 4.19% [1] Upcoming Earnings - Adobe's earnings report is scheduled for March 12, 2025, with projected earnings of $4.97 per share, indicating a year-over-year growth of 10.94% [2] - Revenue is expected to reach $5.65 billion, representing a 9.11% increase compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $20.39 per share and revenue at $23.45 billion, reflecting changes of +10.69% and +9.04% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for Adobe should be noted, as they reflect the latest near-term business trends and indicate a favorable outlook on the company's health and profitability [3][4] Valuation Metrics - Adobe is currently trading at a Forward P/E ratio of 22.12, which is a discount compared to the industry's average Forward P/E of 30.39 [6] - The PEG ratio for Adobe is 1.78, compared to the industry average PEG ratio of 2.22 [6] Industry Ranking - The Computer - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 135, placing it in the bottom 47% of all industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]