Previous close | 66.79 |
Open | 66.70 |
Bid | 62.90 |
Ask | 64.45 |
Strike | 470.00 |
Expiry date | 2024-01-19 |
Day's range | 66.70 - 66.79 |
Contract range | N/A |
Volume | |
Open interest | 704 |
Thanks to artificial intelligence (AI), software giant Adobe (NASDAQ: ADBE) has been on a tear. The increase has taken Adobe's market capitalization to around $240 billion. Let's examine that path to growth for some insights into Adobe's prospects for reaching this goal.
FedEx, Adobe, Nike and Costco are highlights of the Zacks Earnings Preview article.
Adobe Inc.'s (NDAQ:NASDAQ:ADBE) shares have been outperforming the broader market this year, with a 53% appreciation compared to a 13% increase in the S&P500 index. As of Monday, the company's shares are trading at about $514, which is 13% lower than the estimated fair value of $594, according to Trefis' valuation.