For many people associated with the world of design, photography, cinema, Adobe Systems products are a reliable assistant in creativity. Adobe Systems software is not only a well-known brand.
Adobe System’s softwares allow you to use a large number of applications for editing photos, mixing sounds, creating video effects, animated Flash files.
The American developer Adobe Systems is one of the largest software companies. Besides, Adobe Systems is among the 500 largest and most successful companies in the world.
Adobe Systems started as a developer and manufacturer of printers back in 1982. The founders of the company are John Warnock and Charles Geschke, professional programmers who worked for the benefit of Xerox.
After curtailing projects at Xerox, Geschke and Warnock decided to set up their own company, Adobe Systems. Initially, it was a family business, which attracted the attention of Steve Jobs. Apple made a large order to create software from Geschke and Warnock and acquired a 19% stake in Adobe Systems for $ 2.5 million.
The annual income of the American company Adobe Systems exceeds 4 billion US dollars. The value of Adobe Systems shares is growing steadily. On July 30, 2019, one share of the software developer was 307.22 US dollars.
The world-renowned developer company Adobe Systems reported quarterly revenue growth of 25%. The quarterly reports stated that the company surpassed itself and earned $2.72 billion and $9 billion in the first quarter of 2019 during 2018. However, after the March report, the company’s shares somewhat fell.
Excellent financial indicators state that now it is worth buying shares of this software developer. Financial analysts predict the company’s revenue growth in the next 10 years by 20% annually.
On the other hand, some Forex analysts consider Adobe Systems shares to be one of the most overvalued. It is assumed that, most likely, the securities of the company are somewhat cheaper.
Wall Street experts predict an increase in the value of the shares of the developing company to $1.88 per share. The software developer’s revenue will exceed $2.6 billion over the next quarter.
In March 2019, Adobe Systems securities were listed on the S & P100. This fact can be considered an increase in the value of the shares of the California-based development company.
Leading Wall Street analysts recommend purchasing Adobe Systems brand securities and keeping them in the investment portfolio.
|Citigroup||Stock Citigroup - course and charts||6||56.35|
|Manchester United||Stock Manchester United - course and charts||10||13.76|
|Exxon Mobil||Stock Exxon Mobil - course and charts||6||83.3|
|NIKE||Stock NIKE - course and charts||6||132|
|Santander Group||Stock Santander Group - course and charts||8||3.29|
|Coca Cola||Stock Coca Cola - course and charts||6||60.89|
|JPMorgan Chase and CO||Stock JPMorgan Chase and CO - course and charts||6||140.6|
|MICROSOFT||Stock MICROSOFT - course and charts||6||304.03|
|Chevron||Stock Chevron - course and charts||6||166.15|
|Banque Saudi Fransi||Stock Banque Saudi Fransi - course and charts||25||53.63|
|Stock Facebook - course and charts||6||219.51|
|Riyad Bank||Stock Riyad Bank - course and charts||15||27.48|
|BOEING||Stock BOEING - course and charts||10||188.96|
|Saudi British Bank||Stock Saudi British Bank - course and charts||10||37.93|
|General electric||Stock General electric - course and charts||6||94.07|
|FERRARI||Stock FERRARI - course and charts||10||213.04|
|Riyad Bank||Stock Riyad Bank - course and charts||8||38.43|
|AMAZON||Stock AMAZON - course and charts||24||3271.67|
|Goldman Sachs Group||Stock Goldman Sachs Group - course and charts||6||336.1|
|Nike||Stock Nike - course and charts||15||2825.28|
|Saudi investment bank||Stock Saudi investment bank - course and charts||8||17.87|
|Nvidia||Stock Nvidia - course and charts||12||78.45|
|Tesla motors||Stock Tesla motors - course and charts||14||1013.75|
|Intel||Stock Intel - course and charts||10||51.56|
|WalMart||Stock WalMart - course and charts||6||142.75|