Adobe Inc.Penjualan
Adobe Systems Inc SHORT
Short from $245.09
Market Cap - 120.73B
Beta - 0.76
Forward P/E - 33.49
Trailing P/E - 65.39
P/B - 13.99
- Adobe have recently changed their dynamics of business to a subscription model. Meaning that ADBE will receive lower upfront fees. Alongside this transition, the switching costs have decreased which makes it easier for the clients to switch to competitors.
- The unlimited license Adobe sells (Creative Suite) is 2x the cost of a yearly cloud based license.
- With the new product, they need to keep subscribers for two years minimum to become more profitable than the original product.
- A large chunk of Adobe's business exposure is in Europe - creating large currency headwinds for the company.
- Despite recent earnings and revenues being solid in March, Adobe remains highly dependent on two products which provide over 50% of the revenue (Creative Cloud & Acrobat).
NeroTree Capital rates Adobe Systems Inc as a SELL with a price target of $195.
Market Cap - 120.73B
Beta - 0.76
Forward P/E - 33.49
Trailing P/E - 65.39
P/B - 13.99
- Adobe have recently changed their dynamics of business to a subscription model. Meaning that ADBE will receive lower upfront fees. Alongside this transition, the switching costs have decreased which makes it easier for the clients to switch to competitors.
- The unlimited license Adobe sells (Creative Suite) is 2x the cost of a yearly cloud based license.
- With the new product, they need to keep subscribers for two years minimum to become more profitable than the original product.
- A large chunk of Adobe's business exposure is in Europe - creating large currency headwinds for the company.
- Despite recent earnings and revenues being solid in March, Adobe remains highly dependent on two products which provide over 50% of the revenue (Creative Cloud & Acrobat).
NeroTree Capital rates Adobe Systems Inc as a SELL with a price target of $195.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.