ADOBE INC: From Top Computer Software Company to Investor Worry in Less Than a Year
October 11, 2022
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Adobe Inc Stock Intrinsic Value – Adobe Inc ($NASDAQ:ADBE). is a computer software company that was once one of the top companies in its industry. This is due to limited operating income growth in the third quarter, and Adobe’s recent $20 billion acquisition of a company with a Price/Sales ratio of 50x. This has caused shareholder confidence to waver, and Adobe is now seen as a far less stable company than it was just a year ago.
Stock Price
Adobe Inc. has been in the news a lot lately, and mostly for negative reasons. The once-top computer software company has seen its stock value plummet in the last year, and investors are worried. On Monday, Adobe’s stock opened at $286.0 and closed at $277.0, down 2.7% from the prior closing price of $284.6. This downward trend is worrying investors, who are wondering what will happen to Adobe next.
VI Analysis – Adobe Inc Stock Intrinsic Value
Company’s fundamentals reflect its long term potential, and the intrinsic value of a company’s share can be calculated by VI Line. Adobe Inc.’s intrinsic value is around $547.4, while the stock is currently traded at $277.0, meaning it is undervalued by 49%.
Summary
Investing in ADOBE INC may not be the best idea right now as sentiment towards the company is mostly negative. While the company may eventually turn things around, it may be best to wait and see how things play out before investing.
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