This Billionaire's Final Masterpiece: "X-9840"
The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix... Just released the details on what he's calling Project X-9840. This business mogul is now set to revolutionize MONEY. He has said he could flip the switch "as early as mid 2024."
About Adobe Inc
Adobe Inc. operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, teams, and enterprises to create, publish, promote, and monetize their digital content. Its flagship product is Creative Cloud, a subscription service that allows customer to download and access the latest versions of its creative products. This segment serves content creators, experience designers, app developers, enthusiasts, students, social media users, and creative professionals; and marketing departments and agencies, companies, and publishers. The company's Digital Experience segment offers products, services, and solutions for creating, managing, executing, measuring, monetizing, and optimizing customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, marketing executives, information management and technology executives, product development executives, and sales and support executives. Its Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and OEMs. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. The company was founded in 1982 and is headquartered in San Jose, California.
General
| Name | Adobe Inc |
| Ticker | ADBE |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Software-Infrastructure |
| Currency | USD |
| Country | USA |
| Fiscal Year End | November |
| Full Time Employees | 22,516 |
Highlights
| Analyst Target | 566.05 |
| Market Cap | 211,229,392,896 |
| PE Ratio | 48.89 |
| PEG Ratio | 2.24 |
| EBITDA | 4,808,000,000 |
Share Stats
| Shares Outstanding | 479,326,016 |
| Shares Float | 477,115,503 |
| Shares Short | 4,781,814 |
| Insider Holdings | 31% |
| Institution Holdings | 86.10% |
Highlights
| Analyst Target | 566.05 |
| Market Cap | 211,229,392,896 |
| PE Ratio | 48.89 |
| PEG Ratio | 2.24 |
| EBITDA | 4,808,000,000 |
Valuation
| Trailing PE | 40.69 |
| Forward PE | 40.16 |
| Price/Sales (Trailing 12 Mt.) | 17.00 |
| Price/Book (Most Recent Quarter) | 16.30 |
Earnings
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