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ADOBE INC DRNADOBE INC DRNADOBE INC DRN

ADOBE INC DRN

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ADBE34 trade ideas

ADBE to Release Earnings on September 13Adobe Systems Incorporated (ADBE) is scheduled to release earnings on September 13, 2018, after the market closes, and will hold a conference call at 5:00 PM ET on the same day. The stock currently trades at 265.37, which is 5.4% higher than the close following its last reported earnings, trading with a range of 235.87 to 269.96 since that time. Expected Price Volatility Currently, option traders are expecting a ± 4.5% move for this earnings, and during the previous earnings release, the stock experienced a -2.4% move. Over the last 12 quarters, the absolute average move has been ± 3.3%, with a minimum move of 1.2% and a maximum move of 7.1%. ADBE has only experienced 3 larger-than-expected earnings moves in the last 12 quarters. Earnings Price Pattern The MarketChameleon earnings price pattern has detected two notable historical trends. 1 Week Before Earnings:For 11 of the last 12 quarters (92%), ADBE stock price has gone up in the week before earnings. It has had an average gain of +1.9% during that span. 2 Weeks After Earnings:For each of the last 5 quarters, the stock price has gone down in the 2 weeks following earnings. Over that period, it has an average loss of -2.4%. Earnings Option Strategies MarketChameleon's option strategy analysis shows that selling out-of-the-money puts the day before earnings had 83% winning occurrences, for an average gain of +67.7%. Additionally, selling at-the-money straddles resulted in 75% winning occurrences, for an average return of +24.8%. EPS Estimate Analysts are currently expecting ADBE to report an earnings of $1.69 per share, compared to $1.10 for the same quarter last year. Revenue is expected to come in at $2.2 billion versus $1.8 billion for the previous year.
NASDAQ:ADBE
by MarketChameleoncom
$ADBE Adobe Continued Ascension$ADBE Adobe looking like a solid buy after tagging the lower trend line yesterday (while holding the 50d ema) of a tight bullish channel it's been riding since late 2017. RSI has not dropped below 40 this year and reversed off that level today. Adobe is a solid company with a great track record of earnings beats. Two possible trade targets below. Short term target - $258.90 (previous ATH) Medium term target - $270.00 (upper channel limit) Note: Observation/opinion, not investment advice.
NASDAQ:ADBELong
by Triple_Barrel_Capital
1
Short ADBE for an ending diagonal breakThis 30m chart of ADBE shows a nice 5 wave impulse higher with alternation between the corrective waves. It's possible that we're now seeing an ending diagonal in wave 5. Initiating a short position at 239 with an immediate profit target of 229, and an extension even lower. A move above the most recent high invalidates the setup. Trying to pick the top, so this is just a quick 2:1 reward to risk trade on a small position size.
NASDAQ:ADBEShort
by UnknownUnicorn182749
Adobe Systems Inc SHORTShort 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.
NASDAQ:ADBEShort
by UnknownUnicorn2415222
1