Report
Rodney Nelson
EUR 101.80 For Business Accounts Only

Adobe’s successful transition to the cloud reinforces the firm’s wide moat.

On Oct. 18, Adobe delivered its initial guidance for fiscal 2018 as part of its financial analyst briefing at Adobe Max, in addition to providing a strategic outlook for the firm. Management continues to expect 20%-plus revenue growth across both Digital Media and Experience Cloud subscriptions, and the firm is beginning to engage in price optimization that will result in price increases for the first time in five years. With these developments in mind, we continue to model fiscal 2018 top-line ...
Underlying
Adobe Inc.

Adobe is a software company. The company provides a line of products and services used for creating, managing, delivering, measuring, optimizing, engaging and transacting with content across personal computers, devices and media. The company's segments are: Digital Media, which provides products, services and solutions that enable individuals, teams and enterprises to create, publish and promote their content; Digital Experience, which provides a platform and set of applications and services through Adobe Experience Cloud; and Publishing, which contains products and services that address market opportunities including eLearning solutions, web conferencing, web application development and printing.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Rodney Nelson

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