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ADBE Iron Condor Spread Can Make 66% in Next 12 Days
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Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
Adobe trades on the NASDAQ stock market under the symbol ADBE.
As of August 21, 2026, ADBE stock price climbed to $275.30 with 3,914,467 million shares trading.
ADBE has a beta of 0.79, meaning it tends to be less sensitive to market movements. ADBE has a correlation of 0.05 to the broad based SPY ETF.
ADBE has a market cap of $109.43 billion. This is considered a Large Cap stock.
Last quarter Adobe reported $7 billion in Revenue and $5.96 earnings per share. This beat revenue expectation by $165 million and exceeded earnings estimates by $.36.
In the last 3 years, ADBE traded as high as $638.25 and as low as $190.12.
The top ETF exchange traded funds that ADBE belongs to (by Net Assets): VTI, VOO, QQQ, IVV, SPY.
ADBE has underperformed the market in the last year with a return of -22.1%, while SPY returned +21.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ADBE shares. However, ADBE has outperformed the market in the last 3 month and 2 week periods, returning +12.8% and +3.8%, while SPY returned +3.4% and -1.0%, respectively. This indicates ADBE has been having a stronger performance recently.
ADBE support price is $263.26 and resistance is $281.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADBE shares will trade within this expected range on the day.