La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Adobe a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Adobe..

Adobe (NASDAQ:ADBE) Azioni, Catena delle Opzioni

ADOBE INC

Adobe

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).

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Il suo arrivo a Wall Street promette di ridefinire il settore del design digitale con nuove soluzioni. Ecco tutto ciò che c&#39;è da sapere.

IPO Figma: il nuovo &#34;universo&#34; del design arriva a Wall Street

AdobeStockholm,,Sweden,-,July,26,,2021:,A,Wall,Sign,For

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Un colosso tech crolla nonostante utili record, mentre un&#39;azione del lusso vola del 20%. I movimenti che agitano i mercati.

Adobe, RH e altre 3 azioni da tenere d&#39;occhio in questo venerdì

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Un gigante tech vola dopo la trimestrale, ma un&#39;altra società delude e crolla. L&#39;elenco dei 5 market mover chiave della giornata.

Oracle, Adobe e altre 3 azioni da tenere d&#39;occhio questo giovedì

Adobe Inc

Whales with a lot of money to spend have taken a noticeably bearish stance on Adobe.
Looking at options history for Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) we detected 26 trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 57% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $611,973 and 17, calls, for a total amount of $1,338,990.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $540.0 for Adobe over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Adobe stands at 492.36, with a total volume reaching 1,107.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Adobe, situated within the strike price corridor from $250.0 to $540.0, throughout the last 30 days.
<h3>Adobe 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751562687_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$30.7</td>
<td>$29.6</td>
<td>$30.0</td>
<td>$405.00</td>
<td>$600.0K</td>
<td>265</td>
<td align="right">1</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$18.3</td>
<td>$18.05</td>
<td>$18.3</td>
<td>$370.00</td>
<td>$183.0K</td>
<td>422</td>
<td align="right">142</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$6.5</td>
<td>$5.85</td>
<td>$5.85</td>
<td>$385.00</td>
<td>$91.2K</td>
<td>464</td>
<td align="right">8</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/20/26</td>
<td>$28.4</td>
<td>$26.8</td>
<td>$27.71</td>
<td>$360.00</td>
<td>$83.1K</td>
<td>1.1K</td>
<td align="right">30</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$26.0</td>
<td>$25.05</td>
<td>$25.2</td>
<td>$380.00</td>
<td>$70.4K</td>
<td>767</td>
<td align="right">36</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
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).
In light of the recent options history for Adobe, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Adobe</h3>
<ul>
<li>Trading volume stands at 2,021,019, with ADBE's price up by 0.62%, positioned at $380.83.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 70 days.</li>
</ul>
<h3>What Analysts Are Saying About Adobe</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $471.0.
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&#x2A; An analyst from Mizuho has decided to maintain their Outperform rating on Adobe, which currently sits at a price target of $530. 
&#x2A; An analyst from Evercore ISI Group downgraded its action to Outperform with a price target of $475. 
&#x2A; In a cautious move, an analyst from BMO Capital downgraded its rating to Outperform, setting a price target of $450. 
&#x2A; An analyst from B of A Securities has decided to maintain their Buy rating on Adobe, which currently sits at a price target of $475. 
&#x2A; Consistent in their evaluation, an analyst from Baird keeps a Neutral rating on Adobe with a target price of $425. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Adobe, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

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Adobe Unusual Options Activity

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Adobe shares are trading lower after its acquisition deal with Figma was blocked by regulators. Redburn Atlantic downgraded the stock from Neutral to Sell and cut its price target from $420 to $280.

U.S. stocks climbed on Wednesday, with the S&amp;P 500 setting fresh record highs after a surprise decline in private payrolls boosted expectations <a href="https://www.benzinga.com/markets/economic-data/25/07/46218795/labor-market-payrolls-june-interest-rates">of Federal Reserve rate cuts.</a>
The ADP National Employment Report showed private employers shed 33,000 jobs in June 2025 — the first monthly contraction since March 2023. The sharp miss reinforced market bets that the Fed may ease policy sooner than expected. Economists now expect Friday's official nonfarm payrolls report to show a slowdown from 139,000 to 110,000 jobs.
Rate cut odds rose sharply. Markets now see a 25% chance of a July cut and fully price in a reduction by September. A second cut by December is also fully priced in.
The S&amp;P 500 jumped above 6,200 points, notching new record highs. The Nasdaq 100 rose 0.8% to 22,650, nearing its all-time peak, while the Dow Jones Industrial Average held steady around 44,500. Small-cap stocks outperformed for the second consecutive session.
On the trade front, President Donald Trump announced a new agreement with Vietnam. Under the terms, Vietnam will impose a 20% tariff on all exports to the U.S. and a 40% tariff on transshipped goods, while granting &#8220;total access&#8221; to U.S. companies seeking to enter its domestic market.
In currency markets, the U.S. dollar rose 0.3%, breaking a long losing streak. Treasury yields climbed, with the 30-year yield rising 8 basis points to 4.85%.
Commodities strengthened across the board. Gold rose 0.5%, silver gained 1.2%, and WTI crude oil surged 1.9%.
Crypto markets rallied, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) climbing 3.5% to $109,550.
<h1 class="wp-block-heading">Wednesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg. %</td>
</tr>
<tr>
<td>• Russell 2000</td>
<td>2,216.07</td>
<td>0.9%</td>
</tr>
<tr>
<td>• Nasdaq 100</td>
<td>22,650</td>
<td>0.8%</td>
</tr>
<tr>
<td>• S&amp;P 500</td>
<td>6,222.44</td>
<td>0.4%</td>
</tr>
<tr>
<td>• Dow Jones</td>
<td>44,500.39</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 1:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The&nbsp;Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) rose 0.3% to $569.44.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) inched 0.1% down to $444.43.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;eased 0.7% to $550.61.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.9% to $219.94.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 0.9%; the&nbsp;Health Care&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 0.8%.</li>
<li></li>
</ul>
<h1 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h1>
<ul class="wp-block-list">
<li>Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) rallied over 5% after expecting about $14 billion in unrealized gains from Bitcoin in the second quarter. </li>
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) shares fell 4.1% to $376.11 after Rothschild &amp; Co Redburn downgraded the design software maker from Neutral to Sell and slashed its price target from $420 to $280.</li>
<li>Quantum computing stocks rallied after Cantor Fitzgerald initiated coverage with Overweight ratings on Rigetti Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>), D-Wave Quantum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>), and IonQ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>). Shares rose 8.7%, 0.9%, and 2.4%, respectively.</li>
<li>Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) rose 4.5% despite posting weaker-than-expected earnings, as the company maintained its full-year 2025 guidance.</li>
<li>First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) surged 8% to after RBC Capital Markets said the new U.S.-Vietnam trade deal could positively impact the solar manufacturer. 

</li>
</ul>
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S&P 500 Tops Record Highs, Bitcoin Rallies As Traders Raise Rate Cut Bets: What's Moving Markets Wednesday?

Design company Figma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIG#NYSE">FIG</a>) has filed for an IPO and, along with sharing impressive revenue figures and year-over-year growth, the company's investments in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) are making headlines.
What Happened: Figma is set to go public on the NYSE under the ticker FIG and will come to the market after a $20 billion buyout from Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) was<a href="https://www.benzinga.com/news/24/05/38893439/figma-sets-12-5b-valuation-in-new-equity-offering-falling-short-of-adobes-acquisition-offer"> blocked by regulators.</a>
The Figma IPO <a href="https://www.sec.gov/Archives/edgar/data/1579878/000162828025033742/figma-sx1.htm">filing</a> was filled with details about the company's financials and also included 21 mentions of the word &#8220;Bitcoin.&#8221;
In the filing, Figma revealed that its Board of Directors approved an investment in Bitcoin ETFs in 2024, and the company currently owns approximately $69.5 million, held in the Bitwise Bitcoin ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITB#NYSE">BITB</a>), as of March 31, 2025.
The company holds the Bitcoin ETF assets at fair value.
What may be even more surprising ahead of the IPO is that Figma is planning to invest further in Bitcoin in the future. 
The company recently purchased $30 million in USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>), which will be used as part of Figma's board approving a $30 million investment in Bitcoin.
"The company intends to reinvest its stablecoin holdings into Bitcoin at a later date," the filing reads.
Figma's IPO filing caught the attention of cryptocurrency trading platform Coinbase Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).
"Holding Bitcoin and using USDC. We should be friends," Coinbase <a href="https://x.com/coinbase/status/1940159396954481149">tweeted</a>.
The filing revealing Figma's bets on Bitcoin comes as an increasing number of public companies are adding Bitcoin to their balance sheet, including video game retailer GameStop.
Figma lists volatility related to an investment in Bitcoin ETFs as a risk factor and the wording suggests continued investment in Bitcoin in the future.
"From time to time, we have also invested excess cash reserves in alternative assets, such as the Bitcoin exchange-traded fund, and may do so in the future,&#8221; the filing reads. &#8220;The investments in our portfolio are subject to our corporate investment policy, which focuses on the preservation of capital, fulfillment of our liquidity needs, and maximization of investment performance within the parameters set forth in our corporate investment policy and subject to market conditions."
Read Also: <a href="https://www.benzinga.com/crypto/25/06/45823339/exclusive-bitcoin-etf-experts-on-past-present-and-future-of-sector-why-us-buying-btc-could-be-monumental-moment">EXCLUSIVE: Bitcoin ETF Experts On Past, Present And Future Of Sector — Why US Buying BTC Could Be &#8216;Monumental Moment&#8217;</a>
Why It's Important: Those familiar with Figma CEO and co-founder Dylan Field may not be surprised to see his preference for investing in Bitcoin.
Field previously <a href="http://www.forbes.com/sites/alexkonrad/2021/03/18/figma-ceo-dylan-field-talks-cryptopunks-nft-beeple-metaverse/" target="_blank" rel="noopener">sold </a>one of the most expensive non-fungible tokens ever, a rare alien CryptoPunk, for $7.5 million in Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>). Field's NFT <a href="https://opensea.io/0x8e7644918b3e280fb3b599ca381a4efcb7ade201?searchQuery=cryptopunk">portfolio </a>still holds 14 CryptoPunks, including one rare alien.
The Figma IPO reveals the company had revenue of $749.0 million in 2024, up 48% year-over-year. The company reported revenue of $228.2 million in the first quarter of 2025, representing a 46% year-over-year increase. Figma shows an 18% non-GAAP operating margin in its filing.
Another highlight in the IPO filing is Figma's customer base, which includes 95% of the Fortune 500 companies and 78% of the Forbes 2000 companies.
Figma's growth and its belief in Bitcoin on the balance sheet could be attractive items to get investors excited about the company's upcoming IPO.
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Redburn Atlantic analyst Omar Sheikh downgrades Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) from Neutral to Sell and lowers the price target from $420 to $280.

News

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Redburn Atlantic Downgrades Adobe to Sell, Lowers Price Target to $280

The S&amp;P 500 finally reached new <a href="https://www.benzinga.com/content/46195977/s-amp-p-500-all-time-highs-5-catalysts-driving-it-higher">all-time highs this week</a>, surpassing the level last seen in February, and investors have plenty of confidence as they move into the summer.
While several factors influenced the April drawdown and subsequent recovery, the market's continued strength has been bolstered by strong corporate earnings in the first quarter. This month, we will begin to see earnings figures for the second quarter. Whether those numbers can match those from Q1 could make or break this rally.
Today, we&#8217;re examining five stocks that not only reported impressive Q1 results but also increased their guidance for Q2, indicating they anticipate earnings to remain strong. These are the most likely stocks to keep rallying through earnings season.
<h2 class="wp-block-heading">July 4th Sale: Save Up To $1,200 On Benzinga Pro</h2>
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Let&#8217;s take a look.
<h2 class="wp-block-heading">Advanced Micro Devices Inc.</h2>
AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) reported earnings for Q1 2025 on May 6 and <a href="https://www.benzinga.com/news/earnings/25/05/45237261/amd-q1-earnings-revenue-eps-beat-driven-by-expanding-data-center-ai-momentum-chipmaker-expects-strong-growth-in-2025">smashed expectations</a> on its way to a record quarter. Q1 revenue came in at $7.44 billion, beating the expected $7.1 billion easily and demonstrating year-over-year (YOY) growth of over 35%. The $0.96 EPS figure also beat expectations by $0.03. The data center segment saw the most considerable expansion, growing 57% YOY. AMD also raised the top end of its Q2 guidance estimates to $7.7 billion, placing Q2 revenue within a range of $7.1 billion to $7.7 billion. The consensus expectation for AMD Q2 revenue is currently $7.2 billion.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdTkx5tJDC7V4T-WKi5s-ivhAKAUQNs5owa1H1_P-Ge2bdNzLniA8ufPuYW-xUOLmCN9fW2PtfrkObalnzpkgdjpGAtf3qPzGfC2kA6l4rC_2Wjv6_mtBMWgXECbVbFJEzWPXYYIA?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
June saw a flurry of price target bumps from analysts covering AMD shares, including a June 23 double upgrade from Hold to Strong Buy from Melius Research (along with a price target bump from $110 to $175). The earnings beat, guidance raise and analyst upgrades have contributed to the stock's resurgence as shares finally broke above the 50-day and 200-day moving averages. The MACD confirms the bullish action, so AMD now has fundamental and technical tailwinds at its back as we prepare for Q2 earnings season. If AI capital expenditure (CapEx) spending continues to grow, AMD could be one of the biggest winners in the second half of 2025 and beyond.
<h2 class="wp-block-heading">Ulta Beauty Inc.</h2>
ULTA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45695903/ulta-stock-is-rising-friday-whats-going-on">reported</a> earnings on the last day of May, and its numbers were impressive, especially for a company bracing for impact from tariffs. The company blew away both EPS and revenue projections, beating EPS estimates by $0.97 ($6.70 EPS reported vs. $5.73 expected). Quarterly revenue grew 4.5% YOY, led by a stunning increase in comp sales that far exceeded Wall Street estimates. ULTA reported Q1 comp sales growth of 2.9%, while the Street had expected a minute 0.2%. The company also raised the top of its full-year 2025 guidance estimates to $11.7 billion in total sales, with EPS ranging from $22.65 to $23.20, up from $22.50 to $22.90.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfh3BQ8jE0LcrqhjrnsJiIIOheaXC_AfwEpLc9zTaPsqGzh4rPx_l4jURP5yi8JbHq3fDxVo62Ihed9dLh_lWIZ4_NBEDrCn4vl4Rlje9hMbLK8aN6rVvKA1t2PEQek5NtR1n6y?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
Following the optimistic report and guidance raise, the stock rallied fiercely, jumping 11% in the session following the earnings release. A bullish technical signal materialized as well: the Golden Cross, where the stock's 50-day MA rises above the 200-day MA. A Golden Cross signifies renewed interest from technical traders, and combined with the earnings tailwinds, gives ULTA a strong bull case going forward.
<h2 class="wp-block-heading">Adobe Inc.&nbsp;</h2>
The progenitor of the PDF, Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), also posted strong earnings for Q1. On June 12, the company announced $5.06 EPS (beating the $4.97 estimate) and revenue of $5.87 billion, which represented YOY growth north of 10%. Despite the sales growth, the stock remains somewhat undervalued compared to its high-flying tech peers, trading at 23 times forward earnings with a Price-to-Earnings (PEG) growth rate of 1.83. The average P/E ratio for the tech sector remains elevated above 35 for comparison.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfS8eEU2RDjkLfs-XTHs4FCVjjPPSa7L8TRN_rbIDxohzu2qNRJ6Kc-i48pz6plERDte3oZEHCv8PVo-nYRynG0FiotshWTcruv9FDRpdeqpowScRSfnd6ifuJtGpagX6jg47xiLg?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
Adobe kept its full-year 2025 revenue estimates unchanged during the Q1 report, but upped EPS projections from $20.36 to a range of $20.50 to $20.70. The market's reaction to the June 12 <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45915038/adobe-q2-earnings-revenue-beat-eps-beat-raised-fy-guidance-continued-investments-in-ai-innovation">earnings report</a> was muted, but that could be because the downtrend had already broken in the previous month. ADBE shares finally broke above a resistance level that had been locking the price down since late December, and now that the RSI has drifted under 70 again, a new entry point could be on the horizon.
<h2 class="wp-block-heading">Amer Sports Inc.&nbsp;</h2>
Unlike competitors like Lululemon, Amer Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) has thrived despite worrisome tariff troubles. The Salomon and Arc'teryx manufacturer posted earnings on May 20 and <a href="https://www.benzinga.com/25/05/45516942/amer-sports-crushes-q1-estimates-thanks-to-arcteryx-and-salomon-expects-tariff-impact-to-be-negligible">absolutely scorched</a> the market's expectations, especially in terms of EPS ($0.27 per share reported vs. $0.12 expected). The company's quarterly revenue of $1.47 billion also represented growth of more than 24% from the same period last year.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd_Cy_Pr43IlcdH82fLa3SOK4k2aDrCvg3rqtIZBZ5zMLavNy8oXfvWF4em7xssnNtYoqv8gVhZJAEJ3sS8GmX7EXANoFzWq5OQ1dftLK9Tc_8ocgjp_EcAG5Hxbms_5HZ3Sc7RPg?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
Amer Sports raised guidance on both full-year EPS and revenue projections, delighting the market and quelling fears in an industry that's been unequally punished by tariffs. The stock made new all-time highs earlier this month, with the uptrend strengthening thanks to increasing volume and bullish action on the moving averages. Don't sleep on this up-and-coming sports apparel machine.
<h2 class="wp-block-heading">Jabil Inc.&nbsp;</h2>
Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) is an AI play that has been gaining steam this year, thanks to (you guessed it) earnings growth backed by strong technical trends. During the company's fiscal Q3 2025 <a href="https://www.benzinga.com/news/25/06/45976313/jabil-posts-upbeat-earnings-joins-verve-therapeutics-john-wiley-sons-and-other-big-stocks-moving-higher-on-tuesday">earnings release</a> on June 17, CFO Greg Hebard reported net revenue of $7.8 billion, beating not just analyst expectations but the company's internal projections by more than $800 million. EPS also came in 35% higher YOY at $2.55 per share. Full-year 2025 revenue guidance was raised to $29 billion, and the high-end EPS range was boosted to $9.33. The free cash flow position also continues to improve, as the company banked $326 million in Q3 and now expects to hold a $1.2 billion cash pile by the end of 2025, while still completing its $1 billion stock buyback plan.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf1tUg-7AsUS1mfRYVk29mqePhJhY8Z_Xg3LEN3EJ9GTCAsjbPaovJw13XlbCn7pf8o_dlFQbplf0r2Dgz1GYQ1baSl02-1vUQr1Q4ATUJRubCJty0Zm1XgbMeNZDs03hmF-Qz5?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
The company's second-half plans were applauded by investors, who sent the stock to new all-time highs earlier this month. The share price had already risen above the 50-day and 200-day MAs back in May and the uptrend continues to gain steam on solid fundamental data. The technical and fundamental tailwinds are supported by continued analyst backing, including Bank of America, which raised its JABL price target to an industry high of $245 on June 20.
Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
Photo: Shutterstock

Opinion

ULTA

5 Stocks Set To Crush Q2 Earnings

Figma Inc. has filed for an initial public offering, aiming to list its Class A common stock on the New York Stock Exchange under the symbol &#8220;FIG,&#8221; marking a significant step for the San Francisco-based design platform.
What Happened: The company, known for its collaborative browser-based tools used by major clients such as Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), reported robust financial growth ahead of its public debut. 
For the year ended December 31, 2024, Figma posted revenue of $749 million, a 48% increase year-over-year, and for the first quarter of 2025, revenue reached $228.2 million, up 46% from the prior year period. The company's compounded annual revenue growth rate over four years stands at 53%.
Figma's net income swung from $737.8 million in 2023—boosted by a $1 billion termination fee from the abandoned Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) merger—to a net loss of $732.1 million in 2024, largely due to one-time stock-based compensation expenses. However, the company returned to profitability in the first quarter of 2025 with net income of $44.9 million. 
Figma's platform is now used by 95% of the Fortune 500 and 78% of the Forbes Global 2000, reflecting its widespread adoption across industries. The company has rapidly expanded its product suite, launching features such as Dev Mode for developers, FigJam for ideation, and new AI-powered tools like Figma Make, which can generate functional prototypes from prompts. 
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46212596/dow-jumps-400-points-as-senate-approves-tax-bill-investor-sentiment-edges-lower-but-fear-index-remains-in-greed-zone">Dow Jumps 400 Points As Senate Approves Tax Bill: Investor Sentiment Edges Lower, But Fear Index Remains In &#8216;Greed&#8217; Zone</a>
Why It Matters: Its Net Dollar Retention Rate was 134% at the end of 2024 and 132% as of March, indicating strong customer expansion and retention. 
The IPO follows Figma's earlier attempt to be acquired by Adobe for $20 billion, a <a href="https://www.benzinga.com/news/large-cap/23/07/33353200/adobes-game-changing-20-billion-figma-acquisition-under-global-regulatory-microscope">deal blocked by regulatory authorities</a> over antitrust concerns. Figma's most recent <a href="https://www.benzinga.com/news/24/05/38893439/figma-sets-12-5b-valuation-in-new-equity-offering-falling-short-of-adobes-acquisition-offer">private valuation was $12.5 billion</a>, set during a secondary share sale in 2024. Founder and CEO Dylan Field will retain significant voting power post-IPO, due to Figma's multi-class share structure.
Figma's business model is subscription-based, offering tiered plans for individuals, organizations, and enterprises, with pricing tailored to different user roles and workflows. &nbsp;
The company plans to use IPO proceeds for working capital, product development, and potential acquisitions, while repaying certain outstanding indebtedness. Figma does not anticipate paying dividends in the near future. 
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/25/07/46212510/gryphon-digital-surges-nearly-60-in-after-hours-trading-as-eric-trump-backed-american-bitcoin-merger-advances">Gryphon Digital Surges Nearly 60% In After Hours Trading As Eric Trump-Backed American Bitcoin Merger Advances</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: M.oo / Shutterstock.com

Figma Targets Wall Street Debut After $20 Billion Adobe Deal Collapse

Artificial intelligence stocks are on a heater in 2025.&nbsp;
Take Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), which is up 17.5% year-to-date and up 45.5% over the past three months. Then there's AI intelligence powerhouse CoreWeave (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>), which is up a whopping 331% over the last 90 days alone. Or consider AI software developer Palantir (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), whose stock price is up 72.9% year-to-date and has increased by 405% over the past year.
Those are robust companies that have built a brand name for themselves in the AI realm and are obvious picks for investors looking to capitalize on the AI freight train of 2025. That said, they&#8217;re not the only names investors should be tracking in the AI market, especially after their rapid rise, which may make some investors concerned that most of the upside is behind them.
<h2 class="wp-block-heading">How The Pros Are Trading Strength Into Q3 — Live Today</h2>
Most traders chase headlines. The pros focus on trends that last. Today, Tuesday at 6 PM ET, see how Tim Melvin, Ryan Faloona, and Anne-Marie Baiynd are using market strength, momentum signals, and long-term setups to stay ahead of the next big move. Their tactics are precise and built for this market. Register <a href="https://benzinga.zoom.us/webinar/register/WN_OJ2FBspHSJSSVNlW8zGapw#/registration">HERE</a> now — limited seats available.
&#8220;This is the first inning of a nine-inning game for AI revolution, and the next generation of winners hasn't even been invented yet,&#8221; said Alan Haworth, senior financial advisor at Clare Market Investments. &#8220;The first round will be NVDA, MSFT, AMZN, GOOG, and a few other megacaps.&#8221;
For discerning investors, it's also a good idea to dig below the surface and uncover gems that aren't pure pay-play artificial intelligence stocks, but have ties to the AI sector.
 &#8220;2025 marks the start of stage two, where the operating and expansion layers are emerging as the real drivers of value,&#8221; said Shay Boloor, chief market strategist at Futurum Equities. &#8220;The explosive returns of phase one laid the tracks. But phase two is where we find compounding utility, and that's where the next decade of upside lives.&#8221;
Which companies indirectly tied to AI make the grade right now for technology investors at the mid-point of 2025? These stocks are getting a green light from market experts.
Astera Labs Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>). This Santa Clara, California-based semiconductor company specializes in solving AI and cloud computing data and network bottleneck issues. ALAB stock is down 31% year-to-date, but it's making up ground quickly. Over the past 90 days, the firm's stock price has increased by 52.5%, mainly due to its partnership with AIChip Technologies, a high-profile Taiwan-based chipmaker. &#8220;AI data centers are scaling laterally,&#8221; Boloor said. &#8221; Astera Labs owns the high-speed interconnects (PCIe, CXL, Ethernet) that make cluster performance viable.&#8221;
Astera Labs Inc. has a consensus price target of $ 97.50 based on the ratings of 15 analysts, as noted by Benzinga Ratings.
Oklo, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>). Oklo is carving a clear path to profit in the nuclear industry, providing clean energy through the design and deployment of fast-fission power plants. The company's stock is up 160.2% year-to-date as demand grows, driven by states like New York exploring new nuclear power initiatives and AI companies requiring more power for their data centers. &#8220;AI demands energy 24/7,&#8221; Bollor noted. &#8220;Small modular nuclear is no longer a fringe idea &#8211; it's foundational.&#8221;
Oklo has a consensus price target of $58.14, according to Benzinga Ratings.
Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>). This Texas-based power generator is essentially an AI infrastructure play as its nuclear plants provide the 24/7, reliable power sources that AI data centers require.
 &#8220;VST is currently trading at 12x forward earnings and, while they haven&#8217;t signed a data center deal yet, they&#8217;re well-positioned to do so in the immediate future especially following their $1.9B acquisition of seven natural gas-fired power plants that are set to add 2,600 megawatts of capacity across five states,&#8221; said Liam Hunt, director of research at IncomeInsider.org.
Vistra has a 95.5 Momentum Rating, according to Benzinga Ratings.
Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>). At first glance, this digital marketing and media services company may not seem like an obvious choice as an AI-linked company. Yet a closer look reveals that Adobe is doing a solid job of immersing agentic AI into the creative marketplace. Adobe&#8217;s Brand Concierge program and its AI-fueled workflow products and services are helping Adobe gain a solid foothold in the AI market, primarily through close partnerships with major industry players.
&#8220;Goldman Sachs puts ADBE among what it calls the top &#8216;Phase 3&#8217; AI monetizers,&#8221; said Dan Buckley, chief analyst at DayTrading.com. &#8220;These are firms generating revenue through AI, not just as speculative future promises, that are currently undervalued.&#8221;
Adobe has a consensus price target of $511.77, according to Benzinga Ratings.
<h2 class="wp-block-heading">Takeaway On AI Insider Stock Plays</h2>
The message for Main Street investors is clear and direct: stop chasing the obvious AI names and focus on the &#8216;picks and shovels&#8217; plays.
&#8220;Identify companies that benefit from AI adoption and scaling without trading at AI valuations,&#8221; Hunt said. &#8220;Utilities with data center exposure offer growth potential that tracks the AI boom at a more reasonable price point. Additionally, energy infrastructure plays have a strong chance of outperforming the mega-cap tech stocks everyone&#8217;s watching.&#8221;
&#8220;In short, diversify across the AI value chain rather than betting everything on chip stocks,&#8221; he added.
Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
Photo: Shutterstock

ALAB

CRWV

NVDA

OKLO

PLTR

4 Fast-Rising AI Stocks You Probably Haven't Heard Of

In the current session, Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is trading at $386.04, after a 0.39% drop. Over the past month, the stock decreased by 6.61%, and in the past year, by 30.51%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2025/1750964420_0.png" alt="Past Year Chart" />

<h3>Adobe P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 235.5 in the Software industry, Adobe Inc. has a lower P/E ratio of 24.83. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1750964420_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

P/E Ratio Insights for Adobe

Whales with a lot of money to spend have taken a noticeably bearish stance on Adobe.
Looking at options history for Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) we detected 27 trades.
If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 48% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $891,749 and 17, calls, for a total amount of $849,124.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $280.0 and $940.0 for Adobe, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Adobe's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Adobe's whale trades within a strike price range from $280.0 to $940.0 in the last 30 days. 
<h3>Adobe Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1750705600_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$29.9</td>
<td>$26.55</td>
<td>$28.1</td>
<td>$320.00</td>
<td>$281.0K</td>
<td align="right">218</td>
<td align="right">100</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$562.45</td>
<td>$558.0</td>
<td>$562.45</td>
<td>$940.00</td>
<td>$224.9K</td>
<td align="right">0</td>
<td align="right">4</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$15.0</td>
<td>$13.0</td>
<td>$13.0</td>
<td>$600.00</td>
<td>$130.0K</td>
<td align="right">487</td>
<td align="right">100</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/17/27</td>
<td>$196.5</td>
<td>$194.0</td>
<td>$194.0</td>
<td>$570.00</td>
<td>$77.6K</td>
<td align="right">65</td>
<td align="right">8</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/17/27</td>
<td>$197.65</td>
<td>$192.5</td>
<td>$193.95</td>
<td>$570.00</td>
<td>$77.5K</td>
<td align="right">65</td>
<td align="right">12</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
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).
In light of the recent options history for Adobe, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Adobe's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 2,371,770, the ADBE's price is up by 0.29%, now at $378.03. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 80 days.</li>
</ul>
<h3>What The Experts Say On Adobe</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $476.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Adobe, targeting a price of $470. 
&#x2A; Maintaining their stance, an analyst from Stifel continues to hold a Buy rating for Adobe, targeting a price of $480. 
&#x2A; An analyst from RBC Capital has revised its rating downward to Outperform, adjusting the price target to $480. 
&#x2A; An analyst from Oppenheimer persists with their Outperform rating on Adobe, maintaining a target price of $500. 
&#x2A; In a cautious move, an analyst from BMO Capital downgraded its rating to Outperform, setting a price target of $450. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Adobe options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Behind the Scenes of Adobe's Latest Options Trends

JMP Securities analyst Patrick Walravens reiterates Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) from Market Perform to Market Perform.

Reiteration

JMP Securities Reiterates Market Perform on Adobeto Market Perform

DA Davidson analyst Gil Luria maintains Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) with a Buy and maintains $500 price target.

DA Davidson Maintains Buy on Adobe, Maintains $500 Price Target

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$144.00</td>
<td>$39.6K</td>
<td>24.2K</td>
<td>100.8K</td>
</tr>
<tr>
<td>CRCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$240.00</td>
<td>$45.4K</td>
<td>6.6K</td>
<td>32.8K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$138.00</td>
<td>$50.9K</td>
<td>6.0K</td>
<td>16.0K</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$200.00</td>
<td>$61.0K</td>
<td>6.4K</td>
<td>4.1K</td>
</tr>
<tr>
<td>WULF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$10.00</td>
<td>$86.7K</td>
<td>84.5K</td>
<td>3.0K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/27/25</td>
<td>$370.00</td>
<td>$33.6K</td>
<td>2.5K</td>
<td>1.8K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$180.00</td>
<td>$1.5 million</td>
<td>8.2K</td>
<td>1.4K</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/27/25</td>
<td>$115.00</td>
<td>$90.7K</td>
<td>1.6K</td>
<td>1.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$145.00</td>
<td>$61.0K</td>
<td>4.7K</td>
<td>784</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$400.00</td>
<td>$182.2K</td>
<td>648</td>
<td>290</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 503 contract(s) at a $144.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $78.0 per contract. There were 24245 open contracts at this strike prior to today, and today 100807 contract(s) were bought and sold. 
• For CRCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>), we notice a call option sweep that happens to be neutral, is expiring today. Parties traded 113 contract(s) at a $240.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $45.4K, with a price of $420.0 per contract. There were 6646 open contracts at this strike prior to today, and today 32813 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 507 contract(s) at a $138.00 strike. This particular put needed to be split into 47 different trades to become filled. The total cost received by the writing party (or parties) was $50.9K, with a price of $105.0 per contract. There were 6091 open contracts at this strike prior to today, and today 16078 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a put option sweep with bearish sentiment. It expires in 91 day(s) on September 19, 2025. Parties traded 112 contract(s) at a $200.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $61.0K, with a price of $545.0 per contract. There were 6465 open contracts at this strike prior to today, and today 4185 contract(s) were bought and sold. 
• For WULF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>), we notice a call option sweep that happens to be bullish, expiring in 210 day(s) on January 16, 2026. This event was a transfer of 2864 contract(s) at a $10.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $86.7K, with a price of $31.0 per contract. There were 84522 open contracts at this strike prior to today, and today 3051 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on June 27, 2025. This event was a transfer of 31 contract(s) at a $370.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $1085.0 per contract. There were 2571 open contracts at this strike prior to today, and today 1832 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 836 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $1.5 million, with a price of $1890.0 per contract. There were 8207 open contracts at this strike prior to today, and today 1477 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on June 27, 2025. This event was a transfer of 360 contract(s) at a $115.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $90.7K, with a price of $253.0 per contract. There were 1642 open contracts at this strike prior to today, and today 1074 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option sweep with bearish sentiment. It expires in 91 day(s) on September 19, 2025. Parties traded 100 contract(s) at a $145.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $61.0K, with a price of $610.0 per contract. There were 4780 open contracts at this strike prior to today, and today 784 contract(s) were bought and sold. 
• For ADBE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), we notice a call option sweep that happens to be bearish, expiring in 56 day(s) on August 15, 2025. This event was a transfer of 243 contract(s) at a $400.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $182.2K, with a price of $750.0 per contract. There were 648 open contracts at this strike prior to today, and today 290 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

AVGO

CRCL

WULF

10 Information Technology Stocks With Whale Alerts In Today's Session

INFY

Infosys Aster And Adobe Launch AI-Powered Joint Offering To Unify Customer Experience, Personalize Content, And Streamline Marketing Workflows

Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) has outperformed the market over the past 15 years by 6.48% on an annualized basis producing an average annual return of 18.52%. Currently, Adobe has a market capitalization of $165.58 billion. 
Buying $1000 In ADBE: If an investor had bought $1000 of ADBE stock 15 years ago, it would be worth $11,858.37 today based on a price of $388.51 for ADBE at the time of writing.
<h3>Adobe's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1750172418_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Adobe 15 Years Ago Would Be Worth This Much Today

Citigroup analyst Tyler Radke maintains Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) with a Neutral and lowers the price target from $465 to $450.

Citigroup Maintains Neutral on Adobe, Lowers Price Target to $450

Live On CNBC, Jim Lebenthal Announces Bought More Adobe

Live On CNBC, Karen Firestone Announces Sold Adobe

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Baird raised Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) price target from $410 to $425. Baird analyst Rob Oliver maintained a Neutral rating. Adobe shares closed at $391.68 on Friday. See how other analysts <a href="https://www.benzinga.com/quote/ADBE/analyst-ratings">view this stock</a>.</li>
<li>Loop Capital increased the price target for Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) from $480 to $510. Loop Capital analyst Anthony Chukumba maintained a Buy rating. Ulta Beauty shares closed at $459.17 on Friday. <a href="https://www.benzinga.com/quote/ULTA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc raised SmartStop Self Storage REIT, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMA#NYSE">SMA</a>) price target from $38 to $40. Keybanc analyst Todd Thomas maintained an Overweight rating. SmartStop Self Storage shares closed at $35.69 on Friday. <a href="https://www.benzinga.com/quote/SMA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan slashed the price target for Abercrombie &amp; Fitch Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) from $147 to $141. JP Morgan analyst Matthew Boss maintained an Overweight rating. Abercrombie &amp; Fitch shares closed at $74.66 on Friday. <a href="https://www.benzinga.com/quote/ANF/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan raised the price target for Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) from $349 to $353. JP Morgan analyst Tien-Tsin Huang maintained an Overweight rating. Accenture shares closed at $311.71 on Friday. See how other analysts <a href="https://www.benzinga.com/quote/ACN/analyst-ratings">view this stock</a>.</li>
<li>DA Davidson increased Nebius Group N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIS#NASDAQ">NBIS</a>) price target from $50 to $55. DA Davidson analyst Alex Platt maintained a Buy rating. Nebius Group shares settled at $47.13 on Friday. <a href="https://www.benzinga.com/quote/NBIS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo raised Wix.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIX#NASDAQ">WIX</a>) price target from $173 to $216. Wells Fargo analyst Alec Brondolo upgraded the stock from Equal-Weight to Overweight. Wix.com shares closed at $149.10 on Friday. <a href="https://www.benzinga.com/quote/WIX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Scotiabank increased Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) price target from $43 to $48. Scotiabank analyst Orest Wowkodaw upgraded the stock from Sector Perform to Sector Outperform. Freeport-McMoRan shares closed at $40.94 on Friday.  <a href="https://www.benzinga.com/quote/FCX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies cut the price target for Packaging Corporation of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>) from $245 to $205. Jefferies analyst Philip Ng downgraded the stock from Buy to Hold. Packaging Corporation shares settled at $188.57 on Friday. <a href="https://www.benzinga.com/quote/PKG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. cut BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) price target from $145 to $138. HC Wainwright &amp; Co. analyst Robert Burns maintained a Buy rating. BioNTech shares closed at $106.57 on Friday. <a href="https://www.benzinga.com/quote/BNTX/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying ADBE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/adbe/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="589" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245-1024x589.png" alt="" class="wp-image-950870" style="width:647px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245-1024x589.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245-768x442.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245.png 1131w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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BNTX

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Accenture To Rally More Than 13%? Here Are 10 Top Analyst Forecasts For Monday

Baird analyst Rob Oliver maintains Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) with a Neutral and raises the price target from $410 to $425.

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Adobe (ADBE) Opzioni

Adobe (NASDAQ:ADBE) Azioni, Catena delle Opzioni

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