Adobe’s Stock To Continue Growing?

Despite more than a 63% rise from its March lows of this year, at the current price near $502 per share, we believe Adobe’s stock (NASDAQ: ADBE) is still undervalued. ADBE stock has increased from $307 to $502 since March 23rd compared to the S&P 500 which increased almost 55% from its recent lows. The stock has outperformed the market and was at a 52 week high in early September. The company has benefited from a subscription-based business model which helps with continuous revenue flow. In the first nine months (ended August 2020) of FY 2020 Adobe saw revenue grow to $9.4 billion, up by 15% y-o-y while earnings were recorded at $6.25 compared to $4.31 in the same period of the previous year.

Our dashboard What Factors Drove 179% Change In Adobe Systems Stock Between 2017 And Now? provides the key numbers behind our thinking.

The 175% rise in ADBE stock price between FY 2017 to FY 2019 is justified by significant growth in earnings during those two years. Adobe’s Revenue increased 53% from $7.2 billion in FY2017 to $11.2 billion in FY2020 (FY ends in November). This effect was amplified by margins increasing from 23.2% to 26.4% during this period. On a per share basis, earnings went up from $3.43 to $6.07. Higher revenue and margins were driven by overall industry growth and innovative solutions.

During the same period, the P/E multiple declined slightly from 52x to 51x. This was because the rise in stock price was lower than the growth in EPS. The P/E jumped in 2020 following the outbreak of coronavirus pandemic as more and

Nigeria’s Fastest Growing Internet Service Provider Expands Internet Access with Cambium Networks Wireless Technology

ROLLING MEADOWS, Ill., Oct. 14, 2020 /PRNewswire/ — Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced it is supplying Tizeti Network Limited, Nigeria’s leading public Wi-Fi operator, with an end-to-end wireless fabric solution. Cambium will help Tizeti expand its ISP operations in Africa’s most populous nation and meet customers’ increased demand for quality and high-speed connectivity, which has been accelerated by the COVID-19 pandemic. Cambium equipment will also be deployed in Ghana, as Tizeti expands its Express Wi-Fi coverage.

With more than 1.5 million users, Tizeti is the fastest-growing internet service provider in Nigeria – a nation with almost 200 million people with relatively low broadband penetration. The company recently hit a major milestone in the growth of its ISP operations in Nigeria by delivering over 70,000 GB per day of traffic to its subscribers using Cambium wireless networking technology. The company is now expanding its network using Cambium’s cnPilot Wi-Fi access points with ePMP fixed wireless wide area distribution, and cnMaestro™ cloud-based management platform. By using solar power in the majority of its sites, Tizeti is able to rapidly deploy a highly resilient network, despite the challenging local conditions. As part of this effort, Tizeti has also begun deploying Cambium technology in Ghana to deliver gigabit broadband speeds over wireless.

“We are excited to have crossed this important network threshold in record time,” said Kendall Ananyi, Founder and CEO at Tizeti. “This would have been impossible without Cambium’s high-performance technology and disruptive economics. As we continue to invest in our core infrastructure to bring affordable, high-speed internet access to local communities around the country, end-to-end wireless solutions like Cambium’s comprising Wi-Fi access and fixed wireless broadband backhaul will be key to help us deliver the high performance and reliability our

Insights on Third-Party Banking Software Market within the Application Software Sector | Growing Use of Digital Payment Solutions to Emerge as a Key Driver | Technavio

LONDON–(BUSINESS WIRE)–The global third-party banking software market is expected to grow at a CAGR of over 8% during 2020-2024, according to the latest market research report by Technavio. The report provides a detailed analysis on the impact and new opportunities created by the COVID-19 pandemic. The report also helps clients keep up with new product launches in direct & indirect COVID-19 related markets.

Learn more about how COVID-19 is impacting the third-party banking software market – Request a free sample report

Many organizations are expanding their business in new geographies and acquiring new customers. The growth in the customer base has increased the number of online transactions, which has increased the demand for digital payment solutions. In addition, the rising number of customers seeking help with financial decisions and investments is contributing to the growth of the global third-party banking software market.

Third-Party Banking Software Market: COVID-19 Impact Analysis on Related Markets

Global Islamic Banking Software Market 2020-2024

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Global Loan Servicing Software Market 2020-2024

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Global Personal Finance Software Market 2020-2024

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Third-Party Banking Software Market: COVID-19 Impact Analysis on Parent Market

The global application software market is the parent market of the third-party banking software market. Within its scope, the application software market covers companies that are engaged in developing and producing software designed for specialized applications for the business or consumer market. It includes enterprise and technical software, as well as cloud-based software. Our report on the third-party banking software market offers a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as analysis on several large and small vendors active in the market including FIS, Fiserv, Infosys, Oracle, and Temenos Headquarters.

Technavio’s research report on the third-party banking software market identifies

U.S. Department Of Justice Reveals Growing Bitcoin And Crypto National Security Threat Could Herald ‘Oncoming Storm’

Bitcoin and cryptocurrency use by terrorists, rogue nations and other criminals has grown in recent years—with high-profile attacks drawing international attention.

The illicit use of bitcoin and cryptocurrency ranges from money laundering and tax evasion to extortion, with cyber criminals increasingly demanding bitcoin and crypto payments in ransomware attacks on computer systems.

Now, the U.S. Department of Justice (DOJ) has warned the emergence of bitcoin and similar cryptocurrencies is a growing threat to U.S. national security, with the attorney general William Barr’s Cyber-Digital Task Force calling it the “first raindrops of an oncoming storm.”

MORE FROM FORBESNeither Trump Nor Biden Will Help The U.S. Dollar, Warns Early Facebook Exec-Calls Bitcoin An ‘Insurance Policy’

“Current terrorist use of cryptocurrency may represent the first raindrops of an oncoming storm of expanded use,” the Cyber-Digital Task Force said in a report that found bitcoin and cryptocurrencies pose an emerging challenge to law enforcement activities. “Cryptocurrency also provides bad actors and rogue nation states with the means to earn profits.”

The DOJ report, titled Cryptocurrency: An Enforcement Framework and published by the Attorney General’s Cyber-Digital Task Force last week, found bitcoin and cryptocurrencies have been used to support terrorism, purchase illicit items, conduct blackmail and extortion, cryptojacking and launder funds.

Investigators also said bitcoin and cryptocurrencies could be “detrimental to the safety and stability of the international financial system.”

The response of U.S. and international law enforcement has been held back by inconsistent regulation country-to-country. The DOJ has spent the last two years determining how best to address these issues, according to the document that “outlines the Department’s response strategies.”

MORE FROM FORBES‘High Risk’ Warning: A Major

Real Estate Software Market Will Showcase Positive Impact During 2020-2024 | Growing Middle-class Population to Boost Market Growth

Technavio has been monitoring the global real estate software market size and it is poised to grow by USD 3,825.16 billion during 2020-2024, progressing at a CAGR of about 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005071/en/

Technavio has announced its latest market research report titled Global Real Estate Software Market 2020-2024 (Graphic: Business Wire).

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altus Group Ltd., AppFolio Inc., Autodesk Inc., CoStar Group Inc., Fiserv Inc., International Business Machines Corp., LanTrax Inc., Oracle Corp., SAP SE, and Yardi Systems Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Growing middle-class population has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Real Estate Software Market 2020-2024: