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Technology - Software - Infrastructure - NASDAQ - US
$ 340.7
-2.4 %
$ 145 B
Market Cap
22.49
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one ADBE stock under the worst case scenario is HIDDEN Compared to the current market price of 341 USD, Adobe Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one ADBE stock under the base case scenario is HIDDEN Compared to the current market price of 341 USD, Adobe Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one ADBE stock under the best case scenario is HIDDEN Compared to the current market price of 341 USD, Adobe Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ADBE

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$600.0$600.0$550.0$550.0$500.0$500.0$450.0$450.0$400.0$400.0$350.0$350.0$300.0$300.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
21.5 B REVENUE
10.80%
6.74 B OPERATING INCOME
1.37%
5.56 B NET INCOME
2.43%
8.06 B OPERATING CASH FLOW
10.33%
149 M INVESTING CASH FLOW
-80.80%
-7.72 B FINANCING CASH FLOW
-49.05%
5.71 B REVENUE
1.93%
2.16 B OPERATING INCOME
10.53%
1.81 B NET INCOME
7.61%
2.48 B OPERATING CASH FLOW
-15.03%
-484 M INVESTING CASH FLOW
-2547.37%
-2.84 B FINANCING CASH FLOW
-13.59%
Balance Sheet Adobe Inc.
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Current Assets 11.2 B
Cash & Short-Term Investments 7.89 B
Receivables 2.07 B
Other Current Assets 1.27 B
Non-Current Assets 19 B
Long-Term Investments 0
PP&E 2.22 B
Other Non-Current Assets 16.8 B
26.09 %6.85 %4.21 %7.33 %55.51 %Total Assets$30.2b
Current Liabilities 10.5 B
Accounts Payable 361 M
Short-Term Debt 1.57 B
Other Current Liabilities 8.59 B
Non-Current Liabilities 5.6 B
Long-Term Debt 4.48 B
Other Non-Current Liabilities 1.12 B
9.76 %53.25 %27.80 %6.96 %Total Liabilities$16.1b
EFFICIENCY
Earnings Waterfall Adobe Inc.
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Revenue 21.5 B
Cost Of Revenue 2.36 B
Gross Profit 19.1 B
Operating Expenses 12.4 B
Operating Income 6.74 B
Other Expenses 1.18 B
Net Income 5.56 B
25b25b20b20b15b15b10b10b5b5b0022b(2b)19b(12b)7b(1b)6bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
89.04% GROSS MARGIN
89.04%
31.35% OPERATING MARGIN
31.35%
25.85% NET MARGIN
25.85%
39.42% ROE
39.42%
18.39% ROA
18.39%
25.41% ROIC
25.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Adobe Inc.
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8b8b7b7b6b6b5b5b4b4b3b3b2b2b1b1b0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 5.56 B
Depreciation & Amortization 894 M
Capital Expenditures -232 M
Stock-Based Compensation 1.88 B
Change in Working Capital 144 M
Others 62 M
Free Cash Flow 7.82 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Adobe Inc.
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Wall Street analysts predict an average 1-year price target for ADBE of $597 , with forecasts ranging from a low of $410 to a high of $700 .
ADBE Lowest Price Target Wall Street Target
410 USD 20.34%
ADBE Average Price Target Wall Street Target
597 USD 75.25%
ADBE Highest Price Target Wall Street Target
700 USD 105.46%
Price
Max Price Target
Min Price Target
Average Price Target
700700650650600600550550500500450450400400350350300300May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Adobe Inc.
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Sold
0-3 MONTHS
2.19 M USD 2
3-6 MONTHS
2.04 M USD 3
6-9 MONTHS
18 M USD 4
9-12 MONTHS
19.4 M USD 5
Bought
1.51 M USD 2
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Billionaire David Tepper Just Sold Out of Adobe and Bought This Artificial Intelligence Value Stock Instead In turbulent times like these, it's always interesting to see what some of today's top investors are doing with their portfolios. fool.com - 1 week ago
Adobe Expands Portfolio with AI Solution: Buy or Hold the Stock? ADBE shares are benefiting from strong demand for its creative products and expanding clientele amid increasing competition. zacks.com - 1 week ago
Nasdaq Correction: 3 Artificial Intelligence (AI) Stocks That Are Now Too Cheap to Ignore One of the biggest trends driving the stock market over the last two years is artificial intelligence. Advancements in AI have the potential to change just about every industry in the world, and the technology is changing rapidly as big tech companies pour hundreds of billions of dollars into it. fool.com - 1 week ago
New AI Innovation in Industry-Leading Adobe Premiere Pro Empowers Video Pros to Generate, Edit and Search Footage at Lightning Speed SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Adobe (Nasdaq: ADBE) launched Generative Extend in Premiere Pro, which uses AI to instantly generate and expand the length of video and audio clips, and AI-powered Media Intelligence for quickly finding specific clips in terabytes of footage in seconds. With Generative Extend, which is powered by the Firefly Video Model and safe for commercial use, editors can now extend video in 4K and in landscape and vertical orientation – along with audio clips – tr. businesswire.com - 1 week ago
Amaze Deepens Adobe Express Partnership with New Add-On Experience Next phase of collaboration brings Amaze's commerce platform directly into the Adobe ecosystem, creating a seamless design-to-product journey. NEWPORT BEACH, CALIFORNIA / ACCESS Newswire / April 1, 2025 / Amaze (NYSE American:AMZE) today announced the expansion of its partnership with Adobe Express through a new add-on experience that will bring Amaze's creator commerce platform directly into the Adobe Express ecosystem. accessnewswire.com - 1 week ago
FMC Corp (FMC) Oracle (ORCL), Vimeo (VMEO) Wynn Resorts (WYNN) and Adobe (ADBE) Insiders Are Buying Company Stock Looking for a smarter way to tackle your credit card debt? A balance transfer card could be your ticket to financial freedom, finally eliminating your debt once and for all. 247wallst.com - 1 week ago
4 Top Tech Stocks to Buy Right Now With the broader market pulling back in recent weeks, it has created some better entry points for investors interested in owning some of the top technology stocks out there. fool.com - 2 weeks ago
3 Unstoppable Stocks That Are Too Cheap to Ignore Right Now The stock market is full of expensive and cheap stocks, but the hard part is determining which are still worth buying at their current price tag. "Cheap" and "expensive" in this context do not refer to the price per share but rather to the company's valuation. fool.com - 2 weeks ago
Adobe Dips 11% YTD: Should You Buy, Sell or Hold the Stock? ADBE shares are benefiting from strong demand for its creative products and expanding clientele amid increasing competition and stretched valuation. zacks.com - 2 weeks ago
Adobe Inc. (ADBE) Is a Trending Stock: Facts to Know Before Betting on It Recently, Zacks.com users have been paying close attention to Adobe (ADBE). This makes it worthwhile to examine what the stock has in store. zacks.com - 2 weeks ago
Should Investors Buy Adobe Stock Right Now? Investors are rightfully concerned about how Adobe's (ADBE -1.40%) management team will handle the threat and opportunity of artificial intelligence. fool.com - 2 weeks ago
Adobe: It's Time To Buy The Dip (Technical Analysis, Rating Upgrade) It's not surprising that near term technicals are bearish but the indicators suggest a bottom is near with bullish divergence signals. Despite the negative reaction, most recent earnings and guidance figures were actually quite fair. Cash from operations showed impressive growth. The major contraction in the P/CFO ratio leads me to conclude that the stock is undervalued at current levels. seekingalpha.com - 2 weeks ago
8. Profile Summary

Adobe Inc. ADBE

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 145 B
Dividend Yield 0.00%
Description Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.
Contact 345 Park Avenue, San Jose, CA, 95110-2704 https://www.adobe.com
IPO Date Aug. 13, 1986
Employees 30709
Officers Ms. Gloria Chen Chief People Officer and Interim Executive Vice President of Legal & Government Relations Mr. Steven Day Chief Financial Officer & SVice President - Digital Experience Business Unit, SVP of Corporate Finance and Interim Head of IR Mr. Shanmugh Natarajan MD of India & Vice President of Products Dr. Anil S. Chakravarthy President of Digital Experience Business Ms. Lara H. Balazs Chief Marketing Officer & Executive Vice President of Global Marketing Ms. Jillian Forusz Senior Vice President, Chief Accounting Officer & Corporate Controller Ms. Cynthia A. Stoddard Senior Vice President & Chief Information Officer Mr. Daniel J. Durn Chief Financial Officer and Executive Vice President of Finance, Technology, Security & Operations Mr. Shantanu Narayen Chairman & Chief Executive Officer Mr. David Wadhwani President of Digital Media Business