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Added to YB: 2026-01-12

Pitch date: 2026-01-09

ADBE [bullish]

Adobe Inc.

-0.04%

current return

Author Info

Company Info

Adobe Inc. operates as a technology company worldwide. Its Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content; Document Cloud, a cloud-based document services platform; and Creative Cloud, a subscription service that allows subscribers to use its creative products and applications (apps) integrated with cloud-delivered services across various surfaces and platforms.

Market Cap

$139.8B

Pitch Price

$327.77

Price Target

N/A

Dividend

N/A

EV/EBITDA

14.48

P/E

20.00

EV/Sales

5.88

Sector

Software

Category

value

Show full summary:
Bristlemoon Global Fund New Position: Adobe Inc.

ADBE (new position): Initiated at 15x earnings (13-year low) amid AI pessimism. Bull case: AI commoditizes creation but entrenches workflow value - Adobe remains essential studio for assembling/refining AI-generated content. Jevons paradox: lower content costs drive exponential demand for editing tools. Revenue growing double-digit, earnings mid-teens. Bear case assumes AI bypasses editing entirely.

Read full article (2 min)