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Added to YB: 2026-02-02

Pitch date: 2026-01-30

ADBE [bullish]

Adobe Inc.

-12.73%

current return

Author Info

Company Info

Adobe Inc. operates as a technology company worldwide. The Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content.

Market Cap

$108.0B

Pitch Price

$297.01

Price Target

323.00 (+25%)

Dividend

N/A

EV/EBITDA

11.58

P/E

15.76

EV/Sales

4.55

Sector

Software

Category

value

Show full summary:
Adobe Inc. - $ADBE

ADBE: Strong fundamentals w/ $9.85B FCF, 18x PE. AI-powered Firefly drives ARPU growth via usage-based model vs traditional seats. Bull: 10%+ share buybacks, copyright-safe AI, high switching costs, $10B+ op cash flow. Bear: seat model disruption, design democratization, AI compute margin compression to 45%, pricing pressure, FTC regulatory risk. DCF suggests $323 fair value vs $290 current.

Read full article (9 min)