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Added to YB: 2026-09-18

Pitch date: 2026-09-15

ADBE [bullish]

Adobe Inc.

Author Info

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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

$102.5B

Pitch Price

N/A

Price Target

533.00

Dividend

N/A

EV/EBITDA

10.53

P/E

14.39

EV/Sales

3.99

Sector

Software

Category

value

Show full summary:
Adobe: The Cheapest Software Giant on the Market

ADBE (hold): Hold Adobe as a satellite value position rather than adding above the $168-$240 accumulation zone; at $252, it is only 5% above the $240 bear-case fair value. The 9.4x forward P/E discounts significant deterioration despite ~$10.6B of FCF and 39% ROIC, but estimated organic ARR growth has slowed to ~9% and non-GAAP operating margin fell to 44%, leaving paid conversion and margin stabilization unproven.

Read full article (19 min)