Added to YB: 2024-07-11
Pitch date: 2024-07-05
ADBE [neutral]
Adobe Inc.
-54.78%
current return
Author Info
No bio for this author
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
$573.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.58
P/E
15.76
EV/Sales
4.55
Sector
Software
Category
growth
ClearBridge Large Cap Growth Strategy Portfolio Holding: Adobe Inc.
ADBE: Adobe raises guidance, proving marketing/design solutions critical despite AI competition. Growth investors acknowledge tech underweight as headwind in mega-cap momentum. Carefully adding IT purchases to close 800 bps sector gap. Long-term thesis remains strong despite short-term sentiment shifts.
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