Want to see ADBE full AI Analyst Report?
ADBE Stock Chart & Stats
$225.11
$12.94(6.10%)
At close: 4:00 PM EDT
$225.11
$12.94(6.10%)
Day’s Range― - ―
52-Week Range$190.12 - $370.86
Previous CloseN/A
Volume4.72M
Average Volume (3M)7.06M
Market Cap
$102.85B
Enterprise Value$105.64K
Total Cash (Recent Filing)$5.63B
Total Debt (Recent Filing)$7.07B
Price to Earnings (P/E)15.5
Beta0.91
Next Earnings
Sep 10, 2026EPS Estimate
6.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)17.50
Shares Outstanding397,500,000
10 Day Avg. Volume5,188,507
30 Day Avg. Volume7,056,580
Financial Highlights & Ratios
PEG Ratio0.55
Price to Book (P/B)11.73
Price to Sales (P/S)5.74
P/FCF Ratio13.84
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$253.75Price Target Upside12.72% Upside
Rating ConsensusHold
Number of Analyst Covering29
EPS Forecast (FY)24.37
Revenue Forecast (FY)$26.51B
Bulls Say, Bears Say
Bulls Say
Subscription Scale And ARR BaseAdobe's large, growing ARR and subscription revenue reflect a durable, recurring-business model with broad seat and enterprise footprints. A $27.1B ARR base supports predictable cash flows, cross-sell opportunities and enterprise contract leverage that underpin sustainable revenue and lower churn risk over months.
High Margins And Strong Cash ConversionPersistent high gross margins and near parity between free cash flow and earnings provide durable internal funding for R&D, AI investments, and buybacks. Strong cash conversion and a multi‑billion cash balance enhance financial flexibility to invest in product and M&A without relying on external financing.
AI Traction And Strategic Product ExpansionRapid AI monetization and product breadth materially expand Adobe's addressable market and stickiness. Firefly/GenStudio growth plus SEMrush SEO capabilities accelerate enterprise workflows and content-to-commerce synergy, creating structural revenue diversification and long‑term upsell avenues.
Bears Say
Freemium Pivot And Deferred Price OptimizationsPrioritizing MAU growth via freemium and deferring price/line optimizations is a structural strategic change that sacrifices near‑term ARR and monetization. Over 2–6 months this reduces revenue visibility, lengthens payback on customer acquisition, and may press unit economics before expected 2027 payback.
Decelerating TTM Revenue And FCF GrowthA meaningful slowdown in trailing revenue growth and sharply negative TTM FCF growth signal a weakening momentum phase. If sustained beyond a few quarters, slower growth can constrain reinvestment, slow ARR expansion, and pressure margin expansion or capital returns despite high absolute cash levels.
Executive Transition And Retention RisksKey leadership changes, interim finance leadership and temporary retention packages increase execution risk for integration, AI monetization and the freemium pivot. Over the next several months, uncertainty could slow decision cadence and complicate large strategic initiatives or M&A integration.
Adobe News
ADBE FAQ
What was Adobe Systems Incorporated’s price range in the past 12 months?
Adobe Systems Incorporated lowest stock price was $190.12 and its highest was $370.86 in the past 12 months.
What is Adobe Systems Incorporated’s market cap?
Adobe Systems Incorporated’s market cap is $102.85B.
When is Adobe Systems Incorporated’s upcoming earnings report date?
Adobe Systems Incorporated’s upcoming earnings report date is Sep 10, 2026 which is in 27 days.
How were Adobe Systems Incorporated’s earnings last quarter?
Adobe Systems Incorporated released its earnings results on Jun 11, 2026. The company reported $5.96 earnings per share for the quarter, beating the consensus estimate of $5.816 by $0.144.
Is Adobe Systems Incorporated overvalued?
According to Wall Street analysts Adobe Systems Incorporated’s price is currently Undervalued.
Does Adobe Systems Incorporated pay dividends?
Adobe Systems Incorporated does not currently pay dividends.
What is Adobe Systems Incorporated’s EPS estimate?
Adobe Systems Incorporated’s EPS estimate is 6.07.
How many shares outstanding does Adobe Systems Incorporated have?
Adobe Systems Incorporated has 397,500,000 shares outstanding.
What happened to Adobe Systems Incorporated’s price movement after its last earnings report?
Adobe Systems Incorporated reported an EPS of $5.96 in its last earnings report, beating expectations of $5.816. Following the earnings report the stock price went down -6.755%.
Which hedge fund is a major shareholder of Adobe Systems Incorporated?
Currently, no hedge funds are holding shares in ADBE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Adobe Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$253.75 (12.72% Upside)
$253.75 (12.72% Upside)
Blogger Sentiment
Bullish
ADBE Sentiment 83%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 6.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.9%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-39.43%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
6.50%
Trailing 12-Months
Company Description
Adobe Systems Incorporated
Adobe Inc. (ADBE) is a software company that provides cloud-based applications and services for digital media creation, document management, and digital experience/marketing workflows. Its products are organized primarily across Creative Cloud (tools for design, video, photography, and content creation), Document Cloud (PDF creation, editing, signing, and workflow via Acrobat and related services), and Experience Cloud (enterprise marketing, analytics, commerce, and customer experience management). Adobe sells its offerings to individuals, small businesses, enterprises, and public-sector customers globally through direct and partner channels.
ADBE Company Deck
ADBE Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong operating and financial positives — record revenue, ARR growth, large MAU and traffic gains, rapid AI‑first and Firefly ARR traction, sizable SEMrush acquisition, and healthy cash flow and buybacks. Management also articulated a strategic pivot to aggressively grow freemium MAU to capture the AI‑driven opportunity. That pivot and the decision to defer Creative Cloud pricing/line optimizations create an explicit near‑term ARR headwind, plus a small non‑cash impairment and leadership transitions add short‑term risk. On balance, the fundamental business momentum, AI traction, and raised financial targets outweigh the near‑term trade‑offs and risks.View all ADBE earnings summariesADBE Revenue Breakdown
73.77% Digital Media
24.95% Digital Experience
1.28% Publishing and Advertising
ADBE Stock 12 Month Forecast
Average Price Target
$253.75
▲(12.72% Upside)
Technical Analysis
Ownership Overview
0.19% Insiders
19.21% Mutual Funds
10.29% Other Institutional Investors
37.30% Public Companies and Individual Investors