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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
$99.54B
Enterprise Value$105.64K
Total Cash (Recent Filing)$5.63B
Total Debt (Recent Filing)$7.07B
Price to Earnings (P/E)14.3
Beta0.89
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
$253.90Price Target Upside12.79% Upside
Rating ConsensusHold
Number of Analyst Covering28
EPS Forecast (FY)24.37
Revenue Forecast (FY)$26.51B
Bulls Say, Bears Say
Bulls Say
Recurring Subscription Revenue & ARR MomentumAdobe's large, growing ARR and subscription revenue provide durable, predictable cash flows and high visibility into future revenue. A $27.1B ARR book plus double-digit subscription revenue growth supports steady renewals, seat expansion and cross-sell across Creative, Document and Experience franchises.
Very High Margins And Cash GenerationAdobe's software economics deliver structural profitability: very high gross margins and robust net margins underpin strong operating leverage. Free cash flow historically tracks earnings closely (~98% of net income), supporting durable reinvestment, buybacks and flexibility even if growth moderates.
AI Traction And Product ExpansionRapid AI and Firefly ARR growth shows structural product innovation that can drive long‑term monetization and engagement. Combined with the SEMrush acquisition adding SEO capabilities and ~$480M ARR, Adobe is expanding addressable markets and embedding AI into core workflows for durable differentiation.
Bears Say
Freemium Pivot Creates ARR HeadwindPrioritizing freemium MAU to capture AI-driven engagement changes conversion timing and monetization cadence. Management expects an explicit ARR headwind and multi-quarter payback, which can depress ARR and subscription revenue growth rates and complicate multi-period forecasting through 2027.
Slowing Revenue And Cash‑flow MomentumA marked slowdown from ~10–11% annual growth to ~3% TTM and a sharp drop in FCF growth signal weakening top‑line expansion and cash momentum. Sustained deceleration would constrain reinvestment and optionality, making it harder to fund large AI initiatives or offset freemium payback timing without margin tradeoffs.
Leadership Transition And Retention RiskSenior finance and CEO transitions introduce execution and governance uncertainty during a major strategic pivot. Temporary retention packages and interim leadership can stabilize operations short term, but protracted searches or turnover risk slowing decision making and complicating execution of AI, product and go‑to‑market initiatives.
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 $99.54B.
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 39 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
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Analyst Consensus
Hold
Average Price Target:
$253.90 (12.79% Upside)
$253.90 (12.79% 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 $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
News Sentiment
Very Bullish
Bullish news 83%
Bearish news 17%
Bearish news 17%
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
$253.90
▲(12.79% Upside)
Technical Analysis
Ownership Overview
0.19% Insiders
19.21% Mutual Funds
3.97% Other Institutional Investors
43.61% Public Companies and Individual Investors