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Added to YB: 2024-08-30

Pitch date: 2024-06-30

ADBE [bullish]

Adobe Inc.

-35.36%

current return

Author Info

No bio for this author

Company Info

Adobe Inc. operates as a technology company worldwide. Its Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content; Document Cloud, a cloud-based document services platform; and Creative Cloud, a subscription service that allows subscribers to use its creative products and applications (apps) integrated with cloud-delivered services across various surfaces and platforms.

Market Cap

$143.6B

Pitch Price

$551.37

Price Target

N/A

Dividend

N/A

EV/EBITDA

14.88

P/E

20.55

EV/Sales

6.05

Sector

Software

Category

growth

Show full summary:
Harding Loevner Global Equity Portfolio Holding: Adobe Inc.

ADBE: Dominant graphic-design software provider facing AI competition from startups like Canva. Adobe's data, scale, copyright protections, and Firefly AI model give edge. Raised full-year forecasts as Firefly starts generating revenue.

Read full article (1 min)