Professional
Added to YB: 2024-08-30
Pitch date: 2024-06-30
ADBE [bullish]
Adobe Inc.
-52.99%
current return
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
$108.0B
Pitch Price
$551.37
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.58
P/E
15.76
EV/Sales
4.55
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)