Professional
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
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.
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