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Added to YB: 2025-12-13

Pitch date: 2025-12-05

ADBE [bullish]

Adobe Inc.

+2.59%

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

$347.44

Price Target

550.00 (+54%)

Dividend

N/A

EV/EBITDA

14.88

P/E

20.55

EV/Sales

6.05

Sector

Software

Category

value

Show full summary:
Long: $ADBE

ADBE: AI overestimation drove 40% decline to 11-12x EV/EBITDA (10yr low). AI augments vs replaces workflows - 95%+ enterprise retention, Firefly +32% QoQ, 99% Fortune 100 using Adobe AI. Indemnification moat matters for enterprise. 15x fwd FCF for 90% recurring rev, 89% margins. Narrative shift to 'steady compounder' = 40-75% upside to $440-550.

Read full article (2 min)