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Added to YB: 2026-03-02

Pitch date: 2026-02-26

ADBE [neutral]

Adobe Inc.

+3.3%

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

$105.8B

Pitch Price

$254.02

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.34

P/E

15.44

EV/Sales

4.45

Sector

Software

Category

growth

Show full summary:
Narrative, Meet Adobe

ADBE (holding update): Q4 rev $6.19B (+11% YoY), FY26 guide $26B (+10%). AI-influenced ARR >33% of bookings, up throughout 2025; generative credits tripled QoQ. MAUs +15% YoY. Enterprise customers ($10M+ ARR) +25% YoY. $7.9B FCF, $11B buybacks (10% yield). Trading 13.5x P/FCF. Bears wrong: switching costs high, low-end competition irrelevant, AI drives content surge not seat reduction.

Read full article (5 min)