Added to YB: 2026-03-18
Pitch date: 2026-03-16
ADBE [neutral]
Adobe Inc.
+0.48%
current return
Author Info
Summit Stocks shares weekly in-depth articles on the best stocks and insights into their portfolio. Sign up for the newsletter.
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
$102.7B
Pitch Price
$252.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.73
P/E
14.68
EV/Sales
4.19
Sector
Software
Category
value
Adobe: The AI Bear Case Still Isn’t Showing Up
ADBE (holding update): Q1 rev $6.4B (+12% YoY) beat guide, op cash flow $2.96B (+19%). Subscription rev accelerated to 13% growth. AI-first ARR tripled YoY, Firefly now $250M+ ARR. MAUs 850M (+17%), Express MAUs tripled, 99% Fortune 500 use Express. Bear cases (AI disruption, seat decline, pricing shift) fail to materialize. Stock business weakness offset by AI monetization. CEO transition announced. Q2 guide $6.43-6.48B (+10%) softer but FY reaffirmed. Trading 10x P/FCF ($8.3B adj for SBC).
Read full article (4 min)