Added to YB: 2026-07-30
Pitch date: 2026-07-28
ADBE [neutral]
Adobe Inc.
-0.46%
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
$98.9B
Pitch Price
$249.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.17
P/E
13.89
EV/Sales
3.85
Sector
Software
Category
value
Under the Hood - Adobe Inc. ($ADBE)
ADBE (pass): Elite software biz—90% GM, 40%+ FCF margin, FY25 rev $23.77B, NI $7.13B, FCF $9.85B, ~25% ROIC. Screens cheap at ~$225 on trailing FCF/share ($23.07). But GenAI breaks the seat/output link; credit monetization only ~2% of ARR. CEO/CFO both departing. Too uncertain to underwrite—Pass.
Read full article (17 min)