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Added to YB: 2026-08-13

Pitch date: 2026-08-10

ADBE [bullish]

Adobe Inc.

-4.34%

current return

Author Info

No bio for this author

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

$108.5B

Pitch Price

$270.48

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.20

P/E

15.61

EV/Sales

4.36

Sector

Software

Category

value

Show full summary:
Phenom Capital Portfolio updates and Housekeeping: Added - Adobe Inc.

ADBE (added to position): Bought avg $204.44 when ADBE hit 10x GAAP fwd earnings; AI disruption fears overblown. Now +30% at 14x fwd, still historically cheap for scale, margins, growth. Negatives: poor capital allocation (buybacks at higher prices), heavy C-suite turnover. Cheap + moaty enough to hold.

Read full article (1 min)