Added to YB: 2025-03-19
Pitch date: 2025-03-18
ADBE [neutral]
Adobe Inc.
-34.23%
current return
Author Info
@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.
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
$108.0B
Pitch Price
$394.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.58
P/E
15.76
EV/Sales
4.55
Sector
Software
Category
value
Adobe's Q1 Performance Solid, But AI & Canva Threats Cloud Long-Term Valuation
ADBE (earnings overview): In-line Q1, AI rev 125m (0.5% of total). Mature growth/margins, value on GAAP. 18-25x CY25/26 GAAP EPS implies -28% to +14%. AI/competition concerns vs strong creative suite. Bear case: AI peers, Canva threat, macro risks. Bull case: AI solutions, Express defense, growth/margin persistence.
Read full article (2 min)