Professional
Added to YB: 2024-06-06
Pitch date: 2024-05-09
ADBE [bullish]
Adobe Inc.
-26.28%
current return
Author Info
No bio for this author
Company Info
Adobe Inc. operates as a technology company worldwide. Its Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content; Document Cloud, a cloud-based document services platform; and Creative Cloud, a subscription service that allows subscribers to use its creative products and applications (apps) integrated with cloud-delivered services across various surfaces and platforms.
Market Cap
$143.6B
Pitch Price
$483.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.88
P/E
20.55
EV/Sales
6.05
Sector
Software
Category
growth
RiverPark Large Growth Fund Portfolio Holding: Adobe Inc.
ADBE: Unwarranted AI fears a buying opp for leading content creator. Rev +DD% for decade, mgmt sees AI driving growth across products. 40% EBITDA margins expanding to ~50%, FCF to 2x $7B in 5yrs. Expect +10% CAGR thru 2028 for 42yo digital media pioneer.
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