<- Go home

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

Show full summary:
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.

Read full article (1 min)