(ADBE) Adobe Systems - Overview
Sector: TechnologyIndustry: Software - Application | Exchange NASDAQ (USA) | Currency USD | Market Cap: 101.866m | Total Return -41.2% in 12m
Stock: Creative Software, Marketing Tools, Document Management
Total Rating 63
Risk 87
Buy Signal -0.65
| Risk 5d forecast | |
|---|---|
| Volatility | 34.7% |
| Relative Tail Risk | -13.3% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.71 |
| Alpha | -56.57 |
| Character TTM | |
|---|---|
| Beta | 1.086 |
| Beta Downside | 1.550 |
| Drawdowns 3y | |
|---|---|
| Max DD | 62.62% |
| CAGR/Max DD | -0.23 |
EPS (Earnings per Share)
Revenue
Description: ADBE Adobe Systems March 04, 2026
Adobe Inc. is a technology company with three operational segments: Digital Media, Digital Experience, and Publishing and Advertising.
The Digital Media segment focuses on content creation, publishing, and promotion. This segment serves a broad user base, including creative professionals and consumers. This business model often involves recurring subscription revenue.
The Digital Experience segment provides a platform for managing and optimizing customer experiences, from analytics to commerce. This segment targets marketers, advertisers, and business executives. The software-as-a-service (SaaS) model is prevalent in this sector.
The Publishing and Advertising segment offers solutions for e-learning, technical documentation, web conferencing, and advertising. Adobe also provides consulting and support services.
Adobe distributes its products through various channels, including direct sales, app stores, and partners. The company recently formed a strategic alliance for generative AI development. Further research on ValueRay can provide a deeper understanding of Adobes financial health and market position.
Headlines to watch out for
- Creative Cloud subscription growth drives Digital Media revenue
- Enterprise adoption of Experience Cloud boosts Digital Experience sales
- Generative AI integration expands product capabilities and market share
- Regulatory scrutiny on data privacy impacts Digital Experience segment
- Economic downturn reduces software spending by businesses and consumers
Piotroski VR‑10 (Strict, 0-10) 9.0
| Net Income: 7.21b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.35 > 0.02 and ΔFCF/TA 4.08 > 1.0 |
| NWC/Revenue: -4.11% < 20% (prev 7.68%; Δ -11.78% < -1%) |
| CFO/TA 0.35 > 3% & CFO 10.51b > Net Income 7.21b |
| Net Debt (324.0m) to EBITDA (9.88b): 0.03 < 3 |
| Current Ratio: 0.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (411.0m) vs 12m ago -6.16% < -2% |
| Gross Margin: 89.10% > 18% (prev 0.89%; Δ 8.82k% > 0.5%) |
| Asset Turnover: 81.98% > 50% (prev 73.57%; Δ 8.41% > 0%) |
| Interest Coverage Ratio: 65.98 > 6 (EBITDA TTM 9.88b / Interest Expense TTM 138.0m) |
Altman Z'' 9.70
| A: -0.03 (Total Current Assets 10.39b - Total Current Liabilities 11.39b) / Total Assets 29.70b |
| B: 1.59 (Retained Earnings 47.17b / Total Assets 29.70b) |
| C: 0.31 (EBIT TTM 9.11b / Avg Total Assets 29.83b) |
| D: 2.57 (Book Value of Equity 46.88b / Total Liabilities 18.27b) |
| Altman-Z'' Score: 9.70 = AAA |
Beneish M -3.08
| DSRI: 0.96 (Receivables 2.09b/1.97b, Revenue 24.45b/22.04b) |
| GMI: 1.00 (GM 89.10% / 89.15%) |
| AQI: 1.02 (AQ_t 0.58 / AQ_t-1 0.57) |
| SGI: 1.11 (Revenue 24.45b / 22.04b) |
| TATA: -0.11 (NI 7.21b - CFO 10.51b) / TA 29.70b) |
| Beneish M-Score: -3.08 (Cap -4..+1) = AA |
What is the price of ADBE shares?
As of March 26, 2026, the stock is trading at USD 237.25 with a total of 5,436,100 shares traded.
Over the past week, the price has changed by -3.56%, over one month by -7.97%, over three months by -32.94% and over the past year by -41.22%.
Over the past week, the price has changed by -3.56%, over one month by -7.97%, over three months by -32.94% and over the past year by -41.22%.
Is ADBE a buy, sell or hold?
Adobe Systems has received a consensus analysts rating of 4.16.
Therefore, it is recommended to buy ADBE.
- StrongBuy: 19
- Buy: 6
- Hold: 13
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the ADBE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 328.2 | 38.3% |
| Analysts Target Price | 328.2 | 38.3% |
ADBE Fundamental Data Overview March 22, 2026
P/E Trailing = 14.3274
P/E Forward = 10.5932
P/S = 4.1658
P/B = 8.8476
P/EG = 0.7064
Revenue TTM = 24.45b USD
EBIT TTM = 9.11b USD
EBITDA TTM = 9.88b USD
Long Term Debt = 6.21b USD (from longTermDebt, last fiscal year)
Short Term Debt = 933.0m USD (from shortTermDebt, last quarter)
Debt = 6.66b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 324.0m USD (from netDebt column, last quarter)
Enterprise Value = 101.63b USD (101.87b + Debt 6.66b - CCE 6.89b)
Interest Coverage Ratio = 65.98 (Ebit TTM 9.11b / Interest Expense TTM 138.0m)
EV/FCF = 9.85x (Enterprise Value 101.63b / FCF TTM 10.32b)
FCF Yield = 10.15% (FCF TTM 10.32b / Enterprise Value 101.63b)
FCF Margin = 42.19% (FCF TTM 10.32b / Revenue TTM 24.45b)
Net Margin = 29.48% (Net Income TTM 7.21b / Revenue TTM 24.45b)
Gross Margin = 89.10% ((Revenue TTM 24.45b - Cost of Revenue TTM 2.67b) / Revenue TTM)
Gross Margin QoQ = 89.07% (prev 88.92%)
Tobins Q-Ratio = 3.42 (Enterprise Value 101.63b / Total Assets 29.70b)
Interest Expense / Debt = -0.95% (Interest Expense -63.0m / Debt 6.66b)
Taxrate = 22.01% (533.0m / 2.42b)
NOPAT = 7.10b (EBIT 9.11b * (1 - 22.01%))
Current Ratio = 0.91 (Total Current Assets 10.39b / Total Current Liabilities 11.39b)
Debt / Equity = 0.58 (Debt 6.66b / totalStockholderEquity, last quarter 11.43b)
Debt / EBITDA = 0.03 (Net Debt 324.0m / EBITDA 9.88b)
Debt / FCF = 0.03 (Net Debt 324.0m / FCF TTM 10.32b)
Total Stockholder Equity = 11.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 24.16% (Net Income 7.21b / Total Assets 29.70b)
RoE = 62.31% (Net Income TTM 7.21b / Total Stockholder Equity 11.57b)
RoCE = 51.21% (EBIT 9.11b / Capital Employed (Equity 11.57b + L.T.Debt 6.21b))
RoIC = 39.88% (NOPAT 7.10b / Invested Capital 17.81b)
WACC = 9.15% (E(101.87b)/V(108.52b) * Re(9.80%) + D(6.66b)/V(108.52b) * Rd(-0.95%) * (1-Tc(0.22)))
Discount Rate = 9.80% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.68%
[DCF] Terminal Value 75.70% ; FCFF base≈9.86b ; Y1≈10.75b ; Y5≈13.54b
[DCF] Fair Price = 473.2 (EV 193.22b - Net Debt 324.0m = Equity 192.90b / Shares 407.6m; r=9.15% [WACC]; 5y FCF grow 10.21% → 3.0% )
EPS Correlation: 84.44 | EPS CAGR: 17.12% | SUE: 4.0 | # QB: 12
Revenue Correlation: 99.90 | Revenue CAGR: 10.59% | SUE: 0.65 | # QB: 0
EPS next Quarter (2026-05-31): EPS=5.83 | Chg7d=+0.148 | Chg30d=+0.152 | Revisions Net=+26 | Analysts=27
EPS current Year (2026-11-30): EPS=23.55 | Chg7d=+0.057 | Chg30d=+0.058 | Revisions Net=+9 | Growth EPS=+12.4% | Growth Revenue=+9.7%
EPS next Year (2027-11-30): EPS=26.36 | Chg7d=-0.056 | Chg30d=-0.069 | Revisions Net=+8 | Growth EPS=+11.9% | Growth Revenue=+8.8%
[Analyst] Revisions Ratio: +1.00 (26 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.8% (Discount Rate 9.8% - Earnings Yield 7.0%)
[Growth] Growth Spread = +7.1% (Analyst 9.9% - Implied 2.8%)
P/E Forward = 10.5932
P/S = 4.1658
P/B = 8.8476
P/EG = 0.7064
Revenue TTM = 24.45b USD
EBIT TTM = 9.11b USD
EBITDA TTM = 9.88b USD
Long Term Debt = 6.21b USD (from longTermDebt, last fiscal year)
Short Term Debt = 933.0m USD (from shortTermDebt, last quarter)
Debt = 6.66b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 324.0m USD (from netDebt column, last quarter)
Enterprise Value = 101.63b USD (101.87b + Debt 6.66b - CCE 6.89b)
Interest Coverage Ratio = 65.98 (Ebit TTM 9.11b / Interest Expense TTM 138.0m)
EV/FCF = 9.85x (Enterprise Value 101.63b / FCF TTM 10.32b)
FCF Yield = 10.15% (FCF TTM 10.32b / Enterprise Value 101.63b)
FCF Margin = 42.19% (FCF TTM 10.32b / Revenue TTM 24.45b)
Net Margin = 29.48% (Net Income TTM 7.21b / Revenue TTM 24.45b)
Gross Margin = 89.10% ((Revenue TTM 24.45b - Cost of Revenue TTM 2.67b) / Revenue TTM)
Gross Margin QoQ = 89.07% (prev 88.92%)
Tobins Q-Ratio = 3.42 (Enterprise Value 101.63b / Total Assets 29.70b)
Interest Expense / Debt = -0.95% (Interest Expense -63.0m / Debt 6.66b)
Taxrate = 22.01% (533.0m / 2.42b)
NOPAT = 7.10b (EBIT 9.11b * (1 - 22.01%))
Current Ratio = 0.91 (Total Current Assets 10.39b / Total Current Liabilities 11.39b)
Debt / Equity = 0.58 (Debt 6.66b / totalStockholderEquity, last quarter 11.43b)
Debt / EBITDA = 0.03 (Net Debt 324.0m / EBITDA 9.88b)
Debt / FCF = 0.03 (Net Debt 324.0m / FCF TTM 10.32b)
Total Stockholder Equity = 11.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 24.16% (Net Income 7.21b / Total Assets 29.70b)
RoE = 62.31% (Net Income TTM 7.21b / Total Stockholder Equity 11.57b)
RoCE = 51.21% (EBIT 9.11b / Capital Employed (Equity 11.57b + L.T.Debt 6.21b))
RoIC = 39.88% (NOPAT 7.10b / Invested Capital 17.81b)
WACC = 9.15% (E(101.87b)/V(108.52b) * Re(9.80%) + D(6.66b)/V(108.52b) * Rd(-0.95%) * (1-Tc(0.22)))
Discount Rate = 9.80% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.68%
[DCF] Terminal Value 75.70% ; FCFF base≈9.86b ; Y1≈10.75b ; Y5≈13.54b
[DCF] Fair Price = 473.2 (EV 193.22b - Net Debt 324.0m = Equity 192.90b / Shares 407.6m; r=9.15% [WACC]; 5y FCF grow 10.21% → 3.0% )
EPS Correlation: 84.44 | EPS CAGR: 17.12% | SUE: 4.0 | # QB: 12
Revenue Correlation: 99.90 | Revenue CAGR: 10.59% | SUE: 0.65 | # QB: 0
EPS next Quarter (2026-05-31): EPS=5.83 | Chg7d=+0.148 | Chg30d=+0.152 | Revisions Net=+26 | Analysts=27
EPS current Year (2026-11-30): EPS=23.55 | Chg7d=+0.057 | Chg30d=+0.058 | Revisions Net=+9 | Growth EPS=+12.4% | Growth Revenue=+9.7%
EPS next Year (2027-11-30): EPS=26.36 | Chg7d=-0.056 | Chg30d=-0.069 | Revisions Net=+8 | Growth EPS=+11.9% | Growth Revenue=+8.8%
[Analyst] Revisions Ratio: +1.00 (26 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.8% (Discount Rate 9.8% - Earnings Yield 7.0%)
[Growth] Growth Spread = +7.1% (Analyst 9.9% - Implied 2.8%)