US · ADBE
Adobe Inc.
- Sector
- Technology · Software - Infrastructure
- Headquarters
- San Jose, CA 95110-2704
- Website
- adobe.com
Price · as of 2025-11-28
$250.71
Market cap 109.84B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $346.59 | +38.24% |
| Intrinsic Value(DCF) | $258.38 | +3.06% |
| Graham-Dodd Method(GD) | $80.79 | -67.78% |
| Graham Formula(GF) | $305.78 | +21.97% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $32.21 | $56.40 | $13.64 | $12.26 | $31.23 |
| 2012 | $39.12 | $61.49 | $24.91 | $13.53 | $20.77 |
| 2013 | $62.88 | $64.41 | $7.99 | $6.79 | $0.28 |
| 2014 | $72.54 | $65.33 | $9.53 | $6.82 | $5.52 |
| 2015 | $79.20 | $74.64 | $10.75 | $9.59 | $29.10 |
| 2016 | $116.85 | $100.12 | $64.14 | $15.78 | $68.42 |
| 2017 | $187.99 | $150.33 | $251.32 | $22.50 | $109.30 |
| 2018 | $257.00 | $194.36 | $372.48 | $23.92 | $162.16 |
| 2019 | $366.09 | $228.89 | $592.22 | $30.02 | $187.52 |
| 2020 | $492.12 | $347.07 | $429.19 | $59.92 | $247.90 |
| 2021 | $473.97 | $366.87 | $467.43 | $55.01 | $300.72 |
| 2022 | $370.99 | $329.10 | $328.50 | $53.28 | $194.55 |
| 2023 | $627.21 | $438.39 | $334.78 | $67.51 | $212.45 |
| 2024 | $433.07 | $368.93 | $202.15 | $65.12 | $229.57 |
| 2025 | $268.38 | $346.59 | $218.22 | $80.79 | $305.78 |
AI valuation
Our deep-learning model estimates Adobe Inc.'s (ADBE) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $346.59
- Current price
- $250.71
- AI upside
- +38.24%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$258.38
+3.06% upside
Graham-Dodd
$80.79
-67.78% upside
Graham Formula
$305.78
+21.97% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| ADBE | Adobe Inc. | $250.71 | 109.84B | +38% | +3% | -68% | +22% | 16.04 | 9.84 | 4.81 | 11.73 | 45.67 | -66.12 | 88.61% | 36.63% | 30.00% | 55.43% | 59.35% | 23.88% | 0.57 | 33.10 | 1.00 | 0.88 | 0.12 | 3511.00% | 1053.00% | 2592.00% | 8.62% | 0.98 | 82.27% | 0.00% | 0.00% | 9.87% | 13.14 | 11.61 | 4.81 | 7.77 |
| ACN | Accenture plc | $208.72 | 129.44B | +17% | -45% | — | -10% | 20.00 | 4.92 | 2.20 | 11.61 | 322.26 | 24.58 | 31.91% | 14.68% | 11.02% | 25.82% | 28.21% | 12.66% | 0.26 | 44.74 | 1.42 | 1.30 | -0.25 | 621.00% | 736.00% | 2623.00% | 7.08% | 0.56 | 39.33% | 2.41% | 48.20% | 6.99% | 14.70 | 13.82 | 2.16 | 4.97 |
| ADI | Analog Devices, Inc. | $355.79 | 174.21B | -42% | -63% | — | -69% | 65.62 | 4.40 | 13.50 | 30.58 | 168.14 | -130.13 | 61.47% | 26.61% | 20.58% | 6.57% | 6.18% | 4.71% | 0.26 | 9.23 | 2.19 | 1.57 | 1.23 | 3902.00% | 1689.00% | 3705.00% | 2.88% | 1.48 | 10.79% | 1.29% | 84.90% | 2.75% | 52.44 | 35.94 | 13.96 | 7.13 |
| CRWD | CrowdStrike Holdings, Inc… | $371.98 | 93.78B | -40% | +29% | -98% | — | -5573.09 | 28.20 | 23.39 | 301.75 | — | 41.41 | 74.92% | -3.05% | -0.49% | -0.59% | 15.23% | -0.22% | 0.24 | -4.58 | 1.67 | 1.58 | -11.99 | -12127.00% | 2939.00% | 1494.00% | 1.15% | 0.40 | -337.55% | 0.00% | 0.00% | 1.03% | -738.66 | 83.30 | 22.50 | 10.86 |
| DELL | Dell Technologies Inc. | $147.95 | 99.16B | -21% | +913% | — | +51% | 17.90 | -43.02 | 0.94 | 17.38 | 54.91 | -4.00 | 20.00% | 7.18% | 5.23% | -300.40% | 36.04% | 6.56% | -12.75 | — | 0.91 | 0.46 | 2.75 | 3260.00% | 1880.00% | 35757.00% | 8.05% | 0.18 | 46.28% | 1.37% | 24.60% | 7.94% | 15.49 | 14.76 | 1.11 | 1.98 |
| FTNT | Fortinet, Inc. | $79.03 | 60.56B | +2% | +4% | -83% | -31% | 31.75 | 47.55 | 8.65 | 22.82 | 422.04 | 66.65 | 80.84% | 30.62% | 27.26% | 135.72% | -115.01% | 18.39% | 0.81 | 103.58 | 1.17 | 1.05 | -0.61 | 752.00% | 1417.00% | 1844.00% | 3.78% | 0.51 | -152.08% | 0.00% | 0.00% | 3.89% | 27.02 | 25.27 | 8.27 | 5.20 |
| KLAC | KLA Corporation | $1,524.55 | 200.31B | -61% | -57% | -95% | -38% | 29.56 | 25.58 | 9.88 | 22.78 | 59.41 | 48.89 | 62.32% | 43.11% | 33.41% | 100.78% | 76.58% | 25.79% | 1.30 | 17.34 | 2.62 | 1.70 | 0.75 | 4975.00% | 2389.00% | 2344.00% | 3.12% | 1.00 | 62.52% | 0.75% | 22.30% | 3.24% | 23.21 | 32.51 | 10.01 | 8.85 |
| PANW | Palo Alto Networks, Inc. | $148.92 | 103.8B | +3% | +12% | -91% | -74% | 121.85 | 17.66 | 14.98 | 69.86 | — | 55.37 | 73.41% | 13.48% | 12.30% | 17.45% | 19.21% | 5.21% | 0.04 | 414.30 | 0.89 | 0.82 | -0.99 | -5604.00% | 1487.00% | 1190.00% | 2.51% | 0.47 | 75.47% | 0.00% | 0.00% | 1.26% | 109.10 | 39.08 | 14.70 | 5.93 |
| SNPS | Synopsys, Inc. | $414.00 | 79.21B | -2% | -26% | -88% | -54% | 63.09 | 2.97 | 11.92 | 38.18 | — | -7.48 | 76.98% | 12.97% | 18.89% | 7.15% | 3.88% | 4.35% | 0.50 | 2.05 | 1.62 | 1.20 | 4.56 | -4459.00% | 1512.00% | 509.00% | 1.60% | 0.41 | 5.96% | 0.00% | 0.00% | 0.00% | 104.33 | 70.75 | 13.53 | 3.10 |
| SONY | Sony Group Corporation | $23.06 | 137.62B | -34% | -38% | -49% | -58% | 16.36 | 2.95 | 1.86 | 13.71 | 83.53 | 6.43 | 28.38% | 10.86% | 8.81% | 18.69% | 12.12% | 4.25% | 0.51 | 34.43 | 0.70 | 0.50 | 0.67 | 1959.00% | -49.00% | 12344.00% | 6.94% | 0.22 | 18.32% | 0.48% | 7.80% | 5.66% | 17.67 | 14.85 | 1.92 | 1.19 |
| TXN | Texas Instruments Incorpo… | $212.11 | 192.73B | -30% | -60% | — | -47% | 38.14 | 11.72 | 10.79 | 24.39 | 793.26 | 16.29 | 57.02% | 34.06% | 28.28% | 30.15% | 20.63% | 14.27% | 0.95 | 11.09 | 4.35 | 2.17 | 1.47 | 481.00% | 1305.00% | 7377.00% | 1.36% | 2.26 | 10.18% | 2.62% | 100.00% | 3.40% | 33.41 | 77.31 | 11.38 | 9.82 |
About Adobe Inc.
Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.
- CEO
- Shantanu Narayen
- Employees
- 30.71K
- Beta
- 1.51
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($258.38 ÷ $250.71) − 1 = +3.06% (DCF, example).