ADBE Adobe Inc.
Adobe Inc. (ADBE) trend channel, buy level and 3-month target on Trade The Path. Sector: Technology. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. On this symbol, 3 comparable calls have settled; 100% reached the published sell target. Information only, not financial advice.
In the buy zone, falling on both timeframes
Price is sitting on the lower trend line — the level that has repeatedly held.
The next few months are read from the last 9 months, the stretch whose swings the lines actually follow, because the last 12 months alone do not contain enough turns to fit reliably (43% against 60%). The last 12 months stay as context: falling, −40% a year. The nearest ceiling overhead is US$290.83, from the last 12 months. What would overturn this: a close below US$248.78 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 9 months read from
- US$248.78 – US$297.88 Falling channel, −28% a year
- 12 months
- US$154.12 – US$290.83 Falling channel, −40% a year
- Position in that channel
- 4% 0% at the floor, 100% at the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call today because no target size has paid on this stock’s own record, so there is none to publish. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy at or below
US$248.89
level as at 17 Sept 2026
Our target
US$318.08
by 16 Dec 2026
Projected move
27.8%
gross, before costs
Price sits between our buy level and our target.
On this stock's own history these rules produced 3 settled calls, of which 3 reached target (100%), with an average best move of 8.9%. See the full record.
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 60%
- Fitted
- 16 Sept 2026
About Adobe Inc.
Adobe Inc. stands as a prominent global software provider, delivering a diverse range of solutions. Its operations are structured into three primary business divisions: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment empowers individuals, teams, and enterprises to generate, disseminate, and amplify various forms of content through its array of products and services, including the cloud-native Document Cloud platform. Central to this segment is Creative Cloud, its subscription-based flagship, granting access to a comprehensive suite of creative tools. This division caters to a diverse range of users, from professional content creators and marketers to educators, communicators, and general consumers. Adobe's Digital Experience division offers an integrated suite of applications and services designed to empower brands and businesses to craft, orchestrate, assess, and enhance customer journeys, from initial analytical insights to final commercial transactions. It serves a broad professional base including marketing teams, advertisers, agencies, data scientists, and senior executives. The Publishing and Advertising segment provides specialized offerings such as e-learning tools, technical documentation services, web conferencing solutions, advanced printing technologies, and its Advertising Cloud suite. Adobe engages directly with enterprise clients through its dedicated sales teams and regional offices. Individual end-users can access its offerings via app stores or its official website, adobe.com. Additionally, an extensive indirect channel supports distribution, encompassing partners such as distributors, value-added resellers, system integrators, software vendors, retailers, and original equipment manufacturers. Established in 1982, the company, initially named Adobe Systems Incorporated, rebranded as Adobe Inc. in October 2018. Its corporate headquarters are situated in San Jose, California.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Shantanu Narayen
- Employees
- 31,360
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- 62/100
- Profitability
- 98/100
- Financial health
- 67/100
- Cash generation
- 100/100
Key statistics
- Market cap
- US$100.26B
- Enterprise value
- US$96.30B
- Beta
- 1.42
- Avg volume
- 5.88M
- Revenue per share
- 65.75
- Dividend yield
- 0.00%
- 52-week range
- 190.12-370.86
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- 14.05
- PEG
- 1.22
- Price / sales
- 3.86
- Price / book
- 8.47
- EV / EBITDA
- 9.80
- Gross margin
- 88.98%
- Operating margin
- 35.70%
- Net margin
- 28.05%
- Current ratio
- 0.77
- Quick ratio
- 0.77
- Debt / equity
- 0.03
- Interest cover
- 4635.50
Income statement
| Year | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | US$23.77B | US$21.06B | US$8.71B | US$7.13B | US$16.70 |
| 2024 | US$21.50B | US$19.15B | US$6.74B | US$5.56B | US$12.36 |
| 2023 | US$19.41B | US$17.05B | US$6.65B | US$5.43B | US$11.83 |
| 2022 | US$17.61B | US$15.44B | US$6.10B | US$4.76B | US$10.10 |
| 2021 | US$15.79B | US$13.92B | US$5.80B | US$4.82B | US$10.02 |
Balance sheet
| Year | Total assets | Total liabilities | Total equity |
|---|---|---|---|
| 2025 | US$29.50B | US$17.87B | US$11.62B |
| 2024 | US$30.23B | US$16.13B | US$14.11B |
| 2023 | US$29.78B | US$13.26B | US$16.52B |
| 2022 | US$27.16B | US$13.11B | US$14.05B |
| 2021 | US$27.24B | US$12.44B | US$14.80B |
Cash flow
| Year | Operating cash flow | Free cash flow | Net income |
|---|---|---|---|
| 2025 | US$10.03B | US$9.85B | US$7.13B |
| 2024 | US$8.06B | US$7.82B | US$5.56B |
| 2023 | US$7.30B | US$6.94B | US$5.43B |
| 2022 | US$7.84B | US$7.40B | US$4.76B |
| 2021 | US$7.22B | US$6.89B | US$4.82B |
EPS forecasts
| Period | Est. EPS | Est. revenue | Analysts |
|---|---|---|---|
| 2025 | US$20.82 | US$23.69B | 26 |
| 2026 | US$24.45 | US$26.56B | 17 |
| 2027 | US$27.60 | US$29.00B | 23 |
| 2028 | US$31.55 | US$31.49B | 11 |
| 2029 | US$34.77 | US$34.43B | 9 |
| 2030 | US$34.84 | US$37.39B | 4 |
Analyst view
- Target (mean)
- US$269.84
- Target (high)
- US$379.00
- Target (low)
- US$190.00
- Strong buy
- 0
- Buy
- 30
- Hold
- 28
- Sell
- 6
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.