ADBE Adobe Inc.

Stock NASDAQ Technology

US$250.12 +0.83% Latest close

Trend channel, buy level and 3-month target. Information only, not financial advice.

Inside the channel · 12-month channel falling

Price is between the lines.

9-month channel
US$232.17 – US$307.92 · falling, −4% a year
12-month channel read from
US$138.74 – US$297.59 · falling, −29% a year
Price in channel
70% (0% = floor, 100% = ceiling)
Ceiling overhead
US$297.59
Turns bearish below
US$138.74

Price history, with the path projected 3 months forward

Updated 3:34 PM ET (20 h ago)

US$200.0US$400.0US$600.0Nov 23Apr 24Sept 24Feb 25July 25Dec 25May 26Oct 26 today BuyTarget Our buy US$245.2 · est. 2 Nov 26Our target US$264.8 · est. 15 Nov 26
  • 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

Suggested path

Buy at or below

US$245.23

level as at 2 Nov 2026

Our target

US$264.85

by 16 Nov 2026

Projected move

8.0%

gross, before costs

Price is between our buy and target.

Target: ADBE's usual move size (8.0%), the best return per day on this path.

This move size: reached in 39% of 22 past stretches, typically in 28 days. (0.29% per day)

7 settled calls · 3 reached target (42.9%) · average best move 10%. See the full record.

Upper line touches
2
Lower line touches
2
Fit confidence
70%
Fitted
1 Nov 2026

Company information

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

https://www.adobe.com

Scorecard

Our own scores from the fundamentals below (not Morningstar ratings).

Valuation
59/100
Profitability
98/100
Financial health
59/100
Cash generation
100/100

Key statistics

Market cap
US$102.68B
Enterprise value
US$105.08B
Beta
1.42
Avg volume
5.40M
Revenue per share
65.75
Dividend yield
0.00%
52-week range
190.12-363.7
Exchange
NASDAQ

Key ratios

P/E (TTM)
14.70
PEG
1.27
Price / sales
3.95
Price / book
8.86
EV / EBITDA
10.26
Gross margin
89.10%
Operating margin
35.70%
Net margin
28.05%
Current ratio
0.77
Quick ratio
0.77
Debt / equity
0.57
Interest cover
35.66

Income statement

YearRevenueGross profitOperating incomeNet incomeEPS
2025US$23.77BUS$21.22BUS$8.71BUS$7.13BUS$16.70
2024US$21.50BUS$19.15BUS$6.74BUS$5.56BUS$12.36
2023US$19.41BUS$17.05BUS$6.65BUS$5.43BUS$11.83
2022US$17.61BUS$15.44BUS$6.10BUS$4.76BUS$10.10
2021US$15.79BUS$13.92BUS$5.80BUS$4.82BUS$10.02

Balance sheet

YearTotal assetsTotal liabilitiesTotal equity
2025US$29.50BUS$17.87BUS$11.62B
2024US$30.23BUS$16.13BUS$14.11B
2023US$29.78BUS$13.26BUS$16.52B
2022US$27.16BUS$13.11BUS$14.05B
2021US$27.24BUS$12.44BUS$14.80B

Cash flow

YearOperating cash flowFree cash flowNet income
2025US$10.03BUS$9.85BUS$7.13B
2024US$8.06BUS$7.87BUS$5.56B
2023US$7.30BUS$6.94BUS$5.43B
2022US$7.84BUS$7.40BUS$4.76B
2021US$7.22BUS$6.89BUS$4.82B

EPS forecasts

PeriodEst. EPSEst. revenueAnalysts
2025US$20.82US$23.69B26
2026US$24.48US$26.61B23
2027US$27.73US$29.08B24
2028US$31.42US$31.61B15
2029US$37.26US$34.43B11
2030US$34.84US$37.39B6

Analyst view

Target (mean)
US$260.61
Target (high)
US$379.00
Target (low)
US$190.00
Strong buy
0
Buy
28
Hold
29
Sell
7

Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.