Adobe Inc.
- Open
- 285.00
- Day high
- 292.86
- Day low
- 283.84
- Prev close
- 279.79
- Volume
- 1.2M
- Mkt cap
- $111.2B
- P/E (TTM)
- 16.0
- EPS (TTM)
- $17.92
- P/B
- 9.7
- P/S
- 4.4
- Yield
- —
- Per share
- —
- ▲Insiders net buying $1.8M over the last 3 months (1 open-market buy, 1 sale)
- 🏛Institutions reducing (13F)
Adobe Inc. (ADBE) is a Technology company listed on NASDAQ. The stock is down 19% over the past year. Over the trailing 3 months, insiders filed 1 open-market buy and 1 sale (SEC Form 4). Drillr has 3 published research articles covering ADBE.
Adobe Inc. (ADBE) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 25 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
ADBE earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jun 11, 2026 | $5.82 | $5.96 | +2.4% | $6.6B | +2.5% |
| Mar 12, 2026 | $5.87 | $6.06 | +3.3% | $6.4B | +1.9% |
| Dec 10, 2025 | $5.40 | $5.50 | +1.8% | $6.2B | +1.3% |
| Sep 11, 2025 | $5.18 | $5.31 | +2.5% | $6.0B | +1.1% |
| Jun 12, 2025 | $4.97 | $5.06 | +1.8% | $5.9B | +1.2% |
| Mar 12, 2025 | $4.97 | $5.08 | +2.2% | $5.7B | +0.9% |
| Dec 11, 2024 | $4.67 | $4.81 | +3.1% | $5.6B | +1.1% |
| Sep 12, 2024 | $4.54 | $4.65 | +2.5% | $5.4B | +0.6% |
| Jun 13, 2024 | $4.39 | $4.48 | +1.9% | $5.3B | +0.3% |
| Mar 14, 2024 | $4.38 | $4.48 | +2.3% | $5.2B | +0.8% |
| Dec 13, 2023 | $4.13 | $4.27 | +3.4% | $5.0B | +0.7% |
| Sep 14, 2023 | $3.97 | $4.09 | +3.1% | $4.9B | +0.4% |
ADBE insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 17, 2026 | Day Stevenofficer: Interim CFO and SVP | Tax | 28 | $264.02 |
| Aug 17, 2026 | Day Stevenofficer: Interim CFO and SVP | Option | 58 | — |
| Jul 31, 2026 | Forusz Jillianofficer: SVP & CAO | Sell | 416 | $264.33 |
| Jul 17, 2026 | Wadhwani Davidofficer: President, C&P | Tax | 377 | $224.56 |
| Jul 17, 2026 | Day Stevenofficer: Interim CFO and SVP | Option | 153 | — |
| Jul 17, 2026 | Wadhwani Davidofficer: President, C&P | Option | 437 | — |
| Jul 17, 2026 | Chakravarthy Anilofficer: President, CXO | Option | 1,130 | — |
| Jul 17, 2026 | Forusz Jillianofficer: SVP & CAO | Option | 576 | — |
| Jul 17, 2026 | Pentland Adele Louiseofficer: Chief Legal Officer & EVP | Tax | 648 | $224.56 |
| Jul 17, 2026 | Wadhwani Davidofficer: President, C&P | Tax | 560 | $224.56 |
| Jul 17, 2026 | Forusz Jillianofficer: SVP & CAO | Tax | 20 | $224.56 |
| Jul 17, 2026 | Day Stevenofficer: Interim CFO and SVP | Tax | 31 | $224.56 |
| Jul 17, 2026 | Chen Gloriaofficer: EVP, Chief People Officer | Tax | 359 | $224.56 |
| Jul 17, 2026 | Chen Gloriaofficer: EVP, Chief People Officer | Grant | 31,662 | — |
| Jul 17, 2026 | Chen Gloriaofficer: EVP, Chief People Officer | Option | 725 | — |
Source: ADBE SEC Form 4 filings, latest Aug 17, 2026. For informational purposes only — not investment advice.
See the full ADBE insider & 13F page →ADBE research & analysis
[ADBE] Adobe Thesis 2026: Firefly Premium Tier Tests AI Monetization Against GenAI Competition
Adobe FY2025 (Nov 2025) revenue ~$23B (+10%) with adj. operating margin ~46.5% and adj. EPS ~$20.40. Digital Media ARR reached ~$18.7B (+11% YoY) with net new ARR ~$1.8B. Firefly generative AI integrated across Creative Cloud (Image Model 3, Video Model GA H2 FY2025, Vector Model, Generative Fill/Expand in Photoshop) plus Document Cloud (Acrobat AI Assistant). Firefly's commercial-safety positioning (trained on licensed Adobe Stock content with IP indemnification) differentiates from Midjourney/Stable Diffusion competitors. Buybacks accelerated to ~$11B post-Figma collapse (Dec 2023). FY2026 thesis: Firefly premium AI tier conversion at ~15-20% of Creative Cloud subscribers driving ~$700M-1.2B incremental ARR; Document Cloud AI Assistant attaches; Creative Cloud sustained 10-12% growth; key risks: GenAI competitive displacement at prosumer/SMB tier (Midjourney, Runway, OpenAI Sora video, Google Veo), Figma UX/Make platform encroachment.
AI Is Replacing High-Paid Jobs — MSFT Tops 6 Enterprise Stocks Ranked to Capture the Windfall
A UK study flags AI risks to high-paid jobs and taxes, spotlighting enterprise AI winners like MSFT and GOOGL automating professional roles. We rank six leaders by exposure and valuation, with Microsoft topping conviction amid Copilot's explosive growth.
MSFTGOOGLAMZNGold Hits $3,400: GLD, NEM, GOLD — Which Miners Have the Most Upside Left?
A UK study warns AI threatens high-paid jobs and tax revenue, spotlighting productivity opportunities for enterprise AI leaders. Microsoft, Salesforce, Adobe, Intuit, IBM, and Alphabet are automating professional roles with agents like Copilot and Firefly, backed by strong growth and margins. Ranked by conviction, MSFT and ADBE top the list amid accelerating adoption.
MSFTCRMIBM
Adobe Inc. company profile
Overview
Adobe Inc. (NASDAQ:ADBE) is a multinational software company founded in 1982 and headquartered in San Jose, California. Originally known for pioneering desktop publishing with products like PostScript and Acrobat, Adobe has evolved into one of the world's leading creative software companies. The company went public in 1986 and transformed its business model from perpetual software licenses to a subscription-based service in the 2010s. Today, Adobe operates as a diversified software company serving content creators, businesses, and enterprises worldwide through its three main business segments: Digital Media, Digital Experience, and Publishing and Advertising.
Business
Adobe operates in the creative and productivity software industry, providing tools and platforms that enable digital content creation, document management, and customer experience optimization. The company's business is organized into three primary segments: Digital Media segment represents approximately 73% of total revenue and includes two main offerings. Creative Cloud is Adobe's flagship subscription service that provides access to industry-standard creative applications including Photoshop (image editing), Illustrator (vector graphics), Premiere Pro (video editing), After Effects (motion graphics), and over 20 other creative tools. Creative Cloud serves photographers, designers, videographers, web developers, and marketing professionals who need professional-grade creative software. Document Cloud centers around Acrobat and PDF services, enabling users to create, edit, sign, and share documents digitally. This includes Acrobat Pro for professionals and Acrobat Reader for consumers, along with cloud-based document services. Digital Experience segment accounts for roughly 25% of revenue and provides enterprise software solutions for customer experience management. This includes Adobe Experience Platform (data management), Adobe Analytics (web analytics), Adobe Target (personalization), Adobe Campaign (marketing automation), and Adobe Commerce (e-commerce platform). These tools help large businesses and organizations analyze customer data, personalize experiences, and optimize marketing campaigns across digital channels. Publishing and Advertising segment represents the remaining 2% of revenue and includes legacy products like FrameMaker (technical publishing), Adobe Connect (web conferencing), and various printing and publishing solutions. This segment also encompasses advertising technology offerings, though these represent a smaller portion of Adobe's overall business focus. The company has been heavily investing in artificial intelligence capabilities through its Firefly generative AI platform, which integrates AI-powered content creation tools across all product lines. This technology enables users to generate images, graphics, and other creative content using text prompts, while maintaining commercial safety and intellectual property protections.
Risks & safety
Adobe demonstrates a strong margin of safety with solid financial fundamentals and manageable risk factors. Liquidity and Solvency: • Cash and short-term investments: $6.76 billion (Q1 2025) • Current ratio: 1.18, indicating adequate short-term liquidity • Debt-to-equity ratio: 0.031, representing minimal debt burden • Free cash flow: $2.46 billion (Q1 2025), demonstrating strong cash generation • No significant solvency concerns given strong recurring revenue base Valuation Metrics: • Price-to-earnings ratio: 26.4x (Q1 2025), reasonable for a growing SaaS company • EV/EBITDA: 18.8x, reflecting premium but not excessive valuation • Price-to-book ratio: 14.6x, elevated but typical for asset-light software companies • Graham number suggests potential overvaluation, but less relevant for growth companies Other Considerations: • Subscription model provides revenue predictability and visibility • Strong recurring revenue base (90%+ of revenue is recurring) reduces cyclical risk • Diversified customer base across creative professionals, enterprises, and consumers • Potential regulatory risks around AI technology and data privacy • Competition from emerging AI-powered creative tools could pressure growth • Currency exposure from international operations creates some volatility
Recent development
Over the past few years, Adobe has undergone a significant strategic transformation centered around artificial intelligence integration and market expansion. The company launched its Firefly generative AI platform in 2023, which has become a cornerstone of its innovation strategy. Firefly has generated over 16 billion images across Adobe's tools and is integrated into Creative Cloud applications like Photoshop, Illustrator, and Lightroom. The AI technology enables users to generate images, graphics, and video content using text prompts while maintaining commercial safety and intellectual property protections. Adobe has restructured its go-to-market approach around two primary customer segments: Creative and Marketing Professionals, and Business Professionals and Consumers. This segmentation has driven targeted product development, with the Business Professionals segment showing particularly strong growth at 15% year-over-year. The company launched Adobe Express as a simplified creative tool targeting small businesses, educators, and non-professional creators, expanding its addressable market beyond traditional creative professionals. The company has made significant investments in web and mobile applications, launching mobile versions of Photoshop and expanding web-based creative tools. This strategy aims to capture next-generation creators who prefer mobile-first workflows and may not have access to traditional desktop creative suites. In the enterprise space, Adobe introduced GenStudio, an integrated content creation and marketing platform that combines Creative Cloud and Experience Cloud capabilities. The company has also expanded its Firefly Services APIs, enabling enterprise customers to integrate Adobe's AI capabilities into their own applications and workflows. Document Cloud has seen substantial growth through the introduction of AI Assistant in Acrobat, which provides document summarization, question-answering, and content generation capabilities. This has driven 23% growth in monthly active users and represents a significant evolution of Adobe's document productivity offerings. The company has also focused on developing consumption-based pricing models alongside traditional subscriptions, particularly for AI-powered features. This includes generative credits for AI content creation and tiered subscription offerings that provide different levels of AI capabilities.
ADBE company profile · for informational purposes only — not investment advice.
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