Stock Analysis
Adobe Inc.ADBE
P/E 13.38×· 5Y range 10.88–56.91×· bottom 4% of history
Sector: Technology · Industry: Software—Application
AnalystsHold46 analystsP/E 13.4× sits at the 4th percentile of its 5.089664613278576-year history.
Cash covers 111% of debt · Q1 2026.
PMP Verdict
Strong business, attractive price
Strengths
- Profitability100
- Quality97
High-quality business at an attractive price.
Market context
-3.3% today· Z 1.6σ
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓Altman Z 6.0 — safe-zone balance sheet
- ✓ROE 63.7% — efficient capital deployment
- ✓Revenue CAGR 10.8% — durable top-line growth
- ✓Interest coverage 41.1× — debt well covered
What's happening with ADBE
Profile
Strong profitability, moat, earnings quality, valuation, growth and financial health.
How is each axis scored?
- Valuation90/100 · Strong
- P/E vs own history (4th pct)25/25
- FCF yield (11.2%)25/25
- P/S (3.6x)20/25
- EV/EBIT (10.1x)20/25
- Growth85/100 · Strong
- Revenue CAGR (10.8%)20/25
- Net income CAGR (10.3%)20/25
- EPS CAGR 5Y (13.6%)20/25
- Fwd implied growth (51.1%)25/25
- Profitability100/100 · Strong
- ROIC (68.0%)25/25
- ROE (63.7%)25/25
- Net margin (28.0%)25/25
- Operating margin (35.7%)25/25
- Financial Health81/100 · Strong
- Altman Z (6.04)25/25
- Current ratio (0.91)6/25
- Interest coverage (41.1x)25/25
- Net cash / debt (Net cash)25/25
- Quality97/100 · Strong
- Piotroski F (7/9)22/25
- Beneish M (-3.02)25/25
- FCF conversion (145%)25/25
- Margin stability (σ 4.8%)25/25
- Moat100/100 · Strong
- ROIC >12% years (10/10 yrs)25/25
- Median gross margin (87.2%)25/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 20.0%)25/25
Risk Flags
- ⚠SBC 8.0% of revenue — real dilution cost
About Adobe Inc.
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content across multiple operating systems, devices, and media. Show more
The company operates in three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
Headquarters: SAN JOSE, CA · Employees: 31,360 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
90A+P/E (TTM)13.3xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 10.9x–56.9x · 4th pct
P/FCF8.8xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield11.2%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 2.0%–13.1% · 96th pct
P/S (TTM)3.65xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 3.1x–22.0x · 3rd pct
EV/EBIT10.1xA
Grade A: CheapEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 8.8x–59.7x · 4th pct
EV/Sales3.7xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E8.8xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio8.28xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.91A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
100A+ROIC68.0%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE63.7%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA24.5%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin28.0%A
Grade A: HighNet Income / Revenue
Operating Margin35.7%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin89.3%A
Grade A: PremiumGross Profit / Revenue
FCF Margin40.8%A
Grade A: HighFCF / Revenue
True FCF Margin32.8%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
85ARevenue CAGR10.8%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR10.3%C
Grade C: OkCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)13.6%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth51.1%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-17.4%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income28.4%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue8.0%C
Grade C: MedTTM stock-based comp / TTM Revenue
Financial Health
81AAltman Z-Score6.04A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.91xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.67xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage41.1xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.54xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt1.11xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
97A+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-3.02A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion145.4%A
Grade A: StrongFCF / Net Income
Margin Stability4.8%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue0.8%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.87xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
NARAYEN SHANTANU Filed | NARAYEN SHANTANU | SellOpen market sale | -638 | |
NARAYEN SHANTANU Filed | NARAYEN SHANTANU | SellOpen market sale | -9978 | |
NARAYEN SHANTANU Filed | NARAYEN SHANTANU | SellOpen market sale | -17595 | |
NARAYEN SHANTANU Filed | NARAYEN SHANTANU | SellOpen market sale | -10313 | |
NARAYEN SHANTANU Filed | NARAYEN SHANTANU | SellOpen market sale | -7168 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
NARAYEN SHANTANU Filed | NARAYEN SHANTANU | SellOpen market sale | -3430 | |
NARAYEN SHANTANU Filed | NARAYEN SHANTANU | SellOpen market sale | -1378 | |
NARAYEN SHANTANU Filed | NARAYEN SHANTANU | SellOpen market sale | -930 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
100A+ROIC >12% Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)87.2%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor20.0%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$18.32
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$14.42
Cash & short-term investments per share (Finnhub)
Book Value / Share$30.09
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$6.23B
Total debt obligations (short + long term)
Cash & Equiv.$6.89B
Cash and short-term investments
Net Debt$-662.00MA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$11.43B
Shareholders' equity (book value)
Asset / Liability1.63xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$94.72B
Current Market Capitalization
Beta1.42C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Aug 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Adobe Inc. (ADBE)
ADBE is down 3.30% in after-hours trading. Adobe Inc. meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 6.04 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -3.02 suggests a low likelihood of earnings manipulation.
- Adobe Inc. converts about 41% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
- At a valuation score of 90/100, ADBE trades near the cheapest end of its own historical range (P/E 13.3).
- Return on equity of 63.7% is well above the market average.
See how ADBE ranks on the Capex Tracker — top 50 capital spenders compared.
Earnings
View earnings calendar →Recent Earnings Results
| Date | Time | EPS Est. | EPS Actual | Surprise | Rev Est. | Rev Actual |
|---|---|---|---|---|---|---|
| Sep 10, 2026 | After-Hrs | $6.20 | $6.13 | -1.1% | $6.8B | $6.8B |
Recent Market Moves
See all ADBE moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 249.78 | +3.78% | 2.12 |
| Oct 15 | After-hours | 250.21 | +3.96% | 2.21 |
Frequently Asked Questions about ADBE
What is the current Adobe Inc. (ADBE) stock price?
ADBE is trading at $243.38 in after-hours trading, down 3.30% on the session. PreMarketPrice tracks ADBE pre-market, intraday and after-hours prices.
Is ADBE stock a buy right now?
PreMarketPrice's quantitative model rates Adobe Inc.'s financial health at 81/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ADBE stock overvalued?
Adobe Inc. trades at a trailing P/E of 13.3 and our valuation score rates it 90/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Adobe Inc. report earnings?
No confirmed earnings date is currently scheduled for ADBE. The Earnings section lists recent reports and updates as dates are announced.
What sector does Adobe Inc. operate in?
Adobe Inc. operates in the Technology sector, within the Software—Application industry. The Related Stocks section lists sector peers for comparison.
What does Adobe Inc. do?
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content across multiple operating systems, devices, and media.
About Adobe Inc. (ADBE) Stock
Adobe Inc. (ADBE) is a US-listed stock operating in the Technology sector, specifically the Software—Application industry. As of the latest update, Adobe Inc. is trading at $243.38, down 3.30% on the day with a market capitalization of $94.7 billion. The financial health score for ADBE is 81/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ADBE stock.
ADBE Stock Analysis & Key Metrics
On PreMarketPrice, you can track Adobe Inc. (ADBE) across multiple dimensions:
- Pre-market price & movement: Real-time ADBE stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Earnings calendar: Upcoming and past earnings reports for ADBE, including EPS estimates, actual results, and surprise percentages.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ADBE with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Adobe Inc. across multiple reporting periods.
- Financial health score: A composite score of 81/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ADBE.
- Sector peers: Compare ADBE against 6 other technology stocks on key financial metrics.
Is ADBE a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Adobe Inc. (ADBE) as an investment. The financial health score of 81/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average. Earnings data reveals whether the company is meeting or beating analyst expectations.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Adobe Inc. (ADBE) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.