ADBE Stock Analysis & Forecast (2026)

$286.08
Current Price
88%
Strong Buy
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Data refreshed: September 01, 2026

Key Financial Metrics

Market Cap
$113.72B
P/E Ratio (TTM)
16.4x
P/E Forward
10.4x
Revenue Growth
12.7%
Gross Margin
89.4%
Net Margin
28.7%
Return on Equity
63.0%
Debt/Equity
0.61

AI Analysis Summary

Adobe Inc. (ADBE) is a Technology company in the Software - Application industry with a 88% Strong Buy Score. Key strengths include Revenue Growth (12.7%), Gross Margin (89.4%), Net Margin (28.7%). The score on this page is a five-factor screen — revenue growth, gross margin, net margin, return on equity and debt-to-equity — each scored against fixed thresholds from a neutral starting point of 50%. The eight-section analysis, including moat, free cash flow, dilution and valuation, runs in the full report.

Revenue Growth: Good Gross Margin: Excellent Net Margin: Excellent Return on Equity: Excellent Debt/Equity: Elevated

This analysis is generated by StrongBuyAnalytics AI using publicly available financial data from SEC filings, earnings reports, and market feeds. It is not personalized investment advice. See our methodology and disclaimer.

Why ADBE Has a 88% Score

4 of the inputs in our model moved ADBE's score away from the neutral baseline of 50%, landing it at 88% (Strong Buy). Each one below is a specific figure from Adobe Inc.'s reported financials, not a judgement call:

Recent Catalysts for ADBE

3 data points sit outside the score itself but bear on Adobe Inc.'s next few quarters. They are reported here as observations, not predictions:

Wall Street consensus target is $272.22 (-4.8% from current price), based on 34 analyst estimates.
Analyst consensus recommendation: Hold.
Institutional ownership at 86.9% — strong smart-money backing.

ADBE vs. SNOW, NOW, DDOG, UBER

Compared against other Software - Application companies we cover, picked for having a similar market capitalisation to ADBE.

Ticker Price Market Cap P/E Rev Growth Net Margin ROE
ADBE $286.08 $113.72B 16.4x 12.7% 28.7% 63.0%
SNOW $319.96 $110.90B 33.5% -23.8% -54.9%
NOW $142.89 $147.73B 89.3x 24.0% 11.3% 14.2%
DDOG $224.03 $80.44B 448.1x 35.6% 4.5% 4.7%
UBER $75.25 $153.70B 16.5x 12.2% 17.3% 37.2%

Main Risks for ADBE Investors

2 measurable risks showed up in Adobe Inc.'s numbers. This is not a complete list of what could go wrong — only what is visible in the data we score:

High beta of 1.40 means the stock is 40% more volatile than the market — expect larger drawdowns in corrections.
Short interest is elevated with a 3.4-day cover ratio, indicating bearish bets against the stock.

ADBE Balance Sheet & Cash Flow

Adobe Inc.'s liquidity and cash generation as of the most recent filing — note the cash position of $5.63B against $7.08B of debt:

Total Cash
$5.63B
Total Debt
$7.08B
Current Ratio
0.75
FCF Yield
8.1%
EBITDA
$9.73B
Operating Margin
35.3%

Figures are drawn from Adobe Inc.'s most recent balance sheet and cash flow statement as filed with the SEC. See the filings themselves.

ADBE Valuation Snapshot

Trailing P/E
16.4x
Fairly valued
Forward P/E
10.4x
Earnings growth expected
Price / Book
9.9x
High intangible value
PEG Ratio
0.71
Undervalued vs growth
Analyst Target (Mean)
$272.22
Range: $190 – $380
52-Week Price Range — ADBE is trading at 53% of its range
$190.12 (52W Low) $370.86 (52W High)

Who Holds ADBE? — Institutional 13F Filings

Institutional investment managers with >$100 M in qualifying assets must disclose their equity positions quarterly on SEC Form 13F — typically within 45 days of quarter-end. Search those filings below to see which hedge funds, mutual funds, and asset managers reported ADBE as a holding, how many shares they held, and how positions changed quarter over quarter.

Search 13F Filings for ADBE Free · no sign-in required · live SEC EDGAR data
What you see free
Which institutions reported ADBE, share counts, reported values, and direct links to the SEC filing.
Research Pro adds
Full manager portfolios — every position a fund holds, quarter-over-quarter changes, and concentration weights.
Data limitation
13F shows long equity positions as of the filing date. Short positions, full derivatives, and current intent are not disclosed.

Is ADBE a Buy Right Now?

We do not answer that question for you, and we do not publish buy or sell calls. What we publish is a score: ADBE rates 88% on our five-factor fundamentals screen, which puts it in the "Strong Buy" band. Everything below explains how it got there so you can disagree with it.

88% · Strong Buy band

Adobe Inc. clears our thresholds on most of what we measure. The strongest readings are revenue growth (12.7%) and gross margin (89.4%). Nothing in the data we score currently works against it.

ADBE Earnings & Revenue Outlook

Adobe Inc. reported revenue growth of 12.7% year over year, against a Software - Application peer set where scale and pricing power vary widely. That is solid but not exceptional, so it lifts the score without dominating it.

Earnings grew 7.9% over the same period, trailing revenue, which points to cost or margin pressure.

Track upcoming report dates on our earnings calendar.

ADBE Stock Forecast (Next 3–12 Months)

This is a fundamentals outlook, not a price target — we do not publish one. It describes what Adobe Inc.'s current financials imply about the next three to twelve months if the trends in them hold.

Constructive: Revenue growth of 12.7% gives ADBE room to grow into its multiple. Net margins of 28.7% mean that growth converts to profit rather than being spent to buy it. The main thing to watch over the next few quarters is whether those figures hold; the score is built on trailing data and will move if they do not.

Bull Case for ADBE

These are the Adobe Inc. figures that push the score up, taken straight from the most recent reported financials:

  • Revenue Growth (12.7%)
  • Gross Margin (89.4%)
  • Net Margin (28.7%)
  • Return on Equity (63.0%)

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Guides to the specific measures used in this ADBE analysis:

Fundamental Analysis Guide

How the financial statements behind this page fit together.

Understanding P/E Ratio

What ADBE's 16.4x multiple does and does not tell you.

Return on Equity (ROE)

Why ADBE's 63.0% return on equity matters for stock selection.

Stock Valuation Methods

How DCF, multiples and asset-based approaches value a company like Adobe Inc..

How to Read Earnings Reports

Where the ADBE growth and margin figures on this page come from.

What Are Demand Zones?

The technical side we deliberately keep out of the ADBE score.

Related Tools for ADBE

Demand Zone Analyzer ADBE Live Chart ADBE SEC Filing News Earnings Calendar Institutional Ownership Sector Scanner Average Down Calculator

ADBE SEC Filing News

Latest SEC filings for ADBE explained in plain English — insider buys/sells (Form 4), proposed sales (Form 144), material events (8-K), and quarterly & annual reports.

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View all ADBE SEC Filing News →

Frequently Asked Questions about ADBE

Is ADBE a good buy right now?
We do not issue buy or sell calls. ADBE has a Strong Buy Score of 88% (Strong Buy), which is a fundamentals rating, not a recommendation. That is at the strong end of our range: ADBE scores well on the fundamentals we weight most heavily. The score is helped most by revenue growth (12.7%). Read how scores work to see what each input contributes.
What is the ADBE stock forecast for 2026?
We publish a fundamentals outlook rather than a price target. For 2026 the ADBE view rests on revenue growth of 12.7%, a net margin of 28.7% and a trailing P/E of 16.4x, which together produce the 88% Strong Buy Score. Our methodology explains how those inputs are weighted.
What are key support and resistance levels for ADBE?
Support and resistance are technical levels, so they are not part of the fundamentals score. You can see current ADBE demand zones (support) and supply zones (resistance) on our demand zones page. With ADBE at $286.08, the tool shows how far the stock sits from the nearest zone.
Which companies are ADBE's closest peers?
On this page ADBE is compared with SNOW, NOW, DDOG, UBER. Compared against other Software - Application companies we cover, picked for having a similar market capitalisation to ADBE. The table puts ADBE's a gross margin of 89.4%, an ROE of 63.0%, a debt-to-equity ratio of 0.61 next to the same figures for each peer.
What is Adobe Inc.'s market cap and P/E ratio?
As of September 01, 2026, Adobe Inc. (ADBE) has a market cap of $113.72B, a trailing P/E of 16.4x and a forward P/E of 10.4x. Valuation is one of the inputs to the Strong Buy Score, alongside growth, margins, capital efficiency and balance-sheet strength.
Where does the ADBE data on this page come from?
Company financials come from Adobe Inc.'s own filings with the SEC, with prices and consensus estimates from market data feeds; the figures on this page were last refreshed on September 01, 2026. Our data sources page lists every provider and how often each one is updated.
Is the ADBE analysis PDF report free?
Your first ADBE report is free and does not require a card. The score on this page is a five-factor screen; the report runs the deeper eight-section analysis, adding moat, free cash flow, share dilution and valuation work that is not on this page. Further reports are covered by a subscription; see pricing for the current plans.

This ADBE analysis is for educational and informational purposes only and does not constitute financial advice. All data is sourced from public filings and market feeds. Past performance does not guarantee future results. Read our full disclaimer.