Loading...
ADBE logo

Adobe Inc.NasdaqGS:ADBE Aktienübersicht

Marktkapitalisierung US$97.6b
Aktienkurs
US$242.92
US$328.19
26.0% unterbewertet intrinsischer Abschlag
1Y-33.9%
7D0.8%
Wert des Portfolios
​
Siehe

Adobe Inc.

NasdaqGS:ADBE Lagerbericht

Marktkapitalisierung: US$97.6b

Adobe (ADBE) Aktienübersicht

Adobe Inc. ist ein weltweit tätiges Technologieunternehmen. Mehr Details

ADBE grundlegende Analyse
Schneeflocken-Punktzahl
Bewertung5/6
Künftiges Wachstum2/6
Vergangene Leistung4/6
Finanzielle Gesundheit4/6
Dividenden0/6

Belohnungen

53.8% unter unserer Schätzung des beizulegenden Zeitwerts gehandelt

Prognostiziertes Gewinnwachstum 7.32% pro Jahr

Die Erträge sind in den letzten 5 Jahren um 6.8% pro Jahr gestiegen.

Im Vergleich zu Wettbewerbern und der Branche gut bewertet

Risikoanalyse

Bei unseren Risikoprüfungen wurden keine Risiken für ADBE festgestellt.

ADBE Community Fair Values

Create Narrative

See what 1000 others think this stock is worth. Follow their fair value or set your own to get alerts.

ADBE logo
Adobe

Firefly And GenStudio Will Transform Marketing And Boost Future Engagement

Key Takeaways Adobe’s AI-driven innovations and expanded mobile offerings are set to boost user engagement, drive revenue growth, and enhance creative efficiency. The strategic focus on partner ecosystems and product integration promises increased enterprise sales and improved net margins.
View narrative
US$328.19
FV
26.0% unterbewertet intrinsischer Abschlag
8.43%
Revenue growth p.a.
2.6k
users have viewed this narrative
2users have liked this narrative
0users have commented on this narrative
307users have followed this narrative
ADBE logo
Adobe

The Strategic Revaluation of Adobe: A Critical Analysis of Market Sentiment

The prevailing narrative surrounding Adobe Inc. in the mid-2020s has been characterized by a profound sense of technological anxiety.
View narrative
US$460
FV
47.2% unterbewertet intrinsischer Abschlag
11.32%
Revenue growth p.a.
7.8k
users have viewed this narrative
23users have liked this narrative
2users have commented on this narrative
36users have followed this narrative
ADBE logo
Adobe

Firefly App And AI Assistants Will Attract New Users

Key Takeaways Adobe's investment in AI features and Firefly app tiers may boost revenue and margin through upsells and broader user engagement. Expanding web/mobile solutions and partnerships can drive revenue growth, catering to evolving creator needs and enhancing market reach.
View narrative
US$220
FV
10.4% überbewertet intrinsischer Abschlag
5.24%
Revenue growth p.a.
452
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
31users have followed this narrative
ADBE logo
Adobe

Adobe - A Fundamental and Historical Valuation

️️ Business Overview Key Metrics Total: 9/17 +2 ✅✅ Projected Operating Margin: 46.04% +0 ⚠️ Projected 5-Year Revenue CAGR: 8.69% +2 ✅✅ Last 5-Year ROIC: 28.00% +1 ✅ Estimated Cost of Capital: 10.31% (lower than ROIC) +1 ✅ Last 5-Year Shares Outstanding CAGR: -2.32% +1 ✅ Projected 5-Year EPS CAGR: 10.67% +0 ⚠️ Projected 5-Year Dividend CAGR: N/A +1 ✅ Moody's Rating: A1 +2 ✅✅ Morningstar Moat: Wide -1 ❌ Morningstar Uncertainty: High Adobe has very high margins resulting from its competitive advantages and wide moat. Also, the company is managed well returning on its investments almost triple its cost of capital.
View narrative
US$356.98
FV
32.0% unterbewertet intrinsischer Abschlag
11.93%
Revenue growth p.a.
265
users have viewed this narrative
2users have liked this narrative
0users have commented on this narrative
8users have followed this narrative
ADBE logo
Adobe

A Fair Price for a Great Business Facing Real Threats

TLDR; "HOLD" The story of Adobe today is that of a wide-moat champion that has been knocked from its pedestal. After a deep-dive analysis, our conclusion is that Adobe remains a world-class business, but the competitive landscape has fundamentally changed.
View narrative
US$383.06
FV
36.6% unterbewertet intrinsischer Abschlag
8.12%
Revenue growth p.a.
4.3k
users have viewed this narrative
11users have liked this narrative
2users have commented on this narrative
35users have followed this narrative
ADBE logo
Adobe

AI Capabilities And Creative Cloud Integration Will Unlock New Opportunities

Key Takeaways Adobe's AI investments and new products, such as Acrobat AI Assistant, are set to double AI-related business by 2025, boosting growth. Expansion in emerging markets and strategic partnerships are anticipated to drive revenue growth and improve margins through increased adoption and comprehensive solutions.
View narrative
US$580.27
FV
58.1% unterbewertet intrinsischer Abschlag
11.11%
Revenue growth p.a.
611
users have viewed this narrative
0users have liked this narrative
1users have commented on this narrative
8users have followed this narrative
ADBE logo
Adobe

AI Dichotomy: Adobe's opportunity and gravest threat

TL;DR For me, Adobe is the quintessential falling knife. I’ll buy if it drops further — not because I believe in a renaissance, but because fortress-like margins and sticky workflows can keep this wounded giant on its feet.
View narrative
US$430.14
FV
43.5% unterbewertet intrinsischer Abschlag
9.00%
Revenue growth p.a.
485
users have viewed this narrative
3users have liked this narrative
0users have commented on this narrative
11users have followed this narrative
ADBE logo
Adobe

ADBE Market Outlook

Adobe Inc. (ADBE) is a leading global software company specializing in digital content creation and publishing tools.
View narrative
US$523.13
FV
53.6% unterbewertet intrinsischer Abschlag
8.58%
Revenue growth p.a.
19
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
ADBE logo
Adobe

I believe a fair price is $352

Rationale- The last three years their revenue growth has been 10% every year. While their revenue is growing at that pace, their profit margin is growing alongside it, showing constant growth with increasing margins.
View narrative
US$352.2
FV
31.0% unterbewertet intrinsischer Abschlag
9.00%
Revenue growth p.a.
226
users have viewed this narrative
1users have liked this narrative
0users have commented on this narrative
10users have followed this narrative
ADBE logo
Adobe

Increasing Total Addressable Market Through AI Will Strengthen Revenue Growth

Key Takeaways Adopting new technology like AI, AR/VR and browser-first cloud software will keep Adobe on top of the creative industry. AI Integration will empower commercial users and help onboard new users by making workflows simpler.
View narrative
US$705.22
FV
65.6% unterbewertet intrinsischer Abschlag
16.70%
Revenue growth p.a.
793
users have viewed this narrative
35users have liked this narrative
1users have commented on this narrative
13users have followed this narrative
ADBE logo
Adobe

Competition, Costs and Playing Catchup Will Compress Margins

Key Takeaways Slowing growth and margin pressure by new tech will force low return reinvestment Buying Figma is cheaper than competing, but regulators may block Experience Cloud is a growth story, but not Adobe's strong suit High-quality business, but high-growth perception is unsustainable and will likely subside Catalysts Company Catalysts Margins compressing from AI-driven design The adoption of AI-driven design - the $63B TAM can improve as more people utilize creative works, but the profitability of such projects may decline due to the higher availability of AI driven design. This may result in more revenue but lower profitability for Adobe.
View narrative
US$317.27
FV
23.4% unterbewertet intrinsischer Abschlag
9.00%
Revenue growth p.a.
885
users have viewed this narrative
16users have liked this narrative
5users have commented on this narrative
16users have followed this narrative
ADBE logo
Adobe

Adobe’s Canvas of Creativity: Monetizing Imagination with AI in its suite

Catalysts Products and Services Impacting Sales and Earnings : Adobe has a diverse portfolio of products and services that contribute to its revenue growth. Here are some key highlights: Creative Cloud : Adobe’s Creative Cloud suite includes popular software like Photoshop, Illustrator, and Premiere Pro.
View narrative
US$898.28
FV
73.0% unterbewertet intrinsischer Abschlag
16.66%
Revenue growth p.a.
818
users have viewed this narrative
7users have liked this narrative
0users have commented on this narrative
12users have followed this narrative
ADBE logo
Adobe

Bullish ADBE

1. Cashflow-Trend (Free Cash Flow, FCF) Langfristiger Trend (2010–2024): Der Free Cash Flow von Adobe entwickelte sich von rund 0,98 Mrd USD (2010) auf 7,873 Mrd USD in 2024 – ein starker Anstieg.
View narrative
US$401.21
FV
39.5% unterbewertet intrinsischer Abschlag
8.26%
Revenue growth p.a.
3
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
View Stock Community
ZENA logo
ZenaTech

ZenaTech: A big bet on the rise of AI drones and drones-as-a-service

Key Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read more

View narrative
1.7k
users have viewed this narrative
7users have liked this narrative
0users have commented on this narrative
39users have followed this narrative
US$6.85
67.3% unterbewertet intrinsischer Abschlag
Fair Value
Profit Margin
20.14%
Future PE
22x
Price in 2031
US$11.03

Adobe Inc. Wettbewerber

Preisentwicklung & Leistung

Zusammenfassung der Höchst- und Tiefststände sowie der Veränderungen der Aktienkurse für Adobe
Historische Aktienkurse
Aktueller AktienkursUS$242.92
52-Wochen-HochUS$422.95
52-Wochen-TiefUS$233.16
Beta1.53
1 Monat Veränderung-10.36%
3 Monate Veränderung-27.12%
1 Jahr Veränderung-33.85%
3 Jahre Veränderung-36.17%
5 Jahre Veränderung-51.40%
Veränderung seit IPO43,693.99%

Aktuelle Nachrichten und Updates

Why Adobe's (NASDAQ:ADBE) Earnings Are Better Than They Seem

Apr 01
Why Adobe's (NASDAQ:ADBE) Earnings Are Better Than They Seem

Adobe: Fear Of A Value Trap

Mar 13

Recent updates

Why Adobe's (NASDAQ:ADBE) Earnings Are Better Than They Seem

Apr 01
Why Adobe's (NASDAQ:ADBE) Earnings Are Better Than They Seem

Adobe: Fear Of A Value Trap

Mar 13

Adobe Inc. (ADBE): Defending the Creative Moat – Pre-Earnings Pulse in a Generative AI Era

Adobe (ADBE) enters March 2026 at a critical crossroads, currently trading at $262.41 as of the February 27 close. The stock has weathered a punishing 2025 and early 2026, down roughly 42% from its 52-week high, primarily due to "AI existentialism"—the market's fear that generative AI competitors might commoditize Adobe’s core Creative Cloud.

A Fair Price for a Great Business Facing Real Threats

TLDR; "HOLD" The story of Adobe today is that of a wide-moat champion that has been knocked from its pedestal. After a deep-dive analysis, our conclusion is that Adobe remains a world-class business, but the competitive landscape has fundamentally changed.

We Think Adobe's (NASDAQ:ADBE) Robust Earnings Are Conservative

Jul 02
We Think Adobe's (NASDAQ:ADBE) Robust Earnings Are Conservative

Analyst Estimates: Here's What Brokers Think Of Adobe Inc. (NASDAQ:ADBE) After Its Second-Quarter Report

Jun 27
Analyst Estimates: Here's What Brokers Think Of Adobe Inc. (NASDAQ:ADBE) After Its Second-Quarter Report

We Like Adobe's (NASDAQ:ADBE) Returns And Here's How They're Trending

May 27
We Like Adobe's (NASDAQ:ADBE) Returns And Here's How They're Trending

Adobe: Near 50% Decline Creates Great Buying Opportunity (Rating Upgrade)

Apr 23

OpenAI's Breakthrough Is Terrible For Adobe

Apr 09

Firefly And GenStudio Will Empower Creative Evolution

AI product integration, like Firefly and GenStudio, aims to boost user engagement, supporting revenue growth and enhancing monetization.

Generative AI, Firefly App And Express Will Expand Future Reach

AI integration and new app expansions boost user engagement and capture next-gen users, driving subscription sales and revenue growth.

Adobe: Strong FCF Growth, But Growth Stabilization Needed

Mar 19

Adobe Has Become A GARP Play (Rating Upgrade)

Mar 13

Adobe Is A Compelling Buy

Mar 07

Adobe: Buy This Overlooked Industry Leader At A Reasonable Price

Feb 27

Adobe's AI Strategy Is Paying Off: Why This Stock Could Surge

Feb 12

Adobe: You Don't Have To Be A GARP Acrobat To Buy This Stock

Jan 21

Adobe: Strategic Transition To Subscription-Based Model Will Keep Leading Position

Jan 08

Adobe: Our Top Idea For 2025 Now Trading At A 30% Discount To SaaS Peers

Dec 20
User avatar

Narrative update from Goran Damchevski

Adobe grew annual revenues by 11% to  $21.5B in FY’24. The performance is ahead of my 9% estimated CAGR. I continue to expect Adobe to be able to reach $32.2B in 2029, implying a minimal revenue CAGR

Adobe Q4 Earnings: Why This Stock Leaves Me Unsold

Dec 12

Adobe: Upgrading Into Earnings, Eyes On Firefly, Mixed Chart

Dec 03

Aktionärsrenditen

ADBEUS SoftwareUS Markt
7D0.8%1.3%1.9%
1Y-33.9%-3.5%23.7%

Rendite im Vergleich zur Industrie: ADBE unter dem Niveau der Branche US Software , die im vergangenen Jahr eine Rendite von -3.5% erzielte.

Rendite vs. Markt: ADBE hinter dem Markt US zurück, der im vergangenen Jahr eine Rendite von 23.7 erzielte.

Preisvolatilität

Is ADBE's price volatile compared to industry and market?
ADBE volatility
ADBE Average Weekly Movement5.2%
Software Industry Average Movement9.5%
Market Average Movement7.1%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.3%

Stabiler Aktienkurs: ADBE hatte in den letzten 3 Monaten im Vergleich zum US -Markt keine signifikante Preisvolatilität.

Volatilität im Zeitverlauf: ADBEDie wöchentliche Volatilität (5%) ist im vergangenen Jahr stabil geblieben.

Über das Unternehmen

GegründetMitarbeiterCEOWebsite
198231,360Shantanu Narayenwww.adobe.com

Adobe Inc. ist ein weltweit tätiges Technologieunternehmen. Das Segment Digitale Medien bietet Produkte und Dienstleistungen an, die es Einzelpersonen, Teams und Unternehmen ermöglichen, Inhalte zu erstellen, zu veröffentlichen und zu bewerben. Dieses Segment richtet sich an Fotografen, Video-Editoren, Grafik- und Erlebnisdesigner, Spieleentwickler, Inhaltsersteller, Studenten, Vermarkter, Geschäftsinhaber, Wissensarbeiter und Verbraucher.

Adobe Inc.'s Grundlagenzusammenfassung

Wie verhalten sich die Erträge und Einnahmen von Adobe im Vergleich zum Marktanteil des Unternehmens?
ADBE grundlegende Statistiken
MarktanteilUS$97.56b
Gewinn(TTM)US$7.21b
Umsatz(TTM)US$24.45b
13.6x
Kurs-Gewinn-Verhältnis
4.0x
Kurs-Umsatz-Verhältnis

Ist ADBE zu teuer?

Siehe Fair Value und Bewertungsanalyse

Erträge & Einnahmen

Wichtige Rentabilitätsstatistiken aus dem letzten Ergebnisbericht (TTM)
ADBE Gewinn- und Verlustrechnung (TTM)
EinnahmenUS$24.45b
Kosten der EinnahmenUS$2.59b
BruttogewinnUS$21.86b
Sonstige AusgabenUS$14.65b
GewinnUS$7.21b

Zuletzt gemeldete Gewinne

Feb 27, 2026

Datum des nächsten Gewinnberichts

k.A.

Gewinn per Aktie (EPS)17.83
Bruttomarge89.40%
Nettogewinnspanne29.48%
Schulden/Eigenkapital-Verhältnis54.6%

Wie hat sich ADBE auf lange Sicht entwickelt?

Historische Performance und Vergleiche

Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/04/02 10:58
Aktienkurs zum Tagesende2026/04/02 00:00
Gewinne2026/02/27
Jährliche Einnahmen2025/11/28

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

Adobe Inc. wird von 62 Analysten beobachtet. 36 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Joseph BonnerArgus Research Company
Robert OliverBaird
Saket KaliaBarclays