Adobe (ADBE) Aktienübersicht
Adobe Inc. ist ein weltweit tätiges Technologieunternehmen. Mehr Details
| Schneeflocken-Punktzahl | |
|---|---|
| Bewertung | 5/6 |
| Künftiges Wachstum | 2/6 |
| Vergangene Leistung | 3/6 |
| Finanzielle Gesundheit | 4/6 |
| Dividenden | 0/6 |
Belohnungen
Risikoanalyse
ADBE Community Fair Values
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Analyst Price Targets
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Adobe Inc. Wettbewerber
Preisentwicklung & Leistung
| Historische Aktienkurse | |
|---|---|
| Aktueller Aktienkurs | US$219.72 |
| 52-Wochen-Hoch | US$386.60 |
| 52-Wochen-Tief | US$190.12 |
| Beta | 1.4 |
| 1 Monat Veränderung | -16.17% |
| 3 Monate Veränderung | -9.55% |
| 1 Jahr Veränderung | -42.07% |
| 3 Jahre Veränderung | -54.35% |
| 5 Jahre Veränderung | -63.74% |
| Veränderung seit IPO | 39,511.46% |
Aktuelle Nachrichten und Updates
Narrativ-Update • Jul 01
ADBE: Freemium AI Pivot And Buybacks Will Support Long-Term Cash Flows
Analysts have trimmed their fair value estimate for Adobe to $415.56 from $438.81, reflecting a broad reset in price targets as they factor in slower organic ARR guidance, a heavier push into freemium offerings, and leadership transitions that introduce more execution risk around AI and monetization plans. Analyst Commentary Recent research on Adobe highlights a clear shift in sentiment, with many firms cutting price targets and resetting expectations around organic ARR, leadership changes, and the company’s heavier focus on freemium.Seeking Alpha • Jun 30
Adobe: A Strong Business Model That Delivers - A Value Equation Deep Dive
Summary Adobe trades at a historic low of 8.7x trailing free cash flow, despite maintaining double-digit revenue growth and industry-leading 45% operating margins. Adobe's current market equity cash yield exceeds 12%, or better than long-term S&P 500 equity performance and almost 3X current 10-year Treasury Note yields. ADBE's business model delivers a model-estimated 17.3% total return, driven by 12% revenue growth guidance and aggressive buybacks. Sector AI disruption fears are not evident in corporate performance. With robust financial strength, predictable cash flows, and a $25B new buyback authorization, I rate ADBE a buy for long-term compounding at current multiples. Read the full article on Seeking AlphaRecent updates
Narrativ-Update • Jul 01
ADBE: Freemium AI Pivot And Buybacks Will Support Long-Term Cash Flows
Analysts have trimmed their fair value estimate for Adobe to $415.56 from $438.81, reflecting a broad reset in price targets as they factor in slower organic ARR guidance, a heavier push into freemium offerings, and leadership transitions that introduce more execution risk around AI and monetization plans. Analyst Commentary Recent research on Adobe highlights a clear shift in sentiment, with many firms cutting price targets and resetting expectations around organic ARR, leadership changes, and the company’s heavier focus on freemium.Seeking Alpha • Jun 30
Adobe: A Strong Business Model That Delivers - A Value Equation Deep Dive
Summary Adobe trades at a historic low of 8.7x trailing free cash flow, despite maintaining double-digit revenue growth and industry-leading 45% operating margins. Adobe's current market equity cash yield exceeds 12%, or better than long-term S&P 500 equity performance and almost 3X current 10-year Treasury Note yields. ADBE's business model delivers a model-estimated 17.3% total return, driven by 12% revenue growth guidance and aggressive buybacks. Sector AI disruption fears are not evident in corporate performance. With robust financial strength, predictable cash flows, and a $25B new buyback authorization, I rate ADBE a buy for long-term compounding at current multiples. Read the full article on Seeking AlphaAnalyseartikel • Jun 17
Adobe (ADBE) Stock Could Be 35.2% Undervalued After Earnings And Leadership Changes
Adobe (ADBE) is back in focus after a sharp market reaction to its latest earnings, leadership changes involving both the CEO and CFO, and a clear shift toward a freemium, AI-centric growth model. See our latest analysis for Adobe. Over the past year, momentum in Adobe stock has clearly faded, with the share price down 37.8% year to date and the 1-year total shareholder return declining 45.16%, as investors react to leadership changes and the shift to a freemium, AI-led model despite solid...Narrativ-Update • Jun 17
ADBE: Freemium AI Shift And Buybacks Will Reshape Future Cash Flows
Adobe's updated analyst price target has moved lower to reflect reduced revenue growth expectations, a softer long term ARR outlook under a larger freemium push, leadership transitions, and a more conservative future P/E assumption, even as margins are modeled slightly higher. Analyst Commentary Street research around Adobe is mixed, but there is a clear pocket of bullish analysts who see the recent reset as an entry point rather than a sign to step aside.
Narrativ-Update • Jun 12
Musings after the earnings
Thesis Update: Upward Revision on Adobe (ADBE) Post-Q2 CY2026 Earnings I am raising my fair value estimate for Adobe following this morning's strong earnings print and updated outlook. The Core Catalyst: The revision hinges on two key updates: raised FY2026 revenue guidance and a ~2% point drop in unadjusted operating margin.Analyseartikel • Jun 12
Software stocks just gave investors a masterclass
Software stocks crashed on fears AI would make them obsolete, then they came roaring back. This edition of Market Insights aims to hand investors a repeatable playbook for separating real risk from market panic.Analyseartikel • Jun 12
Software stocks just gave investors a masterclass
Software stocks crashed on fears AI would make them obsolete, then they came roaring back. This edition of Market Insights aims to hand investors a repeatable playbook for separating real risk from market panic.Narrativ-Update • Jun 03
ADBE: AI Product Adoption And Buyback Program Will Reshape Future Cash Flows
Adobe's updated analyst fair value edges up by about $0.10 per share to roughly $456.35. This reflects models that now factor in slightly higher projected revenue growth and profit margins, alongside recent Street research that has generally reduced official price targets on concerns around AI competition, CEO transition risk, and near term pressure on annual recurring revenue.Neues Narrativ • May 31
Adobe: A Probabilistic Case for Undervaluation
As a self-described "Quantitative Fundamental Hobby Investor," my valuation philosophy is straightforward: I prioritize high-quality cash flow generation and the durability of a company’s economic moat. Adobe (ADBE) is currently at the center of a heated debate regarding AI disruption.
Narrativ-Update • May 18
ADBE: CEO Transition Will Increase Risk Around AI Subscription Monetization
Analysts have reduced their average price target on Adobe by $70 to $220 per share, citing CEO transition uncertainty, slower annual recurring revenue trends, and rising competitive pressures from AI driven offerings as key reasons for the reset. Analyst Commentary Recent research on Adobe highlights a shift toward more cautious views as multiple bearish analysts reduce price targets and, in some cases, downgrade ratings.
Neues Narrativ • May 07
Good Value for a Creative Monopoly
Adobe’s strategic positioning ensures it remains the creative industry’s "operating system," regardless of whether AI succeeds or fails. By building Firefly exclusively on licensed Adobe Stock and public domain content, Adobe has created a unique "legal moat" that offers enterprise customers commercial safety and IP indemnity that competitors cannot match.
Neues Narrativ • May 04
Classic Value Trap
Adobe was an amazing company. I'm an end user since 1991.Narrativ-Update • Apr 30
ADBE: AI Competition And CEO Transition Will Reshape Future Cash Flows
Adobe's updated analyst price target has shifted from about $580 to roughly $456 as analysts factor in rising AI competition, a series of target cuts across major firms, and added uncertainty around the CEO transition and annual recurring revenue trends. Analyst Commentary Recent research on Adobe clusters around a few key themes that matter for you as an investor: how the market is pricing AI competition, what the CEO transition means for execution, and how annual recurring revenue trends feed into valuation.
Narrativ-Update • Apr 16
ADBE: Generative AI And Freemium Adoption Will Shape Future Earnings Power
Adobe's analyst price target has been adjusted slightly higher, with analysts pointing to updated expectations for revenue growth, profit margins, and future P/E in light of recent Q1 results, CEO transition news, and ongoing discussion around AI related opportunities and headwinds. Analyst Commentary Wall Street views on Adobe are mixed, with many firms trimming price targets and recalibrating ratings after the Q1 print and the CEO transition update.Narrativ-Update • Apr 01
ADBE: Generative AI Monetization And Freemium User Growth Will Drive Future Revenue
Adobe's updated fair value estimate has been reduced from about $408 to roughly $328 as analysts factor in a lower future P/E, softer growth assumptions, and fresh uncertainty tied to the CEO transition and AI-driven shifts in its core businesses. Analyst Commentary Recent research on Adobe reflects a clear reset in expectations, with many firms cutting price targets and adjusting ratings to reflect CEO transition risk, AI related disruption, and softer growth metrics such as net new annual recurring revenue.Analyseartikel • Apr 01
Why Adobe's (NASDAQ:ADBE) Earnings Are Better Than They Seem
The market seemed underwhelmed by the solid earnings posted by Adobe Inc. ( NASDAQ:ADBE ) recently. Along with the...Narrativ-Update • Mar 18
ADBE: CEO Transition Will Intensify AI Monetization Uncertainty And Multiple Compression
Analysts have reduced the Adobe price target to $220 from $271.93, reflecting softer revenue growth assumptions, a lower future P/E outlook, and heightened uncertainty around the CEO transition and the pace of AI driven monetization. Analyst Commentary Recent research on Adobe shows a clear tilt toward caution, with multiple price target cuts and rating downgrades clustering around the latest fiscal Q1 report and the CEO transition announcement.Narrativ-Update • Mar 04
ADBE: AI Adoption And Generative Credits Will Drive Future Revenue Milestones
Our updated view trims Adobe's fair value estimate from $447.56 to $408.47, reflecting a lower assumed future P/E of about 21.2x. This is in line with a wave of reduced Street price targets around $290 to $375 and analyst concerns about competitive pressure, AI related execution risks, and more muted near term upside for the shares.Narrativ-Update • Feb 18
ADBE: AI Transition And Creative Ecosystem Partnerships Will Reshape Future Cash Flows
Our fair value estimate for Adobe has edged higher to $580.27 from $575.83 as analysts broadly reduce price targets and ratings in response to softer Digital Media growth expectations, questions about the durability of the competitive moat, and concerns that AI benefits may be slower to show up in revenue and margins than previously hoped. Analyst Commentary Recent Street research on Adobe has tilted more cautious, with several firms cutting ratings and price targets as they reassess Digital Media growth expectations, competition, and the timing of AI monetization.Narrativ-Update • Feb 04
ADBE: AI Transition And Semrush Deal Will Reshape Future Cash Flows
Analysts have trimmed their fair value estimate for Adobe slightly, to about $576 per share. They cite a wave of recent downgrades and reduced price targets that reflect concerns about limited near term upside, competitive pressure in creative tools, and uncertainty over how much the current AI transition will benefit the business.Narrativ-Update • Jan 21
ADBE: Future AI And Semrush Deal Will Reshape Cash Flow Profile
Analysts have reduced their Adobe fair value estimate by about US$7 to roughly US$578, citing a lower future P/E assumption and recent price target cuts that reflect concerns about near term growth momentum and competitive pressures. Analyst Commentary Recent Street research on Adobe has tilted more cautious, with several firms cutting ratings and price targets as they reassess expectations around AI driven growth, competitive intensity and near term execution.Narrativ-Update • Jan 07
ADBE: Future AI And Marketing Deals Will Reshape Cash Flow Profile
Narrative Update on Adobe Analysts have revised their Adobe fair value estimate from $605.00 to about $585.69. This reflects slightly lower revenue growth and profit margin assumptions, a somewhat higher discount rate, and a partially offsetting increase in the future P/E input in their models.Narrativ-Update • Dec 23
ADBE: Rising AI Costs Will Pressure Margins And Drive Multiple Compression
Analysts have reduced their fair value estimate for Adobe from $380.00 to about $271.93 per share, citing expectations for slightly slower revenue growth, lower long term profit margins, and a more conservative valuation multiple. Analyst Commentary Bearish analysts have become more vocal on Adobe, pointing to a combination of moderating growth expectations and tighter competitive dynamics across creative, document, and marketing workflows.Narrativ-Update • Dec 20
Adobe Stock: When Creativity Software Becomes an AI-Native Platform
Adobe (NASDAQ: ADBE) has spent decades defining how digital creativity is produced, edited, and distributed. From Photoshop to Premiere to Acrobat, its tools are embedded deeply into professional and consumer workflows.Narrativ-Update • Dec 09
ADBE: AI Adoption And Acquisitions Will Drive Future Revenue Milestones
Analysts have nudged their average price target on Adobe slightly lower, trimming fair value by about $3 to approximately $448 as they factor in modestly slower revenue growth, slightly softer long term margins, and a marginally higher discount rate, despite continued momentum in AI driven products. Analyst Commentary Analysts remain divided on Adobe's outlook, with most acknowledging solid execution in the near term but reassessing the pace and durability of growth as the company leans further into AI infused offerings.Narrativ-Update • Nov 24
ADBE: Ongoing AI Product Adoption Will Drive Early Revenue Milestones And Overcome Doubts
Adobe's analyst price target has been revised downward by approximately $6 to $450. Analysts are trimming future growth and profit expectations in light of continued AI-driven uncertainty and evolving competitive dynamics.
Neues Narrativ • Oct 09
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.Narrativ-Update • Sep 23
Firefly And GenStudio Will Transform Marketing And Boost Future Engagement
Analysts have reduced Adobe’s price target to $456.18 due to persistent AI-related uncertainty, slowing revenue growth, and intensified competition, despite continued strong execution and early AI monetization progress. Analyst Commentary Ongoing AI uncertainty and heightened competitive pressures are weighing on long-term growth assumptions and sector valuation multiples, leading to widespread target cuts, despite continued Outperform/Overweight ratings from many bullish analysts.Narrativ-Update • Sep 08
Firefly And GenStudio Will Transform Marketing And Boost Future Engagement
Analysts moderately lowered Adobe's price target to $475.45 amid mixed views—bulls cite resilient margins, disciplined execution, and AI potential, while bears flag Creative Cloud market share losses and AI competition—leaving fair value edging slightly lower. Analyst Commentary Bullish analysts highlight Adobe’s potential as a long-term AI winner, citing its commercially safe generative content approach, resilient top line, disciplined expense management, and industry-leading margins as supportive of attractive long-term value.Aktionärsrenditen
| ADBE | US Software | US Markt | |
|---|---|---|---|
| 7D | 13.6% | 5.7% | 1.6% |
| 1Y | -42.1% | -19.6% | 21.1% |
Rendite im Vergleich zur Industrie: ADBE unter dem Niveau der Branche US Software , die im vergangenen Jahr eine Rendite von -19.6% erzielte.
Rendite vs. Markt: ADBE hinter dem Markt US zurück, der im vergangenen Jahr eine Rendite von 21.1 erzielte.
Preisvolatilität
| ADBE volatility | |
|---|---|
| ADBE Average Weekly Movement | 6.7% |
| Software Industry Average Movement | 10.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stabiler Aktienkurs: ADBE hatte in den letzten 3 Monaten im Vergleich zum US -Markt keine signifikante Preisvolatilität.
Volatilität im Zeitverlauf: ADBEDie wöchentliche Volatilität (7%) ist im vergangenen Jahr stabil geblieben.
Über das Unternehmen
| Gegründet | Mitarbeiter | CEO | Website |
|---|---|---|---|
| 1982 | 31,360 | Shantanu Narayen | www.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
| ADBE grundlegende Statistiken | |
|---|---|
| Marktanteil | US$83.86b |
| Gewinn(TTM) | US$7.23b |
| Umsatz(TTM) | US$25.20b |
12.1x
Kurs-Gewinn-Verhältnis 3.5x
Kurs-Umsatz-VerhältnisIst ADBE zu teuer?
Siehe Fair Value und BewertungsanalyseErträge & Einnahmen
| ADBE Gewinn- und Verlustrechnung (TTM) | |
|---|---|
| Einnahmen | US$25.20b |
| Kosten der Einnahmen | US$2.67b |
| Bruttogewinn | US$22.53b |
| Sonstige Ausgaben | US$15.30b |
| Gewinn | US$7.23b |
Zuletzt gemeldete Gewinne
May 29, 2026
Datum des nächsten Gewinnberichts
Sep 10, 2026
| Gewinn per Aktie (EPS) | 18.19 |
| Bruttomarge | 89.40% |
| Nettogewinnspanne | 28.69% |
| Schulden/Eigenkapital-Verhältnis | 57.8% |
Wie hat sich ADBE auf lange Sicht entwickelt?
Historische Performance und VergleicheUnternehmensanalyse und Finanzdaten Status
| Daten | Zuletzt aktualisiert (UTC-Zeit) |
|---|---|
| Unternehmensanalyse | 2026/07/02 22:07 |
| Aktienkurs zum Tagesende | 2026/07/02 00:00 |
| Gewinne | 2026/05/29 |
| Jährliche Einnahmen | 2025/11/28 |
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.
| Paket | Daten | Zeitrahmen | Beispiel US-Quelle * |
|---|---|---|---|
| Finanzdaten des Unternehmens | 10 Jahre |
| |
| Konsensschätzungen der Analysten | +3 Jahre |
|
|
| Marktpreise | 30 Jahre |
| |
| Eigentümerschaft | 10 Jahre |
| |
| Verwaltung | 10 Jahre |
| |
| Wichtige Entwicklungen | 10 Jahre |
|
* 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
Details des Analysemodells, das zur Erstellung dieses Berichts verwendet wurde, sind auf unserer GitHub-Seite verfügbar. Außerdem haben wir Leitfäden zur Nutzung unserer Berichte und Tutorials auf YouTube.
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 64 Analysten beobachtet. 29 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.
| Analyst | Einrichtung |
|---|---|
| Joseph Bonner | Argus Research Company |
| Robert Oliver | Baird |
| Saket Kalia | Barclays |