Adobe Future Growth

Future criteria checks 4/6

Adobe is forecast to grow earnings and revenue by 17.1% and 9.9% per annum respectively. EPS is expected to grow by 18% per annum. Return on equity is forecast to be 53.7% in 3 years.

Key information

17.1%

Earnings growth rate

18.0%

EPS growth rate

Software earnings growth	15.7%
Revenue growth rate	9.9%
Future return on equity	53.7%
Analyst coverage	Good
Last updated	12 Apr 2024

Recent future growth updates

Recent updates

Adobe (NASDAQ:ADBE) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Mar 21

Adobe: AI Is Not An Enemy, But An Ally - Buy The Weakness (Rating Upgrade)

Mar 18

Adobe Earnings: 3 Key Areas To Focus On With The Release

Mar 11

Calculating The Intrinsic Value Of Adobe Inc. (NASDAQ:ADBE)

Feb 26

Adobe: AI Headwinds Or AI Tailwinds?

Feb 22

Adobe: Getting Comfortable With The Premium Price

Feb 15

Adobe Inc.'s (NASDAQ:ADBE) P/E Still Appears To Be Reasonable

Feb 02

Investors Shouldn't Overlook Adobe's (NASDAQ:ADBE) Impressive Returns On Capital

Jan 21

Would Generative AI Be Adobe's Achilles Heel?

Jan 19

Is Now The Time To Look At Buying Adobe Inc. (NASDAQ:ADBE)?

Jan 09

Is Adobe (NASDAQ:ADBE) A Risky Investment?

Dec 27

Is Adobe Inc. (NASDAQ:ADBE) Expensive For A Reason? A Look At Its Intrinsic Value

Nov 26

Adobe (NASDAQ:ADBE) Knows How To Allocate Capital Effectively

Oct 21

Is Adobe (NASDAQ:ADBE) Using Too Much Debt?

Sep 27

What Does Adobe Inc.'s (NASDAQ:ADBE) Share Price Indicate?

Sep 14

Calculating The Intrinsic Value Of Adobe Inc. (NASDAQ:ADBE)

Aug 18

Adobe (NASDAQ:ADBE) Could Become A Multi-Bagger

Jul 12

These 4 Measures Indicate That Adobe (NASDAQ:ADBE) Is Using Debt Safely

Jun 22

What Does Adobe Inc.'s (NASDAQ:ADBE) Share Price Indicate?

Jun 08

Earnings and Revenue Growth Forecasts

NasdaqGS:ADBE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
11/30/2026	26,827	8,209	11,011	11,557	19
11/30/2025	23,951	7,141	9,867	10,180	36
11/30/2024	21,467	5,350	8,053	8,520	35
3/1/2024	19,936	4,801	6,487	6,783	N/A
12/1/2023	19,409	5,428	6,942	7,302	N/A
9/1/2023	18,886	5,121	7,626	8,030	N/A
6/2/2023	18,429	4,854	7,423	7,861	N/A
3/3/2023	17,999	4,737	7,319	7,762	N/A
12/2/2022	17,606	4,756	7,396	7,838	N/A
9/2/2022	17,191	4,813	7,129	7,579	N/A
6/3/2022	16,693	4,889	6,859	7,279	N/A
3/4/2022	16,142	4,827	6,838	7,227	N/A
12/3/2021	15,785	4,822	6,882	7,230	N/A
9/3/2021	15,099	5,839	6,594	6,946	N/A
6/4/2021	14,389	5,582	6,595	6,978	N/A
3/5/2021	13,682	5,566	5,790	6,174	N/A
11/27/2020	12,868	5,260	5,308	5,727	N/A
8/28/2020	12,436	3,861	4,911	5,322	N/A
5/29/2020	12,045	3,699	4,434	4,808	N/A
2/28/2020	11,661	3,232	4,310	4,734	N/A
11/29/2019	11,171	2,951	4,027	4,422	N/A
8/30/2019	10,644	2,778	3,790	4,153	N/A
5/31/2019	10,101	2,652	3,849	4,186	N/A
3/1/2019	9,552	2,682	3,816	4,053	N/A
11/30/2018	9,030	2,591	3,762	4,029	N/A
8/31/2018	8,572	2,414	3,513	3,755	N/A
6/1/2018	8,122	2,167	3,271	3,504	N/A
3/2/2018	7,699	1,879	2,930	3,172	N/A
12/1/2017	7,302	1,694	N/A	2,913	N/A
9/1/2017	6,903	1,592	N/A	2,775	N/A
6/2/2017	6,526	1,443	N/A	2,589	N/A
3/3/2017	6,153	1,313	N/A	2,433	N/A
12/2/2016	5,854	1,169	N/A	2,200	N/A
9/2/2016	5,552	992	N/A	1,959	N/A
6/3/2016	5,306	896	N/A	1,801	N/A
3/4/2016	5,070	799	N/A	1,784	N/A
11/27/2015	4,796	630	N/A	1,470	N/A
8/28/2015	4,562	495	N/A	1,415	N/A
5/29/2015	4,350	365	N/A	1,323	N/A
2/27/2015	4,256	306	N/A	1,219	N/A
11/28/2014	4,147	268	N/A	1,287	N/A
8/29/2014	4,115	246	N/A	1,203	N/A
5/30/2014	4,105	284	N/A	1,150	N/A
2/28/2014	4,047	272	N/A	1,081	N/A
11/29/2013	4,055	290	N/A	1,152	N/A
8/30/2013	4,167	447	N/A	1,310	N/A
5/31/2013	4,252	565	N/A	1,358	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ADBE's forecast earnings growth (17.1% per year) is above the savings rate (2.3%).

Earnings vs Market: ADBE's earnings (17.1% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: ADBE's earnings are forecast to grow, but not significantly.

Revenue vs Market: ADBE's revenue (9.9% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: ADBE's revenue (9.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ADBE's Return on Equity is forecast to be very high in 3 years time (53.7%).

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Adobe Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 14%

Adobe Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2024

Price target increased by 7.0% to US$583

Adobe Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2023

Adobe Inc. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal Year 2023

Price target increased by 8.4% to US$441

Recent updates

Adobe Previews Breakthrough AI Innovations to Advance Professional Video Workflows Within Adobe Premiere Pro

Adobe Has A Weak AI Monetization Strategy

Should You Investigate Adobe Inc. (NASDAQ:ADBE) At US$474?

Adobe Introduces Next Generation of Frame.Io to Accelerate Content Workflow and Collaboration for Every Creative Project

Adobe: Strong Fundamentals Overshadowed By Growth Uncertainty, Hold Rating

Media3 Announces Availability of Adobe ColdFusion on Google GCP Marketplace

Adobe Announces Generative AI Solutions to Jumpstart Content Supply Chain for Enterprises

Adobe: AI Story Is On Right Track, Time To Be Patient (Rating Upgrade)

Adobe (NASDAQ:ADBE) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Consensus EPS estimates fall by 14%

Adobe: AI Is Not An Enemy, But An Ally - Buy The Weakness (Rating Upgrade)

Adobe Inc. (NasdaqGS:ADBE) announces an Equity Buyback for $25,000 million worth of its shares.

Now 22% undervalued after recent price drop

Adobe Inc. (NasdaqGS:ADBE) announces an Equity Buyback for $25,000 million worth of its shares.

Adobe Earnings: 3 Key Areas To Focus On With The Release

New Adobe Express Mobile App Brings Firefly Generative AI Models Directly into Mobile Workflows

Adobe Inc. to Report Q1, 2024 Results on Mar 14, 2024

Adobe Inc., Annual General Meeting, Apr 17, 2024

Calculating The Intrinsic Value Of Adobe Inc. (NASDAQ:ADBE)

Adobe: AI Headwinds Or AI Tailwinds?

Adobe Brings Conversational AI to Trillions of Pdfs with the New AI Assistant in Reader and Acrobat

CFO and Executive VP of Finance exercised options and sold US$1.2m worth of stock

Adobe: Getting Comfortable With The Premium Price

Adobe Inc.'s (NASDAQ:ADBE) P/E Still Appears To Be Reasonable

Insider notifies of intention to sell stock

Investors Shouldn't Overlook Adobe's (NASDAQ:ADBE) Impressive Returns On Capital

Would Generative AI Be Adobe's Achilles Heel?

Full year 2023 earnings: EPS exceeds analyst expectations

Is Now The Time To Look At Buying Adobe Inc. (NASDAQ:ADBE)?

President of Digital Media Business recently sold US$3.5m worth of stock

Chairman & CEO recently sold US$19m worth of stock

Is Adobe (NASDAQ:ADBE) A Risky Investment?

CFO and Executive VP of Finance notifies of intention to sell stock

Full year 2023 earnings: EPS exceeds analyst expectations

Adobe Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2024

Adobe Inc. to Report Q4, 2023 Results on Dec 13, 2023

Is Adobe Inc. (NASDAQ:ADBE) Expensive For A Reason? A Look At Its Intrinsic Value

Adobe Inc. (NasdaqGS:ADBE) acquired Rephrase Technology Corp.

CFO and Executive VP of Finance exercised options and sold US$1.2m worth of stock

Adobe Inc. Appoints Cristiano Amon to Board of Directors

Insider notifies of intention to sell stock

Grant & Eisenhofer Files Class Action Lawsuit Against Adobe Inc. on Behalf of Institutional Investors

Grant & Eisenhofer Files Class Action Lawsuit Against Adobe Inc. on Behalf of Institutional Investors

Adobe (NASDAQ:ADBE) Knows How To Allocate Capital Effectively

Adobe unveils Adobe Firefly Image 2 Model, Adobe Firefly Vector Model and Adobe Firefly Design Model

Adobe Unveils the Future of Creativity and AI at Adobe MAX 2023

Is Adobe (NASDAQ:ADBE) Using Too Much Debt?

President of Digital Media Business exercised options and sold US$528k worth of stock

Now 21% undervalued

Price target increased by 7.0% to US$583

Adobe Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations

Adobe Unveils Adobe Gen Studio for Enterprises

What Does Adobe Inc.'s (NASDAQ:ADBE) Share Price Indicate?

Adobe Inc. to Report Q3, 2023 Results on Sep 14, 2023

Adobe Inc. Announces Co-Founder Dr. John Warnock Passes At 82

CFO and Executive VP of Finance exercised options and sold US$1.0m worth of stock

Calculating The Intrinsic Value Of Adobe Inc. (NASDAQ:ADBE)

Adobe Express with Firefly Brings Generative AI to Creators Worldwide

Insider notifies of intention to sell stock

Adobe (NASDAQ:ADBE) Could Become A Multi-Bagger

Chairman & CEO recently sold US$17m worth of stock

These 4 Measures Indicate That Adobe (NASDAQ:ADBE) Is Using Debt Safely

Adobe Inc. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal Year 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Adobe Inc. Unveils Generative Recolor (Beta)

Price target increased by 8.4% to US$441

Adobe Brings Firefly and Express to Enterprises

What Does Adobe Inc.'s (NASDAQ:ADBE) Share Price Indicate?