Adobe Inc. (ADBE)
NASDAQ · Information Technology · market cap 104.77B
Share price
$252.67
At the last nightly close
Intrinsic value
$472.08
Range $334.81 – $469.31 before any credit for growth. The figure above credits what the franchise record earns, which is why it sits outside that range.
Margin of safety
+86.8%
($472.08 − $252.67) ÷ $252.67
EV / EBIT
38.4
On the median operating profit of 15 fiscal years through 2025.
How these numbers are computed
The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above is the low end of what they agree on.
The frame gives no credit for growth. A company that compounds will therefore read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.
The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.
Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-03.
Key metrics
Market position
Annual financials
| Period | Revenue | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|
| 2025-FY | 23.77B | 8.71B | 7.13B | 16.73 | 9.85B |
| 2024-FY | 21.50B | 7.74B | 5.56B | 12.43 | 7.87B |
| 2023-FY | 19.41B | 6.65B | 5.43B | 11.87 | 6.94B |
| 2022-FY | 17.61B | 6.10B | 4.76B | 10.13 | 7.40B |
| 2021-FY | 15.79B | 5.80B | 4.82B | 10.02 | 6.88B |
Filed figures from SEC EDGAR, in the reporting currency.
Next earnings
Recent news
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story? — TradingView Newstradingview.com
- ADBE - Adobe Inc. Stock Priceperplexity.ai
- Adobe Inc. (ADBE) Earnings Calendar: Track Upcoming Earnings Datescatacal.com
- Adobe Stock: No Catalyst, No Re-Rating (NASDAQ:ADBE) | Seeking Alphaseekingalpha.com
- Adobe Stock Has Soared 45% From Its 2026 Lows, But It May Already Be Too Late to Buy ADBEbarchart.com
Headlines link to their source. Sperio does not republish article text.
The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on ADBE.
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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.