Adobe Inc. (ADBE)
NASDAQ · Information Technology · market cap 104.77B
Share price
$251.47
At the last nightly close
Intrinsic value
$442.17
Range $322.75 – $452.34 before any credit for growth. The figure above is $322.75 × 1.37, the credit the franchise record earns.
Margin of safety
+75.8%
($442.17 − $251.47) ÷ $251.47
EV / EBIT
38.2
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 starts from the lower of the first two; the Graham Number never enters it.
The frame gives no credit for growth unless the company has earned it: only a return on invested capital that has beaten the cost of capital year after year earns a growth credit, and that credit is capped. A company that compounds will therefore usually 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 2026-09-27.
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 (ADBE) Stock Price, News & Analysismarketbeat.com
- Perplexityperplexity.ai
- Adobe Falls After Hours, Intel Gains, Oracle Slides | Stock Moversyoutube.com
- ADBE: Adobe Inc. - Stock Price, Quote and News - CNBCcnbc.com
- Why Is Adobe Stock Crashing, and is it a Buying Opportunity? | ADBE Stock Analysisyoutube.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.