Adobe
NASDAQ: ADBE
Stock price
241.05 USD
(-58.21%) 5 years
Financial Performance
5Y price score: (75)
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 121.9%
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190.1
52-week range
363.7
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
11.2 %
Dividend Yield TTM
-
Market cap $
$ 95,817
Price / Earnings TTM
13.5
Price / Book TTM
8.1
PEG TTM
0.4
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
(30.9) %
(58.2) %
121.9 %
Free cash flow per share growth
24.8 %
110.8 %
810.9 %
Earnings per share growth
10.5 %
54.2 %
1,246.8 %
Founded: 1,982
Employees: 29,239
Business Summary:
Q&A
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Latest Earnings Call Takeaways
2026 Q3 (Sep 10, 2026)
1) Financial Performance Overview
- Adobe reported Q3 FY 26 revenue of $6.76 billion, marking a 12% YoY growth.
- GAAP earnings per share (EPS) was $4.62 (up 11% YoY), while non-GAAP EPS reached $6.13 (up 15% YoY).
- Total ending Annual Recurring Revenue (ARR) was $27.5 billion, growing 11.2% YoY.
- Subscription revenue for business professionals and consumers was $1.91 billion (up 15% YoY), and for creative and marketing professionals, it was $4.65 billion (up 12% YoY).
2) Strategic Leadership Transition
- Anil S. Chakravarthy will succeed Shantanu Narayen as CEO effective December 1st, 2026.
- Narayen emphasized the importance of Chakravarthy's experience in driving Adobe's growth in creativity, productivity, and customer experiences.
- The leadership transition aims to maintain continuity while embracing new opportunities in the era of agentic software.
3) Product and Operational Innovations
- Adobe is leveraging AI to enhance user experiences across its product lines, with AI-driven applications showing significant growth.
- The Firefly platform's ARR grew 40% quarter-over-quarter, and its user engagement is increasing, with creative freemium MAU surpassing 100 million (up 70% YoY).
- New features in Acrobat and Express are expected to drive further growth, particularly in the education sector, targeting students with tools for study aids.
4) Market Positioning and Customer Engagement
- Adobe's strategy focuses on democratizing creativity and productivity through AI, aiming to meet the needs of both casual creators and professionals.
- The company reported over 1 billion monthly active users, with a strong emphasis on expanding its customer base through a freemium model.
- Notable enterprise wins included major clients like Amazon and Disney, showcasing Adobe's strong market presence and customer trust.
5) Guidance and Future Outlook
- For Q4 FY 26, Adobe targets revenue of $6.8 billion to $6.85 billion, with continued growth expected in both business and creative segments.
- Full-year revenue guidance has been raised to $26.576 billion to $26.626 billion, reflecting strong performance and market confidence.
- The call lacked specific details on the impact of macroeconomic conditions on future growth, particularly regarding pricing strategies and the freemium model's long-term implications.
Bottom line: Adobe's strong Q3 performance, strategic leadership transition, and innovative product developments position the company well for continued growth in the evolving digital landscape, making it an attractive prospect for investors.
Annual Reports, Presentations And IR Contacts
Go to the websiteAdobe — Financial Overview, Stock Price, Market Cap
Adobe is a company. Founded in 1982. As of October 9, 2026, the company's market capitalization is $95817375000 with a current stock price of $241.05.