Adobe Inc. (ADBE) fair value analysis
S&P 500 & Nasdaq · Updated 2026-10-19
ADBE price how computed
Forward Fair Value verdict
UndervaluedADBE is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $242.27
- Sector
- Technology
- 12-month range
- $193.41–$359.91
- Market cap
- $94.3B
- From 52-week high
- -32.7%
- Shares outstanding
- 389M
- Rank in Technology by discount to fair value
- #167 of 181
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Adobe Inc. is a software company that develops and markets creative and digital media applications, including products for graphic design, video editing, photography, web development, and document management. The company operates globally, serving customers across North America, Europe, Asia Pacific, and other international markets.
ADBE currently ranks #167 of 181 Technology stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $94.3B
- P/E (trailing)
- 11x
- Revenue (TTM)
- $26B
- Net margin
- 28.0%
- EPS (TTM)
- $22.27
- Gross margin
- 88.1%
- Debt / equity
- 0.57
- Revenue growth (3-yr avg)
- 11.3%
- Shares outstanding
- 389M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Stable
- 52-week position
- The lower-middle quarter of its range
- DCF cross-check
- Undervalued
Technicals how computed
- RSI (14-day)
- 48 · neutral
- 50-day average
- $256.54
- 200-day average
- $254.21
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Dividend
- None in the last 12 months (last ex-date 2005-03-24)
Earnings how computed
- Next earnings report
- 2026-12-09
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-08 ▼ miss (-2.3%)
2026-05 ▲ beat (+2.6%)
2026-02 ▲ beat (+3.2%)
2025-11 ▲ beat (+1.9%)
2025-08 ▲ beat (+2.5%)
2025-05 ▲ beat (+1.8%)
2025-02 ▲ beat (+5.2%)
2024-11 ▲ beat (+3.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 11 buy · 23 hold · 5 sell (39 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $272
- Target vs last price
- +12.3%
What our data shows for ADBE
- Our model validated 17 trailing price-to-earnings windows for ADBE, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $193.41–$359.91.
- The 14-day relative strength index sits at a neutral 48.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for ADBE
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent ADBE news
TickrTrends' derived news-sentiment signal for ADBE is currently leaning positive, computed from recent coverage.
- Adobe: The Current Price Implies 3% Growth Through FY2030 (NASDAQ:ADBE) (seekingalpha.com, 2026-10-09)
TickrTrends take: Adobe's valuation is currently implying modest long-term growth expectations of 3% through fiscal year 2030, which TickrTrends assesses as undervalued for a technology sector company. Investors focused on valuation metrics should monitor whether the company's actual growth trajectory exceeds these embedded expectations, as achieving results above the 3% implied rate could support upside from current price levels. The gap between the market's conservative growth assumptions and Adobe's historical performance in the technology sector represents the key discrepancy that valuation-oriented analysts are evaluating. - Adobe: AI Doesn't Have To Lose For The Stock To Win (NASDAQ:ADBE) (seekingalpha.com, 2026-10-08)
TickrTrends take: Adobe operates in the Technology sector where artificial intelligence capabilities are increasingly central to competitive positioning and product value. According to TickrTrends' current assessment, ADBE appears undervalued, which suggests the market may not yet be fully pricing in the potential earnings contribution from AI-enhanced products and services. For valuation-focused investors, monitoring how Adobe converts its AI investments into measurable revenue growth and margin expansion will be critical to validating whether the current undervalued designation reflects genuine opportunity. - Adobe Could Go Nowhere For A Long Time (NASDAQ:ADBE) (seekingalpha.com, 2026-10-01)
TickrTrends take: Adobe's stock has attracted investor skepticism about near-term catalysts, which aligns with TickrTrends' current undervalued assessment that suggests the market may be pricing in prolonged stagnation. For valuation-focused investors, monitoring whether the company can deliver meaningful revenue growth or margin expansion will be critical to determining if the current undervaluation reflects genuine opportunity or justified caution. The Technology sector context matters here, as investor expectations for innovation and growth in this space remain elevated, making Adobe's ability to demonstrate forward progress particularly important for justifying any valuation premium.
What people are saying
Follow the ADBE conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — ADBE's 50/200-day trend state shifted from downtrend to mixed this week, indicating a change in the stock's intermediate momentum patterns. The valuation verdict remains undervalued according to TickrTrends' derived indicators. This transition from a clear downtrend suggests potential stabilization in the technology sector stock's recent price action.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends' derived indicators for ADBE shifted this week, with the DCF cross-check band moving from a fairly valued assessment to an undervalued designation. The technology sector company's current valuation verdict is undervalued according to TickrTrends' analysis. This change reflects an update in the company's fundamental valuation metrics as tracked by the indicator system.
- 2026-09-21 — Adobe Inc. experienced shifts in two key derived indicators this week. The company's balance-sheet leverage band moved from low to moderate, while its quality grade declined from A to B. Despite these changes, TickrTrends' current valuation verdict remains that ADBE is undervalued within the Technology sector.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is ADBE stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), ADBE is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is ADBE's TickrTrends verdict?
ADBE's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does ADBE compare to other Technology stocks?
ADBE ranks #167 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is ADBE overbought or oversold?
ADBE's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does ADBE pay a dividend?
ADBE has paid no dividend in the last twelve months; its last ex-dividend date on file was 2005-03-24.
When does ADBE report earnings next?
ADBE's next earnings report is scheduled for 2026-12-09, per the published earnings calendar.
Does ADBE usually beat earnings estimates?
Over its last 8 reported quarters ADBE beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about ADBE?
Of 39 analysts covering ADBE, 11 rate it a buy, 23 a hold and 5 a sell - hold-leaning, with a consensus price target of $272 (+12.3% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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