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Adobe Inc. Stock Research

ADBE

507.24USD-13.89(-2.67%)Market Closed
Watchlist

Market Summary

USD507.24-13.89
Market Closed
-2.67%

ADBE Alerts

  • 1 major insider sales recently.

ADBE Stock Price

ADBE RSI Chart

ADBE Valuation

Market Cap

237.6B

Price/Earnings (Trailing)

46.4

Price/Sales (Trailing)

12.58

EV/EBITDA

31.35

Price/Free Cashflow

31.16

ADBE Price/Sales (Trailing)

ADBE Profitability

Operating Margin

87.66%

EBT Margin

33.69%

Return on Equity

33.35%

Return on Assets

17.76%

Free Cashflow Yield

3.21%

ADBE Fundamentals

ADBE Revenue

Revenue (TTM)

18.9B

Revenue Y/Y

10.31%

Revenue Q/Q

1.54%

ADBE Earnings

Earnings (TTM)

5.1B

Earnings Y/Y

23.5%

Earnings Q/Q

8.34%

Price Action

52 Week Range

276.60570.24
(Low)(High)

Last 7 days

1.9%

Last 30 days

-7.5%

Last 90 days

7.4%

Trailing 12 Months

89.4%

ADBE Financial Health

Current Ratio

1.12

Debt/Equity

0.26

Debt/Cashflow

2.14

ADBE Investor Care

Buy Backs (1Y)

2.36%

Diluted EPS (TTM)

11.11

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ADBE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-18
Garfield Mark S.
sold
-138,521
524
-264
svp & cao
2023-09-15
Garfield Mark S.
acquired
-
-
521
svp & cao
2023-09-15
Garfield Mark S.
sold (taxes)
-135,925
528
-257
svp & cao
2023-09-14
Wadhwani David
acquired
-
-
1,932
president, digital media
2023-09-14
Wadhwani David
sold (taxes)
-528,417
552
-957
president, digital media
2023-08-30
Chen Gloria
acquired
-
-
224
evp, chief people officer
2023-08-30
Chen Gloria
sold (taxes)
-60,535
545
-111
evp, chief people officer
2023-08-15
Durn Daniel
sold (taxes)
-1,041,550
518
-2,008
evp & cfo
2023-08-15
Durn Daniel
acquired
-
-
3,837
evp & cfo
2023-08-04
Garfield Mark S.
sold
-156,969
526
-298
svp & cao

1–10 of 50

Which funds bought or sold ADBE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
BROOKFIELD Corp /ON/
reduced
-75.72
-1,065,230
474,320
-%
2023-09-26
M Holdings Securities, Inc.
reduced
-62.2
-292,000
269,000
0.06%
2023-09-26
DecisionPoint Financial, LLC
reduced
-73.42
-20,176
10,269
-%
2023-09-21
Halpern Financial, Inc.
new
-
6,846
6,846
-%
2023-09-21
Jefferies Group LLC
added
41.06
76,688
1,345,450
0.01%
2023-09-21
Baystate Wealth Management LLC
unchanged
-
26,149
122,492
0.01%
2023-09-20
BARCLAYS PLC
added
28.01
397,915,000
1,035,310,000
0.66%
2023-09-18
CAPE ANN SAVINGS BANK
added
9.81
472,856
1,674,950
1.11%
2023-09-14
IMS Capital Management
unchanged
-
292,416
1,379,930
0.77%
2023-09-13
CGC Financial Services, LLC
new
-
391,192
391,192
0.25%

1–10 of 47

Latest Funds Activity

Are funds buying ADBE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ADBE
No. of Funds

Schedule 13G FIlings of Adobe

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.48%
39,402,963
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 06, 2023
blackrock inc.
7.9%
36,910,590
SC 13G/A
Feb 09, 2022
vanguard group inc
8.08%
38,433,923
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 01, 2022
blackrock inc.
7.9%
37,526,571
SC 13G/A
Feb 10, 2021
vanguard group inc
7.98%
38,284,290
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G/A
Jan 29, 2021
blackrock inc.
7.9%
37,765,781
SC 13G/A
Feb 12, 2020
vanguard group inc
7.96%
38,580,076
SC 13G/A

Recent SEC filings of Adobe

View All Filings
Date Filed Form Type Document
Sep 27, 2023
10-Q
Quarterly Report
Sep 19, 2023
4
Insider Trading
Sep 18, 2023
144
Notice of Insider Sale Intent
Sep 18, 2023
4
Insider Trading
Sep 14, 2023
8-K
Current Report
Sep 01, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 07, 2023
4
Insider Trading
Aug 04, 2023
144
Notice of Insider Sale Intent
Jul 26, 2023
4
Insider Trading

ADBE Fair Value

Loading...

Peers (Alternatives to Adobe)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
211.9B
-2.09% 38.56%
33.05
11.29
6.88% -0.52%
237.6B
18.9B
-7.47% 89.36%
46.4
12.58
9.86% 6.40%
-
-
4.66% -14.69%
-
-
- -
292.3B
51.0B
-11.76% 75.63%
31.17
5.74
15.41% 61.40%
198.6B
33.1B
-8.04% 41.62%
125.87
6.01
14.81% 194.40%
21.0B
4.5B
-2.24% -4.73%
147.96
4.7
3.92% -85.69%
MID-CAP
3.3B
506.6M
-10.09% 9.11%
-20.65
6.42
20.13% -27.36%
12.3B
848.2M
-1.16% 49.49%
84.02
14.46
19.21% 23.01%
7.4B
905.3M
4.13% 46.31%
-47.54
8.14
11.41% -3.11%
SMALL-CAP
1.1B
415.3M
-11.29% 10.70%
-5.96
2.68
11.66% -68.02%
779.1M
403.2M
-31.24% 40.13%
-32.52
1.93
0.77% 74.48%
144.3M
309.9M
19.14% -45.63%
-0.78
0.47
-0.26% -219.50%

Adobe News

Benzinga
$100 Invested In Adobe 10 Years Ago Would Be Worth This Much ....
Benzinga,
21 minutes ago
The Motley Fool
The Motley Fool
Zacks Investment Research

Returns for ADBE

Cumulative Returns on ADBE

26.0%


10-Year Cumulative Returns

25.1%


7-Year Cumulative Returns

14.0%


5-Year Cumulative Returns

2.9%


3-Year Cumulative Returns

Risks for ADBE

What is the probability of a big loss on ADBE?

67.7%


Probability that Adobe stock will be more than 20% underwater in next one year

31.5%


Probability that Adobe stock will be more than 30% underwater in next one year.

16.9%


Probability that Adobe stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ADBE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Adobe was unfortunately bought at previous high price.

Drawdowns

Financials for Adobe

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue2.5%18,88618,42917,99917,60617,19116,69316,14215,78515,09914,38913,68212,86812,43612,04511,66111,17110,64410,1019,5529,0308,572
Cost Of Revenue1.5%2,2882,2542,2212,1652,1042,0251,9301,8651,7861,7461,7171,7221,7461,7351,7271,6731,5791,4591,3331,1951,107
Gross Profit2.6%16,59816,17515,77815,44115,08714,66814,21213,92013,31312,64311,96511,14610,69010,3109,9349,4999,0648,6428,2197,8357,465
Operating Expenses2.1%10,1869,9769,6749,3438,9938,6178,2848,1187,7977,4997,2116,9096,6986,5336,4236,2306,0455,7585,3874,9954,696
  S&GA Expenses1.4%5,2805,2095,1114,9684,8024,6044,4304,3214,1313,9553,7833,5913,4513,3713,3193,2443,1663,0242,8212,6212,471
EBITDA---7,0346,9766,9176,8556,7316,6066,3195,9605,5685,0494,7994,6704,309------
EBITDA Margin---0.39*0.40*0.40*0.41*0.42*0.42*0.42*0.41*0.41*0.39*0.39*0.39*0.37*------
Interest Expenses-0.9%11311411611211211111111311211311311612513714915714913011089.0080.00
Earnings Before Taxes4.6%6,5086,2216,0636,0085,9595,9215,8155,7055,4345,0764,6904,1763,9363,7113,4223,2052,9472,8142,7932,7942,738
EBT Margin---0.34*0.34*0.35*0.35*0.36*0.36*0.36*0.35*0.34*0.32*0.32*0.31*0.29*------
Net Income5.5%5,1214,8544,7374,7564,8134,8894,8274,8225,8395,5825,5665,2603,8623,7003,2332,9522,7782,6522,6822,5912,414
Net Income Margin---0.26*0.27*0.28*0.29*0.30*0.31*0.39*0.39*0.41*0.41*0.31*0.31*0.28*------
Free Cashflow---7,3197,3967,1296,8596,8386,8826,5946,5955,7905,3084,9114,4344,310------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets4.5%29,09027,83826,66727,16526,74426,32625,97627,24126,14425,58224,98524,28422,41421,60321,21420,76220,05519,66619,50618,76915,396
  Current Assets12.2%10,4109,2748,3428,9968,4897,9087,4768,6698,6198,0787,3848,1467,3876,6496,4556,4955,7505,3435,1344,8576,301
    Cash Equivalents21.0%6,6015,4564,0724,2363,8703,3652,7393,8444,6234,2503,4524,4783,7673,0442,6882,6502,2092,0831,7391,6431,747
  Net PPE0.2%2,0362,0321,9671,9081,8581,7901,7031,6731,6291,5731,5301,5171,4671,3871,3401,2931,2441,2051,1041,0751,019
  Goodwill0%12,80012,80012,79212,78712,75612,80112,80012,66811,83811,86011,84510,74210,73910,70010,69110,69110,68810,70010,70810,5817,137
Liabilities2.4%13,31413,00012,46113,11412,37112,34112,20112,44411,73011,73011,43911,02010,70110,72210,74910,2329,8129,7349,6349,4076,534
  Current Liabilities3.9%8,3348,0197,4378,1287,4387,3857,1976,9326,1916,1455,8065,5125,1305,1645,2288,1917,8037,6875,3144,3013,792
  Long Term Debt0.1%3,6333,6313,6303,6293,6273,6273,6264,1234,1224,1204,1194,1174,1164,1144,1139899889883,2374,1251,870
Shareholder's Equity6.3%15,77614,83814,20614,05114,37313,98513,77514,79714,41413,85213,54613,26411,71310,88110,46510,53010,2439,9329,8719,3628,862
  Retained Earnings4.6%32,01230,60929,43528,31927,15826,02224,96123,90522,75021,53820,52119,61117,38316,42815,39014,82913,97713,18412,57912,25811,137
  Additional Paid-In Capital4.5%11,19510,71710,2849,8689,5489,1028,7508,4288,2097,8777,6177,3577,1956,8926,6656,5046,3356,0515,8575,6855,549
Shares Outstanding0%456456459462467472473475477478479479480482482483486488488488490
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations2.1%8,0307,8617,7627,8387,5797,2797,2277,2306,9466,9786,1745,7275,3224,8084,7344,4224,1534,1864,0524,0293,755
  Share Based Compensation4.0%1,6791,6151,5341,4401,3211,2231,1311,0691,033985952909879843820788755718659610560
Cashflow From Investing81.0%554306-154-570-2,240-2,270-2,239-3,537-1,929-2,111-1,924-414-452-302-372-456-3,425-4,780-4,723-4,685-1,526
Cashflow From Financing3.1%-5,876-6,065-6,235-6,825-5,992-5,831-5,661-4,301-4,163-3,678-3,499-3,488-3,314-3,524-3,395-2,946-254-302-247-5.00-2,249
  Buy Backs-3.7%5,1505,3505,5506,5505,8005,6005,4003,9503,8003,3003,1503,0502,9503,2003,1002,7502,3002,3002,2502,0502,050

ADBE Income Statement

2023-09-01
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 01, 2023
Sep. 02, 2022
Sep. 01, 2023
Sep. 02, 2022
Revenue:    
Subscription$ 4,631$ 4,128$ 13,521$ 12,156
Product96126346417
Services and other163179494508
Total revenue4,8904,43314,36113,081
  Cost of revenue:    
Subscription4474131,3171,216
Product782327
Services and other126125380354
Total cost of revenue5805461,7201,597
Gross profit4,3103,88712,64111,484
  Operating expenses:    
Research and development8817752,5842,214
Sales and marketing1,3371,2663,9833,671
General and administrative3533191,041879
Amortization of intangibles4243126127
Total operating expenses2,6132,4037,7346,891
 Operating income1,6971,4844,9074,593
  Non-operating income (expense):    
Interest expense(27)(28)(85)(84)
Investment gains (losses), net6(6)12(23)
Other income (expense), net6761575
Total non-operating income (expense), net46(28)84(102)
Income before income taxes1,7431,4564,9914,491
Provision for income taxes3403201,046911
Net income$ 1,403$ 1,136$ 3,945$ 3,580
Basic net income per share (in usd per share)$ 3.07$ 2.42$ 8.62$ 7.60
Shares used to compute basic net income per share (in shares)456.4468.5457.7471.1
Diluted net income per share (in usd per share)$ 3.05$ 2.42$ 8.59$ 7.57
Shares used to compute diluted net income per share (in shares)459.5469.4459.2472.7

ADBE Balance Sheet

2023-09-01
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 01, 2023
Dec. 02, 2022
[1]
Current assets:  
Cash and cash equivalents$ 6,601$ 4,236
Short-term investments9151,860
Trade receivables, net of allowances for doubtful accounts of $18 and $23, respectively1,8512,065
Prepaid expenses and other current assets1,043835
Total current assets10,4108,996
Property and equipment, net2,0361,908
Operating lease right-of-use assets, net373407
Goodwill12,80012,787
Other intangibles, net1,1671,449
Deferred income taxes1,065777
Other assets1,239841
Total assets29,09027,165
Current liabilities:  
Trade payables314379
Accrued expenses1,7141,790
Debt0500
Deferred revenue5,3755,297
Income taxes payable85775
Operating lease liabilities7487
Total current liabilities8,3348,128
Long-term liabilities:  
Debt3,6333,629
Deferred revenue108117
Income taxes payable498530
Operating lease liabilities389417
Other liabilities352293
Total liabilities13,31413,114
Stockholders’ equity:  
Preferred stock, $0.0001 par value; 2 shares authorized; none issued00
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued;  456 and 462 shares outstanding, respectively00
Additional paid-in-capital11,1959,868
Retained earnings32,01228,319
Accumulated other comprehensive income (loss)(285)(293)
Treasury stock, at cost (145 and 139 shares, respectively)(27,146)(23,843)
Total stockholders’ equity15,77614,051
Total liabilities and stockholders’ equity$ 29,090$ 27,165
[1]The condensed consolidated balance sheet as of December 2, 2022 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
Shantanu Narayen
26000
Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.