Grufity logoGrufity logo

ADBE

326.68USD-4.47(-1.35%)Market Closed

Adobe Inc.

Market Summary

USD326.68-4.47Market Closed
-1.35%

ADBE Alerts

ADBE Stock Price

RSI Chart

Valuation

Market Cap

151.4B

Price/Earnings

31.46

Price/Sales

8.81

Price/Cashflow

19.98

MarketCap/EBT

25.41

Price/Sales

Profitability

Operating Margin

87.76%

EBT Margin

34.66%

Return on Equity

33.49%

Return on Assets

18%

Fundamentals

Revenue

Revenue (TTM)

17.2B

Revenue Y/Y

12.66%

Revenue Q/Q

1.07%

Earnings

Earnings (TTM)

4.8B

Earnings Y/Y

-6.27%

Earnings Q/Q

-3.57%

Price Action

52 Week Range

274.73675.21
(Low)(High)

Last 7 days

1.3%

Last 30 days

15.9%

Last 90 days

-12.8%

Trailing 12 Months

-46.8%

Financial Health

Current Ratio

1.14

Debt/Equity

0.25

Debt/Cashflow

2.09

Investor Care

Buy Backs (1Y)

1.68%

Diluted EPS (TTM)

10.14

Peers (Alternatives to Adobe)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
11.03% -24.15%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
3.83% -9.74%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-4.65% -48.49%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
15.89% -46.76%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-7.73% -61.54%
25.38
5.85
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
7.01% -21.78%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
6.00% -50.48%
-33.17
6.14
9.33% -463.42%
3.6B
447.2M
-5.07% -46.46%
-29.08
8.53
29.28% -105.78%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
-2.04% -61.67%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
22.20% -38.96%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-15.31% -67.99%
-4.28
0.79
2.66% -1.77%

Financials for Adobe

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.0%17,19116,69316,14215,78515,099
Cost Of Revenue3.9%2,1042,0251,9301,8651,786
Gross Profit2.9%15,08714,66814,21213,92013,313
Operating Expenses4.4%8,9938,6178,2848,1187,797
  S&GA Expenses4.3%4,8024,6044,4304,3214,131
Earnings Before Taxes0.6%5,9595,9215,8155,7055,434
Net Income-1.6%4,8134,8894,8274,8225,839
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.6%26,74426,32625,97627,24126,144
  Current Assets7.3%8,4897,9087,4768,6698,619
    Cash Equivalents15.0%3,8703,3652,7393,8444,623
  Net PPE3.8%1,8581,7901,7031,6731,629
Liabilities0.2%12,37112,34112,20112,44411,730
  Current Liabilities0.7%7,4387,3857,1976,9326,191
  Long Term Debt0%3,6273,6273,6264,1234,122
Shareholder's Equity2.8%14,37313,98513,77514,79714,414
  Retained Earnings4.4%27,15826,02224,96123,90522,750
  Additional Paid-In Capital4.9%9,5489,1028,7508,4288,209
Shares Outstanding-0.6%469472473475477
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations4.1%7,5797,2797,2277,2306,946
  Share Based Compensation8.0%1,3211,2231,1311,0691,033
Cashflow From Investing1.3%-2,240.00-2,270.00-2,239.00-3,537.00-1,929.00
Cashflow From Financing-2.8%-5,992.00-5,831.00-5,661.00-4,301.00-4,163.00
  Buy Backs3.6%5,8005,6005,4003,9503,800

Risks

What is the probability of a big loss on ADBE?

53.1%


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

16.9%


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

13.1%


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.

Returns

Cumulative Returns on ADBE

25.0%


10-Year Cumulative Returns

20.1%


7-Year Cumulative Returns

13.7%


5-Year Cumulative Returns

2.6%


3-Year Cumulative Returns

What are the long-term rolling returns for ADBE?

FIve years rolling returns for Adobe.

Which funds bought or sold ADBE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
225,000
225,000
0.23%
2022-11-29
London & Capital Asset Management Ltd
REDUCED
-20.53
-11,939,000
17,721,000
1.65%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-3.36
-198,923
531,000
0.33%
2022-11-23
Gould Capital, LLC
ADDED
2.61
-529,000
1,782,000
1.54%
2022-11-23
Invst, LLC
REDUCED
-3.79
-147,000
247,000
0.04%
2022-11-23
Toroso Investments, LLC
ADDED
41.02
322,000
5,664,000
0.23%
2022-11-22
Dash Acquisitions Inc.
ADDED
8.14
-1,494,000
6,498,000
3.63%
2022-11-22
IHT Wealth Management, LLC
ADDED
30.67
-19,000
1,062,000
0.08%
2022-11-22
CVA Family Office, LLC
ADDED
9.03
-69,000
316,000
0.09%
2022-11-22
Capital Impact Advisors, LLC
REDUCED
-30.72
-235,000
256,000
0.26%

1–10 of 48

Latest Funds Activity

Are funds buying ADBE calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own ADBE

Adobe News

Nasdaq

These 3 Tech Companies Have Made Notable Acquisitions in 2022.4 hours ago

The Motley Fool

The Motley Fool

ADBE Fair Value

Adobe fair value in different scenarios

The table shows the Fair Value estimates for Adobe for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

354.49

8.51%

546.73

67.36%

769.61

135.59%

946.81

189.83%

1171.80

258.70%

Current Inflation

318.42

-2.53%

479.55

46.80%

660.47

102.18%

808.09

147.36%

992.96

203.95%

Very High Inflation

274.92

-15.84%

400.90

22.72%

535.90

64.04%

650.64

99.17%

791.66

142.34%

Historical Adobe Fair Value Estimates


Recent SEC filings of Adobe

View All Filings
Date Filed Form Type Document
Nov 16, 2022
4
Insider Trading
Nov 15, 2022
S-4
Mergers and Acquisition
Nov 08, 2022
425
Prospectus Filed
Oct 26, 2022
4
Insider Trading
Oct 26, 2022
4
Insider Trading
Oct 26, 2022
4
Insider Trading
Oct 26, 2022
4
Insider Trading
Oct 26, 2022
4
Insider Trading
Oct 26, 2022
4
Insider Trading
Oct 26, 2022
4
Insider Trading

Latest Insider Trading transactions for ADBE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-30
Chen Gloria
SOLD FOR TAXES
-38,287.2
344.93
-111
EVP, Chief People Officer
2022-11-30
Chen Gloria
ACQUIRED
-
-
224
EVP, Chief People Officer
2022-11-15
Durn Daniel
SOLD FOR TAXES
-694,688
345.96
-2,008
EVP & CFO
2022-11-15
Durn Daniel
ACQUIRED
-
-
3,837
EVP & CFO
2022-10-25
WARNOCK JOHN E
SOLD
-5,433,250
319.603
-17,000
-
2022-10-25
Belsky Scott
SOLD
-865,134
319.12
-2,711
EVP, CPO, Creative Cloud
2022-10-24
Rao Dana
ACQUIRED
-
-
1,334
EVP, Gen. Counsel & Secretary
2022-10-24
Chakravarthy Anil
SOLD FOR TAXES
-94,233.6
316.22
-298
President, DX
2022-10-24
Lewnes Ann
ACQUIRED
-
-
1,571
EVP, CMO, Corp Strategy & Dev
2022-10-24
Belsky Scott
ACQUIRED
-
-
1,873
EVP, CPO, Creative Cloud

1–10 of 50

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.

ADBE Income Statement

2022-09-02
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 02, 2022
Sep. 03, 2021
Sep. 02, 2022
Sep. 03, 2021
Revenue:    
Subscription$ 4,128$ 3,657$ 12,156$ 10,761
Product126119417427
Services and other179159508487
Total revenue4,4333,93513,08111,675
Cost of revenue:    
Subscription4133441,216996
Product8102729
Services and other125113354333
Total cost of revenue5464671,5971,358
Gross profit3,8873,46811,48410,317
Operating expenses:    
Research and development7756512,2141,883
Sales and marketing1,2661,0683,6713,190
General and administrative319265879811
Amortization of intangibles4343127132
Total operating expenses2,4032,0276,8916,016
Operating income1,4841,4414,5934,301
Non-operating income (expense):    
Interest expense(28)(27)(84)(85)
Investment gains (losses), net(6)7(23)20
Other income (expense), net6(3)51
Total non-operating income (expense), net(28)(23)(102)(64)
Income before income taxes1,4561,4184,4914,237
Provision for income taxes320206911648
Net income$ 1,136$ 1,212$ 3,580$ 3,589
Basic net income per share$ 2.42$ 2.54$ 7.60$ 7.51
Shares used to compute basic net income per share468.5476.7471.1477.8
Diluted net income per share$ 2.42$ 2.52$ 7.57$ 7.45
Shares used to compute diluted net income per share469.4480.7472.7481.5

ADBE Balance Sheet

2022-09-02
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 02, 2022
Dec. 03, 2021
[1]
Current assets:  
Cash and cash equivalents$ 3,870$ 3,844
Short-term investments1,8941,954
Trade receivables, net of allowances for doubtful accounts of $24 and $16, respectively1,7231,878
Prepaid expenses and other current assets1,002993
Total current assets8,4898,669
Property and equipment, net1,8581,673
Operating lease right-of-use assets, net414443
Goodwill12,75612,668
Other intangibles, net1,5481,820
Deferred income taxes7991,085
Other assets880883
Total assets26,74427,241
Current liabilities:  
Trade payables316312
Accrued expenses1,6291,736
Debt5000
Deferred revenue4,8294,733
Income taxes payable7654
Operating lease liabilities8897
Total current liabilities7,4386,932
Long-term liabilities:  
Debt3,6274,123
Deferred revenue114145
Income taxes payable510534
Deferred income taxes35
Operating lease liabilities426453
Other liabilities253252
Total liabilities12,37112,444
Stockholders' equity:  
Preferred stock, $0.0001 par value; 2 shares authorized, none issued00
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued; 467 and 475 shares outstanding, respectively00
Additional paid-in-capital9,5488,428
Retained earnings27,15823,905
Accumulated other comprehensive income (loss)(224)(137)
Treasury stock, at cost (134 and 126 shares, respectively)(22,109)(17,399)
Total stockholders’ equity14,37314,797
Total liabilities and stockholders' equity$ 26,744$ 27,241
[1]The condensed consolidated balance sheet as of December 3, 2021 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.