Adobe

Valuation Analysis

About the Company

Adobe en bref

Adobe (ADBE) is currently trading at 170,31 € with a market capitalization of 67,7 Md €. The trailing P/E ratio stands at 11.16x, with a forward P/E of 7.09x. The 52-week range spans from 165,91 € to 342,60 €; the current price is 50.3% below the yearly high. Year-over-year revenue growth stands at +12.7%. The net profit margin stands at 28.69%.

💰 Dividende

Adobe currently does not pay a dividend. The company typically reinvests its earnings into growth initiatives and product development.

📊 Avis des analystes

33 analystes évaluent Adobe (ADBE) au consensus : Conserver. L'objectif de cours moyen est de 251,75 €, soit un potentiel de +47.81% par rapport au cours actuel. La fourchette des objectifs de cours des analystes va de 165,81 € à 424,99 €.

Adobe : la thèse d'investissement en détail

Adobe (ADBE) operates in the Technology — specifically Software - Application — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

Le scénario haussier

Revenue is growing at a healthy 12.7% pace year-over-year, suggesting the business model continues to find new customers and pricing power. With a gross margin near 89.4%, the company sits in the top tier of its industry — these are the kinds of structural margins that protect earnings during downturns. Return on equity of 62.95% places management among the most capital-efficient operators in the public market — every euro of shareholder capital is working hard.

Valorisation en contexte

With a PEG ratio of 0.57, the price-to-earnings multiple is actually below the company's growth rate — classic value-meets-growth territory that Peter Lynch would have called a 'GARP' opportunity. The EV/EBITDA multiple of 8.62x is below the historical equity-market average — strategic acquirers would find the cash-flow profile attractive at this level.

À surveiller

• The forward P/E of 7.09x is meaningfully below the trailing 11.16x — analysts expect earnings to step up; the next earnings release is the test.
• The price sits in the lower quartile of the 52-week range — value hunters often start scaling in around this zone if fundamentals hold.
• The analyst consensus price target implies 47.81% upside — if the next two quarters confirm the underlying thesis, target hikes typically follow.

Thèse d'investissement : forces et faiblesses

Aperçu technique

Price is below both the 50- and 200-day moving averages, with 50d below 200d — a bearish picture (death-cross alignment).

Profil de risque

The data points to market-like volatility, elevated short interest (5.16%).

Trading Data

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