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Adobe Inc ADBE Stock Quote

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  • Last Close 506.30
  • Sector Technology
  • Industry Software - Infrastructure
  • Investment Style Large Growth
  • Day Range 498.70  –  509.25
  • Year Range 274.73  –  570.24
  • Market Cap 230.1562 Bil
  • Volume / Avg 2.4 Mil /  2.8 Mil
  • Price / Sales 12.35
  • Price / Book 14.63
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis ADBE

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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Adobe Earnings: Creative Cloud Drives Strength While Firefly AI Begins To Produce Revenue

Dan Romanoff Senior Equity Analyst

Analyst Note

| Dan Romanoff |

Wide-moat Adobe reported good third-quarter results, including revenue and non-GAAP EPS that exceeded the top end of guidance and our expectations along with it. We characterize management’s fourth-quarter guidance as in line with investor expectations, which given recent strength and with Firefly AI now generating revenue, could be interpreted as a slight disappointment. We think this mentality mainly misses the mark given such a short-term focus. Further, management will provide fiscal 2024 targets within its fourth-quarter results in December so in-line guidance for one quarter matters less to us here. To begin to accommodate recently announced price increases in the area of 10% for various Creative Cloud and single app instances, we are modestly raising our growth estimates over the next several years. Our fair value estimate therefore increases to $510, from $485 previously, although after a strong run, we see shares as fairly valued.

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Key Statistics ADBE

Company Profile ADBE

Business Description

Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

345 Park Avenue
San Jose, CA, 95110-2704
Industry Software - Infrastructure
Employees 29,239

Related Articles ADBE

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of ADBE’s competitive advantage.

Adobe Inc


Microsoft Corp


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Salesforce Inc

−$2.01 (0.40%) +$1.53 (0.49%) −$0.11 (0.10%) +$0.46 (0.22%)
Market Cap
230.16 Bil2.33 Tril287.06 Bil197.50 Bil
Software - Infrastructure Software - Infrastructure Software - Infrastructure Software - Application

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Adobe Inc Stock

No. ADBE does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

ADBE’s market cap is 230.16 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

ADBE’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

ADBE’s price/sales is 12.35.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

ADBE’s price/forward earnings is 45.53.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

ADBE’s price/book is 14.63.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See ADBE’s valuation ratios compared to the Market Index.

ADBE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ADBE’s historical performance against its industry peers and the overall market.