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/ADBE
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Adobe Inc

Adobe Inc

ADBE
$252.23USD↑+1.37%+3.40 today

MARKET CAP

100.3B

P/E (TTM)

14.7x

FWD P/E

—

DAY RANGE

$242 – $255

52W RANGE

$190
$371

AI Summary

Stalk
TrimMedium

ADBE has decisively broken below its key support zone on standout volume, shifting to bearish medium-term structure. With all EMAs sloping down and price below them, the tradable side is now bearish. Short-term conditions remain neutral, so we defer execution and plan to sell into rallies into the broken support zone around the 263–266 area and into the declining EMAs.

  • ↑Q2 revenue was $6.62B (+11% YoY), driven by subscriptions.
  • ↑AI-first products ARR quadrupled to over $500M, boosting engagement.
  • ↓Intense competition from Google, Microsoft, and AI startups risks share.
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Adobe Inc. (NASDAQ: ADBE) is a dominant player in the software industry, primarily focusing on digital media and marketing solutions through innovative platforms like Creative Cloud, Document Cloud, and Experience Cloud. The company is actively capitalizing on the ongoing trend towards AI integration, with significant investments in AI-driven tools, such as Firefly and Acrobat AI Assistant, to enhance creativity and productivity across their user segments ranging from individual creators to large enterprises.

Bull says

  • ↑Q2 revenue was $6.62B (+11% YoY), driven by subscriptions.
  • ↑AI-first products ARR quadrupled to over $500M, boosting engagement.
  • ↑Repurchased 8.5M shares; $27B remaining buyback authorization.
  • ↑GAAP EPS $4.25 (+8% YoY); non-GAAP EPS $5.96 (+18%).
  • ↑Analyst revisions are positive, reflecting bullish sentiment.
  • ↑Low leverage and strong profitability underline quality compounder status.

Bear says

  • ↓Intense competition from Google, Microsoft, and AI startups risks share.
  • ↓Freemium model could lower ARR growth in second half.
  • ↓Elevated AI investments may pressure margins despite revenue gains.
  • ↓Short interest reflects investor skepticism, heightening downside risk.
  • ↓Overhyped AI parallels tech bubbles could lead to expectation gap.
  • ↓Weak momentum and high competition elevate broader economic sensitivity.

Investment themes with ADBE

Buybacks↓ -0.29%

Companies repurchasing their own shares

C · JCI · WFC
Quality↓ -0.56%

Companies with strong fundamentals and stability

NVDA · AAPL · MSFT

Earnings Call · Q3 2025 · Mgmt. Guidance

Updated 09-11-2026bullish

Transcript signals

Bull points

  • Digital experience had a strong Q3, achieving revenue of $1.48 billion for the quarter.
  • Subscription revenue in the quarter was $1.37 billion, representing 11% year-over-year growth, making us the largest software provider in our category.
  • Other business highlights include strong demand for AEP and native apps, with Q3 subscription revenue growing over 40% year over year.
Read full transcript analysis ›