stock.name

Adobe Inc

ADBE

Market Cap$205.52B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Adobe IncAdobe Inc42.80%31%11.90.2

Earnings Call Q1 2024

March 14, 2024 - AI Summary

Adobe reported strong Q1 FY 2024 financial results, with revenue of $5.18 billion, representing 12% YoY growth.
The company's Digital Media business achieved net new ARR of $432 million and revenue of $3.82 billion, growing 13% YoY.
Document Cloud revenue grew by 18% YoY to reach $750 million, driven by demand for Acrobat subscriptions across all customer segments and geographies.

Exclusive for Stockcircle Pro members

Sign upSign Up
$612.08

Target Price by Analysts

17% upsideAdobe Target Price DetailsTarget Price
$458.37

Current Fair Value

12.3% downside

Overvalued by 12.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$205.52 Billion
Enterprise Value$202.33 Billion
Dividend Yield$0.0 (0.0%)
Earnings per Share$10.48
Beta0.0
Outstanding Shares448,000,000
Avg 30 Day Volume3,409,678

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio42.81
PEG-85.14
Price to Sales11.89
Price to Book Ratio15.38
Enterprise Value to Revenue10.15
Enterprise Value to EBIT29.02
Enterprise Value to Net Income42
Total Debt to Enterprise0.02
Debt to Equity0.24

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Adobe Inc

CEO: Shantanu Narayen