Adobe Inc

Adobe Inc

ADBE

Market Cap$200.31B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Adobe IncAdobe Inc36.5-39%9.70.5

Earnings Call Q4 2024

December 11, 2024 - AI Summary

Strong Financial Performance in FY2024: Adobe reported record revenue of $21.51 billion, representing 11% year-over-year growth. GAAP earnings per share (EPS) was $12.36, while non-GAAP EPS reached $18.42, marking respective growth rates of 5% and 15%. The company experienced robust cash flows from operations amounting to $8.06 billion.
Digital Media Growth: The digital media segment achieved revenue of $15.86 billion, with net new annual recurring revenue (ARR) hitting $2 billion for the year, marking an all-time high. Q4 digital media revenue was $4.15 billion, growing 12% year-over-year, suggesting sustainable demand for Adobe’s creative and document cloud products.
Innovative AI Offerings: Adobe is focusing heavily on AI with the introduction of generative AI models, particularly the Firefly suite. These innovations are integrated across various products, enhancing productivity and driving user engagement. The cumulative generation of AI content surpassed 16 billion, indicating strong adoption.

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$562.50

Target Price by Analysts

21.4% upsideAdobe Target Price DetailsTarget Price
$477.94

Current Fair Value

3.1% upside

Undervalued by 3.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$200.31 Billion
Enterprise Value$199.38 Billion
Dividend Yield$0 (0%)
Earnings per Share$12.44
Beta1.3
Outstanding Shares441,000,000

Return

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

Valuation & Multiples

P/E Ratio36.5
PEG270.63
Price to Sales9.65
Price to Book Ratio14.95
Enterprise Value to Revenue9.27
Enterprise Value to EBIT25.76
Enterprise Value to Net Income35
Total Debt to Enterprise0.03
Debt to Equity0.47

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Adobe Inc

CEO: Shantanu Narayen