Adobe Inc. (ADBE)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-07-07
$221.54+1.59%
Close 2026-07-07 · 1-day change
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Track ADBE free→Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Application Software is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is slowing — up about 11% over the past year and decelerating.
View GrowthRanks among the strongest in its industry on quality — around the top 4%.
View QualityManagement screens strong on capital allocation, earnings delivery, margins.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 49% in its worst 12-month stretch.
View RiskAdobe's growth depends on achieving revenue and earnings targets for FY2026. Recent earnings showed a 13% year-over-year revenue increase and beat expectations. It trades at 9.6× P/E, while the peer median is 37×. This suggests the price reflects less growth than expected. A risk is a potential credibility hit if guidance is cut after a recent raise. Peer multiples imply a price about 52% above where it trades.
Trailing returns as of 2026-07-07. ADBE is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 39 analysts currently covering ADBE (as of Jul 2026).
Based on 17 Wall Street analysts offering 12-month price targets for ADBE in the last 4 months.
A consensus fair price across 13 valuation methods, at three horizons. Current price $221.54. As of 2026-07-08. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Application Software — fair value, gap to price, and forward P/E.
Threatens: Achieve revenue and EPS targets for FY2026
Concerns over AI pricing could impact revenue targets.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-07-07. EPS is implied from price ÷ P/E. Not investment advice.
Current $221.54
The last 12 months of price, then the range of analyst 12-month targets from today’s $221.54.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Implement $25 billion stock repurchase program
Stock buyback supports capital allocation objectives.
Lower spending than expected may impact Adobe's revenue targets.
Acquisition enhances Adobe's AI capabilities, supporting growth objectives.
Partnership enhances Adobe's market presence and growth potential.
Threatens: Achieve revenue and EPS targets for FY2026
Margins degradation could hinder revenue and EPS targets.
Threatens: Conduct CEO succession planning
CFO departure raises concerns about leadership stability.
Threatens: Achieve revenue and EPS targets for FY2026
Friction post-results may hinder revenue and EPS targets.