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→Adobe grows revenue about 10% a year, driven by AI demand. Profit margins stay strong near 40%. The company repurchases shares, returning value to shareholders. Leadership transition is underway but managed.
AI pricing concerns and margin pressure could hurt revenue and profit targets. CFO departure raises leadership risks. Market worries about subscription growth and macro spending may slow sales.
The price is about 52% below our fair value near $458. Analysts expect about 10% revenue growth. Market concerns on margins and leadership weigh on the stock, but fundamentals remain solid.
Breaks if: EPS falls below $22 in FY26
Adobe aims to meet its revenue and EPS targets for fiscal year 2026, reflecting strong AI-driven demand.
Stated in 4 of last 4 quarters. Revenue grew from $5.87B in 2025-Q2 to $6.62B in 2026-Q2, reflecting strong AI-driven demand. Adobe has consistently raised its FY26 revenue and EPS targets, indicating a trajectory of delivering on its growth priorities.
Breaks if: No clear succession plan or multiple executive departures by FY26 end
Adobe is engaged in CEO succession planning as Shantanu Narayen transitions from his role.
Breaks if: Revenue falls below $24B in FY26
Adobe aims to meet its revenue and EPS targets for fiscal year 2026, reflecting strong AI-driven demand.
Stated in 4 of last 4 quarters. Revenue grew from $5.87B in 2025-Q2 to $6.62B in 2026-Q2, reflecting strong AI-driven demand. Adobe has consistently raised its FY26 revenue and EPS targets, indicating a trajectory of delivering on its growth priorities.
Breaks if: Repurchases fall below 5 million shares per quarter
Adobe plans to repurchase up to $25 billion in common stock through April 2030 to return value to shareholders.
Stated in 2 of last 2 quarters. Adobe repurchased 8.5 million shares in 2026-Q2, continuing its $25 billion stock repurchase program. The company is delivering on its capital allocation strategy to return value to shareholders.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Adobe delivered record revenue of $6.62 billion in Q2 and raised FY26 revenue and EPS targets.”
“Adobe delivered record Q1 results with AI-first ARR more than tripling year over year.”
“Adobe's record FY2025 results reflect our growing importance in the global AI ecosystem.”
“Adobe delivered record Q3 revenue, with strength in subscription revenue across both Digital Media and Digital Experience segments.”
“Adobe delivered record revenue of $6.62 billion in Q2 and raised FY26 revenue and EPS targets.”
“Adobe delivered record Q1 results with AI-first ARR more than tripling year over year.”
“Adobe's record FY2025 results reflect our growing importance in the global AI ecosystem.”
“Adobe delivered record Q3 revenue, with strength in subscription revenue across both Digital Media and Digital Experience segments.”
“Adobe repurchased approximately 8.5 million shares during the quarter.”
“Adobe repurchased approximately 8.1 million shares during the quarter.”