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Adobe Inc

ADBE

Market Cap$231.36B
Close$

Compare Adobe

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Adobe IncAdobe Inc42.60%33%120.2
marketMarket Avg59.61.27%31%6.41
TechnologyTechnology Avg47.70.63%42%11.60.7

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.

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$656.11

Target Price by Analysts

30.1% upsideAdobe Target Price DetailsTarget Price
$507.51

Current Fair Value

0.6% upside

Undervalued by 0.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$231.36 Billion
Enterprise Value$227.16 Billion
Dividend Yield$0.0 (0.0%)
Earnings per Share$11.83
Beta1.72
Outstanding Shares452,546,202
Avg 30 Day Volume4,790,646

Return

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

Valuation & Multiples

P/E Ratio42.62
PEG163.28
Price to Sales12.01
Price to Book Ratio14.01
Enterprise Value to Revenue11.7
Enterprise Value to EBIT34.16
Enterprise Value to Net Income41
Total Debt to Enterprise0.02
Debt to Equity0.22

Revenue Sources

No data

ESG Score

No data

About Adobe Inc

CEO: Shantanu Narayen