Adobe Inc. (ADBE)
Technology · NASDAQ · US
Price as at 5 Sept 2026, 02:25 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Adobe Inc. trades at $266.51, which is 95% below the $520.00 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 83 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 12.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
ADBE dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2005 | $0.006 | 1 |
| 2004 | $0.033 | 5 |
| 2003 | $0.026 | 4 |
| 2002 | $0.019 | 3 |
| 2001 | $0.033 | 5 |
| 2000 | $0.019 | 3 |
| 1999 | $0.025 | 4 |
| 1998 | $0.017 | 4 |
| 1997 | $0.034 | 6 |
| 1996 | $0.025 | 4 |
| 1995 | $0.025 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
ADBE earnings and analyst estimates
Recommendation mix, 39 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Adobe Inc.
Adobe Inc. operates as a technology company worldwide. The Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content. This segment serves photographers, video editors, graphic and experience designers, game developers, content creators, students, marketers, business owners, knowledge workers, and consumers. The Digital Experience segment provides an integrated platform; and products, services, and solutions that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers e-learning, technical document publishing, web conferencing, document and forms platform, web application development, printing, and Adobe Advertising solutions. It also provides consulting, training, customer management, technical support, and learning services. The company offers its solutions to enterprise customers, and businesses and consumers; and licenses its products to end-user customers through app stores and website at adobe.com. It markets and distributes its products through distributors, retailers, software developers, mobile app stores, systems integrators, independent software vendors, value-added resellers, and original equipment and hardware manufacturers. The company also provides an online visibility management and content marketing software-as-a-service platform. The company has a strategic alliance with HUMAIN for the development of generative AI models and AI-powered applications. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
ADBE passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
30 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$1.39B · 0.6% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$805.01M · 0.3% of book
- Dodge & Cox, DODGE & COX$638.62M · 0.3% of book
- Bill Nygren, HARRIS ASSOCIATES L P$580.02M · 0.8% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$224.12M · 0.2% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Adobe Inc. (ADBE) undervalued?
Against our fair value estimate of $520.00, ADBE at $266.51 is 95% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own ADBE?
30 of the institutions we track reported a position in ADBE in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is ADBE's P/E ratio?
ADBE trades at 12.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
When does ADBE report earnings next?
Adobe Inc. is scheduled to report on 10 Sept 2026. Companies move earnings dates, so read it as scheduled rather than certain.
Where does SteadyShares get its ADBE data?
Fundamentals for ADBE come from company filings and exchange data, as listed on NASDAQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 5 Sept 2026, 02:25 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for ADBE, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.