Key facts, as of
As of October 7, 2026, Adobe Inc. (ADBE) trades at $238.12, down 32.0% over the past year. Its 52-week range runs from $190.12 to $363.70; the price is 34.5% below that high. It is 66.0% below its all-time high of $699.54, reached in November 2021. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +121.1%, against +312.9% for the S&P 500 (SPY). It sits 8.0% below its 200-day average of $258.74, the usual sign of a long-term downtrend. Its 30-day volatility is 34.3% annualized, which we rate high risk. It has a trailing P/E of 13.3.
Cite: Portfolio Terminal, "Adobe Inc. (ADBE) stock analysis", 2026-10-07. https://portfolio-terminal.com/analyse/adbe
Where it trades today
trading 28% of the way up its 52-week range
How the price has moved
How far it is from its record
Adobe Inc. (ADBE) is 66.0% below its all-time high of $699.54, reached in November 2021. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +121.1%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
- ADBE trades at 13.3x earnings versus 28.5x for the sector, which means the rerating case depends on proving the discount is too harsh.
- Recent realized volatility is running around 34.3%, above the sector norm of 28.0%, so position sizing matters more than usual.
- ADBE remains in a bearish short-term trend and sits 34.5% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- ADBE is more useful for investors comparing conviction names inside technology than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.
What Would Change the View
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- There is little income cushion here, so total return depends mainly on price appreciation and execution staying on track.
Methodology
- Price, market cap, beta, yield, and liquidity fields for ADBE come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for ADBE. Last refresh: Oct 7, 2026, 9:55 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.
What Adobe Inc. does
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,…
What analysts expect
ADBE carries a hold consensus from 32 analysts, with an average price target of $275.06 versus $238.12 today (+15.5%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
ADBE generated $25.97B in trailing revenue (12.9% year over year), with a 28.0% net margin, and $9.35B of free cash flow, against $1.14B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $23.77B | $21.22B | $8.71B | $7.13B | $16.73 | $9.85B |
| 2024 | $21.50B | $19.15B | $7.74B | $5.56B | $12.43 | $7.87B |
| 2023 | $19.41B | $17.05B | $6.65B | $5.43B | $11.87 | $6.94B |
| 2022 | $17.61B | $15.44B | $6.10B | $4.76B | $10.13 | $7.40B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
ADBE is in 10 of the 30 ETFs we track. It weighs most in XLK: 0.54% of the fund, holding #32 of 75.
How it sits in technology
High-growth sector driven by innovation, cloud computing, AI, and digital transformation.
The companies it competes with
ADBE beside the technology names it is usually measured against.
What the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 8.0% below its 50-day average and 8.0% below its 200-day.
- The 50-day crossed above the 200-day on 2026-10-06 (a “golden cross”).
- RSI at 42 is neither stretched nor washed out.
- The nearest ceiling is $243.34 (+2.2%), the nearest floor $233.77 (-1.8%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is ADBE a good investment in 2026?
Adobe Inc. trades at a P/E ratio of 13.3, with high volatility (34.3% annualized). Recent trend shows weakness.
What is the risk level of ADBE?
Based on 30-day volatility of 34.3%, ADBE has HIGH risk. Beta of 1.42 indicates higher sensitivity to market movements than average.
Does ADBE pay dividends?
Adobe Inc. currently does not pay a regular dividend.
How far is ADBE from its all-time high?
Adobe Inc. is 66.0% below its all-time high of $699.54, reached in November 2021. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +121.1%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold ADBE?
10 of the 30 popular ETFs we track hold Adobe Inc.. The largest weights: XLK (0.54%), VGT (0.49%), QQQM (0.40%), QQQ (0.40%) and VTV (0.22%). Measured on each issuer's full holdings file, dated August 31 to October 1, 2026.
How much of VOO is ADBE?
0.18%, as of August 31, 2026: ADBE is holding #98 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $1.79 in Adobe Inc..
What is the analyst price target for ADBE?
The average analyst price target for Adobe Inc. (ADBE) is $275.06 based on 32 analyst estimates, about 15.5% above the current price of $238.12. The published range runs from $195.00 to $373.00.
How much revenue does ADBE generate?
Adobe Inc. reported $25.97B in trailing twelve-month revenue. Revenue growth is running at 12.9% year over year. Net margin sits at 28.0%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare ADBE with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.