Adobe/$ADBE

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About Adobe

Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content across multiple operating systems, devices, and media. The company operates in three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
Ticker
$ADBE
Sector
Software & Cloud Services
Primary listing
NASDAQ
Employees
31,360

Adobe Metrics

BasicAdvanced
$99B
13.90
$17.91
1.42
-

What the Analysts think about Adobe

Analyst ratings (Buy, Hold, Sell) for Adobe stock.
Analyst projections of the future price of Adobe stock.

Bulls say / Bears say

Adobe delivered record third-quarter revenue of $6.76 billion, up 13% year on year, and raised its full-year revenue and earnings targets. This shows the existing subscription business is still performing well despite the AI transition. (Reuters, Business Wire)
AI is beginning to produce paid demand, not just product trials: AI-first ARR grew more than 150% year on year to over $650 million, while Firefly app and credit-pack ARR rose 40% quarter on quarter. Continued usage growth could make AI a meaningful second growth engine. (Business Wire, The Motley Fool)
Adobe is building a very large distribution funnel: total monthly active users passed one billion, while creative freemium users exceeded 100 million, up more than 70% year on year. Its enterprise experience products also reported ARR growth above 20%, giving the company several routes to monetise AI and deepen customer relationships. (The Motley Fool, Convexity)
Forward-looking indicators are weakening relative to reported revenue: total ARR grew 11.2% year on year, while remaining performance obligations grew only 8% and fell sequentially. That suggests future contracted growth may be slowing even though current revenue remains strong. (The Motley Fool, Convexity)
The AI opportunity is still small compared with Adobe’s core business: AI-first ARR above $650 million is only a modest share of the $27.5 billion total ARR base. The growing free-user pool therefore has yet to prove that it will convert into enough paid subscriptions to offset slower near-term contract growth. (Convexity, The Motley Fool)
Adobe has delayed planned Creative Cloud price increases while it expands free AI features, which points to pressure on pricing power. Competition from low-cost creative tools and generative AI is also putting Adobe Stock under structural pressure, potentially limiting margins and subscription growth. (Speedwell Research, Convexity)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.

Adobe Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Adobe Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Adobe

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