Adobe Inc ADBE Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$239.30 down $7.14, 2.90% at close Nov 6
Last close · Previous close $246.44
- Market cap
- At the Nov 6 close
- P/E ratio
- 13.36On last 12 months’ EPS
- Diluted EPS
- $17.91Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$239.30down $7.14, 2.90%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$246.44Nov 5
- Volume3.30MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume4.19MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $190.12 to $362.71; now $239.30
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
ADBE beat the S&P 500 in 1 of 7 periods.
| Period | ADBE and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | ADBE: up 0.5% S&P 500: down 5.6% | ADBE beat the S&P 500 by 6.1 percentage points Beat |
| 3M | ADBE: down 8.0% S&P 500: down 4.1% | ADBE trailed the S&P 500 by 3.9 percentage points Trailed |
| YTD | ADBE: down 31.6% S&P 500: up 8.7% | ADBE trailed the S&P 500 by 40.3 percentage points Trailed |
| 1Y | ADBE: down 26.9% S&P 500: up 10.9% | ADBE trailed the S&P 500 by 37.8 percentage points Trailed |
| Long term | ||
| 3Y | ADBE: down 57.7% S&P 500: up 75.0% −24.9% vs +20.5% a year | ADBE trailed the S&P 500 by 132.7 percentage points Trailed |
| 5Y | ADBE: down 63.9% S&P 500: up 67.8% −18.4% vs +10.9% a year | ADBE trailed the S&P 500 by 131.7 percentage points Trailed |
| 10Y | ADBE: up 125.3% S&P 500: up 313.1% +8.5% vs +15.2% a year | ADBE trailed the S&P 500 by 187.8 percentage points Trailed |
$10,000 invested in ADBE 10 years ago (Nov 4, 2016) would be worth about $22,533 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
ADBE beat the S&P 500 in 1 of 7 periods.
| Period | ADBE and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | ADBE: up 0.5% S&P 500: down 5.6% | ADBE beat the S&P 500 by 6.1 percentage points Beat |
| 3M | ADBE: down 8.0% S&P 500: down 4.3% | ADBE trailed the S&P 500 by 3.7 percentage points Trailed |
| YTD | ADBE: down 31.6% S&P 500: up 7.8% | ADBE trailed the S&P 500 by 39.4 percentage points Trailed |
| 1Y | ADBE: down 26.9% S&P 500: up 9.7% | ADBE trailed the S&P 500 by 36.6 percentage points Trailed |
| Long term | ||
| 3Y | ADBE: down 57.7% S&P 500: up 68.8% −24.9% vs +19.1% a year | ADBE trailed the S&P 500 by 126.5 percentage points Trailed |
| 5Y | ADBE: down 63.9% S&P 500: up 56.9% −18.4% vs +9.4% a year | ADBE trailed the S&P 500 by 120.8 percentage points Trailed |
| 10Y | ADBE: up 125.3% S&P 500: up 252.6% +8.5% vs +13.4% a year | ADBE trailed the S&P 500 by 127.3 percentage points Trailed |
$10,000 invested in ADBE 10 years ago (Nov 4, 2016) would be worth about $22,533 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$688.37
Closing high on . Now 65.2% below that record.
Split-adjusted daily closes since Aug 14, 1986.
Stock splits
5
Latest: 2-for-1 on . One share bought before the first split is 32 shares today.
All 5 splits
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Aug 28, 2026. “Last 12 months” means the four quarters from Aug 30, 2025 to Aug 28, 2026, and balance-sheet figures are as of Aug 28, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $25.97Bup 12.0%
- Net income
- $7.28Bup 4.7%
- Diluted EPS
- $17.91up 11.7%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Nov 29, 2024) | $5.61B | $1.68B | $3.78 |
| Q1 FY25 (Feb 28, 2025) | $5.71B | $1.81B | $4.14 |
| Q2 FY25 (May 30, 2025) | $5.87B | $1.69B | $3.94 |
| Q3 FY25 (Aug 29, 2025) | $5.99B | $1.77B | $4.18 |
| Q4 FY25 (Nov 28, 2025) | $6.19B | $1.86B | $4.44 |
| Q1 FY26 (Feb 27, 2026) | $6.40B | $1.89B | $4.60 |
| Q2 FY26 (May 29, 2026) | $6.62B | $1.71B | $4.25 |
| Q3 FY26 (Aug 28, 2026) | $6.76B | $1.83B | $4.62 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 3, 2021) | $15.79B | $4.82B | $10.02 |
| FY22 (Dec 2, 2022) | $17.61B | $4.76B | $10.10 |
| FY23 (Dec 1, 2023) | $19.41B | $5.43B | $11.82 |
| FY24 (Nov 29, 2024) | $21.51B | $5.56B | $12.36 |
| FY25 (Nov 28, 2025) | $23.77B | $7.13B | $16.70 |
Margins
- Gross 89.3%
- Operating 35.7%
- Net 28.0%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $10.59BLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$10.81BLast 12 months
- Capital spending$214.00MLast 12 months
- 40.8%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $9.03BLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$9.03BLast 12 months
85% of free cash flow
Balance sheet
- $5.64BAs of Aug 28, 2026
Cash plus short- and long-term marketable securities on the Aug 28, 2026 balance sheet.
- Total debt$6.76BAs of Aug 28, 2026
- Net debt$1.12BAs of Aug 28, 2026
- 0.77As of Aug 28, 2026
Current assets divided by current liabilities on the Aug 28, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.57As of Aug 28, 2026
Total debt divided by shareholders’ equity on the Aug 28, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 8 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✗Current ratio improved: not passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 62.9%Last 12 months
Over the last 12 months, Adobe’s net income was 62.9% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return. ROE can run this high when equity is small, for example after years of large share buybacks.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 24.5%Last 12 months
Over the last 12 months, Adobe’s net income was 24.5% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.000 |
| 2017 | $0.000 |
| 2018 | $0.000 |
| 2019 | $0.000 |
| 2020 | $0.000 |
| 2021 | $0.000 |
| 2022 | $0.000 |
| 2023 | $0.000 |
| 2024 | $0.000 |
| 2025 | $0.000 |
| 2026 (to date) | $0.000 |
Dividend details
- $0.00Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield0.00%Last 12 months
- $0.006Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
About Adobe Inc
Adobe Systems Incorporated (Adobe) is a diversified software company. The Company offers a line of software and services used by professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring and engaging with content and experiences across multiple operating systems, devices and media. The Company markets and licenses its software directly to enterprise customers through its sales force and to end users through application stores and its Website at www.adobe.com. Adobe also distributes its products through a network of distributors, value-added resellers (VARs), systems integrators, independent software vendors (ISVs), retailers and original equipment manufacturers (OEMs). In May 2013, Adobe Systems Inc acquired Ideacodes LLC. In July 2013, Adobe Systems Inc announced the completion of acquisition of privately held Neolane.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Headquarters
- California, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
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ADBE stock FAQ
What is ADBE stock’s price today?
Adobe (ADBE) traded at $239.30 at the close on , down $7.14 (2.90%) from the previous close of $246.44. Over the past 52 weeks it has traded between $190.12 and $362.71.
If you invested $1,000 in ADBE 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in ADBE on would be worth about $2,253 at the close on , a total return of +125.3%. The same $1,000 would be worth $361 if invested five years ago, $731 if invested one year ago, $6,209 if invested 20 years ago, and $58,910 if invested 30 years ago. Past performance doesn’t predict future returns.
What is ADBE’s P/E ratio?
ADBE trades at 13.4 times its diluted earnings over the four quarters to ($17.91 per share), at the close. (How the P/E ratio works.)
How much revenue does Adobe make?
Adobe reported $26.0 billion of revenue over the four quarters to , up 12.0% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $6.8 billion, up 12.9% from a year earlier.
Is Adobe profitable?
Yes. Adobe earned $7.3 billion of net income over the four quarters to , a net margin of 28.0%, and its operating margin was 35.7% (what margins tell you).
What are ADBE’s earnings per share?
ADBE’s diluted earnings per share were $17.91 over the four quarters to , compared with $16.04 in the twelve months before. The latest quarter (Q3 FY26) brought $4.62 per share, against $4.18 a year earlier (how EPS works).
Does ADBE pay a dividend?
Adobe hasn’t paid a dividend in the last twelve months.
What is ADBE’s 52-week high and low?
Over the past 52 weeks ADBE has traded as low as $190.12 and as high as $362.71. At $239.30 at the close on , it is 34.0% below that high and 25.9% above the low.
What is ADBE’s all-time high?
ADBE’s highest closing price was $688.37 on , adjusted for stock splits. At $239.30 at the close on , it is 65.2% below that record.
Has ADBE stock ever split?
Yes, five times: 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on . One share bought before the first split would be 32 shares today.
How has ADBE stock performed?
Including dividends and measured to the close on , ADBE has returned −31.6% so far this year and −26.9% over the past year, and −63.9% over five years (−18.4% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Adobe in?
Adobe is in the Technology sector and the Software - Infrastructure industry, and is headquartered in California, USA.
What exchange does ADBE trade on?
Adobe trades on the Nasdaq under the ticker symbol ADBE. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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