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ADBEAdobe Systems Incorporated
Information Technology · Application Software · Large
$263.82−2.49%
As of 23 Oct 2026Mkt cap $111B
Stage 13
BUY
Fundamentals
63.3/75
Technical
11.5/15
Independent
74.8/90
GCAE viewstrong Fundamental /75 and actionable Technical v2 timing align · Rotation is a headwind but is not a hard veto in Stage 13
Price
- 1M
- +10.4%
- 3M
- +11.0%
- 6M
- +7.5%
- 1Y
- −25.5%
Financials & valuation
Cached filing evidence · as of 2026-10-02
Valuation
- P/E
- 14.7xHist median 24.8x
- Forward P/E
- —No validated forward-estimate source
- Price / FCF
- 10.6x
- FCF yield
- 9.4%
Quality
- ROIC
- 58.1%
- Operating margin
- 34.3%
- FCF margin
- 41.4%
- Current ratio
- 1.0x
Growth
- Revenue growth
- +10.5%Latest FY YoY
- Revenue CAGR
- +10.8%
- EPS CAGR
- +13.6%
- FCF CAGR
- +9.4%
Capital
- Share-count trend
- −3.6%3Y annualised
- Net debt
- $719M0.1x OCF
Annual trend
- CAGR 2021–2025
- +10.8%
- Latest · 2025
- $24B
- YoY
- +10.5%
GCAE Research
- Quality Research
- MIXED
- Acceleration Radar
- NOT FLAGGED
- THE ONE
- NOT FLAGGED
- Final / Opportunity
- RECHECK BEFORE ACTION
Key takeaway
Fresh 22 October review found no material evidence changing the approved MIXED assessment; AI monetization and substitution risks remain balanced.
Unresolved question
No reliable unresolved question is available from the current committed evidence.
Watch next
- AI-first ARR quality and retention
- Creative Cloud seat and pricing trends
- new CEO product and distribution priorities
More details & evidence
Production decision
- Stage 13
- BUY
- Technical state
- early-recovery
- Rotation
- headwind
- Evidence
- fresh
Presentation freshness
- Stage 11 market
- 2026-10-23 · Massive
- Financial cache
- 2026-10-02
- Quality Research
- CURRENT
- THE ONE
- NOT FLAGGED
Authority
- Company page
- Presentation only
- Scores
- Frozen GCAE production outputs
- Research
- Research-only lanes; no score override
- Private portfolio
- Not loaded