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Adobe Inc (ADBE34) Fair Value & Analysis

Technology · BR · Market cap R$523B

AI Adobe Inc ADBE34 · SA
PriceR$22.82
Fair ValueR$6.09
Upside-73.3%
Quality67/100
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Evidence: High Range R$4.56 – R$7.62

Fair value as of: Jul 14, 2026

From 24 valuation models · updated yesterday

Share price +9.8% over the past month.

Price vs Fair Value (12 months)

R$41.85 R$19.98 Fair Value R$6.09 Jul 2025 Jul 2026

12‑month range R$19.98 – R$41.85 · fair‑value band R$4.56 – R$7.62 · the R$22.82 price screens above the R$6.09 fair value. As of Jul 14, 2026.

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Analysis

Adobe Inc (ADBE34) currently trades at R$22.82, while our model-based Fair Value estimate is R$6.09 — implying the stock looks roughly 73.3% overvalued today. We read business quality at 67/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Adobe Inc generated revenue of R$24.5B at a net margin of 29.5%. Revenue grew 12.0% year over year. It earns a return on equity of 58.8%. Net debt stands at R$779M. Fundamentals as of Jul 14, 2026

Our scenario range runs from R$4.56 (bear case) to R$7.62 (bull case); at R$22.82, the current price sits above that range. The share trades about 51% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside — at -73%, ADBE34 screens richer than that median.

Key figures & financial health

Revenue (TTM) R$24.5B
Revenue growth (YoY) +12.0%
Net margin 29.5%
Return on equity 58.8%
Free cash flow R$9.9B FY2025
P/E ratio 14.9
More key figures
Operating margin 38.8%
EPS (TTM) R$1.74
EPS growth (YoY) +11.1%
Net debt R$779M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 14, 2026. TTM = trailing twelve months.

About the company

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 …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Adobe Inc reported revenue of R$23.8B in FY2025 versus R$15.8B in FY2021, a compound +10.8%/yr. Reported net income was R$7.1B in FY2025, compounding +10.3%/yr from FY2021.

Revenue +10.8%/yr
FY21 R$15.8B
FY22 R$17.6B
FY23 R$19.4B
FY24 R$21.5B
FY25 R$23.8B
Net income +10.3%/yr
FY21 R$4.8B
FY22 R$4.8B
FY23 R$5.4B
FY24 R$5.6B
FY25 R$7.1B

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Cite: Fair Value Calculator (2026). "Adobe Inc Fair Value". https://www.fairvalue-calculator.com/stock/ADBE34

Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

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Frequently asked questions

Is Adobe Inc (ADBE34) undervalued?
As of Jul 14, 2026, our model estimates a fair value of R$6.09 versus a price of R$22.82 — about −73% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ADBE34?
Our model-based fair value for Adobe Inc is R$6.09 (as of Jul 14, 2026), built from audited fundamentals. The current price is R$22.82.
What is the quality score of ADBE34?
Adobe Inc has a Quality Score of 67/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Adobe Inc (ADBE34)?
Adobe Inc reported trailing-twelve-month revenue of about R$24.5B (latest available figure, as of Jul 14, 2026).
What is the net profit margin of ADBE34?
The net profit margin of Adobe Inc is about 29.5%, meaning it keeps roughly 29.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.