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ADBEAdobe Inc.Buy Wait6.0·$207.82+0.71%
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Adobe Inc. (ADBE) Stock Analysis

Falling Knife setup · Temp Headwind edge

Buy WaitModerate Confidence

Technology · Software - Application

Wait for pullback to $202.91. Weak momentum; also below 200-day MA (death cross), recent C-suite change — blocks BUY_NOW at $207.82. Engine's entry $202.91 (support + ATR) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Negative momentum; Below 200-MA, MA slope -5.4%/30d (confirmed downtrend).

Adobe sells subscriptions to creative (Photoshop, Illustrator, Premiere Pro), document productivity (Acrobat), and digital marketing (Experience Platform) software across desktop, mobile, and web globally. The tiered subscription model — from freemium Acrobat Reader to Creative... Read more

$207.82+30.8% A.UpsideScore 6.0/10#29 of 98 Software - Application
QualityF-score8 / 9FCF yield11.19%
Entry $202.91(support + ATR)Stop $190.99Target $265.40(analyst − 8%)A.R:R 2.4:1Setup A.R:R 5.2:1
Analyst target$288.48+38.8%33 analysts
$265.40our TP
$207.82price
$288.48mean
$487

Wait for pullback to $202.91. Weak momentum; also below 200-day MA (death cross), recent C-suite change — blocks BUY_NOW at $207.82. Engine's entry $202.91 (support + ATR) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Negative momentum; Below 200-MA, MA slope -5.4%/30d (confirmed downtrend). Chart setup: Death cross, below all MAs, RSI 36, MACD bearish. Wide-moat business. Accumulate on weakness. Score 6.0/10, moderate confidence.

Passes 6/9 gates (favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity 85d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA). Suitability: aggressive.

10-K grounded · weekly refresh

About Adobe Inc.

About Adobe Inc.

Adobe's creative and productivity suite — spanning Photoshop, Illustrator, Premiere Pro, Acrobat, Firefly, and Experience Platform — serves business professionals, consumers, creators, and marketing professionals built over more than four decades of operation. Freemium Acrobat Reader on desktop and mobile provides access to what the 10-K describes as billions of potential users in the productivity segment. Firefly generative AI models, trained on licensed and public domain content to produce commercially safe outputs, are embedded across core products in tiered Standard, Pro, and Premium subscription plans; the recently launched Acrobat Studio unifies Acrobat and Express into a single productivity and creation platform.

Adobe generates revenue through tiered subscription plans — Creative Cloud Pro (desktop, web, and mobile apps), Acrobat Standard and Pro tiers, Firefly subscription tiers, and enterprise Adobe Experience Platform licenses — sold through adobe.com and enterprise sales teams. For marketing professionals, Adobe GenStudio serves as an end-to-end content supply chain platform integrating Experience Manager Assets, Workfront, and Firefly Services with third-party system connections. The company competes broadly: against productivity tools and consumer-focused platforms (including social media and presentation tools) for the business professional segment; against professional creative tools and mobile apps for creative professionals; and against large enterprise software companies and specialized point solutions for marketing professionals. Adobe Firefly Custom Models and Firefly Foundry represent newer enterprise-tier offerings enabling businesses to train generative AI on proprietary brand assets.

Show full overview

Adobe's Firefly AI models subject the company to the EU AI Act, with obligations that went into effect and continue to be implemented in phases through 2030. The 10-K discloses that some of Adobe's operations are already subject to the EU AI Act, and non-compliant companies may face administrative fines; the scope of required adaptation depends on how the regulation is implemented and interpreted, which may increase compliance costs and affect how AI solutions are offered. Domestically, the U.S. AI regulatory framework remains in development at both federal and state levels, creating the risk of inconsistent multi-jurisdictional compliance obligations. The 10-K also discloses that a previously announced acquisition was terminated after failing to obtain regulatory approval, incurring additional costs — indicating that Adobe's inorganic growth strategy may be subject to regulatory clearance risk.

See also: Technology · Software - Application

From Adobe Inc.'s most recent 10-K filing, extracted June 9, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Sep 10, 202685d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
High-quality business
Attractive valuation
Risks
Negative momentum
Below 200-MA, MA slope -5.4%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)11.9
P/E (Fwd)7.5
Mkt Cap$82.4B
EV/EBITDA8.6
Profit Mgn28.7%
ROE63.0%
Rev Growth12.7%
Beta1.40
DividendNone
Rating analysts45

Quality Signals

Piotroski F8/9MoatWideCompounder

Options Flow

P/C1.52bearish
IV51%elevated
Max Pain$860+313.8% vs spot

Material Events(8-K, last 90d)

  • 2026-04-21Item 5.02LOW
    Stockholders approved amendment to Adobe's 2019 Equity Incentive Plan on April 15, 2026, increasing share reserve by 12 million shares. Compensatory arrangement under Item 5.02(e); no officer departure or appointment involved.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

Show full disclosure ▾

About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·2 ceiling hits

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Obv
1.0
Ma Position
1.0
Volume
3.3
Rsi
3.5
Volume distribution (falling OBV)Below 200-MA, MA slope -5.4%/30d — confirmed downtrend
GatesMomentum 1.8<4.5Death cross (50MA < 200MA)Executive change: officer departure/appointmentA.R:R 2.4 ≥ 1.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 85d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARFalling KnifeSuitability: Aggressive
RSI
36 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $196.90Resistance $275.44

Price Targets

$191
$203
$265
A.Upside+27.7%
A.R:R2.4:1
Setup A.R:R (at entry)5.2:1

Position Sizing

ConvictionHigh conviction
Suggested %0.7%
Max %1.3%
RegimeSteady

Risk Alerts

! momentum at 1.8 (below the engine's 4.5 threshold)
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-09-10 (85d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ADBE stock a buy right now?

Wait for pullback to $202.91. Weak momentum; also below 200-day MA (death cross), recent C-suite change — blocks BUY_NOW at $207.82. Engine's entry $202.91 (support + ATR) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Negative momentum; Below 200-MA, MA slope -5.4%/30d (confirmed downtrend). Chart setup: Death cross, below all MAs, RSI 36, MACD bearish. Wide-moat business. Accumulate on weakness. Target $265.40 (+27.7%), stop $190.99 (−8.8%), Setup A.R:R 5.2:1. Score 6.0/10, moderate confidence.

What is the ADBE stock price target?

Take-profit target: $265.40 (+30.8% upside). Target $265.40 (+27.7%), stop $190.99 (−8.8%), Setup A.R:R 5.2:1. Stop-loss: $190.99.

What are the risks of investing in ADBE?

Negative momentum; Below 200-MA, MA slope -5.4%/30d (confirmed downtrend).

Is ADBE overvalued or undervalued?

Adobe Inc. trades at a P/E of 11.9 (forward 7.5). TrendMatrix value score: 8.8/10. Verdict: Buy (Wait for Entry).

What do analysts say about ADBE?

45 analysts cover ADBE with a consensus score of 3.6/5. Average price target: $288.

What does Adobe Inc. do?Adobe sells subscriptions to creative (Photoshop, Illustrator, Premiere Pro), document productivity (Acrobat), and...

Adobe sells subscriptions to creative (Photoshop, Illustrator, Premiere Pro), document productivity (Acrobat), and digital marketing (Experience Platform) software across desktop, mobile, and web globally. The tiered subscription model — from freemium Acrobat Reader to Creative Cloud Pro and enterprise Experience Platform licenses — serves business professionals, consumers, creative professionals, and marketing professionals. Firefly generative AI models, trained on licensed content, are embedded across the portfolio in Standard, Pro, and Premium subscription tiers.

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