Fair value (multi-method)
Four independent methods triangulate what ADBE is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$301.67
Method range
$52.40 – $903.93
median $281.42
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $301.67 | +38.15% |
| Exit multiple | $903.93 | +313.96% |
| Analyst target | $261.16 | +19.60% |
| Graham number | $52.40 | -76.00% |
- Forward DCF$301.67
- Exit multiple$903.93
- Analyst target$261.16
- Graham number$52.40
Stock price
$218.36
FCF / share (TTM)
$6.10
3Y FCF CAGR
12.6%
Fair value @ hist. growth
$135.57
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
19.4%
per year over your projection horizon
Margin of safety -61.1% vs hist-growth DCF
Historical 3Y CAGR
12.6%
Your model implies
19.4%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 13% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 9.8% | 16.4% | 15.9% | 15.3% | 14.6% | 13.9% |
| 10.8% | 18.4% | 17.9% | 17.4% | 16.8% | 16.2% |
| 11.8% | 20.4% | 19.9% | 19.4% | 18.9% | 18.4% |
| 12.8% | 22.2% | 21.8% | 21.3% | 20.9% | 20.4% |
| 13.8% | 24.0% | 23.6% | 23.2% | 22.8% | 22.3% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
Net debt
$1.22B
Total debt − cash
Beta
1.43
Vs market benchmark
Frequently asked questions
Adobe (ADBE) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks11.41% TTM
- Dividend Profile0.00% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History6 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.