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Adobe

ADBE
$236.28
▼ -32%since Benson's first pick

Market price data through October 13, 2026.

Performance

Oct 2021 – Oct 2026

Benson's first pick
$154$345$537$728Oct 2021Jan 2023Apr 2024Jul 2025Oct 2026Benson picked · $338.85
Model signal
Buy
What Benson's model currently says about this stock.
Benson rating
3.5 / 5
Benson's overall conviction in this stock right now.
Risk
Medium risk
How bumpy the ride tends to be with this stock.

Track record

How this pick has done since Benson first called it.

Benson Return
-32%
How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
First pick price
~$348
Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
Tracking since
August 2025
The month this stock first became a Benson pick.
Tracking duration
14 months
How long Benson has been tracking this pick.

About Adobe

Adobe makes the software behind most of the images, videos, PDFs and ads you see online, including Photoshop, Premiere and Acrobat. Think of it as the toolbox almost every designer, marketer and office worker already reaches for. Customers pay a subscription, so the money comes in every month, and the company now counts more than one billion monthly users.

The case for and against

Both sides of the story, in plain English.

Bull case
  • Cash Machine

    Adobe booked a record 6.76 billion dollars of revenue last quarter, up 13% from a year ago, and turned that into 2.52 billion dollars of operating cash flow in just three months. Net margins sit near 28%, and the company bought back about 9.5 million of its own shares in the quarter.

  • One Billion Users

    Adobe passed one billion monthly active users and says revenue from its new AI-first products grew more than 150% in a year. Recurring revenue now runs at 27.5 billion dollars a year, and management raised its full-year targets, now pointing to about 24.45 to 24.50 dollars of adjusted earnings per share, which makes the stock cheap at roughly 10 times that.

Bear case
  • Free Tools Risk

    A lot of those one billion users pay nothing, and Adobe is pushing free plans hard to win them. It is not yet clear how many will ever upgrade, and the total value of contracted future revenue dipped slightly last quarter, from 22.27 to 22.16 billion dollars.

  • Rivals And Change

    Canva and a wave of AI image and video tools are competing for the same creative customers. Adobe is also in a leadership handoff with a new CEO and an interim finance chief, and it spent about 1.87 billion dollars in cash on its Semrush deal, so execution matters over the next year.

How to read this page

This automated research summary uses Financial Modeling Prep market data through 2026-10-13. Model signals, scores, and risk labels can change and may be incomplete or wrong.

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