What Is ADBE Fair Value?
Adobe Inc. (ADBE) fair value estimate using multiple valuation models, updated daily.
As of September 15, 2026, Adobe Inc. (ADBE) has a composite fair value estimate of $393.56 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $257.76, suggesting the stock is undervalued by 52.7%.
Data as of September 15, 2026 (today)
Composite Fair Value
Undervalued3 of 4 models$393.56
vs. current price of $257.76(+52.7%)
How Is ADBE Fair Value Calculated?
Four independent models estimate what ADBE is worth. Each uses different inputs and assumptions. The composite blends them by weight.
ADBE Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
41% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$512.17
+98.7%Undervalued
Inputs used
DDM (Dividend Discount Model)
0% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
N/A
This stock does not pay a dividend, so the DDM cannot be applied. The composite adjusts by redistributing this weight to the other models.
ADBE Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
29% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$128.08
-50.3%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
29% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$366.46
+42.2%Undervalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $257.76 is 98.7% below this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $10.50B | $9.39B |
| Year 2 | $12.07B | $9.66B |
| Year 3 | $13.87B | $9.93B |
| Year 4 | $15.95B | $10.22B |
| Year 5 | $18.34B | $10.51B |
| Year 6 | $21.08B | $10.81B |
| Year 7 | $24.24B | $11.12B |
| Year 8 | $27.87B | $11.44B |
| Year 9 | $32.04B | $11.76B |
| Year 10 | $36.84B | $12.10B |
| Terminal Value | $407.03B | $133.69B |
What Are ADBE's Key Financial Metrics?
Earnings & Growth
Current Price
$257.76
EPS (TTM)
$17.90
Forward P/E
9.3
Profit Margin
28.0%
Cash & Balance Sheet
Free Cash Flow
9.1B
EBITDA
9.8B
Book Value
$29.78
Total Debt
6.8B
What Do Analysts Say About ADBE?
Low
$195.00
Average
$276.40
High
$377.07
Upside
+7.2%
ADBE Fair Value FAQ
What is the fair value of ADBE?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), ADBE's estimated fair value is $393.56. The stock is currently trading at $257.76, which makes it undervalued by our analysis.
How is ADBE's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is ADBE overvalued or undervalued?
Based on our analysis, ADBE is undervalued. The current price of $257.76 is 52.7% below our estimated fair value of $393.56.
What do Wall Street analysts say about ADBE?
33 analysts cover Adobe Inc. with a consensus rating of "Hold." The average price target is $276.40, ranging from $195.00 to $377.07. This implies 7.2% upside from the current price.