ADBE

Adobe Inc.
NasdaqGSUSDEQUITY Technology DELAYED
Last price
237.77
▼ 1.01 (0.43%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
239.62
Prev close
238.79
Day high
240.15
Day low
236.77
Volume
2.64M
Market cap
$92.68B
P/E (TTM)
13.33
52W range
190.12 – 363.70

Day trading desk

Current session · delayed
Gap from prior close
+0.35%
Prior close 238.79
VWAP
238.07
-0.12% from price
Relative volume
0.86×
Normal
Session range
2.13%
236.77 – 241.82
Position in range
20%
Near session low
ATR (14D)
7.60
3.20% of price
Prior day high
241.00
PDH
Prior day low
235.51
PDL
Bid / ask spread
—
Quote not published
Session volume
4.31M
Avg 5.01M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+2.12% +0.2%
1M
-10.65% -11.8%
3M
+7.78% +3.3%
6M
-0.84% -19.0%
YTD
-31.96% -46.2%
1Y
-31.33% -47.7%
3Y
-53.30% -135.6%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on ADBE open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+3.54K
Net buying
Buy transactions
33
81.05K shares
Sell transactions
4
77.51K shares
Net transactions
+37
Buys less sells
Sell : buy shares
1.0 : 1
Mixed
Insider-held shares
891.27K
Total on file
Bought 81.05KSold 77.51K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 15, 26
DAY STEVEN
Chief Financial Officer
— 1.74K — Direct
Sep 15, 26
PENTLAND ADELE LOUISE
Officer
— 1.95K — Direct
Aug 14, 26
DAY STEVEN
Chief Financial Officer
— 58 — Direct
Jul 29, 26
FORUSZ JILLIAN
Officer
SELL 416 $109.96K Direct
Jul 15, 26
NARAYEN SHANTANU
Chief Executive Officer
— 8.30K — Indirect
Jul 15, 26
FORUSZ JILLIAN
Officer
— 692 — Direct
Jul 15, 26
DAY STEVEN
Chief Financial Officer
— 690 — Direct
Jul 15, 26
WADHWANI DAVID
Officer
— 3.02K — Direct
Jul 15, 26
CHEN GLORIA T
Officer
— 3.25K — Direct
Jul 15, 26
BALAZS LARA
Officer
— 2.54K — Direct
Jul 15, 26
PENTLAND ADELE LOUISE
Officer
— 1.31K — Direct
Jul 15, 26
CHAKRAVARTHY ANIL
Officer
— 3.02K — Direct
Jun 25, 26
RICKS DAVID A
Director
BUY 10.00K $1.95M Direct
Jun 15, 26
FORUSZ JILLIAN
Officer
— 461 — Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BANSE AMY L
Director 34.52K Conversion of Exercise of derivative security
CALDERONI FRANCIS A
Director 32.72K Conversion of Exercise of derivative security
CHAKRAVARTHY ANIL
Officer 61.89K Conversion of Exercise of derivative security
CHEN GLORIA T
Officer 51.10K Conversion of Exercise of derivative security
DESMOND LAURA B
Director 32.63K Conversion of Exercise of derivative security
DURN DANIEL JAMES
Chief Financial Officer 42.83K Sale
NARAYEN SHANTANU
Chief Executive Officer — Conversion of Exercise of derivative security
RICKS DAVID A
Director 20.43K Purchase
ROSENSWEIG DANIEL L
Director 19.93K Conversion of Exercise of derivative security
WADHWANI DAVID
Officer 43.22K Conversion of Exercise of derivative security

Fundamentals

TTM · reported
Market cap$92.68B
Enterprise value$93.82B
Revenue (TTM)$25.97B
Gross profit$23.18B
EBITDA$9.92B
Net income$7.28B
EPS (TTM)$17.86
Free cash flow$9.35B
Total cash$5.64B
Total debt$6.79B
Book value / share$30.09
Shares outstanding389.20M
Float388.05M
Short % of float5.30%
Dividend yield0.00%
Beta (5Y)1.42

Valuation & profitability ratios

Account required
Trailing P/E13.33
Forward P/E8.60
PEG ratio0.58
Price / sales—
Price / book7.91
EV / revenue3.61
EV / EBITDA9.46
Gross margin89.25%
Operating margin34.82%
Profit margin28.05%
Return on equity61.90%
Return on assets20.08%
Debt / equity57.69
Current ratio0.77
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $23.77B$21.50B$19.41B$17.61B +10.5%
Operating revenue $23.77B$21.50B$19.41B$17.61B +10.5%
Cost of revenue $2.55B$2.36B$2.35B$2.17B +8.2%
Gross profit $21.22B$19.15B$17.05B$15.44B +10.8%
Research & development $4.29B$3.94B$3.47B$2.99B +8.9%
Selling, general & admin $8.06B$7.29B$6.76B$6.19B +10.5%
Total operating expense $12.51B$11.41B$10.40B$9.34B +9.7%
Operating income $8.71B$7.74B$6.65B$6.10B +12.5%
Net interest income $1.00M$172.00M$156.00M-$51.00M -99.4%
Pre-tax income $8.73B$6.93B$6.80B$6.01B +26.0%
Tax provision $1.60B$1.37B$1.37B$1.25B +17.0%
Net income $7.13B$5.56B$5.43B$4.76B +28.2%
Net income to common $7.13B$5.56B$5.43B$4.76B +28.2%
Basic EPS 16.7312.4311.8710.13 +34.6%
Diluted EPS 16.7012.3611.8210.10 +35.1%
EBIT $9.00B$7.10B$6.91B$6.12B +26.7%
EBITDA $9.81B$7.96B$7.78B$6.98B +23.4%
Basic shares 426.00M447.00M457.00M470.00M -4.7%
Diluted shares 427.00M450.00M459.00M471.00M -5.1%

Options analytics

Account required
Put / call volume
1.37
Put-heavy session
Put / call open interest
0.48
Positioning, not flow
Max pain
242.50
+1.8% from spot
ATM implied vol
47.5%
Nearest strike to spot
Skew (10% OTM)
+2.2%
Puts bid over calls
Call volume
2.60K
Contracts, this expiry
Put volume
3.55K
Contracts, this expiry
Heaviest call OI
257.50
2.34K contracts
Heaviest put OI
215.00
965 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Aug 2026 6.096.13 +0.7%
May 2026 5.815.96 +2.5%
Feb 2026 5.876.06 +3.2%
Nov 2025 5.405.50 +1.9%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 6.33 29 $6.83B +10.3%
Next quarter 6.76 26 $7.05B +10.1%
Current year 24.48 34 $26.61B +12.0%
Next year 27.67 36 $29.05B +9.2%

Analyst targets & ownership

Account required
Mean target$275.06
High target$373.00
Low target$195.00
Implied upside15.68%
Analyst count32
ConsensusHOLD
Strong buy / Buy4 / 7
Hold23
Sell / Strong sell4 / 1
Held by insiders0.23%
Held by institutions89.01%
Institutions holding2.93K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
237.51
+0.11% from price
SMA 20
244.71
-2.69% from price
SMA 50
258.77
-7.98% from price
SMA 100
243.39
-2.31% from price
SMA 200
258.74
-7.97% from price
EMA 12
240.96
-1.32% from price
EMA 26
247.53
-3.94% from price
EMA 50
249.85
-4.83% from price
RSI (14)
41.6
Neutral
MACD (12,26,9)
-6.57
Hist -0.30
ATR (14)
7.60
3.19% of price
Realised vol 30D
40.7%
Annualised
Bollinger upper
262.49
20, 2σ
Bollinger lower
226.93
20, 2σ
50 / 200 cross
Golden
258.77 vs 258.74
Trend bias
Below 200
-7.97%

Options chain

Account required
Expiry
Spot 237.77
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.36
Less volatile than market
Correlation to SPY
0.11
Largely independent
Realised vol 30D
40.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-46.3%
Peak to trough
Max drawdown 5Y
-71.9%
Peak to trough
ATR 14
7.60
3.19% of price
Beta (reported)
1.42
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
18.50M
Prior 17.97M
Change vs prior
+2.9%
Shorts adding
% of float
5.30%
Normal
% of shares out
4.73%
Against total outstanding
Days to cover
3.6
Liquid
Float
388.05M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

738 on file
DateFirm ActionFromTo
Sep 14, 26 DA Davidson MAINTAINED Buy Buy
Sep 11, 26 Citigroup MAINTAINED Neutral Neutral
Sep 11, 26 JP Morgan MAINTAINED Overweight Overweight
Sep 11, 26 Jefferies MAINTAINED Hold Hold
Sep 11, 26 TD Cowen MAINTAINED Hold Hold
Sep 11, 26 Evercore ISI Group MAINTAINED In-Line In-Line
Sep 11, 26 Wells Fargo MAINTAINED Overweight Overweight
Sep 11, 26 UBS MAINTAINED Neutral Neutral
Sep 11, 26 RBC Capital MAINTAINED Outperform Outperform
Sep 11, 26 Citizens MAINTAINED Market Perform Market Perform
Sep 11, 26 BMO Capital MAINTAINED Market Perform Market Perform
Sep 11, 26 Piper Sandler MAINTAINED Neutral Neutral

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield0.07%
Payout ratio0.00%
Ex-dividend dateMar 24, 2005
Next pay date—
Last split2:1
Split dateMay 24, 2005

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.