InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$245.20

2026-10-16

Market Cap

$95.4B

Volume

3.9M

52-Wk High

$363.70

52-Wk Low

$190.12

Trailing PE

13.7

P/S

3.67

Gross Margin

89.1%

Net Margin

28.0%

ROE

63%

ROIC

37%

Piotroski

7/9

Altman Z

7.3

1-Yr Return

-25.5%

5-Yr Return

-14.2%

Adobe Inc. stands as a prominent global software provider, delivering a diverse range of solutions. Its operations are structured into three primary business divisions: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment empowers individuals, teams, and enterprises to generate, disseminate, and amplify various forms of content through its array of products and services, including the cloud-native Document Cloud platform. Central to this segment is Creative Cloud, its subscription-based flagship, granting access to a comprehensive suite of creative tools. This division caters to a diverse range of users, from professional content creators and marketers to educators, communicators, and general consumers. Adobe's Digital Experience division offers an integrated suite of applications and services designed to empower brands and businesses to craft, orchestrate, assess, and enhance customer journeys, from initial analytical insights to final commercial transactions. It serves a broad professional base including marketing teams, advertisers, agencies, data scientists, and senior executives. The Publishing and Advertising segment provides specialized offerings such as e-learning tools, technical documentation services, web conferencing solutions, advanced printing technologies, and its Advertising Cloud suite. Adobe engages directly with enterprise clients through its dedicated sales teams and regional offices. Individual end-users can access its offerings via app stores or its official website, adobe.com. Additionally, an extensive indirect channel supports distribution, encompassing partners such as distributors, value-added resellers, system integrators, software vendors, retailers, and original equipment manufacturers. Established in 1982, the company, initially named Adobe Systems Incorporated, rebranded as Adobe Inc. in October 2018. Its corporate headquarters are situated in San Jose, California.

SectorTechnologyIndustrySoftware - ApplicationExchangeNASDAQMarket Cap$95.4BEmployees31,360 (SEC-filed)CEOShantanu NarayenIPO1986-08-13CountryUS

345 Park Avenue, San Jose, CA 95110-2704 · Tel 408 536 6000 · adobe.com

INSIDERSTREET SCORE79 / 100Street mean $267.47 (17 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALTWO-WAY FLOW$1.9M buys against $50.2M sells / 6 mo

1 Year vs S&P 500 · ADBE -25.5% · S&P 500 +15.9% · spread -41.4pp

7 Years vs S&P 500 · ADBE -14.2% · S&P 500 +189.9% · spread -204.0pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE79of 100

Score Breakdown

Profitability	100/100
Growth	58/100
Momentum	80/100
Quality	91/100
Earnings Quality	66/100
Balance Sheet	74/100
Value	40/100
Risk (safety)	100/100
Overall	79.4/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
APP	88
DDOG	73
CDNS	76
INTU	79
SNOW	58
ADP	54
ADBE	79

IS Score Trend — quarterly

15 quarters, 23 Q1 to 26 Q3. Peak 84 in 25 Q1, latest 79 — -5 since. Fell in 4 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY79 / 100IS Score 79.4 / 100 · -4.8 from peak of 84

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTURELEAN BULLISHTechnical Score 64 / 100 · Power +28 · 17 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

Both readings sit above the midpoint — business quality at 79 and price structure at 64 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.

Trigger	Where it stands now	What it would mean
IS Score reaches 75 and holds two consecutive quarters	now 79.4	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 84 → 80 → 80 → 79	the direction matters more than the level
Technical vote share back above 50%	now 64%	price structure no longer broken
Institutional holder count rises two quarters running	peak 2,839 → now 1,995	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score4 of 4top 0% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)3 buys2026-08-10

Insider Buys (180d)1$1.95M

ETF Funds (30d)1740 up / 1555 downnet +185 funds

Institutions Added (13F)-190managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 2,839 · latest 1,995 (-844 from peak).

Quarter	Holders	13F shares	Value	Reported own%
2026 Q2	1,995	336.0M	$67.7B	85.1%
2026 Q1	2,185	324.5M	$77.8B	82.2%
2025 Q4	2,515	342.4M	$117.0B	86.7%
2025 Q3	2,467	336.0M	$116.5B	85.1%
2025 Q2	2,670	348.5M	$132.4B	88.2%
2025 Q1	2,683	348.3M	$130.9B	88.2%
2024 Q4	2,839	353.0M	$153.3B	89.3%
2024 Q3	2,768	357.2M	$178.7B	90.4%
2024 Q2	2,735	364.7M	$195.0B	92.3%
2024 Q1	2,749	366.9M	$178.0B	92.9%
2023 Q4	2,799	372.0M	$214.7B	94.2%
2023 Q3	2,586	369.8M	$183.4B	93.6%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Narayen Shantanu	director, Chair and CEO	2026-09-17	SELL	1,378	$0.34M	287,846
Narayen Shantanu	director, Chair and CEO	2026-09-17	SELL	3,430	$0.85M	284,416
Narayen Shantanu	director, Chair and CEO	2026-09-17	SELL	7,168	$1.78M	277,248
Narayen Shantanu	director, Chair and CEO	2026-09-17	SELL	10,313	$2.57M	266,935
Narayen Shantanu	director, Chair and CEO	2026-09-17	SELL	17,595	$4.40M	249,340
Narayen Shantanu	director, Chair and CEO	2026-09-17	SELL	9,978	$2.50M	239,362
Narayen Shantanu	director, Chair and CEO	2026-09-17	SELL	638	$0.16M	238,724
Narayen Shantanu	director, Chair and CEO	2026-09-16	SELL	8,358	$2.09M	355,366

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	18	202,507	$50.2M	Counted
P — Open-market purchases	1	10,000	$1.9M	Counted
M — Exercises (paired A/D)	77	74,597	—	None — mechanics
F — Tax withholding	67	31,914	$7.5M	None — compensation

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalTwo-Way Flow

Open-Market Sells$50.2M18 txns / 6 mo

Open-Market Buys$1.9M1 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-09-16	Narayen Family Trust	125,000	$31.4M
2026-09-08	Durn Daniel	33	$0.0M
2026-07-29	Jillian Forusz	416	$0.1M
2026-06-16	Durn Daniel	42,700	$9.6M
Trailing 12 mo	9 filings	247,035	$60M

Filed	Form	Reporting person	% of class	Shares
2026-08-07	SCHEDULE 13G	STATE STREET CORPORATION	5.20%	20.5M sh
2026-03-26	SCHEDULE 13G/A	The Vanguard Group	—	exit/reporting change
2026-02-05	SCHEDULE 13G/A	The Vanguard Group	10.10%	41.5M sh
2025-10-30	SCHEDULE 13G/A	The Vanguard Group	9.88%	41.4M sh

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Member	Chamber	Trade	Size band	Traded	Disclosed
Ro Khanna	House	SELL	$1,001 - $15,000	2026-09-11	2026-10-09
Kevin Hern	House	SELL	$15,001 - $50,000	2026-08-14	2026-09-02
Kevin Hern	House	SELL	$15,001 - $50,000	2026-08-14	2026-09-02
John Boozman	Senate	SELL	$1,001 - $15,000	2026-02-13	2026-03-06
Markwayne Mullin	Senate	BUY	$15,001 - $50,000	2026-02-04	2026-03-02
Markwayne Mullin	Senate	BUY	$15,001 - $50,000	2026-01-05	2026-02-04

House 12-Mo41 trades14 purchases

Senate 12-Mo13 trades9 purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)2,185

13F Shares325M82.2% of shares out

New / Closed201 / 483positions, QoQ

Increased / Reduced789 / 995positions, QoQ

Put/Call (13F)0.80option positions

Free Float99.8%388M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Assenagon Asset Management S.A.	691,632	$166M
Perpetual Ltd	598,293	$144M
Wealth Enhancement Advisory Servic	444,323	$99M
Ninety One Uk Ltd	263,550	$63M
Fjarde Ap-Fonden /Fourth Swedish N	195,498	$47M
Seilern Investment Management Ltd	137,205	$33M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.1%	$3.0B
VTI	0.1%	$3.0B
VSMPX	0.1%	$3.0B
VTSAX	0.1%	$3.0B
VFINX	0.1%	$2.5B
VFIAX	0.1%	$2.5B

13F Filers Holding ADBE — quarterly

Institutional Put/Call — quarterly

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Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session42.6%2026-10-15

20-Day Avg53.5%50-day 58.3%

TrendFalling20d vs 50d

By Market CenterQ: 42% · N: 52% · B: 38%latest session

Weekly Notional ($B)

Where ADBE Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Ubsa Ubs Ats	5.3M	38 sh
Incr Intelligent Cross Llc	5.1M	31 sh
Ebxl Level Ats	2.8M	25 sh
Sgmt Sigma X2	2.8M	32 sh
Mspl Ms Pool (Ats-4)	2.1M	88 sh
Mstx Ms Trajectory Cross (Ats-1)	1.7M	31 sh

Where a dollar of Adobe Inc. revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
Americas	$14.1B	59%
EMEA	$6.3B	26%
Asia	$3.4B	14%

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ADBE (live moat model)Peer median: APP · DDOG · CDNS · INTU · SNOW

Component scores from the live moat model. Peer median illustrative.

Moat score 42/100 — Weak; primary source Efficient Scale.

3.8 · Employees (SEC filings)

Officer	Title
Shantanu Narayen	Chairman & Chief Executive Officer
Adele Louise Pentland	EVP of Legal & Government Relations, Chief Legal Officer and Corporate Secretary
Anil S. Chakravarthy	President of Customer Experience Orchestration Business
David Wadhwani	President of Creativity & Productivity Business

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Quarterly EPS — Actual vs. Consensus

Beats (>2%)3 of 6recent quarters

Avg Surprise+2.1%

Next Report2026-12-09

Income Quality1.53OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+22.7%	+11.5%	+10.2%	+10.8%	+10.5%
Gross profit	+24.9%	+10.9%	+10.5%	+12.3%	+10.0%
Operating income	+36.9%	+5.1%	+9.1%	+1.4%	+29.1%
Net income	-8.3%	-1.4%	+14.1%	+2.4%	+28.2%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	15.8	17.6	19.4	21.5	23.8
Cost of revenue	1.9	2.2	2.4	2.4	2.7
Gross profit	13.9	15.4	17.1	19.1	21.1
R&D expense	2.5	3.0	3.5	3.9	4.3
SG&A expense	5.4	6.2	6.8	7.3	8.1
Operating income	5.8	6.1	6.7	6.7	8.7
EBITDA	6.7	7.1	7.8	8.0	9.7
D&A	0.9	0.9	0.9	0.9	0.8
Pretax income	5.7	6.0	6.8	6.9	8.7
Income tax	0.9	1.3	1.4	1.4	1.6
Net income	4.8	4.8	5.4	5.6	7.1
Diluted EPS ($)	10.02	10.10	11.83	12.36	16.70
Diluted shares (M)	481	471	459	450	427

Operating CF$10B

CapEx$0B

Free cash flow$10B

SBC$2B

Buybacks$11B

Net cash change$-2B

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Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	4.2	7.1	7.6	5.4
ST investments	1.9	0.7	0.3	1.2
Receivables (net)	2.1	2.2	2.1	2.3
Total current assets	9.0	11.1	11.2	10.2
PP&E (net)	2.3	2.4	2.2	2.2
Goodwill + intangibles	14.2	13.9	13.6	13.4
Total assets	27.2	29.8	30.2	29.5
Accounts payable	0.4	0.3	0.4	0.4
Short-term debt	0.5	0.0	1.5	0.0
Deferred revenue	5.3	5.8	6.1	6.9
Total current liabilities	8.1	8.3	10.5	10.2
Long-term debt	3.6	3.6	4.1	6.2
Total liabilities	13.1	13.3	16.1	17.9
Shareholders' equity	14.1	16.5	14.1	11.6

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	4.8	5.4	5.6	7.1
D&A	0.9	0.9	0.9	0.8
Stock-based compensation	1.4	1.7	1.9	1.9
Working capital change	0.3	(0.4)	0.1	0.1
Operating cash flow	7.8	7.3	8.1	10.0
Capital expenditures	(0.4)	(0.4)	(0.2)	(0.2)
Investing cash flow	(0.6)	0.8	0.1	(1.2)
Buybacks	(6.6)	(4.4)	(9.5)	(11.3)
Dividends paid	0.0	0.0	0.0	0.0
Debt issuance / (repay)	0.0	(0.5)	2.0	0.5
Financing cash flow	(6.8)	(5.2)	(7.7)	(11.1)
Free cash flow	7.4	6.9	7.8	9.9

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	34.4%	33.0%	35.5%	36.3%	55.4%	63%
ROA	18.7%	17.5%	19.1%	18.5%	23.9%	24.3%
ROIC	35.9%	38.3%	41.6%	44.1%	60.9%	36.8%
Gross margin	88.2%	87.7%	87.9%	89.0%	88.6%	89.1%
Operating margin	36.8%	34.6%	34.3%	31.3%	36.6%	35.7%
Net margin	30.5%	27.0%	28.0%	25.9%	30.0%	28.0%
EBITDA margin	42.3%	40.1%	40.1%	37.0%	41.0%	39.4%
FCF margin	43.7%	42.0%	35.8%	36.4%	41.4%	—
VALUATION
P/E	61.37	33.46	51.79	41.11	18.72	13.7
P/B	20.00	11.33	17.02	16.20	11.49	8.2
P/S	18.75	9.04	14.48	10.63	5.62	3.67
P/FCF	42.93	21.52	40.50	29.21	13.55	8.7
EV/EBITDA	44.27	22.60	35.60	28.49	13.70	9.6
EV/Revenue	18.68	8.96	14.29	10.54	5.62	3.8
Earnings yield	1.6%	3.0%	1.9%	2.4%	5.3%	7.52%
FCF yield	2.3%	4.6%	2.5%	3.4%	7.4%	11.46%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	1.25	1.11	1.34	1.07	1.00	0.77
Quick ratio	1.25	1.11	1.34	1.07	1.00	0.77
Debt / equity	0.32	0.33	0.25	0.43	0.57	0.57
Debt / assets	17.2%	17.1%	13.7%	20.0%	22.5%	22.6%
Net debt / EBITDA	-0.17	-0.21	-0.48	-0.23	0.01	0.23
Interest coverage	51.49	54.29	60.78	42.01	33.96	—

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	0.61	0.65	0.68	0.72	0.80	0.87
Receivables turnover	9.64	8.93	9.05	10.01	10.76	12.5
DSO (days)	38	41	40	36	34	29
DPO (days)	60	58	54	52	55	68
Cash conversion cycle	-23	-17	-13	-16	-21	-39
GROWTH (YoY)
Revenue growth	22.7%	11.5%	10.2%	10.8%	10.5%	—
Net income growth	-8.3%	-1.4%	14.1%	2.4%	28.2%	—
EPS growth	-7.6%	1.6%	15.9%	6.1%	36.2%	—
FCF growth	29.9%	7.3%	-6.1%	12.7%	25.9%	—
PER SHARE ($)
EPS (diluted, TTM)	10.05	10.21	11.83	12.55	17.10	18.44
Book value / share	30.83	30.15	35.99	31.84	27.87	29.78
Revenue / share	32.89	37.78	42.29	48.54	57.00	65.75
FCF / share	14.36	15.87	15.12	17.66	23.63	27.69
Cash / share	12.08	13.08	17.08	17.80	15.82	14.28
SHAREHOLDER RETURN & SCORES
Buyback yield	1.3%	4.2%	1.6%	4.2%	8.5%	10.48%
Altman Z-Score	16.86	10.17	15.81	11.80	8.44	7.3
Piotroski F-Score	7	6	8	7	6	7/9
Beneish M-Score	-2.56	-2.95	-2.69	-2.92	-2.81	-3.04

Model	Score	Zone	Note
Piotroski F-Score	7 / 9	Strong
Altman Z-Score	7.3	Safe (>2.99)	Safe
Income quality	1.53	Cash-backed	OCF ÷ net income
Beneish M-Score	-3.04	Non-manipulator	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.78
Interest burden	0.99
Operating margin	36.2%
Asset turnover	0.88×
Financial leverage	2.50×
= ROE	62%

Growth Quality (live)	Value
Revenue stability	0.99
Earnings stability	0.54
Earnings persistence	0.98
Revenue CAGR 3y	11.2%
EPS CAGR 3y	18.2%
FCF CAGR 3y	12.8%

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Buyback Yield10.48%

Dividend Yield0.00%

Total Shareholder Return10.45%cash yield

SBC / Revenue8.0%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
APP	$89.4B	20.4	204%	65.8%	+37.9%	9/9	-56.1%
DDOG	$88.7B	497.0	5%	4.0%	+31.5%	6/9	+63.5%
CDNS	$88.0B	63.1	23%	23.2%	+14.7%	6/9	-1.5%
INTU	$86.9B	19.7	24%	8.3%	+13.9%	7/9	-49.0%
SNOW	$108.3B	-96.5	-48%	-12.4%	+32.0%	5/9	—
ADP	$114.5B	26.3	72%	17.9%	+6.7%	6/9	—
UBER	$143.7B	15.2	38%	16.9%	+16.7%	6/9	—
NOW	$146.8B	88.2	14%	7.5%	+22.2%	5/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Hold

64 Analysts

Str Sell (0)Sell (7)Hold (29)Buy (28)Str Buy (0)

Mean Target (qtr)$267.4717 targets

Target vs. Price+9.1%last-quarter mean

Next Report2026-12-09street $6.32

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$26.61B	$26.64B / $26.56B	$24.48	$24.51 / $24.41	23
FY2027	$29.08B	$29.62B / $28.37B	$27.73	$28.71 / $26.86	24
FY2028	$31.61B	$33.39B / $30.58B	$31.42	$36.92 / $28.89	15

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$246.00	+0.3%	2
Last Quarter	$267.47	+9.1%	17
Last Year	$309.93	+26.4%	69
All Time	$462.28	+88.5%	210

Rolling mean of published targets vs. last close $245.20. Aggregated from StreetInsider, Benzinga, Barrons.

Third-Party Composite Rating

A-

DCF

4/5

ROE

5/5

ROA

5/5

Debt/Eq

2/5

P/E

3/5

P/B

1/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

ADBE -25.5% vs S&P 500 +15.9% — spread -41.4pp

Sector — XLK +29.0%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

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Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$239.55	+5.65	+2.36%	Above
SMA 50	$256.54	-11.34	-4.42%	Below
SMA 200	$254.21	-9.01	-3.54%	Below
EMA 9	$242.26	+2.94	+1.21%	Above
EMA 21	$243.64	+1.56	+0.64%	Above
EMA 50	$247.52	-2.32	-0.94%	Below
EMA 200	$265.57	-20.37	-7.67%	Below

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

TECHNICAL VERDICTLEAN BULLISHPower Score +2817 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%44

Momentum 25%91

Volume 20%88

Volatility 10%50

Patterns 15%38

This Week64% bullishof 11 price-based votes

4 Weeks Ago0%+64 pts since

12 Weeks Ago18%+46 pts since

ReadImprovingweek-over-week trajectory

Price vs SMA 20$239.55

Price vs SMA 50$256.54

Price vs SMA 200$254.21

EMA 9/21 Cross242.3/243.6

SMA 50/200Golden

ADX DirectionADX 18

Supertrend$256

Parabolic SAR$230

SMA Slope-0.190

RSI50.1

Stochastic K/D74/67

StochRSI K/D90/85

Williams %R-38

CCI155

TSI vs Signal-8.9

CMO0.2

ROC3.16%

OBV SignalAccum

Chaikin MF0.090

MFI59

Force Index5M

Elder Ray Bull12.87

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 67

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$249.81 / $256.18 / $260.69	S1 / S2	$245.30 / $238.93
Bollinger (20,2)	$229.64 – $249.45	Squeeze	ON
52-wk range	$190.12 – $363.70	Off 52-wk high	-32.6%
ATR (14)	$8.92 (3.6%)	Historical vol	35.0%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

-0.6%Jan40%

-0.7%Feb50%

+2.1%Mar57%

+1.7%Apr50%

+1.9%May70%

+2.3%Jun55%

+1.4%Jul65%

+2.0%Aug65%

-1.9%Sep45%

+2.7%Oct70%

+2.1%Nov70%

+0.6%Dec65%

Sample: 20 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	ADBE	S&P 500
Weekly volatility (σ, 1y)	6.31%	1.83%
Best / worst week (1y)	+20.6% / -15.8%	—
Max drawdown (5y, monthly)	-69.2%	—
1-week VaR (95%)	-10.8%	—
Beta (5y)	1.42	1.00

ADBE EQUITY WEATHER (LIVE)CLOUDY · -4

Trend-39

Momentum+24

Volume+42

Volatility-30

Breadth-17

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 730 stories, weekly buckets, −1 to +1.

This space intentionally left blank — the next section begins on the following page

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Overall-3.8+11.6 vs industry

Trend-39.5-21.5 vs industry

Momentum+23.7+41.0 vs industry

Volume+41.5+41.5 vs industry

Reading	ADBE	Software - Application n=1,755	Technology n=6,969	All US symbols n=70,435
Overall	-3.8	-15.4	-20.7	-20.5
Trend	-39.5	-18.0	-20.8	-21.3
Momentum	+23.7	-17.4	-28.5	-15.8
Volume	+41.5	+0.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Shantanu Narayen CHAIR OF THE BOARD AND CEO	$51.2M	95% equity+incentive
Anil Chakravarthy PRESIDENT, CUSTOMER EXPERI	$17.8M	95% equity+incentive
David Wadhwani PRESIDENT, CREATIVITY AND PRO	$17.8M	95% equity+incentive
Daniel Durn CFO AND EXECUTIVE VICE PRESIDENT	$16.3M	94% equity+incentive
Louise Pentland CHIEF LEGAL OFFICER AND EXEC	$15.6M	83% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	68
Social	66
Governance	61
Composite ESG	65

Composite ESG Trend

Filed	8-K contents	Items
2026-09-10	Earnings Release; Exhibits	2.02,9.01
2026-09-08	Officer/Director Change; Regulation FD; Exhibits	5.02,7.01,9.01
2026-07-17	Officer/Director Change	5.02
2026-06-11	Earnings Release; Officer/Director Change; Exhibits	2.02,5.02,9.01
2026-04-21	Officer/Director Change; Shareholder Vote; Other Events; Exhibits	5.02,5.07,8.01,9.01
2026-03-12	Results of Operations and Financial Condition; Departure/Election of D	2.02,5.02,7.01,9.01
2026-01-27	Departure/Election of Directors; Appointment of Officers; Financial St	5.02,9.01
2025-12-10	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-12-10 to 2026-09-10
Analyst estimates	dim/forward_estimates	3 rows · 2026-11-28 to 2028-11-28
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	115 rows · 1987 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-09-16 to 2026-09-17
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	4 rows · 2025-10-30 to 2026-08-07
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Adobe Inc. (ADBE)

Adobe Inc. (ADBE)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Adobe Inc. (ADBE)

Institutions holding — 12 quarters

Adobe Inc. (ADBE)

Monthly Net Insider Flow (000 shares)

Signal Summary

Adobe Inc. (ADBE)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding ADBE — quarterly

Institutional Put/Call — quarterly

Adobe Inc. (ADBE)

Where ADBE Trades in the Dark

Adobe Inc. (ADBE)

3.8 · Employees (SEC filings)

Adobe Inc. (ADBE)

Adobe Inc. (ADBE)

Adobe Inc. (ADBE)

Balance Sheet — Full

Cash Flow Statement — Full

Adobe Inc. (ADBE)

Adobe Inc. (ADBE)

Adobe Inc. (ADBE)

Adobe Inc. (ADBE)

Street Price Target — Trajectory

Third-Party Composite Rating

Adobe Inc. (ADBE)

Adobe Inc. (ADBE)

Family Scores (site weights)

Adobe Inc. (ADBE)

Adobe Inc. (ADBE)

Adobe Inc. (ADBE)