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Adobe Inc. (ADBE): A Bull Case Theory

We came across a bullish thesis on Adobe Inc. (ADBE) on Substack by Francesco Ferrari. In this article, we will summarize the bulls’ thesis on ADBE. Adobe Inc. (ADBE)'s share was trading at $383.53 as of March 31st. ADBE’s trailing and forward P/E were 25.33 and 18.80 respectively according to Yahoo Finance.

[caption id="attachment_965246" align="aligncenter" width="750"] Photo by Jakob Owens on Unsplash[/caption]

Adobe’s stock journey has been remarkable, delivering an 18-19% CAGR from 1993 to 2020 while weathering multiple crises. However, recent years have raised questions...