Adobe

2 notes on Adobe Inc. (NASDAQ: ADBE), newest first.

This page states no position of its own. Each note disclosed the firm’s position on the day it published; it may have changed since, without notice.

The Adobe thread

2 notes, newest first
22 Sept 2026SER-0008 · Position Review
Adobe Inc. · NASDAQ: ADBE

Adobe is buying users. The bill comes due in 2027

Adobe is trading paid growth for reach. The firm stays long while that looks like strategy rather than decline. December is the first real test.

11 tables · 6 charts
LongValuation
8 Jul 2026SER-0002 · Initiation
Adobe Inc. · NASDAQ: ADBE

Adobe: results keep improving, the multiple keeps falling

Revenue grew 13% and AI-first ARR more than tripled, yet the shares trade at a five-year-low multiple, some 60% below their 2024 peak.

1 table
LongValuation

Positions disclosed

PublishedNoteFirm’s position
22 Sept 2026SER-0008
Position Review
Long
8 Jul 2026SER-0002
Initiation
Long