What is adbe fair value?
6/17/2024 06:04am
**Adobe's fair value estimate varies depending on the method used.** Here are the key fair value estimates:
1. **Peter Lynch's Fair Value**: Using Peter Lynch's formula, Adobe's fair value is estimated to be $206.98. This value is based on the company's earnings growth rate and TTM EPS.
2. **Average Price Target**: The average price target from analysts is $571.71, which is significantly higher than the current market price, suggesting potential upside.
3. **Intrinsic Value**: The intrinsic value of one ADBE stock under the Base Case scenario is $421.79, which is lower than the current market price but higher than some other valuation metrics.
4. **Market Capitalization**: Adobe has a market capitalization of $235.33 billion as of June 2024, which is a significant indicator of its value in the market.
In conclusion, Adobe's fair value estimate depends on the method used. While Peter Lynch's fair value and intrinsic value suggest a lower valuation, the average price target and market capitalization indicate a higher value. Investors should consider these estimates along with their own analysis and investment strategy when determining if ADBE is a fair value.