Compare StocksADBE vs ADI

Adobe Inc. (ADBE) vs Analog Devices, Inc. (ADI)

ADBE
Adobe Inc.
$245.99
VS
ADI
Analog Devices, Inc.
$310.44

Rewards

ADBE
  • Adobe Inc. has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
  • Gross margin of 89.4% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
  • Adobe Inc. scores 100/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.
ADI
  • Gross margin of 62.8% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
  • Each dollar of retained earnings has created $27.09 of market value — management is an exceptional capital allocator.
  • PEG ratio of 0.49 suggests the stock is undervalued relative to its growth rate — paying less than 1x for each unit of earnings growth.

Risks

ADBE
    ADI
    • FCF yield of 2.7% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
    • 10 insider sales totaling $19.8M with no purchases in the past 3 months — insiders are reducing their exposure.

    Key Valuation Metrics

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    ADBE
    ADI
    Valuation
    $9.29B
    Free Cash Flow
    $4.14B
    9.20%
    FCF Yield
    2.73%
    14.33
    Trailing P/E
    56.86
    9.33
    Forward P/E
    24.02
    Quality & Moat
    40.36%
    ROIC
    7.23%
    62.36%
    ROE
    6.71%
    89.40%
    Gross Margin
    62.84%
    1.29
    PEG Ratio
    0.49
    Balance Sheet Safety
    0.58
    Debt / Equity
    0.26
    N/A
    Interest Coverage
    N/A
    -0.02
    Net Debt / EBITDA
    0.85
    N/A
    Dividend Yield
    1.31%
    ADBE: 8Ties: 1ADI: 2
    ADBEADI

    Historical Fundamentals

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    ADBE

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

    ADI

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

    $1 Retained Earnings Test

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    ADBE
    $-0.60
    created per $1 retained over 3 years
    Market Cap Declined
    Σ Retained
    $18.12B
    Δ Market Cap
    $-10.93B
    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
    ADI
    $27.09
    created per $1 retained over 3 years
    Exceptional Value Creator
    Σ Retained
    $1.82B
    Δ Market Cap
    +$49.25B
    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

    Discounted Cash Flow (DCF) Analysis

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    ADBE
    48.4% Margin of Safety
    Price is 48.4% below estimated fair value
    Current Price: $245.99
    Fair Value: $477.11
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued
    ADI
    144.2% Overvalued
    Price is 144.2% above estimated fair value
    Current Price: $310.44
    Fair Value: $127.13
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued

    Reverse DCF — Market-Implied Growth

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    ADBE

    What growth rate is the market pricing in at $246?

    +3.0%
    Market-Implied Owner Earnings Growth
    Standard FCF implies -0.7%

    The market implies +3.0% Owner Earnings growth, below historical trends — potential opportunity.

    Standard FCF implies a more demanding -0.7%, reflecting heavy growth investment expected to generate future returns.

    ADI

    What growth rate is the market pricing in at $310?

    +24.6%
    Market-Implied Owner Earnings Growth
    Standard FCF implies +16.3%

    The market implies +24.6% Owner Earnings growth, above historical trends.

    Standard FCF implies a demanding +16.3%, reflecting heavy growth investment.

    Economic Moat Score

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    ADBE
    100/100
    Wide Moat
    70+ Wide · 40-69 Narrow · <40 None

    Wide moat with strength across all dimensions. ROIC Consistency is the standout factor.

    Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
    ADI
    36/100
    No Moat
    70+ Wide · 40-69 Narrow · <40 None

    No durable moat detected, though reinvestment efficiency shows some competitive positioning. The business lacks consistent evidence of sustainable advantages.

    Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.

    Forensic Accounting

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    ADBE
    -2.85
    Unlikely Manipulator
    Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

    M-Score Trend

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
    ADI
    -2.75
    Unlikely Manipulator
    Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

    M-Score Trend

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

    Ownership Breakdown

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    ADBE
    Insiders 0.2%Institutions 87.8%Retail & Other 11.9%
    No. of Institutional Holders3,534
    High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
    ADI
    Insiders 0.2%Institutions 93.5%Retail & Other 6.3%
    No. of Institutional Holders2,606
    High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

    High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

    Insider Buying Activity

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    ADBE
    0
    Buys (3M)
    0
    Buys (12M)
    DURN DANIEL J
    Chief Financial Officer
    $507,758
    @ $390.58 · 2025-03-20
    RICKS DAVID A
    Director
    $998,946
    @ $443.98 · 2025-01-28
    Open market purchases · includes direct & indirect ownership · excludes option exercises
    ADI
    0
    Buys (3M)
    0
    Buys (12M)
    No open market insider purchases found.
    Open market purchases · includes direct & indirect ownership · excludes option exercises

    Open market purchases · includes direct & indirect ownership · excludes option exercises.

    Insider Selling Activity

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    ADBE
    1
    Sells (3M)
    3
    Sells (12M)
    Total value (12M): $711,495
    DURN DANIEL J
    Chief Financial Officer
    $485,323
    @ $294.85 · 2026-01-27
    FORUSZ JILLIAN
    Officer
    $50,344
    @ $337.88 · 2025-10-31
    FORUSZ JILLIAN
    Officer
    $175,828
    @ $380.58 · 2025-05-02
    FORUSZ JILLIAN
    Officer
    $145,567
    @ $435.83 · 2025-01-28
    BELSKY SCOTT K
    Officer
    $2.05M
    @ $431.61 · 2025-01-27
    BANSE AMY L
    Director
    $333,300
    @ $550.00 · 2024-12-06
    FORUSZ JILLIAN
    Officer
    $327,987
    @ $485.19 · 2024-10-29
    BELSKY SCOTT K
    Officer
    $232,525
    @ $483.42 · 2024-10-25
    BELSKY SCOTT K
    Officer
    $1.14M
    @ $511.48 · 2024-10-16
    DURN DANIEL J
    Chief Financial Officer
    $3.35M
    @ $515.44 · 2024-09-17
    GARFIELD MARK S.
    Officer
    $52,089
    @ $537.00 · 2024-07-25
    BELSKY SCOTT K
    Officer
    $258,297
    @ $537.00 · 2024-07-25
    GARFIELD MARK S.
    Officer
    $85,255
    @ $564.60 · 2024-07-16
    BELSKY SCOTT K
    Officer
    $1.25M
    @ $561.60 · 2024-07-16
    RAO DANA J.D.
    General Counsel
    $3.56M
    @ $525.51 · 2024-06-17
    GARFIELD MARK S.
    Officer
    $138,735
    @ $525.51 · 2024-06-17
    GARFIELD MARK S.
    Officer
    $265,644
    @ $447.97 · 2024-06-03
    GARFIELD MARK S.
    Officer
    $389,630
    @ $490.10 · 2024-05-06
    BELSKY SCOTT K
    Officer
    $1.29M
    @ $474.30 · 2024-05-02
    GARFIELD MARK S.
    Officer
    $45,436
    @ $468.41 · 2024-04-25
    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
    ADI
    10
    Sells (3M)
    32
    Sells (12M)
    Total value (12M): $58.54M
    STATA RAYMOND S
    Director
    $2.00M
    @ $319.40 · 2026-03-11
    ROCHE VINCENT T
    Chief Executive Officer
    $3.50M
    @ $350.00 · 2026-03-02
    SONDEL MICHAEL
    Officer
    $1.52M
    @ $361.11 · 2026-02-25
    STATA RAYMOND S
    Director
    $2.00M
    @ $319.39 · 2026-02-05
    ROCHE VINCENT T
    Chief Executive Officer
    $3.07M
    @ $306.92 · 2026-02-02
    STATA RAYMOND S
    Director
    $1.85M
    @ $296.44 · 2026-01-14
    NAKAMURA KATSUFUMI
    Officer
    $150,732
    @ $301.46 · 2026-01-09
    NAKAMURA KATSUFUMI
    Officer
    $144,582
    @ $289.16 · 2026-01-07
    COTTER MARTIN
    Officer
    $2.78M
    @ $278.44 · 2026-01-05
    ROCHE VINCENT T
    Chief Executive Officer
    $2.75M
    @ $275.07 · 2026-01-02
    COTTER MARTIN
    Officer
    $1.36M
    @ $271.19 · 2025-12-17
    STATA RAYMOND S
    Director
    $1.73M
    @ $276.45 · 2025-12-17
    ROCHE VINCENT T
    Chief Executive Officer
    $2.82M
    @ $282.42 · 2025-12-12
    SONDEL MICHAEL
    Officer
    $2.28M
    @ $279.50 · 2025-12-10
    JAIN VIVEK
    Officer
    $1.57M
    @ $265.88 · 2025-12-01
    STATA RAYMOND S
    Director
    $1.46M
    @ $232.86 · 2025-11-05
    ROCHE VINCENT T
    Chief Executive Officer
    $2.35M
    @ $234.95 · 2025-11-03
    FRANK EDWARD H
    Director
    $242,740
    @ $242.74 · 2025-10-06
    STATA RAYMOND S
    Director
    $1.51M
    @ $241.64 · 2025-10-02
    ROCHE VINCENT T
    Chief Executive Officer
    $2.44M
    @ $243.71 · 2025-10-01
    STATA RAYMOND S
    Director
    $1.55M
    @ $248.27 · 2025-09-18
    COTTER MARTIN
    Officer
    $3.08M
    @ $246.25 · 2025-09-05
    ROCHE VINCENT T
    Chief Executive Officer
    $2.46M
    @ $246.50 · 2025-09-02
    NAKAMURA KATSUFUMI
    Officer
    $617,595
    @ $248.03 · 2025-08-21
    STATA RAYMOND S
    Director
    $1.38M
    @ $220.64 · 2025-08-06
    STATA RAYMOND S
    Director
    $1.50M
    @ $240.13 · 2025-07-17
    STATA RAYMOND S
    Director
    $1.45M
    @ $232.57 · 2025-06-12
    STATA RAYMOND S
    Director
    $1.23M
    @ $196.86 · 2025-05-07
    ROCHE VINCENT T
    Chief Executive Officer
    $1.97M
    @ $196.84 · 2025-05-01
    STATA RAYMOND S
    Director
    $1.11M
    @ $177.49 · 2025-04-16
    ROCHE VINCENT T
    Chief Executive Officer
    $2.00M
    @ $200.26 · 2025-04-01
    JAIN VIVEK
    Officer
    $2.66M
    @ $210.00 · 2025-03-24
    PUCCIO RICHARD C. JR.
    Chief Financial Officer
    $836,760
    @ $209.19 · 2025-03-19
    ROCHE VINCENT T
    Chief Executive Officer
    $2.09M
    @ $209.12 · 2025-03-12
    ROCHE VINCENT T
    Chief Executive Officer
    $2.10M
    @ $210.44 · 2025-03-11
    JOHNSON MERCEDES
    Director
    $1.36M
    @ $227.12 · 2025-03-05
    STATA RAYMOND S
    Director
    $469,920
    @ $224.52 · 2025-03-05
    ROCHE VINCENT T
    Chief Executive Officer
    $2.33M
    @ $232.62 · 2025-03-03
    ROCHE VINCENT T
    Chief Executive Officer
    $2.35M
    @ $234.82 · 2025-02-26
    ROCHE VINCENT T
    Chief Executive Officer
    $2.15M
    @ $215.49 · 2025-01-02
    ROCHE VINCENT T
    Chief Executive Officer
    $2.16M
    @ $215.83 · 2024-12-11
    ROCHE VINCENT T
    Chief Executive Officer
    $2.24M
    @ $223.87 · 2024-11-01
    BRYANT GREGORY M.
    Officer
    $4.48M
    @ $223.87 · 2024-11-01
    ROCHE VINCENT T
    Chief Executive Officer
    $2.29M
    @ $228.93 · 2024-10-01
    BRYANT GREGORY M.
    Officer
    $6.87M
    @ $228.93 · 2024-10-01
    BRYANT GREGORY M.
    Officer
    $6.72M
    @ $224.10 · 2024-09-25
    ROCHE VINCENT T
    Chief Executive Officer
    $2.29M
    @ $228.69 · 2024-09-03
    FRANK EDWARD H
    Director
    $233,133
    @ $234.30 · 2024-08-29
    FRANK EDWARD H
    Director
    $113,618
    @ $227.24 · 2024-08-23
    ROCHE VINCENT T
    Chief Executive Officer
    $2.28M
    @ $228.08 · 2024-08-01
    ROCHE VINCENT T
    Chief Executive Officer
    $2.27M
    @ $226.70 · 2024-07-01
    BRYANT GREGORY M.
    Officer
    $4.12M
    @ $233.94 · 2024-06-13
    ROCHE VINCENT T
    Chief Executive Officer
    $2.35M
    @ $235.09 · 2024-06-03
    CHAMPY JAMES A
    Director
    $980,910
    @ $233.55 · 2024-05-28
    SONDEL MICHAEL
    Officer
    $1.14M
    @ $236.58 · 2024-05-24
    ROCHE VINCENT T
    Chief Executive Officer
    $1.97M
    @ $197.06 · 2024-05-01
    JAIN VIVEK
    Officer
    $687,317
    @ $197.56 · 2024-04-04
    ROCHE VINCENT T
    Chief Executive Officer
    $1.97M
    @ $197.40 · 2024-04-01
    CHAMPY JAMES A
    Director
    $242,702
    @ $197.64 · 2024-03-21
    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

    🎭 Mr. Market's Mood

    Learn more →
    ADBE
    FearGreed
    😨Fear(27/100)

    "Market is pessimistic — investigate whether fears are temporary or structural"

    Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
    ADI
    FearGreed
    😐Neutral(48/100)

    "Market is pricing this stock without strong emotion in either direction"

    Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

    Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

    ⚖️ Buffett Signal

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    ADBE
    Awaiting DCF Data

    The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

    DCF Margin of Safety: N/AMr. Market's Mood: Fear (27)
    ADI
    Awaiting DCF Data

    The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

    DCF Margin of Safety: N/AMr. Market's Mood: Neutral (48)
    View ADBE Full AnalysisView ADI Full Analysis