ADBE
Adobe Inc.
ADBE has the edge over UBER overall, supported by stronger valuation and stronger modeled upside.
UBER
Uber Technologies, Inc.
UBER's outlook is improving, though it still trails on the overall score.
ADBE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
ADBE's revenue, profitability, cash flow and balance sheet are all currently healthy.
UBER Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Healthy |
UBER's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
ADBE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 8.9x | $239 | — |
| Current | 13x | $239 | — |
| Cheap | 22x | $396 | +66% |
| Fair | 43x | $771 | +223% |
| Expensive | 54x | $972 | +308% |
Historical ranges are pointers, not guarantees.
ADBE has the edge over UBER in the historical PE scenario, which offers more potential upside but is not a forecast.
UBER PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $26.01 | -62% |
| Fair | 17x | $29.70 | -57% |
| Forward | 17x | $69.12 | — |
| Current | 40x | $69.12 | — |
| Expensive | 93x | $160 | +131% |
Historical ranges are pointers, not guarantees.
UBER's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 17x next year's earnings, in its fair range.
ADBE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for ADBE, with profitability improving.
UBER Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for UBER, with profitability improving. However, they disagree widely on these estimates.
ADBE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $26.84 | +50% |
| Q3 2026 | $17.91 | +12% |
| Q2 2026 | $17.47 | +12% |
| Q1 2026 | $17.16 | +13% |
| Q4 2025 | $16.70 | +35% |
| Q3 2025 | $16.01 | +35% |
| Q2 2025 | $15.59 | +40% |
| Q1 2025 | $15.14 | +45% |
| Q4 2024 | $12.36 | +4.6% |
ADBE's earnings per share have climbed steadily: $17.91 over the past year, up 12% from the year before, and higher year over year for 16 quarters in a row.
UBER Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.07 | +138% |
| Q3 2026 | $1.71 | -78% |
| Q2 2026 | $4.57 | -22% |
| Q1 2026 | $4.03 | -29% |
| Q4 2025 | $4.73 | +3.7% |
| Q3 2025 | $7.78 | +285% |
| Q2 2025 | $5.87 | +538% |
| Q1 2025 | $5.71 | +806% |
| Q4 2024 | $4.56 | +424% |
UBER's earnings per share have fallen from their peak: $1.71 over the past year, against $7.78 in late 2025.
ADBE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $6.8B | +13% |
| Q2 2026 | $6.6B | +13% |
| Q1 2026 | $6.4B | +12% |
| Q4 2025 | $6.2B | +10% |
| Q3 2025 | $6B | +11% |
| Q2 2025 | $5.9B | +11% |
| Q1 2025 | $5.7B | +10% |
| Q4 2024 | $5.6B | +11% |
ADBE's revenue has grown year over year every quarter since late 2020: $6.8B last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | -1.5 points |
| Q2 2026 | 34% | -2.1 points |
| Q1 2026 | 38% | -0.1 points |
| Q4 2025 | 37% | +1.6 points |
| Q3 2025 | 36% | -0.5 points |
| Q2 2025 | 36% | +0.4 points |
| Q1 2025 | 38% | +20 points |
| Q4 2024 | 35% | +0.4 points |
ADBE has the edge over UBER on profitability, with a higher operating margin.
UBER Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $14.8B | +9.6% |
| Q2 2026 | $14.2B | +12% |
| Q1 2026 | $13.2B | +14% |
| Q4 2025 | $14.4B | +20% |
| Q3 2025 | $13.5B | +20% |
| Q2 2025 | $12.7B | +18% |
| Q1 2025 | $11.5B | +14% |
| Q4 2024 | $12B | +20% |
UBER has the edge over ADBE on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.8% | +1.5 points |
| Q2 2026 | 13% | +1.9 points |
| Q1 2026 | 15% | +3.9 points |
| Q4 2025 | 12% | +5.9 points |
| Q3 2025 | 8.3% | -1.2 points |
| Q2 2025 | 11% | +4 points |
| Q1 2025 | 11% | +9 points |
| Q4 2024 | 6.4% | -0.1 points |
UBER's operating margin was 9.8% last quarter, up 1.5 points from the same quarter a year ago.
ADBE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.4B | +15% |
| Q2 2026 | $2.1B | -1.7% |
| Q1 2026 | $2.9B | +19% |
| Q4 2025 | $3.1B | +8.8% |
| Q3 2025 | $2.1B | +8.2% |
| Q2 2025 | $2.1B | +13% |
| Q1 2025 | $2.5B | +116% |
| Q4 2024 | $2.9B | +85% |
ADBE's free cash flow has been positive every quarter for seven years: $10.6B over the past year, up 10% from the year before.
UBER Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.5B | +14% |
| Q2 2026 | $2.8B | +13% |
| Q1 2026 | $2.3B | +1.6% |
| Q4 2025 | $2.8B | +65% |
| Q3 2025 | $2.2B | +5.7% |
| Q2 2025 | $2.5B | +44% |
| Q1 2025 | $2.3B | +66% |
| Q4 2024 | $1.7B | +122% |
UBER has the edge over ADBE on cash flow, with more consistent year-over-year improvement.
ADBE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -7M shares |
| 1 year | -6.7% | -28.6M shares |
| 3 years | -14% | -64M shares |
| 5 years | -18% | -85.2M shares |
| Available history | -20% | -96.1M shares |
ADBE has the edge over UBER on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.2B |
| Q2 2026 | $2.1B |
| Q1 2026 | $2.5B |
| Q4 2025 | $2.5B |
| Q3 2025 | $2.1B |
| Q2 2025 | $3.5B |
| Q1 2025 | $3.3B |
| Q4 2024 | $2.5B |
ADBE spent $9.3B buying back its own shares over the past year, down 18% from the year before.
UBER Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +99K shares |
| 1 year | -3.5% | -74.1M shares |
| 3 years | -2.8% | -58.2M shares |
| 5 years | +8% | +151M shares |
| Available history | +19% | +326M shares |
UBER has 2.1B diluted shares, down 3.5% from a year ago, with $6.2B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $750M |
| Q2 2026 | $518M |
| Q1 2026 | $3B |
| Q4 2025 | $1.9B |
| Q3 2025 | $1.5B |
| Q2 2025 | $1.4B |
| Q1 2025 | $1.8B |
| Q4 2024 | $555M |
UBER spent $6.2B buying back its own shares over the past year, up 20% from the year before.
ADBE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.0x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
ADBE has the edge over UBER on leverage, with a lower net debt burden relative to earnings.
UBER Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.8x | Very low |
| Q2 2026 | 1.1x | Healthy |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 1.0x | Healthy |
UBER's net debt is less than a year of its operating earnings (EBITDA).
ADBE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.4 | Neutral |
| Stochastic | 25.8 | Neutral |
ADBE's weekly RSI is 45 (neutral) and its Stochastic is 26 (neutral).
UBER Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.3 | Neutral |
| Stochastic | 19.7 | Oversold |
UBER's weekly RSI is 45 (neutral) and its Stochastic is 20 (oversold).
ADBE PE vs Technology Sector
| Metric | ADBE | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 28x | 52% below |
| PE % | 3 | 35 | 32 pts below |
ADBE has the edge over UBER on valuation relative to its sector.
UBER PE vs Technology Sector
| Metric | UBER | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 45% above |
| PE % | 68 | 35 | 33 pts above |
UBER is trading at 40x earnings, a 45% premium to the Technology sector's median of 28x.
ADBE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $244.1 | 2.3% below |
| 20 week MA | $248.6 | 4.1% below |
| 50 week MA | $261.6 | 8.8% below |
| 100 week MA | $321.8 | 26% below |
| 200 week MA | $410.6 | 42% below |
ADBE is in a downtrend: it's below all five of its weekly moving averages, and 42% below its 200-week average.
UBER Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $68.7 | 0.7% above |
| 20 week MA | $71.7 | 3.6% below |
| 50 week MA | $74.4 | 7.1% below |
| 100 week MA | $78.9 | 12% below |
| 200 week MA | $67.9 | 1.8% above |
UBER has the edge over ADBE on trend strength, trading above more of its moving averages.
ADBE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $330.8 | $499.9 | +51% |
| 2021 | $499.9 | $569.6 | +14% |
| 2022 | $569.6 | $338.5 | -41% |
| 2023 | $338.5 | $596.6 | +76% |
| 2024 | $596.6 | $446.5 | -25% |
| 2025 | $446.5 | $353.8 | -21% |
| 2026 YTD | $353.8 | $238.5 | -33% |
ADBE has finished lower in three of the last six years. It's down 33% so far in 2026.
UBER Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.2 | $52.9 | +75% |
| 2021 | $52.9 | $43.9 | -17% |
| 2022 | $43.9 | $24.6 | -44% |
| 2023 | $24.6 | $61.6 | +150% |
| 2024 | $61.6 | $61.1 | -0.7% |
| 2025 | $61.1 | $81.3 | +33% |
| 2026 YTD | $81.3 | $69.1 | -15% |
UBER has the edge over ADBE on returns for 2026, with the stronger performance.