ADBE vs AMD: Which Is the Better Buy?

Side-by-side comparison of Adobe Inc. and Advanced Micro Devices, Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-09-24.
Adobe Inc. Β· Technology
$238.25
+13.5% upside to fair value
Med Conviction Grade B High Quality
VS
Advanced Micro Devices, Inc. Β· Technology
$614.61
-13.7% upside to fair value
Med Conviction Grade C
QuantHub Verdict
ADBE has more upside to fair value (+13.5%). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric ADBE AMD
Current Price $238.25 $614.61
Fair Value Estimate $270.38 $530.25
Upside to Fair Value +13.5% -13.7%
Market Cap $94.7B $1,002.2B
Forward P/E β€” β€”
EV / EBITDA 9.5x 93.4x
Price / Sales 3.6x 24.3x
Price / FCF 8.6x 119.3x
Revenue Growth YoY +12.9% +50.1%
Gross Margin 89.1% 53.2%
Operating Margin 35.7% 15.7%
Return on Equity 62.9% 10.1%
Dividend Yield 0% 0%
FCF Yield 11.63% 0.84%
Analyst Consensus Hold Strong Buy
Investment Thesis
ADBE β€” Adobe Inc.
Adobe is a global software provider organized into Digital Media, Digital Experience, and Publishing and Advertising, with Creative Cloud as its subscription flagship and Document Cloud as its cloud-native document platform. The business quality is high on fundamentals: TTM gross margin of 89.1%, TTM operating margin of 35.7%, TTM net margin of 28.0%, ROE of 62.9%, and free cash flow of $27.69 pe…
AMD β€” Advanced Micro Devices, Inc.
Advanced Micro Devices designs x86 CPUs, GPUs, and data-center accelerators across two segments, Computing and Graphics and Enterprise, Embedded and Semi-Custom, with 31,000 employees and a $1.002 trillion market capitalization at $614.61 per share. The business quality is genuinely improving: revenue grew 50.1% year over year in the most recent quarter, earnings grew 163.4% year over year in the…
Accumulation Zones
Metric ADBE AMD
Zone Low $202.78 $397.69
Zone High $229.82 $450.71
In Buy Zone? No No
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