ADBE vs AMZN: Which Is the Better Buy?

Side-by-side comparison of Adobe Inc. and Amazon.com, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-05-20.
Adobe Inc. · Technology
$248.16
+45.0% upside to fair value
High Conviction Grade B
VS
Amazon.com, Inc. · Consumer Cyclical
$259.34
+21.8% upside to fair value
Grade B High Quality
QuantHub Verdict
ADBE has more upside to fair value (+45.0%). ADBE trades at a lower forward P/E (14.1x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric ADBE AMZN
Current Price $248.16 $259.34
Fair Value Estimate $359.82 $316.00
Upside to Fair Value +45.0% +21.8%
Market Cap $101.2B $2,789.8B
Forward P/E 14.1x 26.5x
EV / EBITDA 16.8x
Price / Sales 4.1x 3.9x
Price / FCF 9.8x
Revenue Growth YoY +3.3% +17.0%
Gross Margin 89.1% 51.8%
Operating Margin 36.6% 13.1%
Return on Equity 62.3% 21.5%
Dividend Yield 0%
FCF Yield 10.2% -0.81%
Analyst Consensus Hold Strong Buy
Investment Thesis
ADBE — Adobe Inc.
Adobe Inc. develops industry-leading creative software, digital experience platforms, and publishing tools, powering digital content creation and marketing for professionals worldwide. The business excels with high gross margins above 89%, a sticky subscription model driving recurring revenue over $17B ARR, and dominant moats in digital media, though it faces intensifying AI competition and slowi…
AMZN — Amazon.com, Inc.
Amazon delivered a landmark Q1 2026 with revenue of $181.5 billion up 17% year over year and diluted EPS of $2.78 versus the $1.63 consensus, driven by AWS reaccelerating to 28% growth, its fastest pace in fifteen quarters, and a record consolidated operating margin of 13.1%. AWS generated $37.6 billion in revenue at a 37.7% segment operating margin, contributing $14.2 billion in operating income…
Accumulation Zones
Metric ADBE AMZN
Zone Low $269.87 $237.00
Zone High $305.85 $268.60
In Buy Zone? Yes Yes
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