ADBE vs CRM: Which Is the Better Buy?
Side-by-side comparison of Adobe Inc. and Salesforce, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-08.
Adobe Inc. · Technology
$219.72
+45.0% upside to fair value
Grade B
High Quality
VS
Salesforce, Inc. · Technology
$169.52
+45.0% upside to fair value
Grade A
High Quality
QuantHub Verdict
ADBE trades at a lower forward P/E
(12.6x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ADBE |
CRM |
| Current Price |
$219.72 |
$169.52 |
| Fair Value Estimate |
$318.59 |
$245.80 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$87.3B |
$138.8B |
| Forward P/E |
12.6x
|
19.6x
|
| EV / EBITDA |
9.0x
|
12.3x
|
| Price / Sales |
3.5x
|
3.2x
|
| Price / FCF |
8.2x
|
9.5x
|
| Revenue Growth YoY |
+12.7%
|
+13.3%
|
| Gross Margin |
89.1%
|
77.6%
|
| Operating Margin |
36.1%
|
21.9%
|
| Return on Equity |
62.4%
|
14.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
12.17%
|
10.56%
|
| Analyst Consensus |
Hold
|
Buy
|
Investment Thesis
Adobe Inc. is a leading software company specializing in digital media and digital experience solutions, driven primarily by subscription-based revenue models. The company benefits from a high-quality business model characterized by a durable competitive moat, strong margins with a gross margin of 89.1% and operating margin of 36.1%, and robust return on equity at 62.4%. Despite solid revenue gro…
Salesforce, Inc. is a leading provider of cloud-based software applications primarily focused on customer relationship management (CRM). The company exhibits high business quality with a durable competitive moat supported by strong gross margins of 77.6%, solid operating margin of 21.9%, and a robust return on equity of 14.9%. Recent quarterly revenue growth of 13.3% and earnings growth of 36.7% …
Accumulation Zones
| Metric |
ADBE |
CRM |
| Zone Low |
$238.94 |
$184.35 |
| Zone High |
$270.80 |
$208.93 |
| In Buy Zone? |
Yes
|
Yes
|