ADBE vs GOOG: Which Is the Better Buy?

Side-by-side comparison of Adobe Inc. and Alphabet Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-18.
Adobe Inc. Β· Technology
$248.16
+163.1% upside to fair value
High Conviction Grade B
VS
Alphabet Inc. Β· Communication Services
$339.40
-4.4% upside to fair value
Grade D High Quality
QuantHub Verdict
ADBE has more upside to fair value (+163.1%). ADBE trades at a lower forward P/E (14.1x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric ADBE GOOG
Current Price $248.16 $339.40
Fair Value Estimate $653.00 $324.34
Upside to Fair Value +163.1% -4.4%
Market Cap $101.2B $4,105.7B
Forward P/E 14.1x 31.2x
EV / EBITDA β€” 23.1x
Price / Sales 4.1x 10.3x
Price / FCF 9.8x 56.4x
Revenue Growth YoY +3.3% +11.3%
Gross Margin 89.1% 59.7%
Operating Margin 36.6% 32.0%
Return on Equity 62.3% 35.0%
Dividend Yield β€” 0%
FCF Yield 10.2% 1.77%
Analyst Consensus Hold Strong Buy
Investment Thesis
ADBE β€” 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…
GOOG β€” Alphabet Inc.
Alphabet Inc. operates as a global leader in internet content, advertising, cloud computing, and AI technologies, with dominant market positions in search, browser, and mobile operating systems. The company benefits from a high-quality business model characterized by a durable competitive moat, strong revenue growth of 11.3% year-over-year, and robust profitability with net margins of 32.8%. Desp…
Accumulation Zones
Metric ADBE GOOG
Zone Low $490.00 $243.25
Zone High $555.00 $275.69
In Buy Zone? Yes No
← ADBE Research    GOOG Research β†’    All Research