ADBE vs HON: Which Is the Better Buy?
Side-by-side comparison of Adobe Inc. and Honeywell International Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-16.
Adobe Inc. · Technology
$248.16
+163.1% upside to fair value
High Conviction
Grade B
VS
Honeywell International Inc. · Industrials
$235.04
-9.9% upside to fair value
Med Conviction
Grade B
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 — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ADBE |
HON |
| Current Price |
$248.16 |
$235.04 |
| Fair Value Estimate |
$653.00 |
$211.73 |
| Upside to Fair Value |
+163.1%
|
-9.9%
|
| Market Cap |
$101.2B |
$149.4B |
| Forward P/E |
14.1x
|
22.3x
|
| EV / EBITDA |
—
|
16.9x
|
| Price / Sales |
4.1x
|
4.0x
|
| Price / FCF |
9.8x
|
27.7x
|
| Revenue Growth YoY |
+3.3%
|
-2.7%
|
| Gross Margin |
89.1%
|
36.9%
|
| Operating Margin |
36.6%
|
17.7%
|
| Return on Equity |
62.3%
|
33.28%
|
| Dividend Yield |
— |
1.92% |
| FCF Yield |
10.2%
|
3.61%
|
| Analyst Consensus |
Hold
|
Buy
|
Investment Thesis
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…
Honeywell is a diversified industrial conglomerate in the final stages of a transformative three-way separation into Honeywell Aerospace, Solstice Advanced Materials, and a retained Automation entity, targeting Q3 2026 completion. The business generated 33% ROE and $5.4B in free cash flow on $37.4B revenue in FY2025, supported by a record $37B backlog with 23% organic order growth in Q4. At $235 …
Accumulation Zones
| Metric |
ADBE |
HON |
| Zone Low |
$490.00 |
$158.80 |
| Zone High |
$555.00 |
$179.97 |
| In Buy Zone? |
Yes
|
No
|