ADBE vs NBIS: Which Is the Better Buy?
Side-by-side comparison of Adobe Inc. and Nebius Group N.V. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-23.
Adobe Inc. · Technology
$238.25
+13.5% upside to fair value
Med Conviction
Grade B
High Quality
VS
Nebius Group N.V. · Technology
$217.99
+45.0% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
NBIS has more upside to fair value
(+45.0%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
ADBE |
NBIS |
| Current Price |
$238.25 |
$217.99 |
| Fair Value Estimate |
$270.38 |
$316.09 |
| Upside to Fair Value |
+13.5%
|
+45.0%
|
| Market Cap |
$94.7B |
$52.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
9.5x
|
56.8x
|
| Price / Sales |
3.6x
|
38.6x
|
| Price / FCF |
8.6x
|
—
|
| Revenue Growth YoY |
+12.9%
|
+454.0%
|
| Gross Margin |
89.1%
|
58.6%
|
| Operating Margin |
35.7%
|
-49.3%
|
| Return on Equity |
62.9%
|
0.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
11.63%
|
—
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
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…
Nebius Group N.V. is an Amsterdam-based AI infrastructure company, formerly Yandex N.V., that builds end-to-end GPU cloud clusters, cloud platforms and developer tools for demanding AI workloads, alongside Toloka AI data solutions, TripleTen education and Avride autonomous driving. The business is growing explosively, with revenue up 454.0% year over year in the most recent quarter, and it has de…
Accumulation Zones
| Metric |
ADBE |
NBIS |
| Zone Low |
$202.78 |
$237.07 |
| Zone High |
$229.82 |
$268.68 |
| In Buy Zone? |
No
|
Yes
|