ADBE vs NKE: Which Is the Better Buy?
Side-by-side comparison of Adobe Inc. and NIKE, Inc. — 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
NIKE, Inc. · Consumer Cyclical
$35.78
+9.9% upside to fair value
Med Conviction
Grade C
QuantHub Verdict
ADBE has more upside to fair value
(+13.5%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
ADBE |
NKE |
| Current Price |
$238.25 |
$35.78 |
| Fair Value Estimate |
$270.38 |
$39.33 |
| Upside to Fair Value |
+13.5%
|
+9.9%
|
| Market Cap |
$94.7B |
$53.0B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
9.5x
|
12.0x
|
| Price / Sales |
3.6x
|
1.1x
|
| Price / FCF |
8.6x
|
24.3x
|
| Revenue Growth YoY |
+12.9%
|
-1.1%
|
| Gross Margin |
89.1%
|
42.9%
|
| Operating Margin |
35.7%
|
8.2%
|
| Return on Equity |
62.9%
|
22.0%
|
| Dividend Yield |
0% |
4.58% |
| FCF Yield |
11.63%
|
4.12%
|
| Analyst Consensus |
Hold
|
Hold
|
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…
NIKE designs, markets and distributes athletic footwear, apparel and equipment through the Nike, Jordan and Converse brands, supported by global athlete marketing, valuable intellectual property and a broad wholesale and owned-digital network. Business quality is medium: its brand moat and 22.0% ROE remain meaningful, but the moat is narrowing amid intense competition, weak direct sales and uneve…
Accumulation Zones
| Metric |
ADBE |
NKE |
| Zone Low |
$202.78 |
$29.50 |
| Zone High |
$229.82 |
$33.43 |
| In Buy Zone? |
No
|
No
|