ADBE vs PANW: Which Is the Better Buy?
Side-by-side comparison of Adobe Inc. and Palo Alto Networks, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Adobe Inc. · Technology
$248.16
+163.1% upside to fair value
High Conviction
Grade B
VS
Palo Alto Networks, Inc. · Technology
$174.96
+15.2% upside to fair value
Grade B
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 — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ADBE |
PANW |
| Current Price |
$248.16 |
$174.96 |
| Fair Value Estimate |
$653.00 |
$201.61 |
| Upside to Fair Value |
+163.1%
|
+15.2%
|
| Market Cap |
$101.2B |
$119.2B |
| Forward P/E |
14.1x
|
94.9x
|
| EV / EBITDA |
—
|
52.4x
|
| Price / Sales |
4.1x
|
12.1x
|
| Price / FCF |
9.8x
|
29.3x
|
| Revenue Growth YoY |
+3.3%
|
+14.9%
|
| Gross Margin |
89.1%
|
73.5%
|
| Operating Margin |
36.6%
|
14.4%
|
| Return on Equity |
62.3%
|
15.5%
|
| Dividend Yield |
— |
0% |
| FCF Yield |
10.2%
|
3.41%
|
| Analyst Consensus |
Hold
|
Strong 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…
Palo Alto Networks is a leading cybersecurity company specializing in AI-driven cloud security platforms, subscription services, and hardware products. The company benefits from a durable competitive moat driven by its platform transformation under CEO Nikesh Arora, with over 50% of revenue from high-margin subscription services growing at 25.6% year-over-year in fiscal 2024. Despite a premium va…
Accumulation Zones
| Metric |
ADBE |
PANW |
| Zone Low |
$490.00 |
$151.21 |
| Zone High |
$555.00 |
$171.37 |
| In Buy Zone? |
Yes
|
No
|