ADBE vs SMCI: Which Is the Better Buy?
Side-by-side comparison of Adobe Inc. and Super Micro Computer, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-26.
Adobe Inc. · Technology
$238.25
+13.5% upside to fair value
Med Conviction
Grade B
High Quality
VS
Super Micro Computer, Inc. · Technology
$43.26
-4.2% 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.
See all research →
Valuation & Fundamentals
| Metric |
ADBE |
SMCI |
| Current Price |
$238.25 |
$43.26 |
| Fair Value Estimate |
$270.38 |
$41.44 |
| Upside to Fair Value |
+13.5%
|
-4.2%
|
| Market Cap |
$94.7B |
$28.0B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
9.5x
|
8.9x
|
| Price / Sales |
3.6x
|
0.7x
|
| Price / FCF |
8.6x
|
—
|
| Revenue Growth YoY |
+12.9%
|
+93.2%
|
| Gross Margin |
89.1%
|
10.8%
|
| Operating Margin |
35.7%
|
7.1%
|
| Return on Equity |
62.9%
|
25.1%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
11.63%
|
—
|
| 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…
Super Micro Computer designs and sells modular, open-standard server and storage systems, with a growing franchise in liquid- and air-cooled AI racks such as the NVIDIA Vera Rubin NVL72, sold through direct, distribution and OEM channels to data center, cloud, AI, 5G and edge customers. The business quality is mixed: revenue grew 93.2% year over year and earnings grew 503.7% in the most recent qu…
Accumulation Zones
| Metric |
ADBE |
SMCI |
| Zone Low |
$202.78 |
$31.08 |
| Zone High |
$229.82 |
$35.22 |
| In Buy Zone? |
No
|
No
|