I’m waiting for a good price in the short term (which I might not get) but in the long term if they meet that 8B ARR they should be worth considerably more

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60x ARR not unheard of

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sure thing bud so a company with more than 8B$ in ARR next year is worth 5b

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$ADBE Q4'25 Earnings Highlights 🔹 Revenue: $6.19B (Est. $6.11B) 🟢; UP +10% YoY 🔹 Non-GAAP EPS: $5.50 (Est. $5.39) 🟢 🔹 RPO: $22.52B (Est. $22.28B) 🟢 🔹 Total Customer Group Subscription Revenue: $5.96B; UP +12% YoY Guidance (Q1'26): 🔹 Revenue: $6.25B–$6.30B (Est. $6.24B) 🟢 🔹 Non-GAAP EPS: $5.85–$5.90 (Est. $5.66) 🟢 🔹 Business Professionals & Consumers Subscription Revenue: $1.74B–$1.76B 🔹 Creative & Marketing Professionals Subscription Revenue: $4.30B–$4.33B 2026 Outlook: 🔹 Revenue: $25.90B–$26.10B (Est. $25.90B) 🟢 🔹 Business Professionals & Consumers Subscription Revenue: $7.35B–$7.40B 🔹 Creative & Marketing Professionals Subscription Revenue: $17.75B–$17.90B 🔹 Total Adobe Ending ARR Growth: 10.2% YoY (target) 🔹 GAAP EPS: $17.90–$18.10 🔹 Non-GAAP EPS: $23.30–$23.50 Segment Performance: 🔹 Digital Media Revenue: $4.62B; UP +11% YoY 🔹 Digital Experience Revenue: $1.52B; UP +9% YoY 🔹 Digital Experience Subscription Revenue: $1.41B; UP +11% YoY 🔹 Business Professionals & Consumers Subscription Revenue: $1.72B; UP +15% YoY 🔹 Creative & Marketing Professionals Subscription Revenue: $4.25B; UP +11% YoY Other Metrics: 🔹 GAAP Operating Income (Q4): $2.26B 🔹 Non-GAAP Operating Income (Q4): $2.82B 🔹 GAAP Net Income (Q4): $1.86B 🔹 Non-GAAP Net Income (Q4): $2.29B 🔹 Operating Cash Flow (Q4): $3.16B 🔹 Revenue (FY25): $23.77B; UP +11% YoY 🔹 Total Adobe ARR at Year-End: $25.20B; UP +11.5% YoY 🔹 Operating Cash Flow (FY25): $10.03B Capital Return: 🔹 Share Repurchases (Q4): 7.2M shares 🔹 Share Repurchases (FY25): 30.8M shares Commentary: 🔸 “Adobe’s record FY2025 results reflect our growing importance in the global AI ecosystem and the rapid adoption of our AI-driven tools.” – Shantanu Narayen, CEO 🔸 “Looking ahead to FY2026, we are confident in our ability to deliver industry-leading innovations, double-digit ARR growth and world class profitability.” – Dan Durn, CFO

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That’s a weird and arbitrary prediction after a macro fed event that has nothing to do with $PATH… $PATH just crushed earnings with revenue up 16% YOY, ARR up 11% YOY, and GAAP profitable. This shit will blow over quickly.

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