Adobe Inc vs Uber Technologies Inc

Adobe Inc (ADBE) is undervalued and Uber Technologies Inc (UBER) is undervalued.

Against our estimates of intrinsic value, UBER trades at the wider discount: a margin of safety of +70%, against +65% for ADBE.

Values as of the 22 Sept 2026 close.

Adobe Inc (ADBE)

A 10.6x revenue multiple, adjusted for growth and margin, values the shares at $687.96; the price of $238.25 is 65% below that value.

Leak Score 85/100 on 10 of 12 signals

Uber Technologies Inc (UBER)

A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $236.26; the price of $69.89 is 70% below that value.

Leak Score 75/100 on 10 of 12 signals

MetricADBEUBER
VerdictUndervaluedUndervalued
Price$238.25$69.89
Intrinsic value$687.96$236.26
Margin of safety+65%+70%
Leak Score85/100 (10/12)75/100 (10/12)
Market cap$94.7B$142.8B
Revenue growth, 5 years13.1%36.1%
Operating margin36.4%13.3%
Net margin28.1%17.3%
Return on equity61.9%38.4%
Debt to equity0.570.54
P/E13.3x15.4x
Forward P/E8.6x15.8x
P/B8.3x5.2x

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