High prices good earnings

Adobe has been one of those interesting plays on cloud with making their products exclusively available on subscription based. Effectivly it looks that an 2 years subscription is worth as much as their complete adobe suite. We seen the effect of those changes already and with ever increasing user base (attributed to good positioning for mobile, design and video with newer products). Last reports were nothing but great suprices with 10-12% overachiving. Let's see if adobe can deliver this time again.


Price/Earning ratio seems to be going on the higher side, but still some space to grow. I'm expecting adobe's EBIT to continue going up to ~3.6B and P/E to below 80 to consider good buy.

Good luck and happy trading