S&P 500 comparison · Information Technology

Adobe Inc. vs Salesforce

Prices at close . Model readings .

Adobe Inc.

$249.76+0.56%
Month: positive

Salesforce

$242.11+0.51%
Month: positiveLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Salesforce is the larger company by market value ($199.26B against $98.78B). Over the past year Adobe Inc. returned −30.2% and Salesforce −4.6%, while the S&P 500 returned +12.7%. The latest filed P/E is 16.1 for Adobe Inc. and 16.7 for Salesforce, and the operating margin 34.8% against 20.6%. Over the next 21 sessions the model expects +0.99% for Adobe Inc., with a 74% chance of a rise, and +0.9% for Salesforce, with a 80% chance. Adobe Inc. has no published fair value today. Salesforce's long-run fair value is $259.57, a gap of +7.2% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
ADBE+0.99%
CRM+0.9%
Chance of a risenext 21 sessions
ADBE74%
CRM80%
Expected returnnext 63 sessions
ADBE+3.41%
CRM+4.9%
Range of outcomes63 sessions, 80% band
ADBE−31.2% to +38%
CRM−25.6% to +35.4%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
ADBE—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
CRM$259.5728 Oct 2026
Gap to pricefair value against the close
ADBE—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
CRM+7.2%
Past readings that matchedsign of the 21-session outcome
ADBE39.4%of 269
CRM43.9%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
ADBE+7.1%
CRM+7.5%
6 monthsS&P 500: +8.5%
ADBE+2.5%
CRM+33.9%
Year to dateS&P 500: +13.3%
ADBE−28.6%
CRM−8.1%
1 yearS&P 500: +12.7%
ADBE−30.2%
CRM−4.6%
5 yearsS&P 500: +70.7%
ADBE−60.5%
CRM−15.1%
1 year against the S&P 500percentage points
ADBE−42.9 pts
CRM−17.3 pts
Position in the 52-week range0% low, 100% high
ADBE34%close $249.76 in $190.12 to $363.70
CRM79%close $242.11 in $146.32 to $267.80
Against the 200-day average
ADBE−0.5%
CRM+22.3%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (ADBE), (CRM)
Market value
ADBE$98.78B28 Oct 2026
CRM$199.26B28 Oct 2026
Enterprise valueat the last filing
ADBE$117.30B28 Aug 2026
CRM$182.43B31 Jul 2026
P/Elatest filed
ADBE16.1
CRM16.7
Price to book
ADBE9.80
CRM3.95
EV / EBITDA
ADBE12.15
CRM18.85
Free cash flow yield
ADBE9.19%
CRM9.84%
Dividend yield
ADBE0%
CRM1.02%
Questions

Adobe Inc. or Salesforce: common questions

Which is larger by market value, Adobe Inc. or Salesforce?

Salesforce, at $199.26B against $98.78B for Adobe Inc., on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Adobe Inc. or Salesforce?

Salesforce has the higher latest filed P/E, 16.7; Adobe Inc.'s is 16.1. Filings: quarter to 28 Aug 2026 and 31 Jul 2026.

How did Adobe Inc. and Salesforce move over the past year against the S&P 500?

Over the past year Adobe Inc. returned −30.2% and Salesforce −4.6%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Adobe Inc. and Salesforce over the next month?

+0.99% for Adobe Inc. with a 74% chance of a rise, and +0.9% for Salesforce with a 80% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Adobe Inc. and Salesforce compare?

The operating margin is 34.8% for Adobe Inc. and 20.6% for Salesforce, and the gross margin 88.7% against 76.7%. Filings: quarter to 28 Aug 2026 and 31 Jul 2026.

Do Adobe Inc. and Salesforce shares move together?

Over the past year the correlation of their daily returns was 0.76 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
Open in the console
The two company pagesAdobe Inc. (ADBE) forecast and analysisSalesforce (CRM) forecast and analysis
More comparisonsAdobe Inc. vs AutodeskAdobe Inc. vs Cadence Design SystemsSalesforce vs Palantir TechnologiesSalesforce vs PTC Inc.
BrowseAll Information Technology companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.