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The mean price target of $612.60 suggests an upside potential of just 8.5% from the current price levels. The Street-high target price of $730 for Adobe implies the stock could rally as much as 29.3%.
He argues that 2024’s rally was more ... Fisher’s technology stock picks with huge upside potential. Aristotle Value Equity Strategy stated the following regarding Adobe Inc. (NASDAQ:ADBE ...
Adobe Inc.’s blistering rally has further to go ... and Weiss’s new Street-high target of $660 sees the stock rising to within a whisker of its 2021 record of $688.37.
Adobe shares slumped Friday, as the design software developer failed to impress with its quarterly results, despite topping ...
while other analysts continue to downgrade Adobe stock. It’s difficult to predict how the acquisition will go through, but there’s certainly potential for Adobe to significantly increase its ...
Adobe’s recent rally began towards the end of May, with its shares soaring 40%. The company’s revelation of its AI strategy and the reassurance regarding potential competition from smaller ...
After tumbling 25.5% in 2024 despite a broader market rally, Adobe stock had been holding up well ... In contrast, businesses growing slowly and lacking potential may fetch lower valuations.
Adobe's cash flow trends are impressive. Artificial intelligence could significantly boost the value of its products. Some of that rally can be pinned on the broader market surge that's sent the ...
Adobe is focusing on generative AI ... Despite a recent 32% rally due to the AI optimism, the stock is currently trading at 32x P/E TTM, which is lower than the 5-year average of 40x.