Analysts Bullish on Adobe Stock Despite Tumble

Adobe Stock: A Conservative Outlook and AI Potential

Adobe shares dropped nearly 9% last Friday due to a weaker-than-expected financial outlook. Analysts remain optimistic about the stock, attributing this to the belief that Adobe's projections are conservative and seeing potential benefits from artificial intelligence (AI) developments. Notably, the subscription upgrades to access Firefly, Adobe’s suite of generative AI models, are seen as a critical factor for future performance.