Reported 1 day ago
Adobe Inc. reported robust free cash flow in its Q3 fiscal results, yet its stock price is currently undervalued by over 20%. Despite trading at $347.75, analysts project a target price of around $417.30 based on the company's solid revenue growth and strong cash flow margins. Given the expected increase in subscription revenue and ongoing performance, ADBE stock may present a compelling opportunity for both current and new investors.
Source: YAHOO