Reported 1 day ago
Adobe's stock plummeted after the company issued a disappointing fiscal 2025 revenue forecast, yet analysts continue to hold 'buy' ratings due to optimism surrounding its generative AI monetization. Despite a reduction in price targets, analysts remain confident in Adobe's ability to profit from its AI innovations, especially with the introduction of a higher-priced Firefly AI toolset aimed at boosting revenue.
Source: YAHOO