business
Adobe Stock Poised for 35% Rebound Despite Recent Selloff
Key takeaways
- Adobe Stock Poised for 35% Rebound Despite Recent Selloff Vandita Jadeja Tue, June 23, 2026 at 9:17 PM GMT+7 4 min read ADBE MSFT NVDA Quick Read ADBE has fallen 44% in a year, but 24/7 Wall St.
- Adobe s AI-first ARR tripled to $500M+, while partnerships with Microsoft and Anthropic reposition it as agentic AI infrastructure.
- At just 8x forward earnings, ADBE prices in AI disruption the financials don t yet show, with even the bear case implying 21% upside.
Adobe Stock Poised for 35% Rebound Despite Recent Selloff Vandita Jadeja Tue, June 23, 2026 at 9:17 PM GMT+7 4 min read ADBE MSFT NVDA Quick Read ADBE has fallen 44% in a year, but 24/7 Wall St. rates it a BUY with a $264 price target implying 35% upside.
Adobe s AI-first ARR tripled to $500M+, while partnerships with Microsoft and Anthropic reposition it as agentic AI infrastructure.
At just 8x forward earnings, ADBE prices in AI disruption the financials don t yet show, with even the bear case implying 21% upside.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop