$Adobe(ADBE)$ The introduction

$Adobe(ADBE)$ The introduction of its AI model, Firefly, integrated into its products such as photoshop and illustrator as well as working on developing simialr technology in video editing software, Premiere is promising. More possibilites are open with AI interacting with digital art as a medium.

As companies move to incorporate AI to their platforms, just as Apple with AI, hoping to see Adobe thrive.

AI Boost: Will Adobe Return to $600?

Adobe jumps 15% after earnings as its quarterly revenue rose 10% to a new high, driven by AI features attracting new users. The company raised its full-year guidance, described as having a "strong outlook." Next quarter's revenue and EPS are favorable. Analysts believe this should ease concerns about competition from other generative AI tools. ---------------- What's your target price for Adobe? Can Adobe return to $600?

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SullivanRrr
06-14
SullivanRrr
I’m adding

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