RBC Capital Maintains ‘Outperform’ Rating on Adobe (ADBE), Keeps $480 Price Target
From Yahoo Finance: 2025-06-05 13:12:00
RBC Capital maintained its ‘Outperform’ rating on Adobe Inc. (NASDAQ:ADBE) with a $480 price target ahead of its Q2 FY2025 earnings report on June 12. Adobe boasts a $177 billion market cap, 89% gross margins, and 10.5% revenue growth in the past twelve months, but its stock has underperformed peers.
RBC Capital analysts see potential in Adobe’s generative artificial intelligence (GenAI) and competitive dynamics. They anticipate increased visibility around GenAI monetization strategies, including generative credits from video capabilities and tiered pricing structures. These opportunities position Adobe to meet the rising demand for AI-powered creative tools and drive future performance.
Adobe Inc. (NASDAQ:ADBE) offers digital media, marketing, and document solutions through products like Creative Cloud applications and Experience Cloud solutions. While ADBE shows promise, other AI stocks may offer higher returns with less downside risk. For more information on AI stocks, visit the provided links. No disclosures were made.
Read more at Yahoo Finance: RBC Capital Maintains ‘Outperform’ Rating on Adobe (ADBE), Keeps $480 Price Target