Is Adobe Inc. (NASDAQ:ADBE) a NASDAQ Stock with the Highest Upside Potential?

From Yahoo Finance: 2025-04-12 09:04:00

In April, Dan Ives of Wedbush Securities discussed how tariffs could impact tech supply chains, leading to a potential 25% earnings cut in the tech sector. Elon Musk’s actions and Trump’s tariffs contribute to economic uncertainty, affecting US tech companies. Ives criticized Musk’s political involvement and estimated demand destruction in Europe and the US.

Adobe Inc. (NASDAQ:ADBE) ranks 5th on the list of NASDAQ stocks with the highest upside potential, with an average upside potential of 54.09%. The company operates through its Digital Media, Digital Experience, and Publishing & Advertising segments, generating significant revenue growth in FQ1 2025. The integration of AI features in Adobe’s offerings has been well-received, contributing to subscription-based revenue growth.

Polen Focus Growth Strategy sees potential in Adobe Inc. (NASDAQ:ADBE), anticipating re-accelerating revenue and earnings growth. The company’s Firefly GenAI product embedded in creative software is expected to drive growth. While Adobe shows promise, there is a cheaper AI stock with significant upside potential for investors to consider.

Read more: Is Adobe Inc. (NASDAQ:ADBE) a NASDAQ Stock with the Highest Upside Potential?