Adobe: This Was The Last Reset - Upgrading To A Strong Buy On AI

  • I'm upgrading Adobe to a strong buy around $400, as the worst appears behind us and current levels offer attractive entry. ADBE delivered a double beat in 2Q25, raised full-year guidance, and is rapidly gaining traction with its AI-focused offerings. The company's unique product ecosystem, robust AI innovation, and strong financials position it for a rebound in sentiment and valuation in 2HFY25, in my opinion.