Is Adobe Facing a Crash or Its Biggest Comeback in the Corporate History?

For me, the central question regarding Adobe (ADBE) is not whether the best time has passed, but whether the company can make AI its ally, and that seems to be the case right now. The subscription model with Creative Cloud, Photoshop, Illustrator, Premiere, Lightroom, and the Experience Cloud continues to deliver strong growth and recurring revenues; the recent quarterly results with double-digit revenue growth and rising profits speak a clear language. The foundation remains robust. At the same time, AI has put massive pressure on the stock, as...