Quick Read – ADBE is down 28% year to date despite AI-first ARR tripling to $500M and record revenue, creating a fundamental gap our model prices at $307. – ADSK grows revenue at 18% yet Adobe trades at a forward P/E of just 10, making ADBE’s $307 target reasonable rather than…
gressive among software peers. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Adobe didn’t make the cut. Grab the names FREE today
Adobe (NASDAQ:ADBE) has spent 2026 in the penalty box. Shares are down sharply year to date even as revenue sets records and AI-first ARR triples year over year. That disconnect is exactly why our proprietary model sees a path back above $300 within twelve months.
Our 24/7 Wall St. price target for Adobe is $307.18, implying 22.22% upside from the current price of $251.34. Our model projects that level is reached on August 4, 2027, with a base-case run through the $300 zone in June 2027. Confidence is high (90%) and the recommendation is buy.