Citi Cuts PT on Adobe Inc. (ADBE)

1 week ago 6

Noor Ul Ain Rehman

Mon, June 22, 2026 astatine 7:08 AM CDT 2 min read

Adobe Inc. (NASDAQ:ADBE) is 1 of the champion AI bundle stocks to bargain according to hedge funds. Citi chopped the terms people connected Adobe Inc. (NASDAQ:ADBE) to $228 from $264 connected June 12 and reaffirmed a Neutral standing connected the shares, telling investors successful a probe enactment that the institution reported "relatively solid" fiscal Q2 numbers. However, Citi pointed to "more signs of disruption" with an implied $500M chopped successful its fiscal 2026 integrated yearly recurring gross outlook. The steadfast chopped estimates station the net print.

Adobe Inc. (ADBE) Slips 10.45% Amid Doubts Over Firefly's AI Monetization Potential

Adobe Inc. (NASDAQ:ADBE) besides received a standing update from Freedom Broker connected the aforesaid day. The steadfast downgraded the banal to Hold from Buy, bringing the terms people connected the shares down to $250 from $510 and telling investors successful a probe enactment that the company's maturation prime shifted this quarter, arsenic the acceleration was acquired alternatively than organic. It believes that the institution is present successful a "show-me phase" and added that absorption is deliberately trading near-term subscription gross for top-of-funnel reach.

Adobe Inc. (NASDAQ:ADBE) is simply a planetary exertion institution that provides integer selling and media solutions. The company's operations are divided into the pursuing segments: Digital Media, Digital Experience, and Publishing and Advertising.

While we admit the imaginable of ADBE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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