Piper Sandler Maintains Neutral Rating on Adobe (ADBE) Following Topaz Labs Acquisition

Sheryar Siddiq

Wed, July 1, 2026 astatine 10:57 AM CDT 2 min read

Adobe Inc. (NASDAQ:ADBE) ranks among the AI stocks beyond NVIDIA that could surge successful 2026. Piper Sandler maintained a Neutral standing and a $240 terms people for Adobe Inc. (NASDAQ:ADBE) connected June 26 arsenic the institution announced the acquisition of Topaz Labs, a institution that provides AI models for video and representation augmentation.

The institution intends to integrate Topaz Labs' AI models with Firefly, Firefly Services, and Creative Cloud applications. Adobe Inc (NASDAQ:ADBE) volition besides see Topaz Labs' patented Neurostream platform, which enables large, analyzable AI models to run natively connected lawsuit devices.

According to Piper Sandler, Adobe's competitory scenery has grown much aggravated successful the AI and agentic era, and the steadfast believes that going aft M&A is the champion people of action.

Additionally, connected June 23, Adobe Inc. (NASDAQ:ADBE) announced collaborations with exertion firms and bureau networks astatine the Cannes Lions to make and measurement lawsuit acquisition solutions. In bid to negociate contented proviso chains, lawsuit interaction, and marque visibility, the institution launched Adobe CX Enterprise and CX Enterprise Coworker.

Adobe Inc. (NASDAQ:ADBE) is simply a supplier of multimedia and integer selling bundle specified arsenic Photoshop, Illustrator, and InDesign, among others. It besides offers AI products specified arsenic Adobe Firefly and Adobe Sensei. The institution was founded successful 1982 and is headquartered successful San Jose, California.

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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