Adbe stock price forecast current projections for the "ADBE

Current projections for the "ADBE stock price forecast" factor in Adobe’s aggressive enterprise licensing strategy, which could lift recurring revenue to $20B annually by We first sifted through online rankings, and internet lists to compile a list of the top growth stocks to buy for the next 5 years. We then selected the stocks with high 5-year revenue growth and high analysts' upside potential. From those we picked 15 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q3 2024. Software giant Adobe (ADBE), best-known for game-changing tools like Photoshop and Acrobat, has fallen out of favor with investors. Once a darling of the tech world, ADBE stock has slumped this year, weighed down by intensifying competition, concerns over its subscription-heavy model, and growing doubts about whether the company is truly keeping up in the fast-moving artificial intelligence (AI) race. The "ADBE stock price forecast" incorporates potential upside from cross-platform functionality improvements, which could expand mobile user adoption rates by over 25% in two fiscal years.