“(We see) the concerns around competitive pressure and significant AI monetization,” said Angelo Zino, a senior equity analyst of CFRA research.
San Jose, California -based Creative Software Ptware PE TE TEOSHOP and Premier Pro rely on creative for its equipment.
The company said in April that it would add AI models to its generating AI tool fireflay from OpenAI and Google.
Tool allows users to create and edit images and videos for professional purposes through basic text prompts without facing Copyright Pyrite challenges.
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RBC analysts said in a note that when guidance was increased and management is positive around the demand pay general, it seems that it would take longer to prove this (AI) initiative and calm concerns of the competition around Geni.
Adobe now expects the full year 2025 to be between $ 23.50 billion and $ 23.60 billion, up from $ 23.30 billion to $ 23.55 billion.
After the second quarter results, at least five brokerage cut off their price targets on Adobe stock.
The stock has dropped by around 13% so far this year, including session loss.
The company’s 12-month-old price-marginal ratio is 18.88 compared to 29.16 of ODES Todesk.
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