Adobe Stock Analysis
ADBE
Let’s jump right into a deep dive analysis of ADBE (Adobe) stock.
Is now a good time to build a position?
Adobe’s stock price was hammered last year. Down 27%. One of the worst performers in the S&P 500.
Some investors are concerned that AI will disrupt their business model and knock them off their pedestal as the #1 company for designers.
Disruption and uncertainty will always push a stock price down.
Design work is getting much easier with less of a learning curve. This will lead to many entry level jobs disappearing.
And to top it all off. Many of Adobe’s customers are mad that the AI products are being trained using their design work.
All of this worry has sent the sentiment and stock price into a tailspin.
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