10 Trending AI Stocks on Wall Street

3. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Holders: 88

Adobe Inc. (NASDAQ:ADBE) is one of the 10 Trending AI Stocks on Wall Street. On December 12, Bernstein analyst Mark Moerdler reduced the price target on the stock to $506.00 from $508.00 while maintaining an “Outperform” rating. The rating affirmation follows a “solid” Q4 2025 report.

According to the firm, performance for the software maker exceeded both consensus estimates and the high end of Adobe’s own guidance. Looking ahead, it also provided first-quarter fiscal 2026 guidance slightly above consensus expectations.

The firm’s research note further noted that fiscal outlook 2026 suggests double-digit growth next year. Though the quarter doesn’t fully refute bearish views, the firm has expressed an “incrementally positive” stance on company guidance and initiatives.

The firm has therefore become more constructive on the stock, citing a rebased narrative and highlighting increased clarity in Adobe’s artificial intelligence story implementation across all customer segments.

Adobe Inc. (NASDAQ:ADBE) is a software company that provides digital marketing and media solutions.