10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing

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1. Adobe Inc. (NASDAQ:ADBE)

Forward P/E as of June 19: 16.33

Analysts’ Price Target Upside as of June 19: 33.66%

Number of Hedge Fund Holdings as of Q1 2025: 111

Adobe Inc. (NASDAQ:ADBE) is the top-ranking company on the list of 10 undervalued blue chip stocks analysts recommend for smart investing. On June 17, the tech giant launched a mobile version of its AI image generation app, Adobe Firefly. The company also announced new partnerships to integrate its AI tools into other platforms.

Adobe Firefly for mobile devices allows users to generate images from text prompts directly on their smartphones. This includes features like “Generative Fill,” which enables users to add or remove objects from images simply by typing descriptions. Users will have both free and paid access to the platform. Free users will utilize a certain number of free credits each month, while paid users will purchase additional credits once the free offer is depleted.

At the same time, Adobe confirmed that Figma and Snap (for Snapchat) will integrate its generative AI (GenAI) tools into their platforms. Figma and Snap users will access Adobe’s AI capabilities like those in Firefly.

Adobe Inc. (NASDAQ:ADBE) is a global software company. It develops and sells creative, document, and customer experience solutions through segments like Digital Media, Digital Experience, and Publishing. Its flagship products include Photoshop, Illustrator, Acrobat, and Adobe Experience Cloud.

While we acknowledge the potential of Adobe Inc. (NASDAQ:ADBE) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADBE and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Biotech Stocks Screaming a Buy and 13 Best Software Stocks to Buy Now.

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