10 Unrivaled Stocks of the Next 3 Years

8. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Holders: 104

Adobe Inc. (NASDAQ:ADBE) is one of the best unrivaled stocks of the next 3 years. On September 12, DA Davidson reaffirmed its Buy rating on Adobe Inc. (NASDAQ:ADBE) with a price target of $500.

This decision came after Adobe Inc. (NASDAQ:ADBE) reported results for its third quarter of fiscal year 2025.

DA Davision noted that the company has reached its goal of $250 million AI-first Annual Recurring Revenue (ARR) earlier than expected. This shows that Adobe Inc. (NASDAQ:ADBE) is successfully increasing the use of its AI-powered product portfolio.

The firm pointed out that Adobe Inc. (NASDAQ:ADBE) is also actively buying back shares at current price levels and maintaining strong operating margins in the mid-40% range. This supports double-digit earnings growth for the company.

DA Davidson’s price target of $500 for Adobe Inc. (NASDAQ:ADBE) is based on 21 times the company’s expected earnings per share for fiscal year 2026.

Adobe Inc. (NASDAQ:ADBE) is a leading digital media and digital marketing solutions company that offers creator tools and services to individuals, teams, and enterprises to create, publish, and promote content.