Adobe Inc. (ADBE): A Bull Case Theory 

We came across a bullish thesis on Adobe Inc. on Summit Stocks’s Substack. In this article, we will summarize the bulls’ thesis on ADBE. Adobe Inc.'s share was trading at $353.27 as of September 24th. ADBE’s trailing and forward P/E were 22.02 and 15.13 respectively according to Yahoo Finance.

Adobe Inc. (ADBE) has seen its stock decline roughly 35% over the past year amid investor concerns about AI potentially commoditizing its creative software. The company remains the dominant provider of digital content tools, with its core Digital Media segment—Creative Cloud, Adobe...