ADBE Stock Analysis: Is Adobe Massively Undervalued?

Despite the AI-dominated tech rally over the past year, Adobe (NASDAQ:ADBE) has been a laggard in the industry. The stock is down by more than 11% year-to-date and 3.0% over the past twelve months. The sell-off in Adobe’s stock stems from its high valuation as concerns about its ability to sustain growth remain a huge question mark. Adobe’s fundamentals are solid and the company remains the industry standard for creative professionals. It also shows real profitability from generative AI, something not every ...