Adobe reaches AI monetization goal ahead of schedule, but some analysts remain in wait-and-see mode

Core Insights - Adobe (NASDAQ:ADBE) exceeded third quarter estimates and raised its outlook, achieving its $250 million annual recurring revenue target for AI-first products a quarter ahead of schedule [4] - Shares of Adobe increased by 3.5% during early market trading following the announcement [4] Financial Performance - The company surpassed third quarter earnings expectations, indicating strong financial performance [4] - The achievement of the $250 million target for AI-first products reflects significant growth in this segment [4] Market Reaction - Following the positive earnings report, Adobe's shares saw a 3.5% increase in early trading, suggesting investor confidence [4] - Analysts are cautiously optimistic but are awaiting further developments before making additional assessments [4]