Up 77% Last Year, What To Expect From Adobe Stock?

ANKARA, TURKIYE - DECEMBER 28: In this photo illustration logo of 'Adobe' app is displayed on a ... [+] mobile screen in front of a computer screen in Ankara, Turkiye on December 28, 2023. (Photo by Ahmet Okur/Anadolu via Getty Images)Anadolu via Getty ImagesAdobe’s stock (NASDAQ NDAQ : ADBE DBE ) has lost 4% in 2024 as compared to the 1% drop in the S&P500 index over the same period. Further, ADBE stock is currently trading around $572, which is 10% below its fair value of $633 – Trefis’ estimate for Adobe ...