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Adobe: Why AI Could Supercharge Growth
AdobeAdobe(US:ADBE) Seeking Alpha·2024-01-21 13:12
David Tran As inventors navigate through the AI-enhanced equity narrative in 2024, Adobe (NASDAQ:ADBE) stands out as a key beneficiary of the expanding creative class and the accelerating adoption of AI in the creative industry, with Adobe's topline projected to expand at a >10% CAGR through FY 2028. On that note, investors should consider that any of Adobe's incremental revenue is recurring and highly value accreditive for shareholders, as the SaaS giant is able to generate about 0.35 cents of free cas ...