Core Viewpoint - Goldman Sachs analyst Kash Rangan reiterated a "Buy" rating for Adobe (ADBE.US) with a target price of $570, citing strong performance in Q3 revenue, profit margins, and cash flow, along with moderate revenue guidance [1] Group 1: Financial Performance - Adobe's Q3 revenue, profit margins, and cash flow showed strong performance, which has led to a positive outlook from analysts [1] - The company's AI-first annual recurring revenue has already surpassed the $250 million target set for Q4 of FY2025 [1] Group 2: Growth Drivers - Analysts believe that artificial intelligence is a key driver for boosting Adobe's digital media business annual recurring revenue [1] - If the current growth rate is maintained, AI business is expected to stabilize and accelerate growth by 2026, potentially opening new revenue streams for Adobe [1] Group 3: Long-term Outlook - Overall, artificial intelligence is becoming a major driver for Adobe's long-term development and compound growth [1] - The upcoming Adobe MAX conference and investor meeting on October 28 is viewed as a potential catalyst for gaining clearer insights into AI and the company's broader long-term framework [1]