Core Insights - Adobe Inc. is considered undervalued despite strong growth and AI adoption, according to its CEO Shantanu Narayen [1][2] - The market's current focus on semiconductors and AI infrastructure is overshadowing the importance of software solutions, which Adobe is well-positioned to benefit from [2] - The company is increasing share buybacks due to its undervaluation [2] Analyst Perspectives - Jake Roberge from William Blair reaffirmed a Buy rating for Adobe, encouraged by product launches and AI integration plans [3] - Roberge highlighted the visibility into long-term growth catalysts and reaffirmed FY 2025 guidance, indicating a positive outlook for FY 2026 [4] - Adobe is recognized as a leader in creative, document, and digital experience software, providing essential tools for various business functions [4]