Is Adobe Really Getting Disrupted by AI, Or Should Investors Buy the Stock?
Adobe has been putting up solid results, but its stock has struggled to gain traction.Over the past year, Adobe's (ADBE +1.70%) stock price fell about 35% based, in part, on the narrative that the company's business is being disrupted by artificial intelligence (AI). However, the leader in creative software recently closed out its fiscal year, posting solid revenue growth and projecting good growth next fiscal year as well.Let's take a close look at Adobe's results and guidance to see if the stock has what ...