Is It Too Late to Buy Adobe Stock?
's (NASDAQ: ADBE) stock has surged more than 80% this year and is currently hovering near its 52-week high. Most of that rally was driven by the market's enthusiasm regarding the cloud software giant's new artificial intelligence (AI) tools, its stabilizing sales growth, and expanding operating margins.
But is it too late to hop aboard the bullish bandwagon and buy Adobe's stock? Let's review its growth rates, valuations, and longer-term catalysts to decide.
Image source: Getty Images.
Source Fool.com
Adobe Inc. Aktie
502,10 €
-0,87 %
Deutliches Buy-Überwiegen bei Adobe Inc. im Vergleich zu Sell-Einschätzungen.
Die Community sieht für Adobe Inc. ein leicht positives Kursziel von 588 € im Vergleich zum aktuellen Kurs von 502.1 €.
