Adobe Stock: Bear vs. Bull
(NASDAQ: ADBE) stock seems to have many more bulls on its side than bears. The software giant is up over 50% through mid-September this year, easily beating the 13% gain in the S 500. Those returns put it ahead of bigger peers like Microsoft, which is also benefiting from lots of Wall Street optimism.
There are two sides to every stock trade, though. For every buyer that's banking on market-thumping returns, there's a seller who has come to the opposite conclusion. With that debate in mind, let's look at the key factors supporting the bullish and bearish readings on Adobe stock right now.
Bears see a few major risks involved with investing in Adobe stock. The clearest one is overpaying for this software-as-a-service (SaaS) business.
Source Fool.com
Adobe Inc. Stock
The stock is one of the favorites of our community with 59 Buy predictions and 2 Sell predictions.
With a target price of 588 € there is a slightly positive potential of 18.3% for Adobe Inc. compared to the current price of 497.05 €.
