Better AI Stock: Adobe vs. Snowflake
Adobe (NASDAQ: ADBE) and Snowflake (NYSE: SNOW) are both cloud software companies that have been upgrading their ecosystems with new AI features.
Adobe, which is best known for its cloud-based digital media software, has been expanding Firefly, a generative AI tool for creating pictures and digital models with text-based prompts. It can also be used to accelerate and automate tasks across its other cloud-based services.
Snowflake aggregates, cleans up, and stores data from a wide range of computing platforms in its data warehouses so they can be accessed by other apps. It's been rolling out its new Cortex generative AI tools to process that data more efficiently.
Source Fool.com
Adobe Inc. Stock
With 76 Buy predictions and 2 Sell predictions Adobe Inc. is one of the favorites of our community.
As a result the target price of 579 € shows a slightly positive potential of 8.53% compared to the current price of 533.5 € for Adobe Inc..