ADBE

"Names like Lululemon, PayPal, Fiserve, Zoetas, Marcato, Libre, Flutter, JD.com, Tencent, and Adobe."

"Largest positions, Adobe, JD, next Zoetis, Flutter, Fiserv"

"Adobe. It's so bad. It was at all-time high of 700. It recently got to 190 bucks, and it's currently sitting at 260. So, it is up What is that? 40% in the same amount of time these other companies are down 20, 30, 40% or more."

"But while he was long SK Hynix and Micron and all those companies, he was also short software like Adobes and other kind of companies."

"AI could change what people even need. Think about how you use software today. The old way is you open Photoshop, you carefully edit this image. The new way with AI might be just make me five finished ad designs that match my brand."

"Some smart respected investors have lined up against Adobe. Let me give you one of the loudest voices. A famous investor named Terry Smith, who I respect immensely, runs one of the biggest funds in Europe. His concern is blunt. He basically said, "I can't see how they're going to make money from AI.""

"Adobe could lose the next generation. Right now, professionals are deeply locked in, but the real danger isn't today's pros. It's the teenagers, the small businesses, and the social media creators who are starting out right now on simple, cheap, easy phone apps, and who may never bother to learn Adobe at all."

"Adobe doesn't have to guess the AI future perfectly on day one. That river of cash lets it pour money into AI research by other companies, give away free apps to pull people in, and buy back its own stock all while easily surviving any mistakes along the way."

"The AI math might not even add up. Adobe loves to brag that its new AI products already bringing in over $500 million a year. That sounds big until you realize it's less than 2% of Adobe's total recurring revenue."

"Then you've got Oakmark, a legendary value fund which flatly calls Adobe's Creative Cloud the de facto standard for both professionals and students."

"The company is Adobe. Yes, the company behind Photoshop, Illustrator, Premiere, and Acrobat, the software that basically every designer, photographer, and video editor on Earth uses has been absolutely crushed, down huge from all-time highs."

"AI might actually make Adobe stronger, not weaker. Adobe is stuffing its own AI called Firefly directly into inside all of its apps. Because here is the thing. A professional needs way more than one pretty AI image."

"A while back, Adobe tried to buy a hot up-and-coming design company called Figma and offered a jaw-dropping $20 billion for it. Smith's take was that they'd be worried about what that reveals. Their point, if Adobe was willing to pay $20 billion to swallow a young competitor, then maybe Adobe itself is scared of these new modern tools."

"So, here's Adobe. It's down at 227 right now. Like I said you before, all-time high 700 bucks almost 5 years ago. So, high returns on capital, 36.7%."

"Adobe doesn't just sell tools. It owns the entire workflow. This is the big one that people miss. Photoshop, Illustrator, Premiere, Acrobat. They're not just separate little apps. They're one connected system that professionals and whole companies build their entire process around."

"So, Wall Street looked at that and basically decided AI is going to make Adobe software absolutely useless."

"The business has continued to grow the entire time the stock was falling. The stock just recently dropped 33% year-to-date even as Adobe posted quarter after quarter of record sales and record profits."

"Michael Burry. Yes, the guy from The Big Short, the ultimate skeptic. He is actually long Adobe, means which means he's betting on it. And his argument is beautiful. Large language models, no matter how advanced they get, will never beat that creative instinct of a talented human being."

"Adobe's actual business is growing. Revenue is up 13% year over year last quarter. Its AI products, as we said, have more than tripled year over year. And its recurring revenue, which is a subscription money that essentially locked in for a year, now sits at over $27 billion with management still guiding for more growth."

"I own Adobe. Doesn't mean you should own it. We're here to teach a process that you can apply to your own stock picking and that might include Adobe."

"Snowflake, we have here Adobe, Service Now, Reddit reports later today."

"It's been absolutely brutal for Service Now, Adobe, Constellation Software, and any company that has exposure to software in general."

"Adobe 34%, Lululemon down 42%, and like I just said, into it down 58%"

"Okay, next up, stock number two, Adobe. This is a company I own."

"Because Adobe passes every filter I just showed you. It scored a 74, which is pretty extraordinary. Has an 89% gross margin. They basically invented software as a service, you know, subscriptions. Very good return on capital. It's trading at a really, really cheap valuation right now on the face of it. And one of my mentors said to me, ban the word cheap from your vocabulary, and he's right. Insanely cheaper on the face of it. But look at the stock price. It's just collapsed. Because they're sta"

"immediately start with Adobe. Now, Adobe P ratio of 12, the stock has rebounded a little bit from the downturn, let's say. It will all depend on next earnings."

"Big respected names like ServiceNow, Adobe, and even Microsoft got hit really hard."

"he's been reported to be buying the hated, beaten-down value names, Adobe, PayPal, Fiserv, even Microsoft."

"Is Adobe dead because the stock price is down?"

"Adobe"

"Guys, stock number five is one that's been beaten up hard. Adobe, the maker of Photoshop, Premiere, and the creative tools designers use every single day."

"Next stock, Alibaba. Now guys, Alibaba has been on a whirlwind. I had shares, they skyrocketed in price. I lost the shares due to a covered call at 140 or something something along those lines. It went up to 190. I was like, "Oh man, did I make a mistake? Did I pull another Meta mistake where I sold Meta too soon?" And now the stock has fallen back. So what is Alibaba? Well, think of them as the Amazon of China, but across e-commerce, cloud computing, and digital payments. And they serve over 1."

"We got a high of 52% by Southwest, a low of loss of 52% by Adobe"

"And overall, Adobe's free cash flow is continuing to grow. So the profits of the business are strong and they seem like they are durable."

"Then for their financial highlights, they say that Adobe achieved record revenue of 6.62 62 billion in the second quarter, which represents a 13% year-over-year growth rate or 11% on a constant currency basis."

"That is the only other time that Adobe has been this cheap."

"And the first stock that is in Michael Bur's portfolio is Adobe. Adobe has also been a very controversial stock in the market."

"Now, if we head over to Stock Unlock and take a look at Adobe's financials, we can see that its revenue is continuing to grow and hit fresh all-time highs of about $25.2 billion in the trailing 12 months."

"But on the flip side, if Adobe does not actually get disrupted by AI, then I do think that the stock is looking very cheap."

"Then we can see that operating cash flows came in at 2.17 billion. So, Adobe is still generating billions of dollars in cash flows and they repurchased 8.5 million shares during the quarter."

"So Adobe's business is in fact decelerating on an organic basis which is feeding in to the continued AI disruption narrative which also suggests to investors and the market that Adobe's business is struggling with competition."

"And since I don't feel certain about where Adobee is going to be over the longer term, that is what is holding me back from investing in the company."

"So there are instances already where just for myself, I have already started to go away from Adobe and start to use other AI tools."

"So Adobe's annual recurring revenue is projected to grow again by about 10.2%."

"I still think service now will do very well or a service force or an Adobe or SAP or or whatever if we we are now in this type of environment where the market isn't certain that these companies will survive or will have the same business model meaning they won't be as profitable as they've been over the past decade and if you know what in a world like this uh yes I rather pay up to own a business where to me it is quite clear that they are going to be huge winners."

"the PayPals, Adobes, things that are cheap, traded in the US."

"Michael Burry has made Adobe his full position as he has been buying more of this falling knife."

"Give me a strong, cash-generating company that's hated right now, like Adobe. People joke about it being down again, but if it keeps growing its cash quarter after quarter, revenue quarter after quarter, eventually people will care again."

"We have discussed Adobe Mercado Libre recently"

"Stock number two, Adobe. Guys, another company that I own. Bur bought it recently at a lower price than me."

"he was building positions in PayPal and Adobe"

"Stock number two, Adobe. Adobe is down 42% this year. 42%. This is This is Photoshop. This is Creative Cloud."

"And we have here Adobe. You can also check Marcado Libé and earnings per share. If they grow at single digit high singledigit rates, then you can see the intrinsic value here is not far from the stock price."

"Yes, Adobe is a buy, but now I'm not touching it." As I explained, Adobe is a buy, but you have to see at what level and is it for you because it doesn't fit my portfolio, my requirements."

"That's exactly what makes the difference between Adobe at 600 and Adobe at 200."

"I might have to do [1123s] Adobe next because I've got a lot of [1125s] comments about Adobe recently."

"Adobe"

"I outright bought more Adobe stock after earnings"

"I have Adobe at a price target of 185. I clearly bought Adobe recently at a higher price than that."

"Definitely Adobe, Home Depot."

"It's an extremely highly competitive environment. It's growing, but Adobe is growing slower, which means it's losing market share."

"Therefore, on our quadrant, I put and I'll keep Adobe on a bet because it's too much of a bet for me."

"Adobe spending around 2 billion annually for stock-based compensation. And then, if we dig deeper, the dilution rate is 3% annually."

"That is the upside with Adobe. But, what if the deceleration continues? What if Adobe still keeps its business, but the pricing pressures, the competition, they need to do this, they need to change, CEO gone, CFO gone. Things are a little bit shaky."

"Good day, fellow investors. Some barrage of comments, of course, about Adobe, which means the stock is going lower."

"Let's go to Adobe. Discuss the earnings, the business, the valuation, investing conclusion. And when a stock goes down, Michael Burry makes it a full position."

"Well, I guess Adobe's people never read Warren Buffett. Warren Buffett is a dinosaur for them. However, his quote is the very same name for stock-based compensation says it all. Compensation. If compensation isn't an expense, what is it? And this is pure misleading investors, misleading everything."

"Which means Adobe can be a part of a diversification strategy. If not, being focused on it can cost you a lot."

"Let's do Adobe, you can simply click here. The price is already there and now we have to put the inputs. Let's start with the normal case scenario, 17 earnings per share, the GAAP earnings, not the non-GAAP crazy earnings."

"Look at Adobe. Adobe's down to $196. That one was down five plus%."

"It's based on companies like a Salesforce, like an Adobe. Still growing businesses, very, very profitable, but yes, it did grow faster before. It's not growing as fast right now."

"What ultimately is appealing to me about Adobe is that this is an established business. There is free cash flow in this business."

"Let's start with that valuation because this is what ultimately gets really compelling for Adobe."

"Stock number two, Adobe. If you've ever edited a photo, if you ever created a PDF, or you design anything, you've probably used an Adobe product, either Photoshop, Acrobat, or Illustrator."

"Adobe, the company behind Photoshop and PDFs, is down about 30%."

"Now, before I show the stock analyzer results on Adobe, I really got to explain some things to you because Adobe is actually a perfect example of why I started Everything Money in the first place."

"Adobee's in here"

"The number of people buying their products is increasing. If it was going to be replaced, I think AI is going to enhance Adobe. Their Firefly product is probably going to enhance Adobe."

"But the stock right now again is very cheap. is trading at about 9p nine times earnings for a 45% net income margin 93% recurring revenue business model that just you couldn't imagine that I mean the stock used to trade at 3540p due to the recurring revenues now trading at 9p the management team believe it's undervalued as they've been buying back stock like never before in fact the only thing that's dying about Adobe is their shares outstanding and they lower shares outstanding a lot from 450 m"

"I think it's highly, highly unlikely. So, the way I look at it is Adobe there has to be a level where it's too cheap to ignore. I think we're getting very close to this level and as long as the business doesn't decline in revenues, as long as everything remains the same. I believe the of the market will ultimately buy up the stock."

"So, again, they have those AI first products, but they're kind of blended with the old products. But what I was saying is that if Adobe can come up with something completely new like like something where is so big that people are talking about on the internet and they're editing pictures or something with the app from Adobe that that's like so revol revolutionary or something special. I think that would change the sentiment. But uh you know the company is doing what what they can and they're doi"

"I think that would change the sentiment. But uh you know the company is doing what what they can and they're doing well so far."

"But if they be get something new, they can advertise it to 850 million people for pretty much for free because they already have those people in the ecosystem."

"Adobe just reported earnings. The stock is down 5 and a.5% in the after hours."

"If it deteriorates further over the next two quarters, that would tell you that maybe Adobe is actually getting disrupted."

"I watched this video to understand you know this video on why this guy is bearish on Adobe. He said the profit structure of Adobe's business is deteriorating because the company's operating margins are deteriorating."

"But this is not what's happening to Adobe. In Adobe, it's the exact opposite."

"But based on everything I've seen today, Adobe is fine. It's not getting disrupted. But if operating margins decrease further over the next two quarters, then maybe you could say the disruption is starting. If there's no nothing else to justify it, then maybe the disruption is starting. But so far so good. I think the stock still undervalued."

"the SAS apocalypse, some of the names and Adobe, especially at Dualingo, for example, some of these SAS names have started to catch a bit, right?"

"MasterCard, DoorDash, Airbnb, Louis Vuitton, Alibaba, Paycom, T Rowe Price, Ulta Beauty, Target, Tractor Supply, Chipotle, Otis Elevator Company, Hershey, Visa, Poolcorp, Disney, Microsoft, and Adobe. Now, some of these companies I own already like Ulta, Target, Disney, and Adobe."

"And then on Thursday after the market closes, we do have Adobe."

"Adobe 4.3"

"Same here with Adobe. Profitability not a problem at all. Gross profit margin 89.4%, free cash flow margin 42.2. Operating margin 36.6 and net profit margin 29.5%."

"Same questions to be asked about Adobe."

"software constellation Adobe food brands yielding 10% and higher still growing. Flower Foods 12% dividend yield. Adobe down 50 40%. Very interesting situations."

"$190 per share. Adobe is up."

"Adobe"

"Look at Adobe. Adobe has not contracted. Its growth has just slowed and everybody has freaked out about it and said that the company is failing and the stock is down from an all-time high of $700 just a few years ago down to 250."

"Whether it's [503s] Salesforce, Adobe, Service Now, you name [506s] it. some cyber security names."

"Next one, Adobe. The stock is down 40% over the last year. the P ratio is just 14. Why just 14? Because when you have a company growing 10% per year, a P ratio of 14 is very low. And they are implementing all that AI into their own ecosystem. If this leads to monetization, growth and everything that they are hoping it does over time, the stock will not trade at the P ratio of 15 but 3040 plus the growth and that is the upside."

"So maybe Adobe doesn't have the widest mode ever, but the price relative to what you're getting, I believe is a bargain and it could still work out and do amazingly amazingly well."

"And I just have a lot of doubts about Adobe now at this point in time."

"The issue with Adobe is, is it going to be dead money for the next three to five years? and you're stuck like we've been stuck with PayPal where you're just holding it year after year after year and just like numbers are good but then they don't the stock doesn't do anything because that's exactly what's happened with PayPal."

"And the stock is ADB Adobe. Yeah. Lost a little over 20% in that stock and sold it for a loss here today. Never fun."