$ADBE share price has been under pressure recently, even though the company continues to show solid fundamentals and strategic initiatives around AI and subscriptions. Analysts from UBS recently cut the price target to $380, highlighting investor skepticism about growth prospects and AI monetization timing, while others like Bernstein have raised targets based on long-term AI potential.The stock has also hit fresh 52-week lows, and broader concerns around competition from newer AI-powered tools and pricing pressures have weighed on sentiment.So I want to ask other investors here:
Are these lower valuations a buying opportunity based on Adobe’s strong margins, recurring revenue, and AI roadmap, or is the market right to be cautious about growth and competitive threats? What’s your take on Adobe’s risk-reward setup today?