Is ADBE a good stock to buy? We came across a bullish thesis on Adobe Inc. on Astute Optics - US's Substack. In this article, we will summarize the bulls' thesis on ADBE. The thesis was published on September 11th when the stock was trading at $252.23. ADBE corrected 7.71% since then. The decline appears to reflect continued concerns about Adobe's near-term growth and its ability to turn AI adoption into revenue, compounded by competition from cheaper creative tools and uncertainty around its leadership transition. Adobe Inc.'s share was trading at $232.77 as of October 7th 2026. ADBE's trailing and forward P/E were 13.44 and 8.73 respectively according to Yahoo Finance.
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