3D·

The Buyback Story Wall Street Ignores

$ADBE (+1.51%) retiring 8% of its market cap in just 12 months is massive.

EPS gets a permanent boost, Oracle-style, yet the market narrative is still stuck on “Adobe fatigue.”

At some point, buybacks + double-digit ARR growth will be too obvious to ignore.

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Alphabet 2.0. I hope it will be cheaper.
I have no idea what Adobe is good for in AI times. No need for forms that people enter data into (Acrobat), less websites needing good design and illustration (Creative Suite), Photoshop replaced by AI image generator, ... What to do with Adobe software in 5 years?!
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