ADBE trades slightly higher amid modest market gains and AI growth outlook.

Adobe (ADBE) stock is trading slightly higher at $332.73 (+0.35%) in the open market, following analyst commentary from Zacks highlighting the company's strong AI push and future growth targets.

• Zacks maintained a Hold rating on ADBE due to valuation concerns, despite projecting a robust 10.2% Annual Recurring Revenue (ARR) growth target for fiscal 2026, driven primarily by AI initiatives.
• The stock's modest advance aligns with the broader market trend, with the S&P 500 up 0.13% and the NASDAQ up 0.18%.