Analysts suggest Adobe stock is undervalued following a selloff driven by AI disruption fears. One analyst upgraded the stock to "Buy" on February 16, 2026. Current valuations match lows last seen during the 2009 financial crisis.
The bullish outlook assumes the "AI fear trade" is overblown. Adobe's AI integration aims to enhance offerings, retention, and growth.
The stock trades at attractive multiples relative to expected double-digit earnings growth. Analyses suggest the stock nears a bottom. Adobe positions for a rebound in 2026.