07:15 AM EDT, 09/12/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target to $425 from $500, on a lower revised P/E of about 16x shifting to our CY 27 EPS view, well below peers and historical. After posting Aug-Q results ahead of our view, we lift our FY 25 (Nov.) EPS estimate to $20.82 from $20.60 and FY 26 to $23.12 from $22.78. We start FY 27 at $26.22. Despite well-known concerns about AI eating software, we think AI will prove to be an extension to software applications and come away impressed by ADBE's RPO growth (+13%). We like the faster-than-expected monetization prospects, but AI remains at low-single digit percentage sales). We see emerging opportunities like enterprise content automation (GenStudio) via integrating the entire content supply chain (planning, creation, asset management, activation). We also like ADBE's new LLM Optimizer that we think will cater well to large brands as well as how it's positioning itself as an integration layer for third-party models. Valuation is enticing at less than 15x our CY 27 EPS, discounting some risks.