Adobe Cheap Growth Stock

last updated on

Adobe Cheap Growth Stock

Adobe: A Cheap Growth Stock To Buy

Looking at the Nasdaq Composite or S&P 500 trading at all times high can make anyone think that all the stocks are in green.

But the reality is that many SaaS stocks are going through a brutal sell-off. This comes at a time when investors are trying to figure out whether these companies are still worth it in the era of AI.

Adobe Stock Is Trading At Record Lows

There's no doubt that AI has proved itself to be a disruptive force and could end many big names. But, there are still many firms that have managed to survive the AI and are now back to growth.

One such stock is Adobe (ADBE), which is at record lows. However, this can also mean buying the Adobe stock at a discount with a potential for more upside!

Right now, Adobe is enjoying strong demand due to AI-powered tools integrated into its products. The P/E of Adobe is only 16, while its forward P/E is 11. In a nutshell, Adobe is way too cheap, and there's no reason to not buy some Adobe stocks at current levels.

The Q4 results of Adobe showed a 10% y/y revenue growth, which is quite good. Also, the Adobe CEO stated that the company's importance in the AI ecosystem is growing. Also, there's a strong adoption of Adobe's AI tools, which has helped with the momentum.

Adobe is planning to further expand its customer base by advancing the agentic and generative platforms. With all things considered, Adobe is all ready to achieve double-digit growth during FY2026.

Adobe is a very good example of how a company can turn around and convert challenges into opportunities. At the start, everyone was thinking that AI would end Adobe, but the company managed to use AI to stay relevant and grow.

So, for those who want cheap tech stocks with a solid history, the Adobe stock can be a really good choice. The Adobe stock is literally available at a discount and

Trending Stories