Adobe MAX conference highlights AI partnerships and platform expansion
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Goldman on Adobe (ADBE): 'we believe AI has prompted the company to reimagine its products'
October 29, 2025 12:33 PM EDTGoldman Sachs analyst Kash Rangan reiterated a Buy rating and $570.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "Adobe is indicated -6% following its A-day, as the company outlined updates to FY26 disclosure and guidance approach, pulling-back DM ARR and reorienting around Total ARR. While investors are likely perceiving the reduced visibility into core DM business as a negative, we see the shift as prudent given the growing interconnectivity of DM/DX and better alignment with Adobe's long-term growth strategy. We reiterate our Buy rating and $570 PT, coming away from MAX 2025... More
