Mizuho analysts labelled Adobe Systems (NASDAQ) a “true AI winner” in a recent note, highlighting the company’s under-appreciated AI technology and significant future gains. They view Adobe’s current lack of popularity as an investment opportunity, suggesting new money could flow into the stock in the next 6-12 months if their bullish thesis holds.
Adobe’s AI offerings, including its Firefly creative engine, are positioned to attract new users and encourage upgrades among existing customers. Mizuho maintains a Buy rating and a $640 price target for Adobe, recommending the stock for investors seeking a contrarian long position with modest downside risk.
