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Adobe Inc. (NASDAQ:ADBE) is one of the 12 best buy-the-dip stocks to invest in now.

On June 8, Stifel updated its financial outlook on Adobe Inc. (NASDAQ:ADBE) heading into the company’s upcoming earnings release. Analyst J. Parker Lane decided to lower the firm’s price target on the shares from $400 to $350, while keeping a Buy rating on the stock.

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Parker explained that it expects an organic revenue beat of roughly 1.5% alongside modest annualized recurring revenue (ARR) growth for the second quarter.  The analyst anticipates a slight uptick for both full-year revenue and the broad ARR outlook. However, looking at Adobe’s recent track record against its own guidance metrics, Parker views such a positive scenario as the base case that is already reflected in the stock price.

On June 5, Citigroup reiterated its Neutral rating on Adobe Inc. (NASDAQ:ADBE) right before the company’s upcoming earnings report. The firm decided to raise its price target on the shares from $253 to $264, leading to an adjusted upside of around 14% at the current level.

Citi pointed out that a recent expansion in multiples across the broader software sector was the primary reason for this target revision. However, the firm remains quite cautious regarding Adobe’s near-term outlook heading into the print. Specifically, the analyst noted risks surrounding the company’s fiscal 2026 outlook, explaining that current freemium and AI monetization initiatives likely won’t generate enough momentum to offset a distinct lack of pricing benefits during the second half of the year.

Adobe Inc. (NASDAQ:ADBE) is a global technology company that focuses on digital media and marketing solutions. It offers tools for creating, publishing, and promoting content, and for managing documents. It also operates a platform that allows businesses to measure and monetize customer experiences based on marketing, advertising, and analytics.

While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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