Adobe (ADBE) is positioned to outperform peers over the next 12 months as growing synergies between the Experience Cloud and Creative Cloud segments drive differentiation in the enterprise market, RBC Capital Markets said in a Tuesday research report.
Adobe has made the shift toward agentic software the central theme across its portfolio, with the company's strategy around creativity, productivity, and customer experience likely leading to more reporting granularity, according to RBC.
Generative AI will be both a near- and long-term benefit to creative and experience businesses, which can be a catalyst for revenue growth, according to the note.
Adobe represents a lucrative mix of growth, margin, and macroeconomic durability that placed it well through 2026 and beyond, RBC said. The company significantly expanded its partnerships at its MAX conference, which is expected to be a trend going forward, analysts wrote.
The brokerage said it reiterated its outperform rating on the stock and price target of $315 per share.
Price: 236.83, Change: +0.13, Percent Change: +0.05
