Adobe ( $ADBE) just posted some pretty interesting numbers.
Q3 revenue came in at $6.76B, up 13% YoY, while AI-first ARR grew more than 150%.
They've also crossed 1B monthly active users.
You'd expect the market to be happy with that, but $ADBE still came under pressure.
I think the bigger question now is monetization.
Adobe clearly has the users and the AI products. The market just wants to see those users translate into more revenue.
Curious to hear what others think, is Adobe being undervalued here, or is the market right to want more?
$ADBE is available on BingX TradFi.
#ADBE #AI $BTC #BingXTradFi
Q3 revenue came in at $6.76B, up 13% YoY, while AI-first ARR grew more than 150%.
They've also crossed 1B monthly active users.
You'd expect the market to be happy with that, but $ADBE still came under pressure.
I think the bigger question now is monetization.
Adobe clearly has the users and the AI products. The market just wants to see those users translate into more revenue.
Curious to hear what others think, is Adobe being undervalued here, or is the market right to want more?
$ADBE is available on BingX TradFi.
#ADBE #AI $BTC #BingXTradFi
