Current Buyback Program Status

​Authorization Date: March 14, 2024 
​Authorized Amount: $25 Billion 
​Expiration: March 14, 2028 

​Strategy: This new authorization is significantly larger than previous ones (which were typically in the $10B–$15B range), signaling management's strong intent to return capital to shareholders and reduce the overall share count through 2028. 

ADOBE- THE UNDERVALUED GEM. BULLISH TARGET PRICE $660

@SPOT_ON
DBS's ambitious Street-high target of $660 suggests that ADBE stock can rally as much as 90%. The average analyst price target of $494.73 indicates 43% upside potential from current levels. Adobe took a bold step into mobile AI last month with the launch of its Firefly smartphone app. Available on iOS and Android, the app combines Adobe’s own AI model with those from OpenAI and Google (GOOGL), bringing powerful, on-the-go creative tools to users’ fingertips. ADOBE HAS NEVER BEEN SO UNDERVALUED AND CHEAP FOR THE PAST DECADE . ISN'T IT TIME TO SCOOP UP SOME BARGAINS AS WARREN BUFFETT SAID "Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble." $Adobe(ADBE)$ $TENCENT(00700)$ $NVIDIA(NVDA)$ $Taiwan Semiconductor Manufacturing(TSM)$ $Netflix(NFLX)$
ADOBE- THE UNDERVALUED GEM. BULLISH TARGET PRICE $660

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