Adobe Stock is Down 30% - is it a Buy Before Earnings?

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Hello everyone, I am Daniel Pronk and in today's video I discuss Adobe stock (ADBE) before its earnings next week. In this video I share my thoughts on ADBE's price today, if I think the stock is looking attractive, and its outlook for next earnings.

#ADBE

Disclaimer: Before we dive into this discussion, I want to make it clear that I am not a financial advisor, and nothing I say is intended to be a recommendation to buy or sell any financial instrument. All trading and investing activities must comply with the regulations set forth by the Securities and Exchange Commission (SEC). I will never ask you to send me money to trade for you, and if you come across any suspicious emails or fake social media profiles claiming to be me, please report them immediately. Additionally, it's important to remember that there are no guarantees or certainties in trading or investing, and you should never invest money that you can't afford to lose. While my videos may contain affiliate links or sponsorship to products I believe will add value to your life, it's crucial to conduct your own research before making any financial decisions.

[GillerHeston]

Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even with new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.

[brianwhitehawker]

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategies. I would greatly appreciate any suggestions.

[jemjem]

Yes I would like to see ADBE earning analysis next week after earnings

[jaycoffsky]

Yes please report with your metrics after they report. One of my managers has bought Adbe so I already have a position about 5% higher. Thanks

[evadeanu]

Thanks for the video. Please continue to update us after the earnings.

[MrKenny]

I bought Adobe some time after you did a video on it. I kind of forgot that I have it and didn't sell when it got unreasonably high. I still have about 30% gain on it. I'm probably looking to sell it after taking closer look at them as a company. The AI boom eroded their moat quite a bit with a bunch of generative and editing tools. They were very late to that party. And the way they joined it, might cost them customers in my opinion. If I understood it properly, to use the current version of their software at all, you have to give their generative cloud access to your files on your PC. Letting somebody else's cloud AI comb through files on your storage is a huge no no to me. And probably to most people. I will wait after earnings to sell them. Because I think the earnings will seems like turnaround back to nice growth, due to that 1B fee from previous quarter not being there anymore. But I'm really not sure about them long term.

[Ants_of_the_sky]

DCA ADBE at 442 and I do believe this company will benefit from AI cause the AI tools they offer are all non copywrited material, which is very important for creators, business, and designers. They have such an amazing balance sheet and not just that, they are a free cash flow business that generate 50% higher FCF than net income, which is absurd and the fact they grow revenue on double digits. This is a premium business imo.

[robertpearce]

I love that CAGR calculator you're using - Looks super useful!

[mexio]

Thanks for the video. It would be great if you make a video after the report. Thanks again!

[AnyangU]

Good video! I think you are presenting an argument that is not always heard, which is not that this stock is bad but that there are better opportunities out there. Trying to figure out what is the best stocks to invest in over all is an exercise few (IMHO) actually do. This is a much tougher question than does this stock's fundamentals look ok or not.

[cityjoy]

nice analyst but market surprised us... it went up 16 % up since this video.. crazy..

[StereoMyth]

Im a new trader and the amount of stuff this video thought me is amazing, thank you so much

[NgeeKey]

Thanks for sharing. I just read the news that Adobe users revolt over updated terms of use. It says that Adobe has the right to "Access your content through both automated and manual methods." I hope this is not something we want to see as Adobe shareholders.

[jin]

[Random comment with vague general talk about investing principles unrelated to the video, ending with an oddly specific but somewhat substantial sum of money that I have currently invested.]

[WonryArn]

Not a shill, but that Times Square announcement was hard to ignore. Cyberopolis will be big!

[EarthwithTom]

Thanks for the video. Can you cover FICO please

[williamshakespeare]

The creative community hates the new AI update and are turning to alternatives. I can only see this tanking tbh.

[CreatorDeAwesome]

Adobe is down because they change their contract to require rights to all content created using their products. If they don’t walk this back, I could see a lot of people abandoning their subscriptions.

[unboxing]

Dude, do something about the scam comments for the sake of your subs

Also, no, you never buy before earnings

[NathanXSavage]

Would love a video on Paycom PAYC stock.