Buy ADBE by Sep 12, 2026.

Wanted to create a post discussing every Risk that ADBE faces right now. We all know the valuation looks good, there’s no point discussing that. The investment thesis for Adobe solely rests on how well they can mitigate the risks that they face. Disclaimer: I’m of the opinion that the risk reward ratio looks favorable. 1. Seat compression - Ai makes design so efficient that licenses compress and Adobe loses massive revenue. A lot of people say this is the …