ADBE

Marcostbo

Puts on ORCL and ADBE

Soundsgoood5

Does nobody like the new ADBE CEO?

theJimmybob

Implied moves for earnings next week - up or down idiots $ADBE: 8.17% $ORCL: 11.78% $GME: 10.31% $M: 8.2% $AEO: 15.7% $AVAV: 12.93% $RH: 12.74% $SIG: 11.02% $CHWY: 10.65% $ASO: 8.5% $LAES: 8.26% $ODD: 21.96%

grantresolve

ADBE announced an Indian CEO today

rpadman_555

FICO, ADBE, ETSY. I keep holding in the event they bounce back like UNH and MRNA (glad I didn’t sell those at a loss)

grandfatherdog

ADBE finally picked a CEO, it may actually go up on earnings

parkeyb

Lulu, ADBE, Snap We’re talking moonshots, right?

grandfatherdog

So I guess software is over. ADSK and ADBE getting milked dry

drazayn99

ADBE dumping leading into earnings next week? Calls.

Own-Recipe5908

ADBE finally gets a CEO after not having one for a long time. Sells off 7% lol.

CMDR_Shepard96

Of course I bought ADBE, CRM, and INTU at the top. Fuck sake

Realistic_Record9527

Why ADBE is down so much with excellent news (new ceo)? Manipulation? All in to buy is free money 💰

drazayn99

So for next week, keeping the theme going - it is ADBE calls before earnings, and ORCL puts?

smokeyjoe0612

What’s wrong with ADBE new ceo why is the stock down

KingCrow27

ADBE

Sublime52788

I was wondering the same thing. I was thinking that maybe he doesn’t get out much and see how much more competition LULU has and at much cheaper price points. Or maybe he does, but only in the small, wealthy enclave in California he >!lives!< in and sees a lot of LULU and thinks it must still be popular. Then I also wonder why would he want to be so exposed and willing to die on a hill for a sector that is most affected by the imminent economic collapse he’s always talking about🤔 I used to take the guys word as gospel, primarily because of The Big Short, and thought he was a genius. But over the last few years I’ve actually learned how to value companies myself, and have done pretty well investing. And I’ve followed Michael’s picks along the way (EL, PYPL, ADBE, LULU, FISV, etc) and just never understood or saw the value in any of them fundamentally. I’ve come to believe that Burry is just a trader who heavily relies on a “reversion to the mean” strategy. He sees these once great companies dropping like a knife and just thinks that it must bounce at some point, and that’s when he exits. And now with his Substack he has a captive audience to help do that. But for pretty every stock besides for ADBE, it hasn’t worked out well at all.

ConstantBuyer4377

Interesting observation. ADBE is definitely seen as an AI loser but perhaps productizing the content generation in a corporate palatable way has durable value.

Bob_the_peasant

I don’t get why people are so hard on ADBE stock. People use photoshop all the time still.

bunkbedss

This is way worse than it looks if you don’t know the actual trading prices lol NVO \~$47/share NKE \~$38/share I was shitting my pants on $40 calls a few weeks ago 💀 ADBE \~$287/share TWO HUNDRED EIGHTY SEVEN 😭 NFLX \~$84/share ??????? ORCL \~$153/share CONSISTENTLY REGARDED WTFF RDDT \~$157/share you sold ONE put? I’d love a reverse index on this portfolio tbh

klippklar

It's so funny to me how both NOW and ADBE both went down about 10% the two days before AVGO earnings. Well how did that play out?

ole_lickadick

ADBE and TTWO looking primed to pump today in pre lfg

Weak-Pomegranate-435

Yeah, I bought a lot of SAAS stock in June and July because they were cheap compared to semiconductors. And now they all have ran so much so they have given me some between 50% to 200% returns each. and now most of them are above fair value but only some of them are at their fair value, such as MSFT, CRM, WDAY, ADBE, INTU. Already sold out of PATH, TEAM, NOW, SAP, ZETA, ESTC, ADBE and INTU bcz of their overvaluation or sustainability issues. And only holding onto MSFT, CRM and WDAY. Simply because they are still slightly below their fair value. But none of those stocks even come close to where semiconductors such as AVGO are trading, AVGO is trading at half the value of the cheapest SAAS stock right now. So no SAAS is definitely not the answer. The closest competitor would be the industrials. But I don’t think even that beats the semiconductor valuations right now.

WorkingCorrect1062

ADBE $440 call lmao

GrossFleshSack

I was holding LEAPS for ADBE when it was at $221. I saw the software rotation starting. Of course my ADHD high dopamine riddled brain sold it the next day and tried to play short term swings on 0-1dtes instead. But I saw it. And that only makes it worse. I knew what I was doing, I knew the risk, and here i am.

DrQuantillion

ADBE at 16x is either the easiest value trade of the year or the cleanest value trap on the board lol

Yogurt_Up_My_Nose

I had ADBE leaps once which is a fairly solid company, unfortunately it took them way too long to recover from a dump

Gristle__McThornbody

Alright ADBE you piece of shit I need you to do a SNow and MRNA combined for earnings.

Master-Discussion-54

ADBE

GrumpyScroogy

ADBE

Commercial_Seat_3704

META has a worse 1y return than fucking ADBE lmao

TheDueDiligent

“Lowest valuation in years” matters if growth holds up. $ADBE is targeting 10.2% FY2026 ending ARR growth, below the Q2 pace, so deceleration is the check here (ADBE 8-K exhibit, 2026-06-11). Plausible but not the freebie the headline sells.

Meetball3000

Equities are in theory priced to match the value of the underlying asset (market cap). That being said there are cases of when price detaches from “fair value” (Tesla). The price to earnings ratio of a company alone is not enough to generate any actual edge like if you were to long equities with P/E > 10 and short P/E < 30 all your returns would be is delta neutral noise. However, the market cap of a company relative to financials like revenue when you look at the business and retail sentiment CAN be used to paint a picture. When you see a company with strong cash flow beating previous quarter earnings consistently and the valuation is going down clearly there is a deviation there that is likely to correct itself. I bought ADBE at \~$230 a share prior to earnings when I noticed this split in fair value and share price then doubled down and bought in more after it dropped at \~$200 and I’m planning to stay long until it plateaus out around a fair valuation of 320 or so. Value investing is one of the oldest forms of investing and there definitely is edge if you look at the P/E ratio alongside other factors

RetrieverDoggo

I used to trade ADBE a decent amount in the past (for swing) but today not interested at all. AI is a serious threat to photoshop and premiere. And their firefly last I checked was no good. Writing is on the wall and people see it. With that said there could be several bounces but not worth the risk for me personally.

SpiderWil

1. CRWD — Stock: $228.15 • CSP: $227.50 put — $5.95 bid ($595/contract) • Covered call: $230 call — $5.65 bid ($565/contract) • IV: ~67–68% • Delta: put −0.469 / call +0.471 2. MRVL — Stock: $211.21 • CSP: $210 put — $5.05 bid ($505/contract) • Covered call: $212.50 call — $5.25 bid ($525/contract) • IV: ~65–66% • Delta: put −0.449 / call +0.484 3. ADBE — Stock: $292.72 • CSP: $292.50 put — $5.15 bid ($515/contract) • Covered call: $295 call — $4.35 bid ($435/contract) • IV: ~46% • Delta: put −0.492 / call +0.439

Alwaysfavoriteasian

NOW and ADBE🤌

Young-faithful

Market always overreacts hard. Early 2025: OH NoES TaRIFfs! Late 2025: TaRIFfs NoT a pRoBlem Early 2026: OH NoEs SoFTwARe deD Late 2026: SoFTwARe GRreatt, seMIs DEd Like IGV had no right to drop as hard as it did and I was really in disbelief with ADBE under $200 but just like that in 2 months the whole “AI eats software” stance is pretty much undone? Not even room for error? Also I truly don’t understand why software and AI names have to be an inverse pair trade! It’s almost like companies within these indices are different and have fundamentally different stories. Radical ideas, I know!

RZDirInvest

I didn’t believe that. Held PLTR, CRM and Cybersecurity stocks. And also added some MSFT, NOW, ADBE, DUOL, PATH, TTD when they were down big, but trimmed SNOW, TWLO and sold out U and DDOG because they went up too much.

Sufficient-Flan1565

Looks like CRM in 150s and ADBE in 190s indeed were generational buying opportunities

LowKey-Revolution36

Good investment, a Cayman billionaire called Kenneth Dart has bough 30% ownership of Flutter 18% shares + 11% TRS cash settled swaps and he also bought 5,8% of Draftkings a few weeks back, he also owns 30% of Evolution AB the largest B2B casino provider. I don't know if he is just pure speculation or has information but I guess no one knows what a supreme court would rule but these people usually don't loose... If we just look at any country apart from the US, prediction markets either exist under gambling laws and regulations like the UK or outright banned like Brazil and Spain etc. Anyway in general isn't gambling in nature means predicting an outcome? Probably Dart bet is on regulation of predictions and more states legalizing igaming/sportbooks in the US. All countries need tax money especially the US states and gambling with tobacco is the easy tax money. Prediction markets show states that the population gambling appetite is high. These are multi year slow burn play though don't expect a 50-100% bounce back within 6 months. Gambling companies acquired and mainly trade on ev/ebitda not p/s current Flutter Ntm ev/ ebitda is 9,8x I think for multiple countries market leader in any segment which has got big opportunities in Brazil and NA for growth is cheap. Heavily regulated sector so risk is a little higher and different than MSFT or ADBE CRM AMD etc.

Own-Recipe5908

Unironically, anthropic isn't in image gen, ADBE is, that would probably be a part of any partnership if it happens.

Own-Recipe5908

If ADBE has a surprise anthropic partnership too, it could also do the +20% earnings thing on the 10th.

BaronDavis12

Especially $ADBE!

falling_knives

ADBE doing fine.

CosmosMasterMan

Big money is starting to move into next-gen industrial small-mid caps, ELMT, MP, CRML, IPX are climbing again. Also holy fuck ADBE was a great buy last month.

iYoloNDX0DTEs

It’s fucking over. Value investing won. INTU up $100+ ADBE up $80

prana_fish

There are clear basket trades if you look at heat maps and compare tickers intraday. Look at $AAPL and software like $MSFT / $ADBE when semis are red dicked down.

verified-trader

**BanBet Won** — /u/PureSpecialistROTMG (1W - 1L, 50%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **ADBE** ▲ | $264.87 → $278.11 | +5.0% | 2w 2d | Won |

sitbar

were you also skepticle of NOW and ADBE at those prices?

sitbar

I promise, $APP, applovin is generational buynig opportunity. Same way NOW was at below 100, ADBE below 200.

CanYouPleaseChill

The company is facing more competition. Once a former compounder stock loses momentum and the story changes, multiples can go a lot lower than you think. Just look at what happened to NVO and ADBE for recent examples.

ManySnailsx

Complete dead zone for ADBE at this price range. Zero volume. Wonder who breaks first.

Lower_Common6640

Good time to short then long. r/ValueInvesting recent daily posts tells us that we have six months for exuberance to run out or may end up like ADBE, NIKE, NVO.

Atiaxra

ADBE calls?

Gristle__McThornbody

I need ADBE to cure cancer right about now.

Gristle__McThornbody

I need ADBE to cure cancer right about now.

klippklar

Hell yeah, my NOW and ADBE calls are ripping again. The SaaS rotation is real.

Own-Recipe5908

ADBE to the moon.

Acceptable_Bed_6033

Think I’ll short ADBE

TheNplus1

You spelled ADBE wrong

SerialStrategist

Of all things to be deep in the green on a day like today it's ADBE

MyMomSaysImBeautiful

should ha bought ADBE at $200. Never thought would be a perfect hedge for this dumpy market

TheNplus1

AAPL, ACN, ADBE, CRM - let’s go dorks !

NerdSlamPo

INTU, ADBE, and CRM all look very solid and on an upward trend

NerdSlamPo

that ADBE and NOW are down 5% on absolutely no news besides the MMs rotating to memory is crazy

AnyBug1039

I'm thinking more ADBE OR if you want to bet on a really terrible company that still see a stunning reversal then MSTR

ja-wick007

ADBE 265p printed. God bless. Have a great weekend

A_Long_Knight

There are a lot of big 100b+ companies that are down quite a bit this year (NFLX, ACN, CRM, NKE, ADBE, UBER, to name a few) and I think what you're seeing is a lot of people are seeing $SPY at ATHs (because of big tech) and thinking: "well when my CRM stock comes back $SPY is going to go have to go even higher"... They aren't really thinking about the idea that CRM is actually going to lose value in the long-run, they're just thinking "what goes down must come up". It's basically just a common misunderstanding of market dynamics. They think something like ACN which has historically been one of the largest companies, is surely going to recover and they ignore the fact that the world is actually changing and knowledge-based consulting is now a lower value because answers that executives historically would hire Accenture to solve can now sometimes be solved by ChatGPT. They don't need a team of 5 management consultants to come up with a "go-to-market" strategy when now an intern with ChatGPT can develop that strategy in a week.... same idea applies to a lot of these historically huge companies.

Beginning_Juice_4296

FIG finna chew ADBE up

Schwimmbo

I thought ADBE had named a new CEO lol.

DrWorstCaseScenario

STC 2x ADBE 9/11 260c @22.5; 15.05 -> 22.5; 50% profit in one day on a long dated call ain’t bad at all. 🥳

DrWorstCaseScenario

STC 2x ADBE 9/11 260c @22.5; 15.05 -> 22.5; 50% profit in one day on a long dated call ain’t bad at all. 🥳

The_misteak

Look at my boy ADBE fly

TheNplus1

Keep that bullish flag waving to EoD ADBE, you beautiful bastard! SaaS-pocalypse cancelled

Helios-Sol

FIG and ADBE went vertical at the same time, what happened?

Throwaway37620

$ADBE $PLTR :rob:

DrWorstCaseScenario

BTO 2x ADBE 9/11 260c @15.05

DrWorstCaseScenario

BTO 2x ADBE 9/11 260c @15.05

Gristle__McThornbody

Need ADBE 600 eom.

falling_knives

I got stopped out of ADBE last week so I'm confident it'll go to at least 500 from here.

RevolutionaryPhoto24

Large corporations and organizations will still use legacy software. Certain ones, anyway. My bets are on NOW and MSFT (with a couple of scattered call LEAPS on CRM, ADBE, and one other I already sold.)

verified-trader

**BanBet Created** ▲ | **Record:** 0W - 1L | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **ADBE** | $278.11 (above) | $264.87 | +5.0% | Aug 29, 5:57 AM |

PureSpecialistROTMG

!banbet ADBE +5% 3w

longGERN

Long ADBE?

Wolf-of-Wallstreet89

ADBE has so much upaide

yellowishgoblin

After Hours Fig -16%, App -16% dragging down NOW -3%, ADBE -2%, CRM -5%

Kantmzk

It's going to me a Brown Boy Summer. $MSFT $MU $ADBE $GOOGL Enough of White Man dominated companies with baby-tier gains, bring in the geniuses of India.

prana_fish

I fucking hate $ADBE. Options spreads a mile wide in the morning and barely tighten up as the day progresses. I get this piece of shit is an inverse play to semis, but fucking go down already with some momentum.

Kantmzk

Brown Boy Summer. $MSFT $MU $ADBE $GOOGL Brown Boy Summer. $MSFT $MU $ADBE $GOOGL

Kantmzk

It is somewhat unfair. If I were a person with a lot of capital and a loud voice, it would definitely help my positions once became were to become aware of them. That being said, my call for this summer is Brown Boy Summer. $MSFT $MU $ADBE $GOOGL

Kantmzk

Even though AMD is a pound the table buy, it is brown boy summer and Lisa Su was not invited. $MSFT $MU $GOOGL $ADBE

Venice_LA

Im long LULU, ADBE, DKNG. Shorting NVDA pls subscribe to my $ newsletter for more great advice -MB

Kantmzk

MSFT, MU, GOOGL, maybe that means ADBE next.

Sufficient-Flan1565

Up 9.8% ytd. VT and chill now. Lost money in shitty companies in the year beginning uber Nflx ADBE now

ScienceFreak11

is it just me or does ADBE feel undervalued to you too?

thenuttyhazlenut

|Ticker|Allocation| |:-|:-| |KSPI|22.75%| |ADBE|12.25%| |ACGL|10.50%| |DR (TSX)|10.50%| |CWL (TSX)|8.75%| |QFIN|8.75%| |PBR|8.00%| |TME|6.25%| |FMCC |5.00%| |SGOV|3.25%| |MELI|2.25%| |QQQ Put|1.75%|

CMDR_Shepard96

Nothing but dump since open. Thanks ADBE & the rest of you SaaS bags

Basement_Lover

ADBE continues ber massacre???

AdonisCastrati

What do you think about Adbe? I got into GOOG when it was at $150 caused it looked undervalued and got into UNH when it was at $280 cause I thought market overreacted. Now I've been thinking the market could be trashing on ADBE a little too much.

Mother-Style6479

The true spirit of WSB. I already had my Omega watch and lost it thanks and due to GME. Had a woman too, imagine that? If you ain't long on $ADBE and going half port on $RDDT at tommow's open, well then you bloody well fucking likely hate money and your kid's education. This IS financial advice on your gambling account. I already got sell order placed since yesterday on all my european stocks to go half port on $RDDT again. Already sold at $200 recently. Could go as low as $125, but ain't waiting that long because I am greedy on the certain monies. Could buy a second Omega and get a third lady with that. In a weird future could keep most of that.

Mrsir300

When did he start his software short because SAAS is beat to fucking shit - it only just started recovering a bit the past month or so. If he started a little while back he’d still be deep green on some of those shorts like MSFT, SNOW, ADBE, CRM. All still down overall from highs