ADBE面临较高的AI颠覆风险，但拥有暂时的定价权；目前市盈率为10倍，自由现金流收益率为10%；需要展现有机增长才能改变市场看法。
逐段跳播
我将讨论一些对此的预期，以及同样将在本周晚些时候公布财报的Adobe。
I'll be going over some expectations for this as well as Adobe that will also be reporting earnings later this week.
本周另一家公布财报的公司是Adobe。Adobe无疑会发布出色的数据，但他们需要以某种方式表明AI并未颠覆其业务。他们需要为此建立更强的防御。目前，Adobe被视为一家拥有暂时定价权且被AI颠覆可能性很高的公司。
其交易于10倍远期市盈率，10%的自由现金流收益率。从数字上看，它是市场上最便宜的高质量公司之一，仅仅因为AI颠覆的主题。因此，Adobe管理层需要通过展示产品和席位的有机数量增长，努力说服投资者AI并未颠覆其业务。
这是一个难以讲述的故事，市场已经直接转向了对他们不利的方向。
Another company reporting earnings this week is Adobe. Adobe will undoubtedly post great numbers, but they need to show some way that AI is not disrupting the business. They need to create a stronger defense for that. Right now, Adobee's looked at as a company that has temporary pricing power and a high probability of being disrupted by AI. It trades at a 10 forward PE ratio, a 10% free cash flow yield. It is by the numbers one of the cheapest high-quality companies in the market simply because of the theme of AI disruption. So Adobe management needs to work on convincing investors that AI is not disrupting the business by showing organic volume growth of products and seats. It's a hard story to tell and the market has pivoted directly against them.
他说在等什么
这个频道对 $ADBE 的历次判断
Joseph Carlson 在这只股票上共 2 条判断，这里只列相邻的几条。