{
  "id": 19124833,
  "title": "Citi Downgraded Adobe Stock to Sell. I'd Buy It Now.",
  "url": "https://urgent.news/2026/11/09/citi-downgraded-adobe-stock-to-sell-id-buy-it-now",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T08:37:02.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/09/citi-downgraded-adobe-stock-to-sell-i-d-buy-it-now/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Citi has downgraded Adobe's stock to Sell, cutting its price target to $207 from $250. Citigroup analyst Tyler Radke sees downside risk to Adobe's growth estimates for fiscal 2027. Shares have actually gained about 1% since the downgrade, as the stock was already struggling in 2026. Adobe's growth has been impacted by competition from artificial intelligence and small businesses, as well as changes in the creative business under new CEO Anil Chakravarthy. While Adobe's numbers show some slowing, the company continues to buy back its stock, which has helped adjusted earnings per share grow 15% in the third quarter. Adobe's revenue goal for fiscal 2026 is around $26.6 billion, up about 12% from the previous year. The stock currently trades at about 10 times earnings, compared to the S&P 500's valuation of nearly 19 times expected earnings. Despite potential risks from AI tools, Adobe's revenue is still growing by double digits and its AI products are growing at a rapid pace. The author believes Adobe's stock is already priced in for disappointment and that the market is being too gloomy, and suggests buying the stock now.",
  "summary": "Citi expects problems for the software giant's growth next year. Is this already priced in?",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Citi Downgraded Adobe Stock to Sell. I'd Buy It Now.",
        "url": "https://urgent.news/2026/11/09/citi-downgraded-adobe-stock-to-sell-id-buy-it-now-19125917",
        "published": "2026-11-09T08:57:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}