Software company Adobe expects to see a revenue increase of $25.90 billion to $26.10 billion in 2026. The company is also predicting double-digit annual recurring revenue growth next year, driven by its expansion into the AI business. This growth is expected to be led by an 2.13% increase in stock price, as investors anticipate a strong future for the technology giant.
Source: https://www.wsj.com/business/earnings/adobe-expects-double-digit-recurring-revenue-growth-next-year-6f2cd174