Adobe Stock Rating and Price Target Downgrade by Piper Sandler

Latest News

02-04 17:42

Piper Sandler下调Adobe目标价至330美元

02-04 15:04

Piper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns

02-04 14:45

Piper Sandler批量调降Adobe(ADBE.US)等十余家软件股目标价，预警AI引发“结构性看空”

User Discussion

MaxGain

10:39

ADOBE is still tanking and the market has spoken. It will die a slow death and go bankrupt with AI destroying it.it also lacks the size and scale like Microsoft, Google or Meta to survive the onslaught. So better stop your intentions to buy CHEAP or SELL OUT before it's too late. Won't be surprised if it goes to zero, Chapter 11 / Liquidation.

Piper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns

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It will die a slow death and go bankrupt with AI destroying it.it also lacks the size and scale like Microsoft, Google or Meta to survive the onslaught. So better stop your intentions to buy CHEAP or SELL OUT before it's too late. Won't be surprised if it goes to zero, Chapter 11 / Liquidation.","listText":"ADOBE is still tanking and the market has spoken. It will die a slow death and go bankrupt with AI destroying it.it also lacks the size and scale like Microsoft, Google or Meta to survive the onslaught. So better stop your intentions to buy CHEAP or SELL OUT before it's too late. Won't be surprised if it goes to zero, Chapter 11 / Liquidation.","text":"ADOBE is still tanking and the market has spoken. It will die a slow death and go bankrupt with AI destroying it.it also lacks the size and scale like Microsoft, Google or Meta to survive the onslaught. So better stop your intentions to buy CHEAP or SELL OUT before it's too late. Won't be surprised if it goes to zero, Chapter 11 / Liquidation.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/529711289143480","repostId":"1150547147","repostType":2,"repost":{"id":"1150547147","kind":"news","weMediaInfo":{"introduction":"Global Stock News First-Time Broadcast","home_visible":1,"media_name":"Stock News","id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"pubTimestamp":1770188663,"share":"https://ttm.financial/m/news/1150547147?lang=en_US&edition=fundamental","pubTime":"2026-02-04 15:04","market":"other","language":"en","title":"Piper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1150547147","media":"Stock News","summary":"Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains...","content":"<p>Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains persistently weak. The firm's analysts wrote in a note to clients, \"The bearish thesis can be simplified to two points: first, efficiency gains from AI will suppress or reduce the growth in corporate headcount, creating a headwind for software companies that charge on a per-seat basis; second, the emergence of 'natural language programming' capabilities from leading large language model providers means customers will be able to create applications themselves, rather than purchasing from existing software vendors.\" The analysts added, \"We anticipate 2026 will mark the fifth consecutive year of slowing growth for the software industry. Slowing growth coupled with long-term disintermediation concerns have already driven valuation downgrades for companies within our coverage list.\"</p>\n<p>Piper Sandler downgraded Adobe (ADBE.US), Freshworks (FRSH.US), and Vertex (VERX.US) from \"Overweight\" to \"Neutral,\" and significantly slashed their price targets from $479, $20, and $32 to $330, $12, and $20, respectively. The institution also lowered the price targets for Amplitude (AMPL.US), Asana (ASAN.US), BlackLine (BL.US), Braze (BRZE.US), Figma (FIG.US), HubSpot (HUBS.US), Salesforce (CRM.US), Oracle (ORCL.US), Klaviyo (KVYO.US), monday.com (MNDY.US), ServiceTitan (TTAN.US), and ZoomInfo (GTM.US).</p>\n<p>Despite the ongoing pessimism surrounding the software sector, the analysts added that they remain optimistic about Microsoft and ServiceTitan, naming them as their two top picks for 2026, even as the technology industry remains in the \"early stages of the AI product adoption curve.\" \"We believe Microsoft is perhaps the best pure-play in the AI application space currently,\" the analysts wrote. \"Our survey of CIOs in the second half of 2025 indicates that respondents are becoming more positive regarding Azure and Copilot activity. We recommend buying on any pullback following Microsoft's Q2 FY2026 earnings report.\" The analysts further noted, \"For ServiceTitan, numerous growth drivers (such as the Max/Pro product, commercial business, roofing projects, expansion into new verticals) give us confidence that its FY2027 revenue has the potential to exceed expectations.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Piper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPiper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-04 15:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains persistently weak. The firm's analysts wrote in a note to clients, \"The bearish thesis can be simplified to two points: first, efficiency gains from AI will suppress or reduce the growth in corporate headcount, creating a headwind for software companies that charge on a per-seat basis; second, the emergence of 'natural language programming' capabilities from leading large language model providers means customers will be able to create applications themselves, rather than purchasing from existing software vendors.\" The analysts added, \"We anticipate 2026 will mark the fifth consecutive year of slowing growth for the software industry. Slowing growth coupled with long-term disintermediation concerns have already driven valuation downgrades for companies within our coverage list.\"</p>\n<p>Piper Sandler downgraded Adobe (ADBE.US), Freshworks (FRSH.US), and Vertex (VERX.US) from \"Overweight\" to \"Neutral,\" and significantly slashed their price targets from $479, $20, and $32 to $330, $12, and $20, respectively. The institution also lowered the price targets for Amplitude (AMPL.US), Asana (ASAN.US), BlackLine (BL.US), Braze (BRZE.US), Figma (FIG.US), HubSpot (HUBS.US), Salesforce (CRM.US), Oracle (ORCL.US), Klaviyo (KVYO.US), monday.com (MNDY.US), ServiceTitan (TTAN.US), and ZoomInfo (GTM.US).</p>\n<p>Despite the ongoing pessimism surrounding the software sector, the analysts added that they remain optimistic about Microsoft and ServiceTitan, naming them as their two top picks for 2026, even as the technology industry remains in the \"early stages of the AI product adoption curve.\" \"We believe Microsoft is perhaps the best pure-play in the AI application space currently,\" the analysts wrote. \"Our survey of CIOs in the second half of 2025 indicates that respondents are becoming more positive regarding Azure and Copilot activity. We recommend buying on any pullback following Microsoft's Q2 FY2026 earnings report.\" The analysts further noted, \"For ServiceTitan, numerous growth drivers (such as the Max/Pro product, commercial business, roofing projects, expansion into new verticals) give us confidence that its FY2027 revenue has the potential to exceed expectations.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","VGT":"信息技术ETF-Vanguard","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU2317271919.USD":"BGF FUTURE CONSUMER \"A2\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","BK4581":"高盛持仓","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","BK4543":"AI","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4592":"伊斯兰概念","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU1803068979.SGD":"FTIF - 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The firm's analysts wrote in a note to clients, \"The bearish thesis can be simplified to two points: first, efficiency gains from AI will suppress or reduce the growth in corporate headcount, creating a headwind for software companies that charge on a per-seat basis; second, the emergence of 'natural language programming' capabilities from leading large language model providers means customers will be able to create applications themselves, rather than purchasing from existing software vendors.\" The analysts added, \"We anticipate 2026 will mark the fifth consecutive year of slowing growth for the software industry. Slowing growth coupled with long-term disintermediation concerns have already driven valuation downgrades for companies within our coverage list.\"\nPiper Sandler downgraded Adobe (ADBE.US), Freshworks (FRSH.US), and Vertex (VERX.US) from \"Overweight\" to \"Neutral,\" and significantly slashed their price targets from $479, $20, and $32 to $330, $12, and $20, respectively. The institution also lowered the price targets for Amplitude (AMPL.US), Asana (ASAN.US), BlackLine (BL.US), Braze (BRZE.US), Figma (FIG.US), HubSpot (HUBS.US), Salesforce (CRM.US), Oracle (ORCL.US), Klaviyo (KVYO.US), monday.com (MNDY.US), ServiceTitan (TTAN.US), and ZoomInfo (GTM.US).\nDespite the ongoing pessimism surrounding the software sector, the analysts added that they remain optimistic about Microsoft and ServiceTitan, naming them as their two top picks for 2026, even as the technology industry remains in the \"early stages of the AI product adoption curve.\" \"We believe Microsoft is perhaps the best pure-play in the AI application space currently,\" the analysts wrote. \"Our survey of CIOs in the second half of 2025 indicates that respondents are becoming more positive regarding Azure and Copilot activity. We recommend buying on any pullback following Microsoft's Q2 FY2026 earnings report.\" The analysts further noted, \"For ServiceTitan, numerous growth drivers (such as the Max/Pro product, commercial business, roofing projects, expansion into new verticals) give us confidence that its FY2027 revenue has the potential to exceed expectations.\"","news_type":1,"symbols_score_info":{"VGT":1,"ADBE":1}},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}]}