The analyst expects Adobe to acquire new users and capture higher pricing through generative AI offerings. Bachman upgraded Adobe stock to Buy from Hold on June 21, and increased the price target to $570 from $500. Photoshop Single License Annual plan, monthly payments 20.99/month (which adds up to 251.88 per year) Prepaid annual plan 239.88/yr (which costs 19.99. Rangan, in a note to investors dated June 15, said that the company is focusing on driving adoption of its new AI offerings through a freemium version and will benefit from “price increases to its broader platform suite longer-term.” The analyst believes that its generative AI platform opens up +$4 billion in TAM (total addressable market) for the company, led by increased user spend, a higher retention rate, and monetization strategies.īesides for Rangan, BMO Capital analyst Keith Bachman also remains upbeat about Adobe’s positioning in the AI space. Validating the company’s view, Goldman Sachs analyst Kash Rangan believes that the availability and monetization of Adobe’s generative AI products in the second half of 2023 could drive user growth and lift its average revenue per user. Im Spanish native and English fluent, Im 26 years old, Im really good with any computer device and accessories I have more than 20 years of experience in this area repairing and giving support and Im proficient using Microsoft Office Suite, Google Drive Suite, Adobe Creative and other famous programs. Resources More information and FAQs can be. Further, the company added that its generative AI offerings bring multiple new monetization opportunities. The Adobe suite comes with Photoshop, Lightroom, Illustrator, InDesign, Adobe XD. Students and teachers receive a discounted rate of 19.99/mo for the first year (239.88/yr, billed either monthly or upfront), with renewals increasing to 29.99/mo after one year. Adobe CS5 and CS5.5 Price Sheet ProDesignTools Creative Suite 5.5 Pricing for Commercial and Education UPDATE See the new Price Sheet for Adobe CS6. Software covered under the Adobe site license is installed for free. Analysts See Adobe as a Beneficiary of AIĭuring the Q2 conference call, Adobe said it released an all-new Adobe Express with Firefly's generative AI capabilities. There is no cost associated with the Adobe site license service.
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