I added $ADBE to my portfolio today.

Honestly, I can’t found any problem of their earning report. For this P/E , and this price. Feel like easy money?

At 205

Revenue: $6.62B, beat expectations of about $6.45B.
Adjusted EPS: $5.96, beat expectations around $5.82–$5.83.
Revenue grew about 13% YoY.
Adobe raised full-year guidance to $26.5B–$26.6B revenue and $24.35–$24.45 adjusted EPS.
AI-first recurring revenue tripled and passed $500M.

Bad / concern parts:
CFO Dan Durn is leaving for Marvell.
This comes after CEO Shantanu Narayen also announced a transition.
Investors still worry AI tools from Canva, Figma, startups, etc. could hurt Adobe’s moat.
Stock dropped around 5–6% after hours despite the beat.

After $SPCX goes public, the market may start rotating into the next major private AI names, especially Anthropic and OpenAI.