Adobe Stock Price: Why People Will Keep Subscribing To Adobe Creative Cloud Software Programs
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Adobe Stock Price
Summary:- Creative Cloud Software subscriptions remain the biggest and best growth catalyst for Adobe.
- There are tens of millions of creative professionals who are too dependent on Adobe Photoshop, Illustrator, InDesign, Premiere, After Effects, Dreamweaver, Animate CC.
- Creative Cloud still has less than 12 million recurring subscribers. It could still grow to 20 million. The growing need for content creators means a career in creative/design is very promising.
- Essential industry-standard third-party plugins also keeps requiring the latest versions of Adobe software. This compels people to keep subscribing/updating to the latest Adobe Creative Cloud programs.
- I Know First has positive algorithmic forecasts for ADBE. There’s still probability that Adobe can post a new all-time high before 2017 ends.