What Everything Money said in this video:
- ADBEbullishlong-termThe host discloses he owns Adobe and is still buying, arguing the market's AI fears are overdone given record revenue, nearly $10 billion in annual free cash flow, and a new $25 billion buyback.Source
- AI Capexneutrallong-termHe acknowledges AI is a genuine threat to per-seat software pricing across the industry — fewer employees means fewer paid seats — but notes Adobe's revenue is still growing around 11% per year despite the fear.Source
- ADBEbullishlong-termHe highlights the buyback lever: a $25 billion repurchase on a $100 billion market cap retires a quarter of the company, and repeated buybacks at depressed prices could lift free cash flow per share from $26 toward $100.Source
- ADBEbullishlong-termHis 10-year valuation model yields intrinsic values of $395 low, $620 middle, and $950 high versus the current $253 price, implying roughly a 23% annual return on middle assumptions.Source