Better Creative Tools Stock: Figma vs. Adobe
Just a few years ago, creative software giant (NASDAQ: ADBE) tried to buy smaller rival Figma (NYSE: FIG). The $20 billion deal fell apart due to antitrust concerns; Adobe sent a $1 billion check to cover the breakup fee; and the two companies carried on as separate businesses.
That drama played out two years ago. Since then, Figma has gone public, giving investors an opportunity to bet on the younger competitor. But is it a better investment than sector king Adobe?
Let's take a look.
Source Fool.com
Adobe Inc. Stock
€247.50
-0.520%
The stock is one of the favorites of our community with 66 Buy predictions and 4 Sell predictions.
With a target price of 423 € there is a hugely positive potential of 70.91% for Adobe Inc. compared to the current price of 247.5 €.
