ADBE 🌈🐻: Photoshop just got cloned for free
$ADBE
AI SUMMARY — Open-source Photoshop clone PhotoCraft threatens Adobe's core business model with free alternatives gaining traction (54.7k GitHub stars), compounded by CEO leadership transition in December and historical SaaS disruption patterns. Bull case relies on strong Q4 earnings ($6.76B, +13%) and PhotoCraft remaining early-stage alpha, but bearish risks include market share erosion and multi-product cloning efforts across Illustrator, Premiere, and Acrobat.
| TICKER | ADBE |
USER | u/Pawel_9 |
| RATING |
BEARISH |
ENTRY |
$238.10
|
| POSITION |
41 sh
SYN
|
BOOK VAL |
$9998.32 |
| CURRENT |
$265.90 |
P&L % |
+11.68%
|
| CURR VAL |
$11165.70 |
P&L $ |
+1167.38
|
Meet PhotoCraft: an open-source, $0 Photoshop clone written in Rust. 54.7k GitHub stars, opens and saves real PSDs, same tools and shortcuts. The same team is cloning Illustrator, Premiere, Lightroom and Acrobat too.
https://getartcraft.com/
CEO Shantanu is out, new CEO takes over Dec 1. Leadership change + open-source threat = vibes are bad
Every time "AI kills SaaS seats" trends, ADBE bleeds. This is the same story with a GitHub link attached
The play: ADBE puts, Q4 earnings in December.
Bull case: record quarter ($6.76B, +13%), raised guidance, and PhotoCraft admits it's early alpha, not a pro replacement yet.
Not financial advice.