ADBE changes
Pick any two versions below to diff them.
- Price
- $251.67 → $255.06(+1.3%)
- Discount
- 14% to 37% → 13% to 36%(−1.0 pts)
- Recent events
- 2026-10-12: Wells Fargo cut its rating on Adobe to Underweight. It cited a survey of 100 chief information officers in which companies plan to move part of their IT budgets to AI, slower organic growth, weaker pricing power and risk from the management changes. HSBC cut its rating to Hold in the same week. The stock fell about 4% on October 12. 2026-09-10: Adobe reported record Q3 FY2026 results. Revenue grew 13% to $6.76 billion. GAAP EPS was $4.62 and non-GAAP EPS was $6.13. Total ARR was $27.50 billion, AI-first ARR grew more than 150%, and users passed 1 billion a month. Adobe raised its FY2026 targets to revenue of $26.576 billion to $26.626 billion and non-GAAP EPS of $24.45 to $24.50. 2026-09-03: Adobe announced that Anil Chakravarthy, the head of its Customer Experience Orchestration business, becomes President and CEO on December 1, 2026. Shantanu Narayen will then retire as CEO and become Executive Chair. David Wadhwani, President of the Creativity & Productivity business, stepped down on September 27, 2026. 2026-06-24: Adobe agreed to buy Topaz Labs, a private company with AI models that improve video and images, for about $340 million, mostly in cash. Adobe expects the deal to close in Q4 FY2026. 2026-06-11: Adobe reported Q2 FY2026 results. Revenue grew 13% to $6.62 billion, and total ARR was $27.10 billion, including about $480 million from Semrush. GAAP results included a $70 million goodwill impairment for the Publishing & Advertising unit. CFO Dan Durn resigned, effective June 15, 2026, and Steve Day became interim CFO. 2026-04-28: Adobe completed its purchase of Semrush Holdings, a brand visibility platform, for $1.87 billion, mostly in cash. 2026-04-21: Adobe's board approved a new share repurchase program of up to $25 billion, which runs through April 30, 2030.