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Adobe Inc.

Adobe Inc.

$ADBE
NASDAQTechnology

57 stories mentioning Adobe Inc.Updated 9d ago

Every FINWIRES story that references Adobe Inc., newest first.

Wire

Market Chatter: Adobe Considers Two Internal Candidates, Explores AI Outsiders for CEO Position

Adobe (ADBE) is eyeing two internal candidates and has also tapped a well-known search firm to find external candidates with experience in artificial intelligence products, as it looks to find a new chief executive, Bloomberg reported Wednesday, citing people with knowledge of the process.David Wadhwani and Anil Chakravarthy, the heads of Adobe's two main businesses, are the company's leading internal candidates for the CEO position, the report said, adding that Adobe has also hired Heidrick & Struggles International to find an AI-friendly executive.Additionally, Adobe had talks with Microsoft (MSFT) executive vice president Charles Lamanna for the role, but the process didn't continue, the media outlet reported, citing another person familiar with the process.Adobe didn't immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $255.88, Change: $-6.23, Percent Change: -2.38%

$ADBE$MSFT
Nvidia Discloses New AI Chip to Power Windows PCs
US Markets

Nvidia Discloses New AI Chip to Power Windows PCs

Nvidia (NVDA) has announced a new artificial intelligence chip to power Microsoft (MSFT) Windows personal computers, called RTX Spark, entering the consumer PC processor market.RTX Spark delivers the full Nvidia AI and graphics technology stack to creators, AI developers and gamers, according to a joint statement on Sunday.RTX Spark will be available this fall from manufacturers including ASUS, Dell (DELL), HP (HPQ), Lenovo, Microsoft Surface and MSI, to be followed by models from Acer and GIGABYTE."The PC is being reinvented," Nvidia Chief Executive Jensen Huang said. "For forty years, you launched apps. Click. Type. With RTX Spark and Microsoft Windows, you ask -- and the PC does the work."These new PCs are designed for the era of personal AI agents, Nvidia said."This marks a key milestone in the rich, full-stack collaboration between Microsoft and Nvidia spanning gaming, AI and cloud -- from DirectX and RTX to Nvidia-accelerated AI workloads on Azure -- driving end-to-end innovation for our shared customers," Pavan Davuluri, executive vice president, Windows + Devices, said in a blogpost on Sunday. "These next-generation Windows PCs represent the next step on that journey."RTX Spark marks Nvidia's formal entry into the consumer PC processor market, Wedbush Securities said in a report on Monday."We believe (Nvidia's) previous work around using (graphics processing units) to enable AI workloads in PCs should benefit (its) push to define the agentic PC," Wedbush analyst Matt Bryson wrote. "But we also wonder how much even a successful implementation might mean for (Nvidia), given the ultimately small size of the PC market (vs. NVDA's accelerator business)."Nvidia's foray into the AI-enhanced consumer PC business could hurt Intel (INTC) in particular, Bryson said.Bryson sees "limited near-term competitive implications" from the Nvidia-Microsoft collaboration.Nvidia said it is collaborating with Adobe (ADBE) to "rearchitect" Adobe Premiere and Photoshop for RTX Spark.Shares of Nvidia were up 5% in Monday trading and Microsoft rose 2.6%. Adobe jumped 5.9%, while Intel fell 3.2%. Dell and HP gained 8.3% each.Price: $221.79, Change: $+10.65, Percent Change: +5.04%

$ADBE$DELL$HPQ$INTC$MSFT$NVDA
Stocks Rise Pre-Bell as Traders Monitor Middle East Developments, Await Fresh Labor Market Data
US Markets

Stocks Rise Pre-Bell as Traders Monitor Middle East Developments, Await Fresh Labor Market Data

The benchmark US stock measures were pointing higher before the opening bell Monday as traders assess the latest developments in the Middle East and await fresh labor market data later in the week.The S&P 500 and the Nasdaq rose 0.2% each in premarket activity, while the Dow Jones Industrial Average added 0.4%. The indexes finished Friday's trading session at new highs.The US and Iran exchanged messages over the weekend on amendments to a draft agreement that would extend their ceasefire and reopen the Strait of Hormuz, Bloomberg News reported Monday. Iran's semi-official Tasnim news agency said Sunday that both sides continued to propose amendments, but could ultimately reject each other's proposals, according to the report.In a social media post on Monday, Trump said that Iran "really wants to make a deal" and that it will be a "good one" for the US and its allies.Israel's Prime Minister Benjamin Netanyahu on Monday ordered the Israeli military to attack targets in Beirut, Lebanon.West Texas Intermediate crude oil gained 3.6% to $90.53 a barrel before the open, while Brent inclined 3.1% to $93.96.Investors will be looking ahead to fresh labor market data later this week, beginning with the Job Openings and Labor Turnover Survey for April on Tuesday, followed by the ADP employment report for May on Wednesday. The Challenger Job Cut report and the government's nonfarm payrolls data, both for last month, are scheduled to be released on Thursday and Friday, respectively.Treasury yields were trending upwards in premarket action, with the two-year rate increasing 2.3 basis points to 4.04% and the 10-year rate rising 1.4 basis points to 4.47%.Monday's economic calendar has the final Purchasing Managers' manufacturing index for May at 9:45 am ET, followed by the Institute for Supply Management's manufacturing index for the same month at 10 am.Shares of Nvidia (NVDA) advanced 2.2% pre-bell after the tech bellwether unveiled a new chip processor for Microsoft (MSFT) Windows laptops. Intel (INTC) dropped 5.1% while Adobe (ADBE) climbed 4.6%.Taylor Morrison Home's (TMHC) stock jumped 22% after the homebuilder agreed to be acquired and taken private by multinational conglomerate Berkshire Hathaway (BRK.A, BRK.B) in an all-cash deal with an equity value of about $6.8 billion.Broadcom (AVGO), Palo Alto Networks (PANW) and CrowdStrike (CRWD) are some of the major companies scheduled to report their latest financial results later this week. Hewlett Packard Enterprise (HPE) will release its earnings after the markets close Monday.Gold fell 1.3% to $4,535 per troy ounce, while bitcoin decreased 1.1% to $72,601.

Dow JonesNasdaq CompositeS&P 500$ADBE$AVGO$BRK.A$BRK.B$CRWD$HPE$INTC$MSFT$NVDA$PANW$TMHC
Wire

Adobe, Alluvium Collaborate on Healthcare Capacity Management

Adobe (ADBE) is collaborating with Alluvium to enhance healthcare capacity management with advanced data-driven insights, Alluvium said Tuesday.Financial details weren't disclosed.Alluvium said the joint offering combines its supply orchestration capabilities with the demand-generation tools of Adobe Experience Platform to help providers better align capacity with patient demand and improve return on investment and market visibility.Price: $242.45, Change: $+3.14, Percent Change: +1.31%

$ADBE
Wire

Adobe Shares Fall After Mizuho Downgrade

Adobe (ADBE) shares were down 1.8% in Monday afternoon trading after Mizuho downgraded the company's stock to neutral from outperform and adjusted its price target to $270 from $315.Trading volume stood at over 3.1 million shares, compared with a daily average of nearly 6.1 million.Price: $240.96, Change: $-4.48, Percent Change: -1.83%

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Research

Mizuho Downgrades Adobe to Neutral From Outperform, Adjusts Price Target to $270 From $315

Adobe (ADBE) has an average rating of overweight and mean price target of $321.05, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$ADBE
Research

Research Alert: CFRA Maintains Hold Rating On Shares Of Adobe Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ADBE held its annual customer experience conference Adobe Summit earlier this week, announcing new innovations for customer experience orchestration. A key highlight of the conference was the unveiling of its first agentic product, Adobe CX Experience, to simplify customer lifecycle management, including acquiring prospective customers and driving conversions. Other highlights of the conference include the launch of Adobe Brand Intelligence and expansion of Adobe GenStudio solutions. The Summit signals ADBE's move into agentic solutions, where it has lagged large enterprise software peers in AI Agent products. Thus, we view the launch of Adobe CX Experience positively as a step toward driving greater AI adoption and monetization. ADBE also announced a $25B stock buyback program that will run through April 2030. For context, ADBE spent $11.7B in FY 25, and while we welcome returning capital to shareholders, we do not expect the buyback program to be particularly impactful.

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Insider Trading

Adobe Insider Sold Shares Worth $331,355, According to a Recent SEC Filing

Daniel Durn, Executive Vice President & CFO, on April 20, 2026, sold 1,336 shares in Adobe (ADBE) for $331,355. Following the Form 4 filing with the SEC, Durn has control over a total of 42,833 common shares of the company, with 42,833 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/796343/000079634326000103/xslF345X05/wk-form4_1776890002.xml

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Wire

Adobe Platform Shift, Agentic AI Tools Support Long-Term ARR Growth, RBC Says

Adobe's (ADBE) key partnerships and new agentic tools highlighted at its Adobe Summit event support its transition toward a broader platform and ecosystem and could drive longer-term annual recurring revenue growth, a key metric for investors, RBC Capital Markets said.Adobe is aiming to move towards becoming a broad platform and ecosystem rather than just providing a set of tools to solve point problems. In the investor session, the company highlighted its roadmap around agentic AI products and partnerships designed to provide a single platform for end-to-end marketing workflow orchestration, the brokerage said.On the partnerships side, RBC said the two most interesting collaborations are the go-to-market partnerships with large advertising agencies and system integrators and agentic partnerships with major AI and technology platforms. Adobe needs to be integrated with the broader omnichannel ecosystem to become an orchestration layer for marketing.The company demonstrating that its Experience Cloud delivers clear return on investment will be key to expanding enterprise and creative customer spending and increasing wallet share, the investment firm said in a Tuesday note.RBC maintained the company's stock rating at outperform and price target at $350.Shares of Adobe were up 3.3% in Wednesday trading.Price: $255.41, Change: $+8.23, Percent Change: +3.33%

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Asia Markets

US Equity Futures Rise Pre-Bell After Trump Extends US-Iran Ceasefire

US equity futures were rising pre-bell Wednesday after President Donald Trump extended the ceasefire with Iran while maintaining the US blockade of Iranian ports.Dow Jones Industrial Average futures were 0.7% higher, S&P 500 futures were up 0.6%, and Nasdaq futures were 0.9% higher.Trump said that Iran's government is "seriously fractured" and that he is extending the ceasefire "until such time as their leaders and representatives can come up with a unified proposal," according to his post on Truth Social.Amir-Saeid Iravani, Iran's permanent representative to the UN, said that Iran is ready to restart peace talks once the US lifts its naval blockade, Iranian state news outlet Tasnim reported early Wednesday, citing media outlet Rudaw.Traders digested the latest round of earnings, with Philip Morris International (PM) and Vertiv (VRT) reporting higher Q1 adjusted earnings and revenue. GE Vernova (GEV) posted higher Q1 earnings and revenue, while AT&T (T) reported lower Q1 earnings amid higher operating revenue. Tesla (TSLA) and IBM (IBM) are set to report their results after-market.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.5% at $99.93 per barrel and US West Texas Intermediate crude 1.5% higher at $91.01 per barrel.The Atlanta Fed Business Inflation Expectations survey for April is scheduled for release at 10 am ET.In other world markets, Japan's Nikkei closed 0.4% higher, Hong Kong's Hang Seng ended 1.2% lower, and China's Shanghai Composite finished 0.5% higher. Meanwhile, the UK's FTSE 100 was up 0.1%, and Germany's DAX index was 0.1% lower in Europe's early afternoon session.In equities, shares of Philip Morris and GE Vernova were up 3.3% and 7.%, respectively, after the companies posted their Q1 financial results. Adobe (ADBE) stock was 3% higher after the company said its board approved a new share buyback authorization, allowing the company to repurchase up to $25 billion in shares through April 30, 2030. The digital media software firm also expanded its partnership with Omnicom Group (OMC) to co-develop an enterprise-grade, industry-specialized AI agentic operating model solution, according to Omnicom.On the losing side, Vertiv shares were down 1.1% despite its Q1 adjusted earnings and revenue surpassing analyst expectations. AT&T stock was down 2% after its Q1 earnings release.

Dow JonesNasdaq CompositeS&P 500$ADBE$GEV$IBM$OMC$PM$T$TSLA$VRT
Wire

Omnicom Expands Adobe Partnership to Deliver AI Agentic Operating Model Solution

Omnicom Group (OMC) said Tuesday it is expanding its global partnership with Adobe (ADBE) to co-develop an enterprise-grade, industry-specialized AI agentic operating model solution.Omnicom said it will integrate Omni, its marketing and sales platform, and its agentic framework with Adobe's enterprise marketing and creative technology stack to create this solution.Over the next 12 months, Omnicom will develop and operationalize the solution across five major use cases including end-to-end customer experience, omni channel planning, total creative workflow, .com, and email, according to the company.The solution will feature smooth data exchanges between Adobe products, Omni's connected platform layer and its agentic infrastructure, delivering predictive growth at enterprise scale, the company said.Price: $78.09, Change: $-0.41, Percent Change: -0.52%

$ADBE$OMC
Wire

Adobe Launches CX Enterprise to Streamline Customer Interactions

Adobe (ADBE) said Monday it unveiled CX Enterprise, an end-to-end agentic artificial intelligence system designed to help businesses manage their customer lifecycle workflows across fragmented platforms.The system targets to deliver better customer experiences and business results, the software firm said.Adobe is partnering with external platforms, including Amazon's (AMZN) Web Services, Alphabet-owned (GOOG, GOOGL) Google Cloud, Microsoft (MSFT), Nvidia (NVDA), International Business Machines (IBM), OpenAI and Anthropic to improve compatibility with existing enterprise environments, it said.The company also said it introduced the CX Enterprise Coworker application, which translates broad business goals into multi-step actions by coordinating various AI agents to assemble audiences, creative assets, and performance data.Shares of the company were up 2.6% in early Monday trading.Price: $250.67, Change: $+6.22, Percent Change: +2.54%

$ADBE$AMZN$GOOG$GOOGL$IBM$MSFT$NVDA
Wire

Adobe to Focus on Partnerships, Product Announcement at Event Next Week, RBC Says

Adobe (ADBE) is expected to focus on partnerships and product announcements highlighting the company's end-to-end workflows at its Summit event next week, RBC Capital Markets analysts said in a Thursday note to clients.Analysts said that while investors are keen on annual recurring revenue re-acceleration, return on investment is the core of the GenAI value proposition and should be the central focus of the event.RBC said it will also look for more details on how GenAI can be a net benefit to the company's annual recurring revenue, including updates on freemium model conversion and credit consumption.Analysts said that, considering the recently announced CEO transition, it is less likely that Adobe will provide any long-term guidance at the event.Abode is expected to outperform its peer group over the next 12 months, RBC added.RBC analysts retained an outperform rating on the stock, but lowered its price target to $350 from $400.Price: $250.76, Change: $+2.60, Percent Change: +1.05%

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Sectors

Sector Update: Tech Stocks Higher Pre-Bell Friday

Technology stocks were higher pre-bell Friday, with the State Street Technology Select Sector SPDR ETF (XLK) gaining 1.6% and the State Street SPDR S&P Semiconductor ETF (XSD) 2% higher.Microsoft (MSFT) shares were up 1.6% in premarket activity. Microsoft Italy and Expert.ai said they have entered into a collaboration to accelerate the adoption of artificial intelligence for enterprise use cases.Uber Technologies (UBER) shares were up 1.8% prebell. Prosus said Uber is acquiring roughly 13.6 million ordinary shares of Delivery Hero from Prosus, representing about 4.5% stake.Adobe (ADBE) stock was up 2.6% before the bell, adding to the 1.4% gain at the previous close. UBS lowered its price target to $260 from $290, while maintaining a neutral rating.

$ADBE$MSFT$UBER$XLK$XSD
Asia Markets

Hopes for Middle East Peace Nudge US Equity Futures Higher Pre-Bell

US equity futures were edging higher pre-bell Thursday as optimism for an end to the Middle East conflict continues to grow, with a second round of talks and a ceasefire extension on the horizon.Dow Jones Industrial Average futures were 0.2% higher, S&P 500 futures were up 0.1%, and Nasdaq futures were 0.2% lower.Israel's security cabinet met on Wednesday to discuss a potential ceasefire in Lebanon that could remove a key hurdle in securing a broader peace agreement.A series of solid earnings so far this week has also allayed concerns about the economy. Taiwan Semiconductor Manufacturing (TSM) and Charles Schwab (SCHW) posted higher Q1 earnings and net revenue. Netflix (NFLX) is due to report after market close.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.3% at $96.16 per barrel and US West Texas Intermediate crude up 0.7% at $91.93 per barrel.Initial jobless claims dropped to 207,000 in the week ended April 11 from 218,000 in the previous week, compared with expectations for a decrease to 213,000 in a survey of analysts compiled by Bloomberg.The March industrial production report, due at 9:15 am ET, is forecast to show a 0.1% increase following a 0.2% gain in the prior month.In other world markets, Japan's Nikkei closed 2.4% higher, Hong Kong's Hang Seng ended 1.7% higher, and China's Shanghai Composite finished 0.7% higher. Meanwhile, the UK's FTSE 100 was up 0.7%, and Germany's DAX index was 0.6% higher in Europe's early afternoon session.In equities, Charles Schwab (SCHW) stock was 2% lower after the company posted Q1 net revenue below analyst estimates. Paypal (PYPL) shares were down 1.7% after Mizuho downgraded the company's stock to neutral from outperform.On the winning side, Alibaba (BABA) stock was 3.3% higher after the company launched a new AI model that creates 3D environments and interactive videos, according to a Bloomberg report. TotalEnergies (TTE) shares were up 3.5% after the company said its Q1 exploration and production results are expected to rise significantly, supported by higher oil prices and contributions from new projects. Adobe (ADBE) stock was 2.7% higher after the company launched its new artificial intelligence tool, Firefly AI Assistant.

Dow JonesNasdaq CompositeS&P 500$ADBE$BABA$NFLX$PYPL$SCHW$TSM$TTE
Wire

Adobe Introduces Firefly AI Assistant, New Editing Features in Firefly Video Editor

Adobe (ADBE) said Wednesday that it has launched the Firefly AI Assistant, an artificial intelligence tool that enables users to describe the outcome they want while the assistant executes complex, multi-step workflows across Adobe's Creative Cloud apps, including Photoshop, Premiere, and Lightroom, among others.The company said it will add this capability to leading third-party AI models including Amazon-backed (AMZN) Anthropic's large language model Claude.Adobe said it has also added new video and image editing features in its Firefly Video Editor including studio-quality sound, advanced color adjustments.The Firefly AI Assistant will be available in public beta in Adobe Firefly in the coming weeks; meanwhile, the new editing features and access to new partner models are available in Firefly starting Wednesday, Adobe said.Price: $243.68, Change: $+7.96, Percent Change: +3.38%

$ADBE$AMZN
Research

BTIG Initiates Adobe at Neutral

Adobe (ADBE) has an average rating of overweight and mean price target of $319.02, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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