ADBE

Over the past six months, Adobe's stock price (ADBE) has experienced a prolonged downtrend, decreasing by 19.15% in the last six months and 31.99% over the last 12 months as of October 6, 2026. Key events impacting the stock include the termination of the Figma acquisition in December 2023, which resulted in a significant breakup fee and investor uncertainty. Concerns about how generative AI could disrupt Adobe's creative software business and impact pricing power have also weighed on investors. The announcement in March 2026 that CEO Shantanu Narayen would step down added to market uncertainty. Adobe closed the acquisition of Semrush in April 2026, bringing $480 million of Annual Recurring Revenue. In June 2026, Adobe deferred planned Creative Cloud price increases as a strategic decision to attract freemium users. Despite a prolonged decline, the stock saw a rebound on October 8, 2026, but remains in a longer-term downtrend.