ADBE is trading at $293.99, down 3.52%, reflecting ongoing investor concerns about the company's ability to monetize AI features effectively.

  • Goldman Sachs downgraded Adobe to Sell with a $290 price target, implying further downside risk.
  • Despite reporting solid Q4 fiscal 2025 results (Revenue +10.5%, Earnings +14.3%), analysts remain skeptical about whether AI is driving new revenue or merely protecting existing business.
  • The stock has fallen 32% year-over-year and is currently testing major support levels as the market prices in "AI uncertainty."