Adobe stock rose 0.63% to close at $338.10 on January 07, continuing to track the broader tech sector strength fueled by CES AI optimism despite no major company news today.
- The stock's momentum is supported by prior Q4 2025 earnings, which included strong FY2026 revenue guidance of $25.90-26.10 billion, boosted by AI features in Photoshop and ChatGPT integrations.
- Analysts maintain a positive outlook, with Zacks noting favorable EPS estimates of $5.88, representing a 15.8% year-over-year increase.
- Following the market close, the stock extended its gains slightly, trading up 0.16% at $338.65 in after-hours trading.