On November 18, 2025, Adobe Systems Incorporated (ADBE) closed at $324.47, with the stock hitting a new 52-week low of $322.80 during the session[3]. Over the past week, ADBE has declined steadily, underperforming both the US software sector and the broader market, with a 7-day return of -2.6% compared to -5.1% for the sector and -3.7% for the market[1]. No major company-specific news or earnings announcements have been reported in the last 24 hours. The recent decline appears driven by ongoing concerns about competitive threats in generative AI and a broader negative sentiment in global equity markets, rather than any new material developments[1][3]. Analyst sentiment remains generally positive, with several recent 'Outperform' and 'Buy' ratings, but these have not offset the recent price weakness[2].