Adobe Inc. (ADBE)
Buy The Dip In Adobe Stock?
Adobe Stock (NASDAQ: ADBE) declined 7.8% in after-hours trading on March 12, 2026, after reports surfaced that CEO Shantanu Narayen — who has led Adobe for 18 years — intends to step down. With the stock already down 19% YTD, the sharp market response is understandable.
Adobe to pay $75 million to resolve US lawsuit over fees, subscription cancellations
Adobe said on Friday it will pay $75 million to the U.S. government to resolve a lawsuit accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular subscription plan, and making it difficult to cancel subscriptions.
Stock Market Today (LIVE): Adobe CEO Steps Down; Iran and Oil Turmoil Spells A Volatile Friday
Top insights from the latest market news from Friday, March 13, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
Adobe drops as Narayen exit and AI worries overshadow earnings beat
Shares of Adobe fell sharply by 8% in premarket trading on Friday after the software company said long-time chief executive Shantanu Narayen would step down, triggering investor concern at a time when the industry is also grappling with rapid changes brought about by artificial intelligence. While the fiscal first quarter results largely beat estimates, the magnitude was not enough to assuage concerns that AI could make software companies' services irrelevant.
Breakfast News: Surprise CEO Exit Rocks Adobe
Adobe results overshadowed by key departure, Meta reportedly pushes back AI model launch, and more
Adobe Chief Shantanu Narayen To Exit After Long Reign, Stock Sinks
Adobe (ADBE) beats Q1 estimates but shares fall on CEO exit news. Explore the revenue growth, MAU surges, and fiscal 2026 outlook.
Wall Street Breakfast Podcast: Adobe Beats, CEO Exits
Adobe (ADBE) delivered record Q1 results with adjusted EPS of $6.06 and 12% revenue growth to $6.4B, surpassing consensus. Long-time CEO Shantanu Narayen will step down after 18 years, remaining until a successor is appointed and retaining board chairmanship.
These Stocks Are Today's Movers: Adobe, Tesla, Ulta Beauty, SentinelOne, and More
Adobe is dropping on the resignation of its long-term CEO, while Ulta Beauty and SentinelOne are falling after earnings reports.
How much ‘Big Short' Michael Burry lost on Adobe stock bet
Adobe (NASDAQ: ADBE) stock enjoyed a significant rally on March 3 and March 4 as rumors that the legendary ‘Big Short' investor Michael Burry made a ‘significant' investment in the software company.
Adobe shares drop after CEO exit adds to AI-disruption concerns
Adobe's shares plunged 9% in premarket trading on Friday after the Photoshop maker said CEO Shantanu Narayen would step down after 18 years at the helm, unsettling investors already wary of AI-driven disruptions to the design software market.
Adobe's Revenue Accelerates. Is It Time to Buy This Beaten-Down Software Stock?
Adobe's revenue growth rate accelerated in its most recent quarter. The company is using the stock's recent weakness as an opportunity to aggressively repurchase shares.
Adobe Inc (ADBE) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and AI Expansion Amid Leadership Transition
Revenue: $6.40 billion in Q1, representing 11% year-over-year growth.GAAP Earnings Per Share (EPS): $4.60, with 11% year-over-year growth.Non-GAAP Earnings Per
