Eseandre Mordi
⬤ Adobe stock has taken a beating in 2026, with ADBE crashing over 30% to trade near multi-year lows around $296. The selloff marks a dramatic turnaround for one of the most popular names in creative software, as investors reassess the company's future amid rapid AI advancements.
⬤ Market anxiety centers on how AI-powered tools are reshaping creative and digital workflows—Adobe's bread and butter. The fear is that agentic AI could fundamentally change design, content creation, and automation, potentially undermining software models built around human creativity. While specifics remain unclear, the narrative has taken hold: AI progress might threaten Adobe's established position.
⬤ The scale of the drop shows these worries are being baked into Adobe's valuation. Hitting multi-year lows signals that investors are resetting expectations around growth, competitive edge, and long-term staying power. The 30%+ decline puts ADBE among the worst large-cap software performers, highlighting how fast sentiment shifts when disruptive tech changes dominate the conversation.
⬤ This matters because Adobe has been a pillar of the digital creative economy for years. Sustained weakness in ADBE reflects growing sensitivity to AI narratives across the entire software sector. As artificial intelligence capabilities expand, markets will keep watching how legacy platforms adapt—shaping sentiment, valuations, and risk assessment across creative and enterprise software.
Eseandre Mordi
