Adobe’s stock experienced a 7% drop due to investor apprehension regarding the timeline for AI integration to yield profits, despite an increased annual revenue forecast. Concerns about competitive pressures and the monetization of AI initiatives have led to lowered price targets from several brokerages.
Adobe shares slump 7% as investors skeptical of quicker AI-adoption returns
by ET Markets | June 13, 2025 11:03 pm | Indian Stocks, Market, News