Adobe sign with logo mounted on building exterior, San Francisco, California, September 18, 2025. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty ImagesAdobe stock (NASDAQ: ADBE) is down 22% this year, primarily due to rising concerns centered on rising competition from both lower-cost creative software alternatives and new AI-powered tools, combined with signs of slowing growth in the company’s subscription business. Despite these headwinds, we believe the stock warrants a close look.Here is wh ...