AI Competition And Budget Cuts Cloud Adobe's Growth Outlook
Adobe Inc. (NASDAQ:ADBE) is facing mounting pressure as tightening marketing budgets and shifting enterprise priorities cloud its growth outlook, with new survey data pointing to reduced spending on digital marketing and front-office software even as competition from AI-driven platforms intensifies heading into 2026.Keybanc analyst Jackson Ader downgraded Adobe from Sector Weight to Underweight and announced a $310 price forecast.Analyst ViewThe analyst writes that heading into 2026, Adobe faces similar cha ...