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ADBE

ADOBE INC

Information Technology · Application Software

$246.11

+0.04%

Vol: 0.0M

Araverus Market Read

Thursday, March 19, 2026

Negative

Adobe CEO transition uncertainty weighs on stock as Goldman Sachs questions leadership vacuum.

Adobe CEO Shantanu Narayen announced plans to step down after 18 years, causing the stock to plummet 7.8% in after-hours trading on March 12. Goldman Sachs cited uncertainty about the next CEO selection as a concern. Pre-market stock fell 0.62% to $252.62 and after-hours decreased 0.47% to $255.40, with leadership transition creating near-term headwinds.

Price 50d 200d

Previous Market Reads

2 of 2 days

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
NVDANVIDIA$178.50-1.18%-3.5%16.1x2.38$4.34T
AAPLAPPLE$248.91-0.51%-5.7%26.7x1.12$3.66T
MSFTMICROSOFT$389.28-0.64%-1.8%20.6x1.11$2.89T
AVGOBROADCOM$319.77+1.12%-3.8%18.1x1.26$1.52T
MUMICRON$444.60-3.71%+11.1%4.7x1.54$500.0B
ORCLORACLE$155.66+1.81%+1.0%19.5x1.65$447.3B
PLTRPALANTIR$155.70+1.88%+17.0%83.4x1.74$372.3B
AMDADVANCED$205.36+2.96%+1.1%19.1x2.02$334.7B
CSCOCISCO$78.50+1.06%+2.2%17.4x0.83$310.2B

Fundamentals

Market Cap$101.0B
P/E (TTM)14.3
Forward P/E9.3
Beta1.53
Div Yield
Prev Close$246.00

RSI (14-Day)

39Neutral
0305070100

52-Week Range

$244.27$246.11$422.95
From High-41.8%
From Low+0.8%

Moving Averages

50d SMA
$279.29-11.9%
200d SMA
$336.24-26.8%

Price below 200d MA — bearish structure.

Returns

1W
-8.8%
1M
-6.5%
3M
-29.3%
6M
-32.0%
1Y
-37.1%
YTD
-26.2%

Volume

Today45K
20d Avg6.7M
Ratio0.01x