Wall Street gives up on Adobe as it becomes poster child of AI distruption fears

Adobe Under Fire as Apple Launches Creator Studio and Analysts Turn Bearish – channelnews

Adobe is facing mounting pressure from rivals and Wall Street alike, as Apple moves to challenge its dominance in creative software and analysts warn the company is struggling to adapt to the rapid rise of artificial intelligence. Already under threat from Canva in the fast-growing value content creation market, Adobe now faces a direct challenge from Apple, which has announced Apple Creator Studio, a new bundled subscription offering aimed squa…

Wall Street gives up on Adobe as it becomes poster child of AI distruption fears

Wall Street’s lost faith in Adobe. Analysts are more worried about the creative software maker than they’ve been in over a decade as concerns pile up about whether it can keep up in the AI era. Oppenheimer cut its rating on Adobe stock to perform Tuesday. It’s just the newest downgrade in a string of them. Analysts are worried the company’s going to struggle against competitors like OpenAI that let users make images and videos just by typing wha…

Adobe stock slides after Oppenheimer downgrade as Apple targets Creative Cloud

New York, Jan 13, 2026, 18:37 EST — After-hours Adobe shares dropped 5.4% to $309.93 in after-hours trading Tuesday, having hit a low of $307.94 earlier in the session. The slide came after Oppenheimer downgraded Adobe, citing generative AI’s growing impact on the company’s reliable subscription model. Analyst Brian Schwartz cut Adobe to “Perform” from “Outperform” and removed the price target altogether. In his note, he said Gen AI “is increasi…