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San Jose, California-based Adobe Inc. (ADBE) is a diversified software company operating through Digital Media, Digital Experience, and Publishing and Advertising segments. With a market cap of $163.4 billion, Adobe operates as one of the largest software companies in the world.
The software giant has significantly underperformed the broader market over the past year. Adobe’s stock has plummeted 17.9% over the past 52 weeks and approximately 11% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 11.9% gains over the past year and a marginal 64 bps dip in 2025.