Adobe Is Down 32% This Year: Is ADBE Stock Dead Money or Due for a Bounce?

Quick Read Adobe stock has tumbled 32% this year while the S&P 500 gained 14%, making it the steepest decliner in its software peer group. Autodesk fell 26% and Salesforce dropped 12% year-to-date, yet Adobe's steeper slide signals stock-specific trouble, not a sector-wide breakdown. Bears point to post-earnings selling acceleration, generative AI competition, and an incoming CEO transition as overhangs keeping Adobe's multiple compressed. Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Adobe didn't make the cut. Enter your email to see the names that beat ADBE. The report is free. Enter your email and see if any of your stocks made the cut.