Adobe expands NVIDIA partnership but HSBC cuts target for Adobe stock

Published on 10/22/2026 at 12:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 12.90 percent to USD 6.76 billion. Adobe stock stood at EUR 226.35 on October 22, 2026 versus the EUR 228.50 Xetra close.

Adobe expands AI cooperation

Adobe and NVIDIA announced an expanded collaboration on October 15, 2026, with up to 2.00 times faster AI processing.
Fiscal third-quarter revenue rose 12.90 percent to USD 6.76 billion on September 10, 2026.
Adobe stock stood at EUR 226.35 at 11:51 a.m. CEST on October 22, 2026, 0.94 percent below the Xetra close of October 21, 2026.

Kreativteam im Studio vor Monitoren, Schwarz-Weiß – Adobe Inc. US00724F1012 — Adobe Inc. zeigt ein Kreativstudio-Team US00724F1012 in schwarzweißer Reportagefotografie kollaborierend an Monitoren, Illustration mit AI erstellt.

Adobe Inc. (ISIN US00724F1012) was quoted at EUR 226.35 on Xetra on October 22, 2026, at 11:51 a.m. CEST, 0.94 percent below the Xetra close of October 21, 2026 at EUR 228.50. The company expanded its artificial intelligence partnership with NVIDIA on October 15, while HSBC had cut its rating and price target on October 13.

NVIDIA tie-up adds speed

According to the NVIDIA Newsroom, Adobe and NVIDIA are optimizing Photoshop, Premiere, Substance 3D, Frame.io and Brand Concierge. The companies said selected applications could deliver up to 2.00 times faster AI processing, editing, color and effects on NVIDIA's RTX Spark technology.

What does the AI tie-up add?

The commercial value is still developing, but the partnership connects Adobe's software with NVIDIA's hardware and open models. NVIDIA also selected Adobe Brand Concierge for customer interactions on NVIDIA.com, with the enterprise version expected later in 2026, according to the Morningstar report dated October 15, 2026.

Three dated Adobe milestones

On September 10, 2026, Adobe reported fiscal third-quarter revenue of USD 6.76 billion, up 12.90 percent from the prior year, and GAAP diluted earnings per share of USD 4.62, according to the Yahoo Finance transcript. On October 13, 2026, HSBC downgraded Adobe to Hold and cut its target from USD 310.00 to USD 267.00, as reported by TradingView. The October 15 partnership announcement was the latest of the three events.

Next dates include MAX and results

Adobe MAX is scheduled for November 10 through November 12, 2026, where the companies plan to show further integrations, according to NVIDIA. Adobe's next earnings date is listed as December 9, 2026, by Forecaster.

Stock remains below the Xetra close

The latest euro quote was EUR 226.35 on Xetra on October 22, 2026, at 11:51 a.m. CEST. That was 0.94 percent below the EUR 228.50 Xetra close of October 21, 2026.