Adobe Inc. stock falls after 1.48 percent Nasdaq drop

Published on 09/22/2026 at 19:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adobe Inc. stock closed at USD 248.92 on September 21, 2026, after a 1.48 percent decline. September revenue rose 12.9 percent year over year.

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Adobe Inc. stock (ISIN US00724F1012) closed at USD 248.92 on Nasdaq on September 21, 2026, down 1.48 percent from the previous session. The move came as Adobe develops a multi-year customer partnership centered on agentic artificial intelligence.

Stock remains below yearly high

The September 21, 2026 session ranged from USD 247.21 to USD 252.67, with volume of 10.2 million shares. Adobe stock therefore closed USD 119.81 below its 52-week high of USD 368.73 and USD 58.80 above its 52-week low of USD 190.12, according to the same Nasdaq market snapshot.

MarketBeat lists Adobe at USD 248.64 during its September 22, 2026 intraday update, with a market capitalization of USD 98.84 billion and a 52-week range of USD 190.12 to USD 368.73. Its quoted consensus was Hold with an average price target of USD 282.68, but that intraday quote is separate from the September 21 closing price.

Revenue growth meets valuation debate

Adobe reported USD 6.13 in earnings per share for the quarter reported on September 10, 2026, beating the USD 6.08 consensus estimate by USD 0.05. Revenue increased 12.9 percent year over year in that reported quarter, giving the stock a quantified operating-growth anchor despite the recent price decline.

According to The Globe and Mail on September 18, 2026, Phillip Securities maintained a Hold rating and a USD 261.00 price target. The same report cited a broader Hold consensus with an average target of USD 267.48, implying 6.3 percent upside from the cited closing level of USD 248.92.

Next results date is December 9

Zacks identifies December 9, 2026 as Adobe's next expected earnings release date and gives a consensus estimate of USD 6.32 per share for the quarter ending in November 2026. That estimate is 14.91 percent above the USD 5.50 implied comparison cited by the earnings-calendar calculation.

Adobe Inc. stock closed at USD 248.92 on Nasdaq on September 21, 2026, with the 1.48 percent daily decline and the USD 190.12 to USD 368.73 52-week range providing the current market frame.