New York, February 14, 2026, 19:26 EST — Market’s done for the day.
- Adobe finished Friday’s session at $263.97, up 0.56%. The stock barely budged in after-hours trading.
- The stock remains roughly 25% lower in 2026, with investors rethinking software picks as concerns about AI-driven upheaval persist.
- U.S. markets stay closed Monday. Attention shifts to Tuesday’s open—and to Adobe’s upcoming earnings report.
Adobe Inc finished Friday’s session at $263.97, up 0.6%. Roughly 6.6 million shares moved hands. The stock barely budged in after-hours trading.
A bump like this barely dents the deeper rout that’s left Adobe caught in the wider software downturn fueled by surging AI. “With fear driving market sentiment, investors remain in ‘sell first think later’ mode,” said Emmanuel Cau, equity strategist at Barclays. Since October, the S&P 500 Software & Services index has lost roughly $2 trillion. Adobe shares have dropped around 25% in 2026; Salesforce is down close to 30%. “There’s this idea that AI is going to replace built-out models in the near term,” Robert Pavlik, senior portfolio manager at Dakota Wealth, told Reuters. Reuters
Wall Street wrapped up Friday with a mixed close. January’s cooler-than-expected inflation numbers nudged up expectations for a possible Fed rate cut by mid-year, but the S&P 500 barely moved, up just 0.05%. The Nasdaq, weighed down by big-name tech, slipped 0.22%. Caution crept in as traders eyed the long weekend with Presidents Day coming up. “Large cap tech stocks continue to be an anchor on the market,” said Michael James, managing director at Rosenblatt Securities. Reuters
Adobe ended after-hours at $263.90, barely budging, according to MarketWatch data. U.S. markets will pause on Monday, so the next move for Adobe’s shares will play out Tuesday.
Adobe finished Friday after jumping 2.1% on Thursday, breaking a five-day slump even as most stocks fell. MarketWatch noted trading volume surged past its usual levels. Still, shares remain stuck more than 40% under their 52-week peak.
The tape’s calling the shots at the moment. Software stocks take a hit whenever the AI story shifts from “tool” to “replacement.” Traders aren’t sticking around for rallies, either, especially going into a long weekend.
Adobe’s quarterly results drop March 12, per MarketScreener. Investors are zeroed in on Creative Cloud’s demand and if the company’s fresh AI tools can juice revenue—crucially, without eroding margins.
But there’s risk on the flip side. Should the AI-driven slump worsen or ripple beyond just software, Adobe might take an extra hit—no need for bad news from the company itself. All it takes is a shake-up in rate-cut bets and another squeeze on valuations.
U.S. markets are shut Monday for the holiday. When trading picks up again Tuesday, software stocks might be in for another jolt. The next key date for Adobe? That’s still March 12.
