NEW YORK, Jan 3, 2026, 11:05 ET — Market closed
- Adobe (ADBE) fell 4.77% on Friday to close at $333.30. 1
- The S&P 500 rose 0.2% in the first U.S. session of 2026, while the Nasdaq was nearly flat. 2
- Next catalysts include the U.S. jobs report on Jan. 9 and Adobe’s Q1 FY2026 earnings call on March 12. 3
Adobe Inc shares slid 4.8% on Friday, ending the first U.S. trading session of 2026 at $333.30. 1
The decline put the software maker on the back foot as investors head into a week where U.S. data is expected to set the tone for rate expectations and risk appetite. 4
The U.S. employment report for December is due on Jan. 9, the Bureau of Labor Statistics said, and investors are watching it for signals on the Federal Reserve’s next steps. 3
Fed funds futures — derivatives often used as a real-time gauge of rate-cut bets — show little chance of a move at the late-January meeting but close to a 50% probability of a quarter-point cut in March, Reuters reported. 4
U.S. stocks started 2026 mixed. The S&P 500 rose 0.2% on Friday and the Dow gained 0.7%, while the Nasdaq slipped slightly as several large tech stocks fell, the Associated Press reported. 2
Adobe traded between $331.64 and $351.12 and logged about 5.6 million shares in volume, according to Yahoo Finance historical data. 5
Weakness was visible across parts of the software space. Autodesk fell 3.1% in the same session, MarketWatch data showed. 6
For Adobe, investors remain focused on whether the company’s generative AI features can translate into steadier subscription growth across Creative Cloud. 7
Adobe is seeing AI adoption rise, with monthly active users for its freemium offerings — free-to-start products designed to convert users to paid plans — up 35% year over year to more than 70 million, CFO Dan Durn told Reuters. “We’re seeing significant strength in Creative Cloud Pro, Photoshop, Lightroom,” he said. 7
In its latest outlook, Adobe forecast fiscal 2026 revenue of $25.90 billion to $26.10 billion and adjusted earnings per share of $23.30 to $23.50, Reuters reported. Adjusted results exclude some items such as acquisition-related charges. 7
Before Monday’s session, investors will be watching the Jan. 9 jobs report and the Dec. 2025 consumer price index release due Jan. 13 for any shift in rate-cut expectations. 3
The same week also brings the start of fourth-quarter earnings season, beginning with major U.S. banks reporting on Jan. 13, Reuters reported. 4
Adobe’s next scheduled company catalyst is its first-quarter fiscal 2026 earnings call on March 12, according to its investor relations calendar. 8
On the chart, traders are watching whether ADBE holds the $330 area near Friday’s low after failing to stay above $350. 5
