Published: Nov. 7, 2025
Summary
- Price action: Adobe (NASDAQ: ADBE) traded lower intraday and probed new 52‑week lows near $323, last changing hands around $325–$326 in afternoon trade. Day range: $323.10–$330.72.
- Context: The stock’s 52‑week range now sits roughly $323–$558, underscoring a steep reset since last year’s highs. [1]
- Fresh headlines today: Fund‑flow updates, new consumer‑facing product information, and ongoing analyst debate on 2025 underperformance. [2]
- Next catalyst:Q4 & FY25 results on Dec. 10, 2025 (2:00 p.m. PT). [3]
Live look: ADBE price and range today
As of 20:15 UTC (3:15 p.m. ET), Adobe shares were quoted near $325.5, off modestly on the day after touching an intraday low around $323.10—a level that marks the lower bound of the stock’s 52‑week range. Intraday high printed $330.72.
For perspective, the 52‑week range sits at roughly $323.03–$557.90. That top end was set late last year; the lower bound is being re‑defined in today’s session. [4]
Yesterday, the stock closed at $327.35, lagging large‑cap tech peers during a risk‑off session—setting up today’s slide toward new lows. [5]
What’s moving Adobe stock today (Nov. 7, 2025)
Institutional flows and holdings headlines
A handful of filings‑based notes crossed the wire, highlighting active repositioning in Adobe shares:
- Bastion Asset Management disclosed purchasing 6,440 shares. [6]
- Harvest Portfolios Group reported a $23.84 million ADBE position. [7]
- Achmea Investment Management disclosed selling 20,685 shares. [8]
- Washington Trust Bank reported a sharp reduction in its stake earlier this year. [9]
Analyst and performance chatter
Coverage circulating today reiterates that Adobe has underperformed in 2025 (roughly down mid‑20s percent YTD) after a tough stretch of risk sentiment and AI‑monetization skepticism earlier in the year. [10]
Consumer/product notes
Adobe updated customer information for complimentary access to Adobe Express Premium for year‑end 2025—incremental product news that may support engagement but is unlikely to sway near‑term valuation on its own. [11]
The setup into December: fundamentals and guidance
Despite the stock pressure, the operating story has shown resilience in recent prints:
- Q3 FY25 (reported Sept. 11): Adobe delivered record revenue of $5.99B (+11% YoY), non‑GAAP EPS of $5.31, and raised FY25 guidance to $23.65–$23.70B revenue and $20.80–$20.85 non‑GAAP EPS. Management also issued Q4 targets implying continued mid‑single‑digit sequential growth. [12]
- Earlier in the year, management emphasized that AI‑driven offerings were beginning to contribute meaningfully, with expectations for a step‑up in AI‑related recurring revenue as FY25 progressed—context investors will revisit in December. [13]
Next event: Adobe’s Q4 & FY25 earnings call is scheduled for Dec. 10, 2025 at 2:00 p.m. PT, where investors will look for updates on:
- Net new ARR across Digital Media and Digital Experience
- Early monetization signals from Firefly and AI features across Creative Cloud and Acrobat
- Commentary on pricing, seat growth, and enterprise demand elasticity
- Any color on margin trajectory and FY26 framing
[14]
Why the stock keeps testing lows
Two forces are colliding:
- Multiple compression vs. execution: Even as Adobe lifted full‑year targets in September and posted record revenue, the valuation reset in software—plus investors’ demand for faster proof of AI payback—has dominated the tape. [15]
- Technical overhang: With the share price now anchored near the fresh 52‑week low, rallies face overhead supply from shareholders who bought in the high‑$300s to mid‑$500s in 2024–early 2025. Real‑time ranges today reflect that pressure. [16]
What to watch for the rest of today and into next week
- Closing print vs. $323–$330 band: A finish above the day’s VWAP range could signal short‑term stabilization; a close near the low would keep momentum fragile into next week.
- Flow of additional 13F/holdings notes: More filings‑driven items could emerge, but these typically matter most when they aggregate into a discernible trend. [17]
- Earnings countdown: Sell‑side models will firm up into Dec. 10; any pre‑announce or event updates from investor relations would be material. [18]
Bottom line
Adobe stock is testing new lows despite solid 2025 execution and raised guidance. In the near term, flows and macro risk appetite are steering the price; the December print is the clearer fundamental catalyst to settle the debate over AI monetization pace and 2026 earnings power. [19]
Data and news in this article reflect information available as of publication time. This report is for informational purposes only and is not investment advice.
References
1. www.reuters.com, 2. www.marketbeat.com, 3. www.adobe.com, 4. www.reuters.com, 5. www.marketwatch.com, 6. www.marketbeat.com, 7. www.marketbeat.com, 8. www.marketbeat.com, 9. www.marketbeat.com, 10. markets.financialcontent.com, 11. helpx.adobe.com, 12. www.adobe.com, 13. www.reuters.com, 14. www.adobe.com, 15. www.adobe.com, 16. www.reuters.com, 17. www.marketbeat.com, 18. www.adobe.com, 19. www.adobe.com
