Adobe Stock Tanks Near 52-Week Low – Is AI to Blame?
Stock Performance As of mid-October 2025, ADBE is trading around $330 marketbeat.com. This level is near its 52-week lows (about $329) and far below 2024’s peak (~$555) ts2.tech. Over the past month the stock has fallen roughly 10–15%, and it is down about 20–25% YTD. Last week saw a small bounce (the stock was up ~1% on Oct 17) marketbeat.com, but the trend remains down. In technical terms, ADBE sits below both its 50-day and 200-day moving averages (recently ~$351 and ~$369, respectively marketbeat.com), reflecting its slide. The current valuation is relatively low: trailing P/E around 21x and forward P/E