Adobe Stock (ADBE) News on Dec. 20, 2025: Earnings, AI Firefly Expansion, Runway & ChatGPT Deals, Analyst Price Targets, and Lawsuit Risk
Adobe reported record FY2025 revenue of $23.77 billion and issued a FY2026 outlook targeting up to $26.1 billion. Shares traded in the mid-$350s after Q4 results, new AI partnerships with OpenAI and Runway, and a fresh lawsuit over AI training data. Adobe repurchased nearly $12 billion in shares this year, reducing its share count by over 6%.