Adobe Declines 30% in a Year: Buy, Sell or Hold the Stock in 2025?

Adobe (ADBE) shares have declined 29.8% in the trailing 12-month period, underperforming the broader Zacks Computer and Technology sector’s return of 28.5% and the Zacks Computer Software industry’s appreciation of 14.2%.ADBE’s 2025 prospects are suffering from increasing competition in the Generative AI (GenAI) space from the likes of Microsoft (MSFT) -backed Open AI, as well as a lack of monetization of its AI solutions. For fiscal 2025, Digital Media Annual Recurring Revenue is now expected to grow rough ...