Adobe ADBE deep-dive: post-earnings analysis, CFO exit reaction, AI disruption concerns, and a full trade setup for the next 24 hours.
Adobe Inc. (ADBE) fell sharply after Q2 FY2026 earnings despite beating revenue ($6.62B vs $6.45B est.) and EPS ($5.96 vs $5.81 est.) and raising full-year guidance. Strong AI growth (> $500M ARR) was overshadowed by CFO Dan Durn’s resignation and ongoing leadership uncertainty following CEO transition plans. The stock dropped ~6% to $218.80, hitting a multi-year low and testing key Fibonacci support. Technically, ADBE remains in a strong downtrend with price below all major moving averages, though RSI near 34 suggests short-term oversold conditions. Despite potential for a relief bounce, sentiment remains weak due to AI competition fears and executive instability.
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