ADBE ADOBE INC.

NEUTRAL Impact: 4/10 DEFA14A
Horizon weeks Filed Mar 25, 2026 Processed 2mo ago SEC 0000796343-26-000057
Proxy solicitation materials
Latest settled — T+20d
ADBE ▲ +1.94% at T+20d
NEUTRAL call ✓ call won +1.94% · α vs SPY -8.72% · entry $240.66 → $245.33
Next anchor: T+60d in 9d
Currently $204.02 · -15.22% from $240.66 entry
Entry anchored
Mar 25, 04:05 PM ET
via Databento tick
T+1d
-2.45%
call -2.45% · α -0.77%
$234.76
settled 3mo ago
T+5d
+0.92%
call +0.92% · α -0.71%
$242.87
settled 2mo ago
T+20d
+1.94%
call +1.94% · α -8.72%
$245.33
settled 7w ago
T+60d
call — · α —
in 9d

Price Chart

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Executive Summary

Adobe Inc. has announced that CEO Shantanu Narayen will transition from his role as Chief Executive Officer, though he will remain as Chair of the Board. The company is conducting a search for his successor, and Narayen will continue as CEO until a replacement is appointed. This update was provided as a supplement to the 2026 proxy statement ahead of the annual shareholder meeting.

Actionable Insight

Monitor for updates on the CEO search and any potential interim leadership changes. While the orderly transition suggests stability, investors should assess succession planning risks and watch for signals about strategic direction under new leadership.

Key Facts

  • CEO Shantanu Narayen will step down as Chief Executive Officer but remain as Chair of the Board.
  • Narayen will continue in the CEO role until a successor is appointed.
  • Adobe is currently searching for a new CEO.
  • This filing is a supplemental disclosure to the 2026 proxy statement and does not alter any voting proposals.

Financial Impact

Not specified

Risk Factors

  • Uncertainty around timing and outcome of the CEO search.
  • Potential for leadership transition to create short-term strategic ambiguity.

Market Snapshot

Price
$236.39
Volume
96
Exchange
Nasdaq
Analyst Consensus
59% bullish (46 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
DEFA14A Filing (Primary)0000796343-26-000057
Document: 0000796343-26-000057-index-headers.html0000796343-26-000057
Document: 0000796343-26-000057-index.html0000796343-26-000057
Document: 0000796343-26-000057.txt0000796343-26-000057
12 reports for ADBE
Performance horizon
25% Hit rate 1 of 4 directional calls best @ T+5▲ +8.26%Feb 28, 2026
Filters
Rows
Reports for ADBE — sortable, filterable
Type Now
Jun 12, 2026
1d ago
ANALYST-DOWNGRADE
BEARISH ★ 6/10
$204.00 awaiting T+20awaiting T+20$204.02 (−0.01%)
Jun 12, 2026
1d ago
ANALYST-DOWNGRADE
BEARISH ★ 7/10
$207.36 awaiting T+20awaiting T+20$204.02 (+1.61%)
Jun 11, 2026
1d ago
8-K
BULLISH ★ 6/10
$216.78 awaiting T+20awaiting T+20$204.02 (−5.89%)
May 31, 2026
12d ago
ANALYST-UPGRADE
NEUTRAL ★ 1/10
$387.02 $343.25▼ −11.31%▼ −2.40%$204.02 (−47.28%)
May 27, 2026
16d ago
ANALYST-DOWNGRADE
BEARISH ★ 4/10
$239.29 $240.37▼ −0.45%▲ +4.48%$204.02 (+14.74%)
May 1, 2026
6w ago
ANALYST-UPGRADE
MIXED ★ 2/10
$387.02 $343.25▼ −11.31%▼ −2.40%$204.02 (−47.28%)
Apr 28, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$242.97 $240.49▼ −1.02%▼ −6.49%$204.02 (−16.03%)
Apr 27, 2026
6w ago
ANALYST-DOWNGRADE
BEARISH ★ 2/10
$239.29 $240.49▼ −0.50%▲ +4.45%$204.02 (+14.74%)
Apr 21, 2026
7w ago
8-K
BULLISH ★ 7/10
$255.80 $254.99▼ −0.32%▼ −3.48%$204.02 (−20.24%)
Mar 25, 2026
11w ago
DEFA14A
NEUTRAL ★ 4/10
$240.66 $245.33▲ +1.94%▼ −8.72%$204.02 (−15.22%)
Showing 10 of 12

US Market Status

Market Closed — Opens Mon (48h 55m)

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