Yes, iShares Expanded Tech-Software Sector ETF (IGV) holds ADBE with 0.45% (as of 2026-07-15).

Adobe Inc. (ADBE) is held by IGV (0.45%).

What AI bubble is ADBE in?

Adobe Inc. (ADBE) is mapped to the Enterprise SaaS AI bubble on QuantAbundancia. Classifier 2026-05-07: primary tier, corr 0.87 to ai-software centroid (29 obs, 2nd: hyperscalers 0.465). is_primary_bubble=FALSE.

What sector is ADBE in?

Adobe Inc. is classified under GICS Information Technology (Application Software).

What is ADBE's last close price?

ADBE last closed at $235.31 on 2026-07-16.

ADBE

NASDAQNext earnings·Sep 10AnalystsHold·33+16%

Adobe Inc.

Information Technology · Application Software

$235.31last close

-35.0%~252d

Price

-34.96% over 1Y

Thesis

as of 2026-07-16

Creative-software incumbent (Photoshop, Acrobat, Experience Cloud) re-rated to ~10x fwd P/E on AI-displacement fears. 54B (+13%). 60B). The print refutes the acute AI-displacement case (creative book grew) but not the long-run one. 17/sh goodwill impairment on Publishing & Advertising; CFO Dan Durn departing 2026-06-15; ~$480M of ARR is acquired (Semrush); Firefly still cannibalizing Adobe Stock.

•2026 Q1 FY26 (ended 2026-02-27) - Record revenue $6.4B (+12% YoY); subscription revenue +13%; operating cash flow $2.96B
•2026 Q1 FY26 - Total ARR $26.06B (+10.9% YoY), led by Creative Cloud Pro, Acrobat, and Adobe Experience Platform
•2026 Q1 FY26 - Firefly ARR over $250M (+75% QoQ); 18B+ generations since launch; over 35% of Photoshop subscribers using generative-AI features
•2026 Q1 FY26 - Reporting reorganized into a single reportable segment (former Digital Media + Digital Experience + Publishing & Advertising combined); long-time CEO succession/transition disclosed (8-K)
•FY2025 - Record revenue $23.77B (+11% YoY); AI-influenced ARR over one-third of total book exiting FY25
•RPO (remaining performance obligations) ~$22.22B as of 2026-02-27; ~67% expected recognized within 12 months
•Snapshot 2026-05-29: price ~$257.64, mcap ~$106B (~411M sh), fwd P/E ~10x (near decade low), FY26 non-GAAP EPS guide $23.30-$23.50, gross margin ~89%, down ~43% from the $453 Mar-2025 high
•Setup tension: market pricing generative AI as an extinction event while Firefly monetizes the same wave; Firefly cannibalizing Adobe's own Adobe Stock library (mgmt acknowledged May 2026)

Analyze ADBE· interactive tools

Bubbles· capital-flow co-movement

Conviction· in 1 watchlist

10xFWD PE

Top correlated· 252d co-movement

0.74
0.67
0.66

Frequently asked questions

Is ADBE in IGV?: Yes, iShares Expanded Tech-Software Sector ETF (IGV) holds ADBE with 0.45% (as of 2026-07-15).
What ETFs hold ADBE?: Adobe Inc. (ADBE) is held by IGV (0.45%).
What AI bubble is ADBE in?: Adobe Inc. (ADBE) is mapped to the Enterprise SaaS AI bubble on QuantAbundancia. Classifier 2026-05-07: primary tier, corr 0.87 to ai-software centroid (29 obs, 2nd: hyperscalers 0.465). is_primary_bubble=FALSE.
What sector is ADBE in?: Adobe Inc. is classified under GICS Information Technology (Application Software).
What is ADBE's last close price?: ADBE last closed at $235.31 on 2026-07-16.

ADBE

Price

Thesis

Analyze ADBE· interactive tools

Bubbles· capital-flow co-movement

Conviction· in 1 watchlist

Top correlated· 252d co-movement

Frequently asked questions

Related research· long-form analysis touching ADBE

Recent news· high-signal only

Held by ETFs

Key levels

Facts