Adobe’s stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.

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Earnings Results

Adobe’s breakout of AI bookings also was slightly weaker than expected

Last Updated: March 12, 2025 at 8:15 p.m. ET

First Published: March 12, 2025 at 5:07 p.m. ET

Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid criticism on Wall Street that the software company is not yet monetizing artificial intelligence.

Adobe ADBE, which has seen its shares tumble as investors have waited for the company to make money in AI, appeared to be trying to address that issue by giving analysts AI software-bookings data for the quarter.

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