Adobe stock news
Adobe Inc. (ADBE) has announced a strategic pivot toward a freemium business model for its AI--driven creative suite, leading to a downward revision of its fiscal year 2026 organic annual recurring revenue (ARR) growth forecast by 2 percentage points to approximately 8%. This strategic shift coincides with a major leadership transition, as the company initiates a search for successors to outgoing CEO Shantanu Narayen and CFO Dan Durn, aiming to finalize appointments before the fiscal year 2027 planning cycle in late October.