Analyst Report: Adobe Inc

<p>Argus</p>
<p>•</p>
<p>Mar 16, 2026</p>
<h3>Adobe Inc.: Downgrading to HOLD</h3>
<p>Summary</p>
<p>Based in San Jose, California, Adobe Inc. provides software for creative professionals, consumers, and enterprises. The company is organized into two customer focused business groups: Creative and Marketing Professionals and Business Professionals and Consumers. The company acquired</p>
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<h3>Analyst Profile</h3>
<p>Joseph F. Bonner, CFA</p>
<p>Senior Analyst: Communication Services &amp; Technology</p>
<p>Joe covers the Communication Services sector and selected software technology stocks for Argus. In 2010, he was named #5 Stock Picker for Telecom Services in the Wall Street Journal's Best on the Street Analyst Survey. In 2008, Joe was named #1 Stock Picker for Media: U.S. by the Financial Times and was second in the Wall Street Journal's Best on the Street Analyst Survey for Telecommunications: Fixed Line. For more than a decade, Joe worked with Technicolor Inc., where he focused on financial and legal issues. He received his Masters in Business Administration from Fordham University in New York, where he concentrated in Finance. He earned a BA in International Affairs from the George Washington University, and spent three years with the Peace Corps in Talgar, Kazakhstan, developing an English Language resource center and teaching students. Joe is a CFA charterholder.</p>