Adobe Stock Ownership Breakdown Ahead of Q3 Earnings Amid AI Competition
Adobe shares have declined over 21.5% year-to-date as the creative software giant faces mounting pressure from AI-driven competitors and sluggish monetization of new tools. Analysts remain split ahead of its September 11 earnings report, with RBC Capital maintaining an Outperform rating while Melius Research downgraded the stock, suggesting infrastructure plays like Microsoft and Oracle offer better opportunities.
Ownership data reveals public companies and individual investors control 35.12% of ADBE shares, followed by ETFs (29.95%), mutual funds (19.57%), and insiders (15.19%). Vanguard emerges as the largest single shareholder with an 8.67% stake, while its index funds hold an additional 7.28% position.