| ATPC 0.1085 55.00% | MTEN 0.0341 -3.40% | OCG 0.01 -15.25% | SOXS 2.1449 -5.93% | AUID 1.87 88.41% | ZSL 2.9224 3.82% | CJMB 3.8899 247.31% | IVP 0.049 -40.24% | NVDA 187.1718 2.20% | SLV 83.375 -1.40% | ASST 0.9713 -5.70% | BBAI 6.285 0.40% | INTC 48.6734 -0.10% | SPHL 23.245 933.11% | DVLT 0.7323 1.96% | TZA 5.965 -3.17% | ONDS 13 -4.13% | GRAB 4.355 -5.94% | TQQQ 54.3 0.87% | BYND 1.0151 5.53% | SOXL 58.99 6.52% | BNKK 4.1 47.48% | NVD 7.095 -4.25% | DNN 3.545 1.72% | APLT 0.1003 0.40% | PTHL 0.8008 82.08% | PLUG 2.275 -3.19% | IBRX 3.9107 29.49% | DUST 5.755 -0.69% | AAL 15.68 3.57% | BITO 13.2128 -2.56% | SPY 691.71002 0.20% | TSLS 5.205 0.29% | TSLL 17.9686 -0.56% | EEM 58.0992 0.60% | MSTX 4.8291 -7.13% | FNGD 5.54 0.54% | ACHR 8.9322 0.25% | AMD 228.895 2.37% | QQQ 621.40302 0.30% | SIDU 3.72 -0.80% | IBIT 54.0499 -2.51% | NOK 6.615 4.01% | JDST 2.0837 -1.01% | TSLA 438.17001 -0.23% | RZLV 4.6464 14.44% | GPUS 0.2815 -12.28% | SOFI 26.35 -1.20% | MARA 10.7746 -3.02% | XLE 47.67 -0.81%

Redburn Reiterates Adobe's Sell Rating , Sees AI Tools Threatening Photoshop

Rothschild Redburn reiterated a Sell rating and $280 price target on Adobe Inc. (NASDAQ:ADBE), warning that new generative AI tools could disrupt one of its core businesses.

The firm said testing of Google’s newly previewed Nano Banana image editing model suggested it could significantly challenge Photoshop’s dominance, adding to existing concerns about slowing seat growth and weakening pricing power. It also cited Runway’s Aleph as an example of how quickly generative AI models for image and video creation were advancing, with fully editable outputs potentially emerging within months.

Redburn argued that the pace of innovation raised questions about the durability of Adobe’s competitive moat, reinforcing its bearish outlook on the stock.

Published on: September 1, 2025