Adobe raises outlook, but CFO exit deepens AI strategy concerns

Breaking News To Trading Moves · Jun 12, 2026 · 18m

Adobe delivered stronger numbers, but investors focused on a growing leadership problem. The company raised its fiscal 2026 revenue forecast to between $26.5 billion and $26.6 billion and increased its adjusted earnings guidance to between $24.35 and $24.45 per share.

Despite that progress, $ADBE fell about 5% in extended trading after CFO Dan Durn announced his departure. Durn is moving to Marvell Technology, while Steve Day will become Adobe’s interim CFO from June 15.

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