Adobe Inc. (ADBE) — closed signal from December 13, 2025
Partial Published before the outcome was known, scored automatically when the window closed on March 13, 2026.
Predicted vs. what happened
What happened
Reached 5% of the predicted growth at its peak, without hitting the target.
The thesis — published December 13, 2025
Adobe looks likely to bounce in the next 0-3 months because the company announced a big $20 billion share buyback that will retire just over 10% of shares and it keeps pushing AI features. That buyback makes shares scarcer and signals management confidence. Expect volatility - treat this as buying a high-quality software company on dips, not a fast trade.
Primary drivers
- $20B buyback reduces shares and supports demand near-term
- AI product development keeps investor interest and future sales growth
- Recent momentum fixes suggest sellers have eased, but swings remain
- Large installed customer base gives steady revenue if growth returns
How it played out
ADBE: the target was never reached
Lyra published ADBE at 356.43 on 2025-12-13 with a short-term thesis for 20% growth. The thesis pointed to a $20 billion buyback that would retire just over 10% of shares, continued artificial intelligence product work, easing selling pressure after recent momentum fixes, and a large installed customer base. It expected a bounce within 0-3 months, with volatility.
Inside the window, ADBE peaked at 359.67 on 2025-12-23, a 0.9% gain. It never reached 427.72. By 2026-03-13, it ended at 269.78. The thesis missed: the stock made only a small early move above the publication price, then finished far below it.
What happened during the window
On 2026-03-12, Adobe reported fiscal first-quarter results, with adjusted earnings of $6.06 a share on sales of $6.4 billion for the quarter ended Feb. 27. The same day, Shantanu Narayen announced plans to step down as CEO after 18 years.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
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This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.