Adobe (ADBE) shares have declined 19.4% in the trailing 12 months, underperforming the broader Zacks Computer & Technology sector’s return of 32.9% and the Zacks Computer Software industry’s appreciation of 16.9%. ADBE suffers from a challenging macroeconomic environment, which has negatively impacted the Digital Media segment, and intensifying competition in the generative AI (Gen AI) space.However, Adobe’s prospects are expected to benefit from a strong demand for its creative products. Its Creative Cloud ...