If You'd Put $1,000 Into Adobe Stock 20 Years Ago, Here's What You'd Have Today

The promise of generative artificial intelligence has Adobe (ADBE) stock back to its market-beating ways after a protracted period of uncharacteristic underperformance. 

Shares in the maker of application software for creative types are up about 37% so far in 2023, adding $57 billion in market value along the way. But those outsized gains are a recent phenomenon, coming after the company's May announcement that it was adding AI tools to Photoshop.

Jumping on the AI bandwagon was just what Adobe needed. For years, the company enjoyed a near monopoly in its niche. Its Creative Suite – which includes the likes of Photoshop, Premiere Pro for video editing and Dreamweaver for website design, among others – really had no peer. 

But times change. The emergence of Microsoft's (MSFT) Azure and other cloud-based competitors have taken a bite out of Creative Cloud. Adobe's suite of products still commands a market share of more than 60%, but there's no question the company – and its shareholders – have been feeling the heat.

Just look at how shares have slowed down over the past few years. 

Adobe stock has outperformed the S&P 500 by a wide margin over the course of its life as a publicly traded company, generating an all-time total return of more than 23%. By comparison, the broader market returned just 10% over the same span. ADBE stock also clobbered the S&P 500 over the past 20-, 15-, 10- and five-year periods.

The early 2020s have been a different story entirely, however. A terrible 2022 has ABDE stock lagging the S&P 500 over the past three- and one-year periods. 

Happily for shareholders, some recent analyst upgrades, optimism over Adobe's upcoming quarterly earnings report and the AI feeding frenzy appear to have put shares back on track. 

For example, Wells Fargo analyst Michael Turrin upgraded Adobe stock to Overweight (the equivalent of Buy) from Equal Weight (Hold) in early June, citing the boost from AI.

"The AI debate continues to drive ADBE," Turrin wrote in a note to clients. "Generative AI is a tailwind to ADBE, as we expect much of the early value to accrue to established platforms and see potential for further break-out as products are monetized."

Adobe's hot 2023 run is a lot more like what longtime shareholders have come to expect from the stock. After all, anyone who plonked down just a thousand bucks into ADBE a couple of decades ago would have enjoyed truly outstanding returns. 

Have a look at the chart below and you'll see that a $1,000 investment in Adobe stock 20 years ago would today be worth more than $24,000. The same money invested in the broader market would theoretically have grown to less than $6,500.

And, as noted above, Wall Street says Adobe stock is just getting started. Of the 36 analysts covering Adobe stock surveyed by S&P Global Market Intelligence, 16 rate it at Strong Buy, three call it a Buy and 17 have it at Hold. That works out to a consensus recommendation of Buy, albeit with somewhat mixed conviction.

Adobe Unveils New Innovations Across Adobe Experience Cloud

LONDON, June 08, 2023--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) kicked off Adobe Summit EMEA 2023 – the industry’s leading Digital Experience Conference – by unveiling new innovations in Adobe Experience Cloud, the world’s leading customer experience management solution. The new offerings enable brands to deliver highly personalized experiences across any touchpoint, while maximizing operational efficiency.

"As enterprise businesses navigate through an uncertain business climate and price conscious consumers, consistently delivering engaging and personalized experiences will be paramount to accelerating profitable growth," said Amit Ahuja, senior vice president, Digital Experience Business at Adobe. "Our latest innovations empower brands to activate data in new ways that drive customer engagements, along with efficiencies and cost savings."

Global brands rely upon Adobe Experience Cloud – the industry’s leading platform for delivering, measuring and personalizing customer experiences – to drive real business growth. Adobe Experience Cloud is the trusted choice of over 12,000 customers, including 87% of Fortune 100 companies, 74% of Fortune 500 companies and leading EMEA brands including Accenture, Adidas, Daimler Benz, Lufthansa, Henkel, H&M, Hugo Boss, Otto, Prada Group, Publicis, Real Madrid, Salomon, Santander, smart Europe, Stellantis, TeamViewer, TSB Bank, TUI Group and Volkswagen.

Story continues

New Innovations in Adobe Experience Cloud

Tune In: Adobe Summit EMEA

To watch the Adobe Summit EMEA keynotes online, as well as explore the event’s sessions, network with peers or speak live with an Adobe expert, visit the Summit EMEA web experience.

About Adobe

Adobe is changing the world through digital experiences. For more information, visit www.adobe.com.

© 2023 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230608005355/en/

Contacts

Public relations contactKevin FuAdobekfu@adobe.com

Adobe RdrCEF.exe High CPU usage on Windows 11/10

The RdrCEF.exe is a standard component of Adobe Acrobat Reader DC which is a free, trusted global standard for viewing, printing, signing, sharing, and annotating PDFs. It’s the only PDF viewer that can open and interact with all types of PDF content – including forms and multimedia. But many users reported that Adobe RdrCEF.exe Uses High Resources of CPU and RAM of the computer. If you also are facing the similar problem. Then, this article will be helpful for you. The methods we have mentioned below will fix the issue of High Usage of CPU and RAM usage by Adobe RdrCEF.exe.

You can follow the below troubleshooting method for fixing the Adobe RdrCEF.exe High CPU usage on your Windows computer:

If you want to fix Adobe RdrCEF.exe High Usage on Windows 11/10. So, you need to rename two executables located in the installation location of Acrobat Reader. Rename of RdrCEF.exe and RdlServiceUpdater.exe files will force the client to create new and healthy executables which will save your CPU from high resource usage of Adobe RdrCEF.exe. Now, here is a step on how to do it.

After that, restart your Adobe Reader to force it to recreate new and healthy files.

If your Adobe RdrCEF.exe uses a high resource of CPU and RAM. Then, your Adobe Acrobat Reader DC may be outdated. In this case, you should check your Adobe Reader for updates. Follow the below steps to check it.

In case your Adobe Acrobat Reader is up to date, and still you are facing this problem. Then you need to take a different route. You can try to Uninstall it first and then re-install its latest version. To do that, go to the next method.

If the above method will not be applicable to resolve the Adobe RdrCEF.exe High Usage on Windows 11/10. Then in the next step, you should Uninstall your Adobe reader application and download it again in its latest version. Now, follow the below steps to do it.

To remove the AcroRd32.exe from your computer do the following steps one by one.

Also read: Adobe Acrobat reader DC not showing bookmarks

The RdrCEF.exe file is a software component of Adobe Acrobat by Adobe. Adobe Acrobat is a group of software and web services created by Adobe to create, view, modify and print files in the Portable Document Format (PDF). RdrCEF.exe runs a process that handles cloud connectivity features. This is not a critical Windows component and should be removed if it causes a problem.

If you want to remove Adobe AcroCEF from your computer do the following steps one by one.

Also read: Fix AcroCEF/RdrCEF.exe application or Bad image error

If you want to stop Creative Cloud on Startup do the following steps one by one.

If you see Adobe RedCEF has stopped working error message often, then the best way to resolve this issue is the update the Adobe software. If that does not help, uninstall and reinstall the program.

Also read: Fix Adobe CEF Helper High Memory or CPU usage.