Oracle and Adobe face the AI ​​fear pressure

Oracle Corporation ORCL and Adobe Inc. ADBE were back in focus on Tuesday as BNP Paribas stepped in to address the recent decline in enterprise software stocks, suggesting the selloff may be due to AI fears rather than a collapse in fundamentals.

For Adobe, analyst Stefan Slowinski said the stock is feeling the effects of fears of AI disruption. The company now has around 70 million free monthly active users, expanding its reach but lengthening monetization timelines.

Management has forecast at least flat NNARR growth this year, but BNP expects it could take some time for revenue growth to significantly accelerate again. April’s Adobe Summit could help reframe the narrative, likely focusing on how AI improves products rather than replacing them.