# Adobe's board authorized a new $25 billion share repurchase program.

*fintech · news · 2026-04-22 · CNBC*

## Key points

- Adobe's board authorized a new $25 billion share repurchase program, signaling confidence in its outlook.
- Nvidia CEO Jensen Huang publicly endorsed Adobe's agentic AI systems at the 2026 Investor Session.
- JPMorgan analyst Mark Murphy set a $420 price target for Adobe, implying 70% upside.
- Adobe's new products, like CX Enterprise Coworker, embed agentic AI to expand tool usage.
- Analysts believe Adobe's contextual data advantage is difficult for large language model vendors to replicate.

**Companies:** Adobe, Nvidia
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/04/22/adobe-tries-to-climb-out-of-abyss-with-help-from-a-buyback-and-nvidia.html)

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