Shares in the creative software company were sliding Thursday. The economic slowdown could hit its bottom line.

Adobe is expected to report fiscal 2025 first-quarter results after the closing bell Wednesday, with analysts mostly bullish leading into the report and next week's Adobe Summit.

Adobe beat on sales and it beat on earnings last night. Management guided below Wall Street estimates for Q2 and full-year sales and earnings, however, sparking a series of price target cuts. But even with weak guidance,

Adobe (NASDAQ:ADBE) is a company that dominates creative software and PDF tools. It makes 87% of its revenue from subscriptions, which makes it a very resilient company, but startups like Canva and other AI companies are making things much more competitive.