Adobe Faces Growth Struggles as Revenue Slows, Figma Deal Falls Through

Adobe's revenue growth is slowing down, with its Digital Media and Digital Experience segments losing momentum
Failure to acquire Figma was a setback that eliminated a competitor but also meant missing out on a growth opportunity
Adobe faces regulatory scrutiny over subscription cancellation policies in addition to macroeconomic and competitive challenges
Its AI platform Firefly has not yet provided a meaningful boost to Adobe's digital media sales
While reasonably valued, Adobe faces uphill battle to reaccelerate growth and appears unlikely to reach $1 trillion market cap this decade