SEMrush Shares Surge Premarket on Report of Takeover by Adobe

Dow Jones

2025/11/19

By Colin Kellaher

Shares of SEMrush Holdings took flight in premarket trading Wednesday after The Wall Street Journal reported that Adobe is closing in on a $1.9 billion deal to buy the software platform.

Adobe is set to pay $12 a share for SEMrush, nearly 78% above Tuesday's closing price of $6.76, The Journal reports, citing people familiar with the matter.

A deal could be finalized as soon as Wednesday.

SEMrush shares were recently up 70% to $11.52 in premarket trading.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

November 19, 2025 07:46 ET (12:46 GMT)

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