Why Adobe Stock Is Down After Its Earnings Beat
Adobe stock is lower Thursday despite the tech giant beating expectations for its fiscal 2024 fourth quarter. Here's what you need to know.
Adobe tanks 12% on Q4 earnings: 3 reasons to buy
Adobe shares slide on weaker-than-expected guidance for the full year. Adobe stock is now trading at a discount compared to its peers.
Adobe Q4 Earnings: Why This Stock Leaves Me Unsold
Despite strong AI tool adoption, Adobe faces slowing growth and stiff competition. Read more to see why I remain neutral on ADBE stock.
Analysts revisit Adobe stock price targets after Q4 earnings
D.A. Davidson analyst Gil Luria, who lowered his price target on the group by $60, taking it to $625 per share, said Adobe's outlook for revenue growth was conservative "given the various growth levers the company has to monetize the value provided to enterprises and proliferate freemium offerings."
Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit
Software major Adobe Inc. issued positive outlook for first quarter and fiscal 2025 earnings and revenues, after reporting higher
Adobe: Fiscal Q4 Earnings Snapshot
(ADBE) on Wednesday reported fiscal fourth-quarter net income of $1.68 billion. The San Jose, California-based company said it had profit of $3.79 per share. Earnings, adjusted for one-time gains and costs,
Adobe Reports Strong Earnings but Stock Falls on Disappointing Outlook
Adobe stock was falling after the maker of Photoshop provided disappointing revenue guidance.Adobe said it expects first-quarter revenue to be between $5.63 billion and $5.68 billion, which was below the FactSet consensus of $5.
Adobe (ADBE) Q4 2024 Earnings Call Transcript
Operator Good day, and welcome to the Q4 and FY '24 Adobe earnings conference call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Steve Day, SVP, DX; CFO;
Adobe Stock Has Underperformed Its Peers. Earnings Could Give a Boost.
Adobe  stock has underperformed its peers this year, but Wednesday’s earnings can provide shares a much-needed boost. Adobe is scheduled to report fourth-quarter financials after the stock market closes.
Adobe’s stock drop highlights this fundamental disconnect over AI
Adobe’s management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the ...
Why Adobe Inc. (ADBE) Is the Best Augmented Reality Stock to Buy Now?
We recently published a list of 10 Best Augmented Reality Stocks To Buy Now. In this article, we are going to take a look at ...
Adobe falls as annual revenue forecast triggers concerns on delayed AI returns
Shares of Adobe fell nearly 12% on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns ...
New Buy Rating for Adobe (ADBE), the Technology Giant
Piper Sandler analyst Brent Bracelin maintained a Buy rating on Adobe (ADBE – Research Report) today and set a price target of $600.00. The ...
Adobe (ADBE) and Box (BOX): Powering Enterprise Content Creation with AI
We recently compiled a list of the 11 AI News You Should Not Miss. In this article, we are going to take a look at where ...
Adobe tumbles after outlook disappoints Wall Street, TD Cowen cuts rating
Adobe's (ADBE) stock fell about 10% premarket on Thursday after the company's fiscal 2025 outlook came below estimates, ...
Adobe (ADBE): New Sell Recommendation for This Technology Giant
KeyBanc analyst Jackson Ader maintained a Sell rating on Adobe (ADBE – Research Report) today and set a price target of $450.00. The company’s ...
Adobe Inc (ADBE) Q4 2024 Earnings Call Highlights: Record Revenue and AI Innovations Propel Growth
Adobe Inc (ADBE) reports strong fiscal year performance with significant contributions from AI-driven solutions, despite facing market challenges.
5 Things to Know Before the Stock Market Opens
U.S. stock futures are lower after tech stocks helped push the Nasdaq over the 20,000 level for the first time; Adobe stock ...