Down 33% in the Past Year: Is Adobe (ADBE) Stock a Buy Now?
Adobe’s decline was mainly due to its disappointing forward guidance. Q2 revenue forecast came in at $5.77–$5.82 billion vs. the consensus of $5.8 billion. Investors were likely spooked as the lower end of the guidance still implies a chance of Adobe missing expectations.
Equity analysts from Jefferies said in a report published on Sunday that chief information officers they surveyed expect ...
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're ...
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Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid ...
For context, this time last year, in fiscal Q1 2024, Adobe's balance sheet held $3.1 billion of net cash. Today, its net cash ...
Adobe reported strong Q1 2025 earnings, surpassing both analyst and management expectations with record revenue and cash flow ...
Adobe Inc. gave a disappointing outlook for revenue growth in the current quarter despite a recent focus on monetizing its ...
Adobe's GenAI tools like Firefly streamline marketing workflows, enhance collaboration, and ensure safety, driving growth in ...
Adobe forecast second-quarter revenue in line with Wall Street expectations on Wednesday, as it grapples with slower ...
Adobe CEO says the company has not been slow with AI monetisation. He explained how in an interview with CNBC on Thursday ...
Citi lowered the firm’s price target on Adobe (ADBE) to $430 from $490 and keeps a Neutral rating on the shares. The firm says the company’s ...
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Adobe Faces Stock Drop as Investors Worry About AI MonetizationAdobe shares closed down 14% following the company’s quarterly earnings report as investors fretted over lingering growth ...
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