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.
Adobe (NASDAQ:ADBE – Free Report) had its target price reduced by Morgan Stanley from $660.00 to $600.00 in a research note ...
Adobe shares fell on Thursday as investors fretted over lingering growth concerns and the company’s artificial intelligence ...
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Adobe Systems (ADBE) Q1 Earnings and Revenues Beat EstimatesAdobe Systems (ADBE) came out with quarterly earnings of $5.08 per share, beating the Zacks Consensus Estimate of $4.97 per share. This compares to earnings of $4.48 per share a year ago. These ...
The software company is able to increase revenue and profits more than expected. But there are concerns about Adobe's AI ...
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Adobe Stock Falls After Software Firm Gives Mixed Outlook For Current QuarterAdobe beat analyst estimates for its fiscal first quarter but offered mixed guidance for the current period. Adobe stock fell ...
Adobe (NASDAQ:ADBE – Free Report) had its price target trimmed by Mizuho from $620.00 to $575.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has ...
Adobe (ADBE) shares slid about 10% during early market action on Thursday, following its latest financial results, but ...
Adobe reaffirmed its annual revenue forecast and its CEO said the company is "well positioned to capitalize on the ...
Adobe reported strong Q1 2025 earnings, surpassing both analyst and management expectations with record revenue and cash flow ...
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