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.
Investor's Business Daily on MSN1d
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 target price reduced by Morgan Stanley from $660.00 to $600.00 in a research note ...
The software company is able to increase revenue and profits more than expected. But there are concerns about Adobe's AI ...
SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Adobe Systems Inc. (ADBE) on Wednesday reported fiscal first-quarter profit of $1.81 billion. The San Jose, California-based company said it had net ...
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 reaffirmed its annual revenue forecast and its CEO said the company is "well positioned to capitalize on the ...
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Adobe Acrobat AI vs ChatGPT: Which is best for contract analysis?According to an Adobe support document, the AI assistant in Acrobat is powered by the GPT-4o model. So, in theory, its ...
Adobe reported strong Q1 2025 earnings, surpassing both analyst and management expectations with record revenue and cash flow ...
Creative software developer Adobe (ADBE) is set to release its first quarter Fiscal 2025 financials today. ADBE stock has ...
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