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Analysts revisit Adobe stock price targets
Analysts revisit Adobe stock price targets after Q4 earnings
Adobe has been of the tech market's biggest underperformers so far this year, falling around 13.2% over the past twelve months as it struggles to monetize its ambitions to infuse
Q4 2024 Adobe Inc Earnings Call
Good day, and welcome to the Q4 and FY24 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 and Corporate Finance Interim Head of IR. Please go ahead, sir.
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.
Adobe, AI
Adobe falls as annual revenue forecast triggers concerns on delayed AI returns
Shares of Adobe fell nearly 10% in premarket trading on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns that returns from AI investments into its software applications might take longer than expected.
Adobe Stock Drops as Revenue Forecast Disappoints
Adobe (ADBE) issued a revenue outlook that came in below analysts’ expectations, sending shares lower in extended trading Wednesday. The Creative Cloud software provider projected 2025 revenue of $23.
Adobe’s weak forecast stokes fears of AI disruption, sending its stock lower
In terms of fiscal 2025 revenue, Adobe is guiding for a range of $23.3 billion to $23.6 billion, trailing the analyst’s forecast of $23.8 billion. Adobe’s stock was down more than 9% after-hours, completely erasing a slight gain it had made earlier during the regular trading session.
14h
on MSN
Adobe Drops After Tepid Outlook Stokes AI Disruption Fears
Adobe Inc. fell in extended trading after giving a disappointing annual sales outlook, underscoring anxieties that the ...
16h
Adobe disappoints investors in this crucial metric, and shares fall nearly 9%
Adobe Inc. on late Wednesday forecast weaker sales for the next year, clouding otherwise better earnings and making investors ...
15h
Adobe Beats Expectations on All Fronts
The software company reported record revenue for its fiscal 2024 fourth quarter, and surpassed both analysts' estimates and ...
1d
Adobe Results Seen as ‘Make-or-Break’ to Prove AI Credentials
Adobe Inc. is running out of time to show investors it can be a winner in the artificial intelligence era.
4h
Adobe’s Strong Q4 Performance and AI Innovations Pave Way for Long-term Growth
William Blair analyst Jake Roberge has maintained their bullish stance on ADBE stock, giving a Buy rating yesterday.Pick the best stocks and ...
1d
Adobe And Box Bring Creative AI Tools To Businesses Users
Adobe Express with Firefly generative AI is a safe and easy way for businesses to safely deploy creative AI tools and is now ...
9h
on MSN
Adobe has the ability to improve its performance and market reach: Analyst
Jay Vleeschhouwer of Griffin Securities still confident that Adobe can continue to do well and boost its market outreach ...
22h
Adobe Lightroom, Balatro+ honored in Apple's App Store Awards
Apple has recognized 17 developers as part of the App Store Awards for 2024, with winning apps sparking creativity and ...
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