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.
Shares of Adobe fell nearly 12% on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns ...
Adobe’s management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the ...
Adobe ( ADBE -12.68%) stock tumbled 12.4% through 10:30 a.m. ET Thursday despite beating earnings in its fiscal Q4 2024 ...
Photoshop maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday, suggesting the company's ...
Matthew Swanson, an RBC analyst, pointed out that while Adobe has made bold strides with tools like its Firefly AI suite, the absence of clear monetization metrics is making investors uneasy. Adobe is ...
Adobe Inc. on late Wednesday forecast weaker sales for the next year, clouding otherwise better earnings and making investors ...
Adobe (ADBE) is firmly lower today, despite upbeat fiscal fourth-quarter results, after disappointing guidance ...
Adobe Inc. is running out of time to show investors it can be a winner in the artificial intelligence era.
The software company reported record revenue for its fiscal 2024 fourth quarter, and surpassed both analysts' estimates and ...
Adobe has been of the tech market's biggest underperformers so far this year, falling around 13.2% over the past twelve ...
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