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 ...
The software company is able to increase revenue and profits more than expected. But there are concerns about Adobe's AI ...
Adobe (NASDAQ:ADBE – Free Report) had its target price reduced by Morgan Stanley from $660.00 to $600.00 in a research note ...
Adobe reported strong Q1 2025 earnings, surpassing both analyst and management expectations with record revenue and cash flow ...
Adobe reaffirmed its annual revenue forecast and its CEO said the company is "well positioned to capitalize on the ...
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 ...
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