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 ...
Adobe shares fell on Thursday as investors fretted over lingering growth concerns and the company’s artificial intelligence ...
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 ...
The software company is able to increase revenue and profits more than expected. But there are concerns about Adobe's AI ...
DOGE social media account announces that thousands of paid software licenses were going unused, according to a Department of ...
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 ...
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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 (NASDAQ:ADBE – Free Report) had its price target trimmed by Mizuho from $620.00 to $575.00 in a research report report ...
Investor's Business Daily on MSN2d
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 ...
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