Adobe's Stock Plunged After Its Outlook Disappointed. Analysts Are Bullish on AI Growth.
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're ...
Adobe reports Q1 adjusted EPS $5.08, consensus $4.97
Reports Q1 revenue $5.71B, consensus $5.66B. “Adobe’s (ADBE) success over the next decade will be driven by customer-focused innovation and new ...
Why Adobe Stock Crashed Today
Not only that, but Adobe reported $2.5 billion in positive free cash flow for the quarter, twice last year's $1.2 billion, ...
Adobe Delivers Record Revenue, But Its Outlook Underwhelms
Looking ahead, Adobe maintained its full-year revenue outlook of $23.3 billion to $23.55 billion, and adjusted earnings per ...
Adobe price target lowered to $430 from $490 at Citi
Citi lowered the firm’s price target on Adobe (ADBE) to $430 from $490 and keeps a Neutral rating on the shares. The firm says the company’s ...
Adobe Analysts Highlight AI Growth, Demand Trends: 'Could Mark An Inflection' In Investor Perception
Adobe analysts come away with positives from the company's Q1 results, including more visibility in AI monetization efforts.
Adobe Earnings: A New Growth Strategy
Adobe beat expectations for revenue and adjusted earnings per share in the first quarter, although its outlook was slightly disappointing. The company has generated more than $125 million in bookings ...