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.
Adobe (NASDAQ: ADBE) fell 13.9% on March 13 in response to its first-quarter fiscal 2025 results and full-year guidance.
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 ...
Adobe reaffirmed its annual revenue forecast and its CEO said the company is "well positioned to capitalize on the ...
Adobe (NASDAQ:ADBE – Free Report) had its price target trimmed by Mizuho from $620.00 to $575.00 in a research report report ...
Adobe reported strong Q1 2025 earnings, surpassing both analyst and management expectations with record revenue and cash flow ...
Macworld on MSN3d
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 ...
Creative software developer Adobe (ADBE) is set to release its first quarter Fiscal 2025 financials today. ADBE stock has ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback