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.
For context, this time last year, in fiscal Q1 2024, Adobe's balance sheet held $3.1 billion of net cash. Today, its net cash ...
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Adobe (NASDAQ:ADBE) Surprises With Q1 SalesCreative software maker Adobe (NASDAQ:ADBE) reported Q1 CY2025 results , with sales up 10.3% year on year to $5.71 billion.
Looking ahead, Adobe maintained its full-year revenue outlook of $23.3 billion to $23.55 billion, and adjusted earnings per ...
Q1 Earnings: Adobe reported first-quarter revenue of $5.71 billion, beating the consensus estimate of $5.66 billion. The ...
Adobe's GenAI tools like Firefly streamline marketing workflows, enhance collaboration, and ensure safety, driving growth in ...
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